$494,999

5501 Purple Sage DR, Austin, TX 78724

  • 2,067 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1974
  • Property Lot Size Icon9,352sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $239/sqft
  • Property List Date Icon Listed 26 days ago

Property Description

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. Seller was running at 90% occupancy when he was local. 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!

Listing Status:
Active
Listing Office:
Spyglass Realty : (512) 759-0889
Listing Agent:
Michelle Harris : (512) 915-4188
MLS ID:
6889885
  • General: None
  • Rooms: Primary BedroomBedroomPrimary BathroomBathroomKitchenLaundryLiving Room
  • Appliances: DishwasherDisposalDryerExhaust FanMicrowaveFree-Standing Electric RangeRefrigeratorWasher/Dryer
  • Laundry: InsideMain Level
  • Flooring: CarpetTileVinyl
  • A/C: Ceiling Fan(s)Central Air
  • Heating: CentralFireplace(s)
  • Fireplace: Family RoomFireplaces: 2
  • Eco/Green Feature: NoneNone
  • General: None
  • Other Structures: Front PorchCovered
  • Parking: AttachedConcreteDoor-MultiGarageGarage Faces SideParking spaces: 8
  • Roofing: CompositionShingle
  • Windows: None
  • General: OneSlab
  • HOA Amenities: None
  • Originating MLS: actris
  • School District: Austin ISD
  • County: Travis
  • Zoning: LOT 10 BLK 7 LAS CIMAS SEC 102212906030000
  • View: Neighborhood
  • Fencing: Back YardWood
  • Utilities: Cable AvailableElectricity ConnectedHigh Speed InternetNatural Gas ConnectedPhone AvailableSewer ConnectedWater Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: actris

This listing courtesy of Michelle Harris, Spyglass Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

B

Barbara Jordan Elementary School

6711 Johnny Morris Rd, Austin, TX, 78724

Grades EE-5

0.81 miles away

G

Garcia Ymla

7414 Johnny Morris Rd, Austin, TX, 78724

Grades 6-8

0.81 miles away

L

LBJ Early College High School

7309 Lazy Creek Dr, Austin, TX, 78724

Grades 9-12

0.24 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby