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$545,000

5501 Purple Sage Dr Austin, TX 78724

0 beds
2,067 sqft
0.2 acres
$264 / 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
Size2,067 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: $263
  • 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: 2,067 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

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.

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Last updated on: 7/24/2025, 9:45:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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. Residents of Austin, TX typically earn between $35k-100k each year. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

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

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Frequently asked questions

About 5501 Purple Sage Dr

The listing price of 5501 Purple Sage Dr property is $545,000.

The property 5501 Purple Sage Dr is a multi located in Austin, Texas, 78724.

Active Listing: 5501 Purple Sage Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 5501 Purple Sage Dr are: Magnolia Montessori for All (GreatSchools Rating 5/10), John B. Winn Montessori Elementary School (GreatSchools Rating 1/10), Barbara Jordan Elementary School (GreatSchools Rating 2/10), Garcia Ymla (GreatSchools Rating 3/10), Austin Achieve Middle School (GreatSchools Rating 2/10), Sadler Means Ywla (GreatSchools Rating 2/10), LBJ Early College High School (GreatSchools Rating 2/10), Lasa High School (GreatSchools Rating 9/10), Texas Empowerment Academy (GreatSchools Rating 6/10).

According to the records, the last property tax for 2024 is $8,295 (source: MLS/based on county public records data).

The property 5501 Purple Sage Dr is 2,067 SqFt (source: MLS/tax record).

The year of construction for 5501 Purple Sage Dr is 1974.

This home is located at 5501 Purple Sage Dr in Austin, TX and zip code 78724 in the Las Cimas neighborhood. This 2,067 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 June 2025, from all listings sold in Austin, TX there were more than 108 sold above asking price, over 635 sold below and more than 149 were sold right at the asked price. The number of homes for sale in Austin, TX increased by 7.4% between May and June 2025. The median list price of listings available in June 2025 was $575,928, while the average time on the real estate market was 51 days.

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

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