5501 Purple Sage Dr Austin, TX $ 455,000
5501 Purple Sage Dr
$ 455,000
Share Save

5501 Purple Sage Dr

Austin, TX, 78724
$ 455,000
Baths0.0 Sq 2,067

Monthly Estimate*

$ 2,839

5501 Purple Sage Dr, Austin, TX 78724 - Image 1
5501 Purple Sage Dr, Austin, TX 78724 - Image 2
5501 Purple Sage Dr, Austin, TX 78724 - Image 3
5501 Purple Sage Dr, Austin, TX 78724 - Image 4
5501 Purple Sage Dr, Austin, TX 78724 - Image 5
5501 Purple Sage Dr, Austin, TX 78724 - Image 6
5501 Purple Sage Dr, Austin, TX 78724 - Image 7
5501 Purple Sage Dr, Austin, TX 78724 - Image 8
5501 Purple Sage Dr, Austin, TX 78724 - Image 9
5501 Purple Sage Dr, Austin, TX 78724 - Image 10
5501 Purple Sage Dr, Austin, TX 78724 - Image 11
5501 Purple Sage Dr, Austin, TX 78724 - Image 12
5501 Purple Sage Dr, Austin, TX 78724 - Image 13
5501 Purple Sage Dr, Austin, TX 78724 - Image 14
5501 Purple Sage Dr, Austin, TX 78724 - Image 15
5501 Purple Sage Dr, Austin, TX 78724 - Image 16
5501 Purple Sage Dr, Austin, TX 78724 - Image 17
5501 Purple Sage Dr, Austin, TX 78724 - Image 18
5501 Purple Sage Dr, Austin, TX 78724 - Image 19
5501 Purple Sage Dr, Austin, TX 78724 - Image 20
5501 Purple Sage Dr, Austin, TX 78724 - Image 21
5501 Purple Sage Dr, Austin, TX 78724 - Image 22
5501 Purple Sage Dr, Austin, TX 78724 - Image 23
5501 Purple Sage Dr, Austin, TX 78724 - Image 24
5501 Purple Sage Dr, Austin, TX 78724 - Image 25
5501 Purple Sage Dr, Austin, TX 78724 - Image 26
5501 Purple Sage Dr, Austin, TX 78724 - Image 27
5501 Purple Sage Dr, Austin, TX 78724 - Image 28
5501 Purple Sage Dr, Austin, TX 78724 - Image 29
5501 Purple Sage Dr, Austin, TX 78724 - Image 30
5501 Purple Sage Dr, Austin, TX 78724 - Image 31
5501 Purple Sage Dr, Austin, TX 78724 - Image 32
5501 Purple Sage Dr, Austin, TX 78724 - Image 33
5501 Purple Sage Dr, Austin, TX 78724 - Image 34
5501 Purple Sage Dr, Austin, TX 78724 - Image 35
5501 Purple Sage Dr, Austin, TX 78724 - Image 36
5501 Purple Sage Dr, Austin, TX 78724 - Image 37
5501 Purple Sage Dr, Austin, TX 78724 - Image 38
5501 Purple Sage Dr, Austin, TX 78724 - Image 39
5501 Purple Sage Dr, Austin, TX 78724 - Image 40
View a Virtual Tour
Studio

Multi-Family Home for sale in Austin, TX

for $455,000. This 2,067 square foot home was built in 1974 on a lot size of 0.2147.

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!

See more

Multi-Family Pending

Price

$ 455,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 10,161

Style

Duplex

Lot Size

0.2147

Year Built

1974

Town/City

Austin

County/Region

Travis

MLS | Web ID

6889885

Features
General
Living Area 2067
Sewer Public Sewer
Heating Central Fireplace(s)
Cooling Ceiling Fan(s) Central Air
Utilities Cable Available Electricity Connected High Speed Internet Natural Gas Connected Phone Available Sewer Connected Water Connected
Roof Composition Shingle
Appliances Dishwasher Disposal Dryer Exhaust Fan Microwave Free-Standing Electric Range Refrigerator Washer/Dryer
Garage Spaces 2
Patio/Porch Features Covered Front Porch
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Construction Materials Wood Siding Stone
Pets Allowed All
Year Built 1974
View Neighborhood
Levels One
Property Subtype Duplex
Tax Year 2025
Waterfront Features None
Community Features None
Accessibility None
County Travis
New Construction N
Property Type Residential Income
HOA N
Energy Efficient None
Subdivision Name Las Cimas Sec 01
Facing Direction North
Green Sustainability None
Other Structures None
Status Pending
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
High School Lyndon B Johnson (Austin ISD)
City Austin
Disclosures Lead Base Paint Addendum Seller Disclosure
MLS Area 3E
Lot Size Square Feet 9352.33
Elementary School Jordan
Middle/Junior High School Dobie (Austin ISD)
Property Condition Resale
Virtual Tour https://my.matterport.com/show/?m=vRXPRJo4Cmm
Standard Status Pending
Year Built Source Public Records
Tax Assessed Value 513213
See more
Interior
Interior Amenities None
Flooring Carpet Tile Vinyl
Total Fireplaces 2
Fireplace Features Family Room
Window Features None
Total Bedrooms 0
Total Baths 0
See more
Exterior
Exterior Amenities None
Fencing Back Yard Wood
Parking Features Attached Concrete Door-Multi Garage Garage Faces Side
Lot Features Back Yard Few Trees Front Yard Interior Lot Trees-Moderate
Water Source Public
Total Parking 8
Foundation Details Slab
Lot Size Acres 0.2147
Waterfront Y/N N
Covered Spaces 2
Other Equipment None
Horse Y/N N
See more
Internal Only
Street Number 1 5501
See more
* Excluded Features
List By
Michelle Harris

Listing Agent

Spyglass Realty

Broker

MichelleLHarris78@gmail.com

Email

Affordability Calculator

$3,685
Per Month
77%
23%
0%
Monthly Principal & Interest
$2,839
Monthly Property Taxes
$847
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4360752 Elementary School
4360736 Middle School
Lyndon B Johnson (Austin ISD) High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$455,000 -5.21% Price Down
11/15/2025$479,998 0.00% Price Down
11/12/2025$479,999 0.00% Price Down
11/8/2025$480,000 -3.03% Price Down
10/30/2025$494,999 0.00% Price Down
10/10/2025$495,000 Listed Price

Map


See all

5501 Purple Sage Dr, Austin, TX, 78724 is a Multi-Family Home for sale at $455,000 with 2,067 sqft and a lot size of 0.2147. 5501 Purple Sage Dr is a studio with 0.0 baths and was built in 1974. The property's zip code is 78724 which is in Austin, TX