$545,000

5501 Purple Sage Dr Austin, TX 78724

$6,472
Closing credit¹
0 beds
9,352 sqft
0.2 acres
$58 / sqft
Multi-Family

Property details

About 5501 Purple Sage Dr

Calling all investors!!! This renovated duplex is in the prime (yet still affordable) pocket east of University Hills. With great proximity to 183 and HWY 290 you're only 20 minutes from downtown with easy access to the airport and all parts north and south of Austin. The duplex features a 3 bed/2 bath unit and a 2 bed/2 bath unit that are both fully furnished and currently being used as Short-Term Rentals; the incoming buyer could easily continue to rent or move in to one side and rent the other side to significantly cut their living costs. Enjoy modern finishes and repairs that the current owner has already taken care of- all you need to do is pack your clothes! Located in the established La Cima neighborhood, 5501 Purple Sage is located directly across from LBJ High School's football and baseball fields, so you're looking at open space rather than houses. La Cima backs up to the Walnut Creek Greenbelt and Hike and Bike Trail meaning you're only a minute from a perfect space to get out in nature- dog lovers rejoice! Don't miss this opportunity to own your own home and generate income at the same time. Schedule your showing today!

Highlights

Home typeDuplex
HeatingCentral
StatusActive
CoolingCentral Air
Size9,352 sqft
Lot size0.215 Acres
Year built1974
ParkingSee Remarks
MLS #4744957
Garage2 spaces
FireplaceLiving Room
ViewNeighborhood

Summary

  • MLS Number: 4744957
  • MLS Name: ACTRIS
  • Office Name: Realty Of America, LLC
  • Office Phone: (281) 861-6199
  • Listing Agent: Nathan Clark

IDX Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

Copyright 2025 Unlock MLS and Austin Central Texas Realty Information Services, Inc.

IDX Listings courtesy of Unlock MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 4/19/2025, 2:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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ranch-style home with a garage

$545,000

5501 Purple Sage Dr

$6,472

closing credit¹

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$546,691$8,295
2023$518,173$8,295
2022$455,154$8,295
2021$315,445$4,039
2019$181,396$3,890
2018$213,677$3,352
2017$151,420$3,181

History based on county public records data.

Nearby schools

5

Magnolia Montessori for All

Public Charter PK-6

0.5 mi

5100 Pecan Brook Dr

1

John B. Winn Montessori Elementary School

Public District EE-5

0.6 mi

3500 Susquehanna Ln

2

Barbara Jordan Elementary School

Public District EE-5

0.8 mi

6711 Johnny Morris Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $47,692. The most common annual income of people living in Austin, TX is between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

How much money do the neighbors make?

28%
<35k
68%
35k-100k
3%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

36%
Single, No Kids
21%
Single, with Kids
21%
Married, No Kids
22%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
10%
12-17 yrs old
24%
18-34 yrs old
34%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • NHRA Drag RacingNHRA Drag Racing
  • Pro BoxingPro Boxing
  • Horse RacesHorse Races

Where do the neighbors shop?

  • Big LotsBig Lots
  • BurlingtonBurlington
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Golden CorralGolden Corral
  • PopeyesPopeyes
  • LongHorn SteakhouseLongHorn Steakhouse

What do the neighbors drive?

  • KiaKia
  • DodgeDodge
  • BuickBuick

What do the neighbors listen to?

  • Adult StandardsAdult Standards
  • Urban ContemporaryUrban Contemporary
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 5501 Purple Sage Dr in Austin, TX and zip code 78724 in the Las Cimas neighborhood. This 9,352 square foot home, which was built in 1974, sits on a 0.21 acre lot. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since February 5, 2025 and is currently priced at $545,000.

In March 2025 more than 115 listings in Austin, TX were sold above the asking price. During the same period more than 139 listings were sold at asking price, while more than 529 were sold below. The number of homes for sale in Austin, TX increased by 28.6% between February and March 2025. Listings spent 67 days on the market in March 2025, and had a median list price of $577,151 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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