For sale

$475,000

603 Thelma Dr
Austin, TX 78745

  • 0 beds
  • 0 baths
  • 2,326 sq ft
  • 0.26 acres

Listing courtesy of Deal Smith Realty LLC · (512) 784-1945 · MLS# 5495234 · Status: Active

About this home

An updated single-story South Austin duplex on a 0.26-acre SF-3 lot, a few blocks from the South 1st Street and William Cannon Drive corridor. The building has 2,326 square feet across two units, each with its own entrance, its own fireplace, its own laundry area and off-street parking. Built in 1980 and renovated since, both sides carry luxury vinyl plank flooring, white shaker cabinetry with stainless appliances, and tiled showers. The building sits on a slab foundation under a composition shingle roof, with central heat and air. Unit B is the larger rear unit with three bedrooms and two full baths. It is currently month-to-month, so it can be delivered vacant at closing or kept in place. Unit A has two bedrooms and two full baths and is leased through the end of the year, with a tenant who is open to extending. That combination works for an investor who wants income on day one, or for an owner-occupant who moves into the three-bedroom side and lets the two-bedroom side help carry the payment. The lot is the long-term story. At just over a quarter acre with SF-3 zoning, the backyard may have room for an additional unit, subject to City of Austin requirements and approvals. In the meantime the property keeps producing rent. The location keeps daily life close. South 1st has shopping and restaurants close by, and William Cannon Drive connects east to I-35 and west to MoPac. Dittmar Neighborhood Park and the neighborhood greenbelt are a short trip away, and Pleasant Hill Elementary is under a mile from the front door. Bedichek Middle School sits about a tenth of a mile away. Duplexes with this level of updating, on a lot this size, do not come up often in 78745. It is priced to move in the current market and is a strong fit for a first investment property, a portfolio addition, or a house-hack with upside.

Description provided by the listing brokerage.

Facts

Property type
Residential Income · Duplex
Year built
1980
Lot size
0.26 acres
Living area
2,326 sq ft
Price per sq ft
$204
Annual taxes
$9,303
County
Travis
Neighborhood
Buckingham Estates Sec 3
School district
Austin ISD
Schools
Pleasant Hill · Bedichek · Crockett

Features

Roof
Composition, Shingle
View
City
Sewer
Public Sewer
Levels
One
Cooling
Ceiling Fan(s), Central Air
Fencing
Back Yard, Chain Link, Fenced, Privacy, Wood
Heating
Central
Flooring
Tile, Vinyl
Utilities
None
Appliances
Dishwasher, Dryer, Gas Cooktop, Gas Range, Microwave, Oven, Refrigerator, Stainless Steel Appliance(s), Washer
Lot
Curbs, Level, Public Maintained Road, Trees-Medium (20 Ft - 40 Ft)
Pets
Call, Negotiable
Water
Public
Pool
None
Windows
Blinds, Double Pane Windows, Tinted Windows, Vinyl Windows
Parking
Driveway, Open
Exterior
Private Yard
Interior
Built-in Features, Ceiling Fan(s), Open Floorplan, Recessed Lighting, Soaking Tub, Walk-In Closet(s), Wired for Data
Community
Storage
Fireplace
Glass Doors, Living Room, Wood Burning
Foundation
Slab
Waterfront
None
Energy efficiency
None
Accessibility
None
Construction
Brick Veneer, Masonry – Partial, Frame
Patio & porch
None

Location

Listings courtesy of Unlock MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of November 15, 2026 at 4:05 PM CT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID, and its use may be subject to an end user license agreement prescribed by the applicable MLS. Some IDX listings have been excluded from this website. Any use or search of this website other than by a consumer looking to purchase or lease real estate is prohibited. Terms of use