5501 Purple Sage Dr, Austin, TX 78724
Local realty services provided by:Better Homes and Gardens Real Estate Hometown
Listed by:michelle harris
Office:spyglass realty
MLS#:6889885
Source:ACTRIS
5501 Purple Sage Dr,Austin, TX 78724
$495,000
- - Beds
- - Baths
- 2,067 sq. ft.
- Multi-family
- Active
Price summary
- Price:$495,000
- Price per sq. ft.:$239.48
About this home
All Offers by 5PM on Friday, October 24th! 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!
Contact an agent
Home facts
- Year built:1974
- Listing ID #:6889885
- Updated:October 21, 2025 at 10:45 PM
Rooms and interior
- Living area:2,067 sq. ft.
Heating and cooling
- Cooling:Central
- Heating:Central, Fireplace(s)
Structure and exterior
- Roof:Composition, Shingle
- Year built:1974
- Building area:2,067 sq. ft.
Schools
- High school:Lyndon B Johnson (Austin ISD)
- Elementary school:Jordan
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$495,000
- Price per sq. ft.:$239.48
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