5501 Purple Sage Dr, Austin, TX 78724
Local realty services provided by:ERA Colonial Real Estate
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
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 15, 2025 at 04:28 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
New listings near 5501 Purple Sage Dr
- New$1,650,000Active4 beds 3 baths2,743 sq. ft.
8717 South View Rd, Austin, TX 78737
MLS# 2429025Listed by: REDFIN CORPORATION - New$1,050,000Active0 Acres
1821 Dexter St, Austin, TX 78704
MLS# 4512899Listed by: PORTICO REAL ESTATE - New$249,900Active2 beds 2 baths1,063 sq. ft.
5125 Fort Clark Dr, Austin, TX 78745
MLS# 4547931Listed by: FORD SHANLEY REAL ESTATE - New$430,000Active4 beds 3 baths2,383 sq. ft.
6521 Kauai Ln, Austin, TX 78744
MLS# 6374071Listed by: COLDWELL BANKER REALTY - New$784,900Active2 beds 2 baths1,692 sq. ft.
1507 Alameda Dr, Austin, TX 78704
MLS# 6980607Listed by: STANBERRY REALTORS - New$289,000Active2 beds 1 baths814 sq. ft.
6000 Shepherd Mountain Cv #1904, Austin, TX 78730
MLS# 7337249Listed by: AUSTIN APEX REAL ESTATE LLC - New$299,000Active3 beds 2 baths1,201 sq. ft.
9108 Wellesley Dr, Austin, TX 78754
MLS# 8977116Listed by: EXP REALTY, LLC - Open Thu, 1 to 5pmNew$749,000Active3 beds 4 baths1,726 sq. ft.
10823 Desert Trl #1019, Austin, TX 78758
MLS# 1358190Listed by: DOUGLAS ELLIMAN REAL ESTATE - Open Sun, 3 to 5pmNew$339,000Active3 beds 2 baths1,722 sq. ft.
9944 Comely Bnd, Manor, TX 78653
MLS# 1538014Listed by: EXIT REALTY ADVISORS - Open Sat, 1 to 4pmNew$900,000Active4 beds 4 baths2,374 sq. ft.
8014 Tisdale Dr #1, Austin, TX 78757
MLS# 1659775Listed by: CHRISTIE'S INT'L REAL ESTATE