Courtesy of Deal Smith Realty LLC, Derek Smith , derek@dealsmithrealty.com

603 Thelma DR, Austin, Texas, 78745

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.

Active

$475,000

Other

2,326 Sqft

0.26 Acre

MLS

5495234

Built in 1980

Buckingham Estates Sec 3

9303.44 (2026)

Disclaimer: The information contained in this listing has not been verified by Deal Smith Realty LLC and should be verified by the buyer.

Information provided by UnlockMLS

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ADDRESS & DIRECTIONS

  • Street Address: 603 Thelma DR
  • City: Austin
  • State: Texas
  • County: Travis
  • Subdivision: Buckingham Estates Sec 3
  • Directions:
    South on South 1st off of William Cannon, then left on Thelma

PROPERTY FEATURES

General Information

  • Property Condition : Updated/Remodeled

Heating /Cooling Features

  • Cooling: Ceiling Fan(s), Central Air
  • Heating : Central

Interior Features

  • Interior Features: Built-in Features, Ceiling Fan(s), Open Floorplan, Recessed Lighting, Soaking Tub, Walk-In Closet(s), Wired for Data
  • Fireplaces Total : 2
  • Appliances : Dishwasher, Dryer, Gas Cooktop, Gas Range, Microwave, Oven, Refrigerator, Stainless Steel Appliance(s), Washer
  • Windows Features: Blinds, Double Pane Windows, Tinted Windows, Vinyl Windows
  • Flooring : Tile, Vinyl
  • Levels : One

Parking Features

  • Parking Features: Driveway, Open
  • Parking Total: 6
  • 0 Garage Spaces

Construction Features

  • Construction Materials: Brick Veneer, Masonry – Partial, Frame
  • Foundation Details: Slab

Utility Information

  • Water Source : Public
  • Sewer Source : Public Sewer

Security Features

  • Fencing : Back Yard, Chain Link, Fenced, Privacy, Wood

Community Features

  • Community Features : None

Other Features

  • Other Structures: Storage
  • Special Listing Conditions: Standard

SCHOOLS NEAR 603 Thelma DR

  • Courtesy of Deal Smith Realty LLC, Derek Smith
  • Property last updated on UnlockMLS : 11/3/2026 9:30:05 PM