505 Kemp St
Austin, TX, 78741 $ 999,800
Baths0.0 Sq 3,664 Monthly Estimate*
$ 6,313
Studio for $999,800. This 3,664 square foot home was built in 2020 on a lot size of 0.1297.
This contemporary duplex is sitting in one of those East Austin pockets that makes a lot of sense from both a lifestyle and investment standpoint. Set on Kemp Street in Montopolis, the location gives you that rare mix of city access and outdoor space, with Roy G. Guerrero Park right across the street for trails, disc golf, ball fields, river access, and Secret Beach. You can bike into the downtown hike-and-bike trail system or connect to Little Walnut Creek Trail for miles of exploring, all right from your front door. Even with all that green space nearby, you are still close to the good stuff. Downtown is about 5 minutes away via E Cesar Chavez, E 5th, or E 7th, the airport is about 4 minutes away, and you have easy access to 183, 290, and I-35. East Riverside, Lady Bird Lake, restaurants, breweries, etc. are all nearby, keeping the location incredibly convenient for tenants, owner-occupants, or anyone looking for a smart long-term hold in a growing East Austin pocket. Both units are identical, giving the property a clean, straightforward setup for leasing, house hacking, or holding long term. The property is currently vacant, offering immediate flexibility for the next owner to place tenants, set lease terms, explore owner-occupancy, or evaluate short-term and mid-term rental potential. Even better, each unit has a history of long-term rental use at $3,200 per month, creating potential monthly rental income of $6,400 for both units combined. Each unit offers 3 BD, 2.5 BA, a bonus loft area, an attached garage, and an open, flexible floorplan with modern finishes throughout. Each also includes a covered patio and fenced yard space, adding a private outdoor spot that brings real value for future tenants. Modern, clean, vacant, and incredibly well-positioned, this duplex brings the lifestyle appeal renters want and the long-game potential investors are looking for. Buyer to verify all info, including rental income, short-term rental use, permitting, and restrictions.
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FeaturesGeneralLiving Area 3664
Sewer Public Sewer
Heating Central
Cooling Ceiling Fan(s) Central Air
Utilities Electricity Available High Speed Internet Natural Gas Available Sewer Available Water Available
Roof Composition
Appliances Dishwasher Disposal Microwave Gas Oven Free-Standing Gas Range Stainless Steel Appliance(s)
Garage Spaces 2
Association Fee Includes Common Area Maintenance
Patio/Porch Features Covered Rear Porch
Pool Features None
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Construction Materials HardiPlank Type Board & Batten Siding
Pets Allowed Negotiable
Year Built 2020
View None
Levels Two
Property Subtype Duplex
Tax Year 2026
Waterfront Features None
Community Features BBQ Pit/Grill Park Picnic Area Playground Trail(s)
Accessibility None
County Travis
New Construction N
Property Type Residential Income
HOA N
Energy Efficient None
Subdivision Name Montopolis
Facing Direction Northwest
Green Sustainability None
Other Structures None
Status Active
Directions From downtown head south in I-35. Take Hwy 71 E to 183 N. Turn left onto Montopolis Dr. Turn right onto Walker Ln. Turn right onto Kemp St. Property will be on the right.
High School Eastside Early College
City Austin
Disclosures None
MLS Area 9
Lot Size Square Feet 5649.73
Elementary School Allison
Tax Annual Amount 23014.52
Middle/Junior High School Lively
Property Condition Resale
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 1121783
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InteriorInterior Amenities Breakfast Bar Ceiling Fan(s) Ceiling-High Quartz Counters Eat-in Kitchen Interior Steps Kitchen Island Open Floorplan Primary Bedroom on Main Recessed Lighting Walk-In Closet(s)
Flooring Carpet Tile Wood
Total Fireplaces 0
Window Features None
Total Bedrooms 0
Total Baths 0
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ExteriorExterior Amenities Private Yard
Fencing Back Yard Fenced Gate Privacy Wood
Parking Features Additional Parking Attached Door-Single Driveway Garage Garage Faces Front Inside Entrance Kitchen Level
Lot Features Back Yard Curbs Front Yard Private Xeriscape
Water Source Public
Total Parking 6
Foundation Details Slab
Lot Size Acres 0.1297
Waterfront Y/N N
Covered Spaces 2
Other Equipment Electric Dryer Hookup Washer Hookup
Horse Y/N N
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* Excluded FeaturesList ByYusuf JohnsonListing Agent
yjohnson@revelpg.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $6,313
- Monthly Property Taxes
- $1,918
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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 NearbyMulti-family listings in Austin, TX
Average List Price $727,695
Percent of Sale Price 27%
About Austin, TX 937,069 Population
36% Since 2002
$ 66,040 Median Income
34.22 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
4360729 Elementary School
4360250 Middle School
Eastside Early College High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/9/2026 | $999,800 | | Listed Price |
505 Kemp St, Austin, TX, 78741 is a Multi-Family Home for sale at $999,800 with 3,664 sqft and a lot size of 0.1297. 505 Kemp St is a studio with 0.0 baths and was built in 2020. The property's zip code is 78741 which is in Austin, TX