5501 Purple Sage DR, Austin TX 78724

Austin, TX 78724 | Las Cimas

0 Beds
Baths
2,067 Sq Ft
0.2147 Acres
1974 Built
2 Garage

About This Property

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!

Features

  • None

Location

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Schools

School District Austin ISD
Elementary Jordan
Middle School Dobie (Austin ISD)

Property Details

Property Type Residential Income
Flooring Carpet, Tile, Vinyl
Cooling Ceiling Fan(s), Central Air
Heating Central, Fireplace(s)
Exterior None
County Travis
MLS # 6889885

Parking

Garage 2 spaces

Listing History

MLS# 6889885 - Updated Feb 27, 2026 52 days (414 CDOM)
Dec 12, 2025 Off Market
Nov 20, 2025 Price Change $455,000
Oct 10, 2025 Listed $495,000

Frequently Asked Questions About 5501 Purple Sage DR, Austin TX 78724

When was 5501 Purple Sage DR, Austin TX 78724 built?

5501 Purple Sage DR, Austin TX 78724 was built in 1974.

How much does 5501 Purple Sage DR, Austin TX 78724 cost?

5501 Purple Sage DR, Austin TX 78724 sold on December 12, 2025. Contact us for sale price details.

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