5501 Purple Sage DR Active Save Request In-Person Tour Request Virtual Tour
Austin,TX 78724
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,067 sqft
Price per Sqft $239
Subdivision Las Cimas Sec 01
MLS Listing ID 6889885
Year Built 1974
Tax Year 2025
Lot Size 9,352 Sqft
Property Sub-Type Duplex
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. 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!
Location
State TX
County Travis
Interior
Heating Central,Fireplace(s)
Cooling Ceiling Fan(s),Central Air
Flooring Carpet,Tile,Vinyl
Fireplaces Number 2
Fireplaces Type Family Room
Exterior
Exterior Feature None
Garage Spaces 2.0
Fence Back Yard,Wood
Community Features None
Utilities Available Cable Available,Electricity Connected,High Speed Internet,Natural Gas Connected,Phone Available,Sewer Connected,Water Connected
Waterfront Description None
View Neighborhood
Roof Type Composition,Shingle
Building
Lot Description Back Yard,Few Trees,Front Yard,Interior Lot,Trees-Moderate
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Wood Siding,Stone
New Construction No
Schools
Elementary Schools Jordan
Middle Schools Dobie (Austin Isd)
High Schools Lyndon B Johnson (Austin Isd)
School District Austin Isd
Others
Special Listing Condition Standard
Pets Allowed All