505 KEMP STREET, AUSTIN, TX 78741

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Homes for sale in 78741.


Active

List Price$999,800

505 Kemp Street

Austin, TX 78741

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #3442327

3,664

Square Feet

2

Number of Units

Multi-Unit Residential

Type

About This Property

This contemporary duplex is sitting in one of those East Austin pockets that makes a lot of sense from both a lifestyle and investment standpoint. Set on Kemp Street in Montopolis, the location gives you that rare mix of city access and outdoor space, with Roy G. Guerrero Park right across the street for trails, disc golf, ball fields, river access, and Secret Beach. You can bike into the downtown hike-and-bike trail system or connect to Little Walnut Creek Trail for miles of exploring, all right from your front door. Even with all that green space nearby, you are still close to the good stuff. Downtown is about 5 minutes away via E Cesar Chavez, E 5th, or E 7th, the airport is about 4 minutes away, and you have easy access to 183, 290, and I-35. East Riverside, Lady Bird Lake, restaurants, breweries, etc. are all nearby, keeping the location incredibly convenient for tenants, owner-occupants, or anyone looking for a smart long-term hold in a growing East Austin pocket. Both units are identical, giving the property a clean, straightforward setup for leasing, house hacking, or holding long term. The property is currently vacant, offering immediate flexibility for the next owner to place tenants, set lease terms, explore owner-occupancy, or evaluate short-term and mid-term rental potential. Even better, each unit has a history of long-term rental use at $3,200 per month, creating potential monthly rental income of $6,400 for both units combined. Each unit offers 3 BD, 2.5 BA, a bonus loft area, an attached garage, and an open, flexible floorplan with modern finishes throughout. Each also includes a covered patio and fenced yard space, adding a private outdoor spot that brings real value for future tenants. Modern, clean, vacant, and incredibly well-positioned, this duplex brings the lifestyle appeal renters want and the long-game potential investors are looking for. Buyer to verify all info, including rental income, short-term rental use, permitting, and restrictions.

Property Features

Location Information

County

Travis

Subdivision

Montopolis

County

Travis

Directions

From downtown head south in I-35. Take Hwy 71 E to 183 N. Turn left onto Montopolis Dr. Turn right onto Walker Ln. Turn right onto Kemp St. Property will be on the right.

Area

9

Interior Features

Interior

Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, High Ceilings, Interior Steps, Kitchen Island, Main Level Primary, Open Floorplan, Quartz Counters, Recessed Lighting, Walk-In Closet(s)

Laundry

Inside, Lower Level, Washer Hookup, Electric Dryer Hookup

Primary Bedroom On Main

Yes

Disabled Features

None

Number of Fireplaces

0

Appliances

Dishwasher, Free-Standing Gas Range, Disposal, Gas Oven, Microwave, Stainless Steel Appliance(s)

Heating

Central

Total Number of Units

2

Floors

Carpet, Tile, Wood

Accessibility

None

Exterior Features

Style

Board & Batten Siding, HardiPlank Type

Parking Description

Additional Parking, Attached, Door-Single, Driveway, Garage Faces Front, Garage, Inside Entrance, Kitchen Level

Stories

2

Garage Spaces

2

Is New Construction

No

Fencing

Back Yard, Fenced, Gate, Privacy, Wood

Construction/Exterior

Board & Batten Siding, HardiPlank Type

Lot Size in Acres

0.13

Exterior

Private Yard

Waterfront Description

None

Foundation

Slab

Has Waterfront

No

Water / Sewer

Public Sewer

Has View

No

Water

Public

View

None

School

Elementary School District

Austin ISD

Middle School

Lively

Elementary School

Allison

High School

Eastside Early College

Additional Information

Roof/Attic

Composition

Status

Active

Other Utilities

Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Sewer Available, See Remarks, Water Avai

HOA Includes

Common Area Maintenance

Property Type

RI

Pets

Negotiable

Property SubType

Duplex

Documents Available

None

Year Built

2020

Square Feet Source

Public Records

APN

03041609020000&0304160903

Similar Listings

Mortgage Calculator

$4,668

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$3,602

Monthly Tax

$833

Monthly Insurance

$233

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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