$7,921 Closing Credit¹
#7926266, Doreen Sidney, Listing Office: Teifke Real Estate
$545,000 List price
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
- Appliances: Other
- Flooring Type: See Remarks
- Interior: See Remarks
- Fireplace: Living Room
- Garage Space: 2 spaces
- Parking: See Remarks
- Waterfront: None
- View: Neighborhood
- Exterior: See Remarks
- Heating: Central
- Cooling: Central Air
- List Price: $545,000
- Price/SqFt: $58
- Annual Tax Amount: $8,295
- Tax Year: 2024
- Lot: Back Yard, Front Yard, Interior Lot, Trees, Few Trees
- 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 on Purple Sage.
- Year Built: 1974
- Stories: 1
- Living Area: 9,352 SqFt
- Lot Size: 0.215 Acres
- MLS Number: 4744957
- MLS Name: ACTRIS
- Office Name: Realty Of America, LLC
- Office Phone: (281) 861-6199
- Listing Agent: Nathan Clark
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.
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: 5/9/2025, 8:20:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$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
| Year | Assessment | Property 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.
Neighborhood
The neighbors living near this home have an average income of $47,692. Residents of Austin, TX typically earn between $35k-100k each year. The most common type of family is single, no kids. The majority of 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 Racing
Pro Boxing
Horse Races
Where do the neighbors shop?
Big Lots
Burlington
Stein Mart
Where do the neighbors go to eat?
Golden Corral
Popeyes
LongHorn Steakhouse
What do the neighbors drive?
Kia
Dodge
Buick
What do the neighbors listen to?
Adult Standards
Urban Contemporary
Contemporary 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.
While more than 136 listings in Austin, TX in April 2025 were sold above asking price, there were more than 135 listings sold at asking price, and more than 524 were sold below. The inventory of homes for sale in Austin, TX between March and April 2025 increased by 23.5%. Listings spent 48 days on the market in April 2025, and had a median list price of $577,195 during the same period.
From Rocket Homes Real Estate and based on county public records data.