Renovated Duplex with Income Potential in La Cima

USD $455,000
5501 Purple Sage Drive, Austin, Texas, 78724, USA

Property Highlights

  • Renovated duplex with fully furnished units
  • Successful short-term rental income potential
  • Modern finishes and recent upgrades
  • Located across from LBJ High School fields
  • Close to Walnut Creek Greenbelt and trails
  • Easy access to highways and downtown Austin

Overview

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!
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Property Features

5501 Purple Sage Drive, Austin, Texas, 78724, USA offers the following features:

Bedrooms: 5
Bathrooms: 4 Full
Living Area: 2067sf
Property Type: Residential Multi Family
Status: Pending
Reference ID: 6889885

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