5501 PURPLE SAGE DRIVE, AUSTIN, TX 78724

Homes for sale in Austin.

Homes for sale in 78724.


5501 Purple Sage Drive

Austin, TX 78724

Status of the property has changed, please contact for details

List Price$495,000

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

Listing #6889885

2,067

Square Feet

2

Number of Units

Multi-Unit Residential

Type

About This Property

Calling all investors and house hackers! This beautifully renovated duplex offers the perfect opportunity to generate income or reduce your living costs. Each side is fully furnished and thoughtfully updated -- featuring a 3 bed / 2 bath unit and a 2 bed / 2 bath unit, both currently operating as successful short-term rentals. The incoming owner could easily continue renting both sides or live in one and lease the other for steady monthly income. Enjoy modern finishes and recent upgrades throughout -- all the heavy lifting has been done for you. Both units have been well maintained and are ready for immediate occupancy or continued Airbnb use. This is a truly turnkey investment, offering flexibility whether you're a seasoned investor or a first-time buyer looking to start building equity the smart way. The property grossed $43,322 in 2024, with additional income potential through more efficient management or same-day turnovers. All furnishings can convey, making this a seamless transition for the next owner. Located in the established La Cima neighborhood, 5501 Purple Sage Drive sits directly across from LBJ High School's football and baseball fields, providing open views and privacy with no homes directly opposite. Nestled in a prime -- yet still affordable -- pocket east of University Hills, you'll love the quick access to Highway 183 and HWY 290, just 20 minutes from Downtown Austin, with convenient routes to the airport and all parts of the city. Plus, the neighborhood backs up to the Walnut Creek Greenbelt and Hike & Bike Trail, offering endless opportunities to enjoy the outdoors. Don't miss this chance to own a stylish, income-producing duplex in a rapidly appreciating area -- schedule your showing today!

Virtual Tour

Property Features

Location Information

County

Travis

Subdivision

Las Cimas Sec 01

County

Travis

Directions

From TX-71 E/US-290 E, use the left 2 lanes to merge onto S Hwy 183/183 Toll. Take the exit toward Manor Rd. Merge onto Ed Bluestein Blvd. Use the right lane to follow signs for US-290/Manor Rd. Right on Purple Sage.

Area

3E

Interior Features

Interior

None

Laundry

Inside, Main Level

Has Fireplace

Yes

Disabled Features

None

Number of Fireplaces

2

Appliances

Dryer, Dishwasher, Exhaust Fan, Free-Standing Electric Range, Disposal, Microwave, Refrigerator, Washer

Fireplace Description

Family Room

Total Number of Units

2

Heating

Central, Fireplace(s)

Accessibility

None

Floors

Carpet, Tile, Vinyl

Exterior Features

Style

Stone, Wood Siding

Parking Description

Attached, Concrete, Door-Multi, Garage, Garage Faces Side

Stories

1

Garage Spaces

2

Is New Construction

No

Fencing

Back Yard, Wood

Construction/Exterior

Stone, Wood Siding

Lot Size in Acres

0.215

Exterior

None

Waterfront Description

None

Foundation

Slab

Has Waterfront

No

Water / Sewer

Public Sewer

View

Neighborhood

Water

Public

Is One Story

Yes

School

Elementary School District

Austin ISD

Middle School

Dobie (Austin ISD)

Elementary School

Jordan

High School

Lyndon B Johnson (Austin ISD)

Additional Information

Roof/Attic

Composition, Shingle

APN

02212906030000

Other Utilities

Cable Available, Electricity Available, Electricity Connected, Natural Gas Connected, High Speed Internet Available, Phone Available,

Status

Active

Property Type

RI

Pets

Yes

Property SubType

Duplex

Documents Available

Survey

Year Built

1974

Square Feet Source

Public Records

Similar Listings

Mortgage Calculator

$2,310

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$1,783

Monthly Tax

$412

Monthly Insurance

$115

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

Real Estate IDX Powered by iHomefinder