Walnut Forest Real Estate

Walnut Forest Real Estate

Welcome to Walnut Forest, a hidden gem nestled in the vibrant city of Austin, Texas. This charming subdivision offers a unique blend of suburban tranquility and urban convenience, making it an ideal choice for families, professionals, and anyone seeking a balanced lifestyle.

Walnut Forest is characterized by its picturesque tree-lined streets, spacious lots, and beautifully designed homes that reflect a range of architectural styles. With an emphasis on community and nature, residents enjoy access to lush green spaces, walking trails, and nearby parks, perfect for weekend picnics or evening strolls. The community fosters a friendly atmosphere, where neighbors know each other and often gather for seasonal events and activities.

Located just a short drive from downtown Austin, Walnut Forest provides residents with easy access to the city’s rich cultural scene, renowned dining options, and vibrant nightlife. Whether you're exploring the eclectic shops on South Congress or enjoying live music at one of the many local venues, the energy of Austin is always within reach.

Families in Walnut Forest benefit from excellent schools and a variety of recreational opportunities. With nearby amenities such as grocery stores, restaurants, and entertainment options, everything you need is conveniently located just minutes away.

Experience the best of both worlds in Walnut Forest, where the charm of a close-knit community meets the excitement of Austin’s dynamic lifestyle. Come discover your dream home in this delightful subdivision and become part of a community that truly feels like home.

Newest Listings in Walnut Forest

601 E Covington Dr Unit A & B, Austin
$550,000
1420721 MLS ⋅ 78753 Zip Code
Excellent North Austin income-producing investment opportunity with strong cash flow and long-term appreciation potential. Owned by the same owner for more than 20 years and professionally maintained throughout that time, this beautifully renovated duplex sits on an oversized approximately 0.34-acre corner lot in a predominantly single-family neighborhood. The property features two spacious 2-bedroom, 1-bath units with modern updates and consistent rental demand. Each unit features durable, tenant-friendly finishes including wood-plank porcelain tile flooring throughout (no carpet), granite countertops, modern lighting, and upgraded Samsung stainless-steel appliances. Large living areas with floor-to-ceiling brick fireplaces add character, while converted garage spaces provide additional functional square footage ideal for a home office, game room, studio, or secondary living area. Both units include private fenced backyards with patio space, mature oak trees, and ample shade. A new cedar fence installed in 2025 enhances privacy and outdoor appeal. The oversized corner lot is a rare feature for a duplex and adds significant long-term land value. Major capital improvements include a full roof replacement in 2024. The property currently generates approximately $42,600 in annual gross rental income, providing immediate cash flow with future rent-growth potential. Conveniently located near major roadways, employment centers, shopping, and dining, this turnkey duplex offers investors a compelling combination of established ownership, professional maintenance, current income, recent improvements, and long-term appreciation potential. Owner/agent Chris Ricker /w Landmark Properties

601 E Covington Dr Unit A & B, Austin

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