5501 Purple Sage Drive, Austin, TX

$495,000

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2,067

Square feet

0.21

Acres

About 5501 Purple Sage Drive

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!

Features of 5501 Purple Sage Drive

MLS® # 6889885
Price $495,000
Bathrooms 0.00
Square Footage 2,067
Acres 0.21
Year Built 1974
Type Residential Income
Sub-Type Duplex
Status Active

Community Information

Address 5501 Purple Sage Drive
Area 3E
Subdivision Las Cimas Sec 01
City Austin
County Travis
State TX
Zip Code 78724

Amenities

Utilities Cable Available, Electricity Available, Electricity Connected, Natural Gas Connected, High Speed Internet Available, Phone Available, Sewer Connected, Water Connected
Features None
Parking Attached, Concrete, Door-Multi, Garage, Garage Faces Side
Garage Spaces 2
View Neighborhood
Is Waterfront No
Waterfront None
Has Pool No

Interior

Interior Carpet, Tile, Vinyl
Appliances Dryer, Dishwasher, Exhaust Fan, Free-Standing Electric Range, Disposal, Microwave, Refrigerator, Washer
Heating Central, Fireplace(s)
Fireplace Yes
# of Fireplaces 2
Fireplaces Family Room
# of Stories 1
Stories One

Exterior

Exterior Features None
Lot Description Back Yard, Front Yard, Interior Lot, Moderate Trees, Few Trees
Roof Composition, Shingle
Construction Stone, Wood Siding
Foundation Slab

School Information

District Austin ISD
Elementary Jordan
Middle Dobie (Austin ISD)
High Lyndon B Johnson (Austin ISD)

Additional Information

Date Listed October 10th, 2025
Days on Market 4
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeSpyglass Realty
Contact Info(512) 915-4188

Listing Map

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