5501 Purple Sage Drive

Austin, TX 78724

$573,000
Price
5
Beds
4
Baths
2,067 Sq. Ft.
$277 / Sq. Ft.
2,067
Sq. Ft.
$277
per Sq. Ft.

Description

Welcome to this exceptional duplex property, an ideal investment opportunity nestled in a prime location. This rare offering boasts two fully renovated and furnished units, catering perfectly to both investors and homeowners alike. The first unit is a spacious 3-bedroom, 2-bathroom residence, meticulously upgraded to offer modern comfort and style. It features a well-appointed kitchen, inviting living spaces, and direct access to a generous backyard, perfect for relaxation or entertaining guests....Welcome to this exceptional duplex property, an ideal investment opportunity nestled in a prime location. This rare offering boasts two fully renovated and furnished units, catering perfectly to both investors and homeowners alike. The first unit is a spacious 3-bedroom, 2-bathroom residence, meticulously upgraded to offer modern comfort and style. It features a well-appointed kitchen, inviting living spaces, and direct access to a generous backyard, perfect for relaxation or entertaining guests. The second unit, a charming 2-bedroom, 2-bathroom home, mirrors the elegance of the first with its own set of amenities and a sprawling backyard space. Each unit promises privacy and comfort, making them equally appealing for short-term or long-term rental opportunities. This property's standout feature lies in its lack of rental restrictions, presenting an unparalleled advantage for those seeking flexibility in income generation strategies. Whether you're looking to capitalize on the booming short-term rental market or secure stable long-term tenants, this duplex offers the ideal platform. Don't miss out on this unique opportunity to own a versatile income-generating property in a highly sought-after neighborhood. Schedule your private viewing today and envision the potential this duplex holds for your investment portfolio or residential ambitions.
  1. Listed by Chase Jones • TREC #0622256 • Agency Texas Inc • (512) 355-0150

Property Details for 5501 Purple Sage Drive

Subdivision Name
Las Cimas Sec 01
Waterfront
No
Waterfront Description
None
Water Access Description
None
View
Neighborhood
Pets Allowed
Yes
Parcel Number
02212906030000
Tax Lot
10
LISTING UPDATED: 11/20/2024 06:58 PM

Property Details for 5501 Purple Sage Drive

StatusActive
MLS #1655348
Days on Market154
Taxes$8,296 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1974
Lot Size0.21 AC / 9,365 SF
CountyTravis County

Building Information for 5501 Purple Sage Drive

Stories1Residences-Year Built1974Building Size-Lot Size0.21 AC / 9,365 SF

Property Information for 5501 Purple Sage Drive

General Information
Parking
  • Garage Spaces: 2
  • Parking Total: 4
  • Parking Features: Attached, Driveway, Garage, Paved, Shared Driveway
  • Garage: Yes
  • Covered Spaces: 2
Interior
  • Interior Features: Ceiling Fan(s), Eat-in Kitchen, High Ceilings, Main Level Master, No Interior Steps, Quartz Counters, Soaking Tub
  • Flooring: Tile, Vinyl
  • Appliances: Dishwasher, Disposal, Gas Water Heater, Oven, Refrigerator, Stainless Steel Appliance(s)
  • Fireplace: Yes
  • Fireplaces Total: 2
  • Fireplace Features: Living Room
  • Laundry Features: Inside, Main Level, Washer Hookup, Dryer Hookup, Electric Dryer Hookup
  • Restrictions: See Remarks
Exterior
  • Exterior Features: Private Yard
  • New Construction: No
  • Construction Materials: Stone, Wood Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Side Porch
  • Roof: Composition, Shingle
  • Fencing: Back Yard, Fenced, Wood
  • Direction Faces: North
  • Window Features: Aluminum Frames
  • Accessibility Features: None
  • Community Features: Curbs
Property Information
Lot Information
  • FEMA Flood Plain: No
  • Lot Features: Back Yard, Front Yard, Interior Lot, Moderate Trees, Few Trees
  • Horse: No
Utilities
  • Cooling YN: Yes
  • Cooling: Central Air
  • Heating YN: Yes
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Connected, High Speed Internet Available, Phone Available, Sewer Connected, Water Connected
  • Owner Pays: All Utilities
  • Water Source: Public
Unit Information
Unit 1
  • UnitNum: A
  • BedsTotal: 3
  • NumFullBaths: 2
  • NumHalfBaths: 0
  • BathsTotal: 2
  • Furnished: Furnished
  • ActualRent: $.00
  • LeasedYN: No
  • OccupantType: Vacant
  • PetDeposit: $.00
  • PetDepositPerPetYN: No
  • Deposit: $.00
  • MonthToMonthYN: No
  • FireplaceYN: Yes
  • Permission: IDX
Unit 2
  • UnitNum: B
  • BedsTotal: 2
  • NumFullBaths: 2
  • NumHalfBaths: 0
  • BathsTotal: 2
  • Furnished: Furnished
  • ActualRent: $.00
  • LeasedYN: No
  • OccupantType: Vacant
  • PetDeposit: $.00
  • PetDepositPerPetYN: No
  • Deposit: $.00
  • MonthToMonthYN: No
  • FireplaceYN: Yes
  • Permission: IDX
Financial Information
Taxes and HOA Information
  • Association: No
  • Tax Assessed Value: $518,173
  • Tax Year: 2023
  • Tax Rate: 1.97%
Showing Information
Showing Information
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Directions: From TX-71 E/US-290 E, use the left 2 lanes to merge onto S Hwy 183/183 Toll. Take the exit toward Manor Rd. Merge onto Ed Bluestein Blvd. Use the right lane to follow signs for US-290/Manor Rd. Right on Purple Sage.

Property History for 5501 Purple Sage Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5501 Purple Sage Drive

Taxable ValueLand$100,000Additions$446,691Total$546,691
Tax Record2022$8,296 ($691 / month)
Home Facts
Total Finished SqFt2,067 SqFtAbove Grade Finished SqFt2,067 SqFtStories1Lot Size9,352 SqFtStyleDuplexYear Built1974CountyTRAVISAPN0221290603Fireplace TypeHas Fireplace

Schools near 5501 Purple Sage Drive

This home is within Austin Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Jordan Elementary School
PublicPK to 5

Dobie Middle School
Public6 to 8

Lbj High School
Public9 to 12

Garcia Ymla
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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5501 Purple Sage Drive is a multi-family home for sale in Austin, TX 78724. This property was listed for sale on July 1, 2024 by Agency Texas Inc, it's currently listed at $573,000. It has been on the market for a total of 154 days and was last sold on November 9, 2023. This listing's school district is Austin Independent School District. Nearby schools include Jordan Elementary School, Dobie Middle School and Lbj High School. 5501 Purple Sage Drive is a 5-bed, 4-bath, 2,067 sqft multi-family home built in 1974.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Agency Texas Inc, Chase Jones, TREC #0622256

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2024] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.