5501 Purple Sage DR, Austin, TX 78724
- 2,067 sqft
Duplex
Built in 1974
9,352sqft lot
2 car garage
$239/sqft
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
- 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
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Barbara Jordan Elementary School
6711 Johnny Morris Rd, Austin, TX, 78724
Grades EE-5
0.81 miles away
Garcia Ymla
7414 Johnny Morris Rd, Austin, TX, 78724
Grades 6-8
0.81 miles away
LBJ Early College High School
7309 Lazy Creek Dr, Austin, TX, 78724
Grades 9-12
0.24 miles away






