5 months on rocket

5501 Purple Sage Dr, Austin, TX, 78724

$573,000

Home List Price

$6,804*

Closing Credit

0 Baths
2,067 SqFt
$277/SqFt
Multi

Location

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5501 Purple Sage Dr, Austin$573,000

Buyer Closing Credits

$6,804*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingAttached, Driveway, Garage, Paved, Shared Driveway
Garage2 spaces
Year Built1974
HeatingCentral
CoolingCentral Air
WaterfrontNone
FireplaceLiving Room
ViewNeighborhood
MLS #1655348
Lot Size0.21 Acres
StatusActive

About 5501 Purple Sage Dr

Welcome to this exceptional duplex property, an ideal investment opportunity nestled in a prime location. This rare offering boasts two fully renovated and furnished units, catering perfectly to both investors and homeowners alike. The first unit is a spacious 3-bedroom, 2-bathroom residence, meticulously upgraded to offer modern comfort and style. It features a well-appointed kitchen, inviting living spaces, and direct access to a generous backyard, perfect for relaxation or entertaining guests. The second unit, a charming 2-bedroom, 2-bathroom home, mirrors the elegance of the first with its own set of amenities and a sprawling backyard space. Each unit promises privacy and comfort, making them equally appealing for short-term or long-term rental opportunities. This property's standout feature lies in its lack of rental restrictions, presenting an unparalleled advantage for those seeking flexibility in income generation strategies. Whether you're looking to capitalize on the booming short-term rental market or secure stable long-term tenants, this duplex offers the ideal platform. Don't miss out on this unique opportunity to own a versatile income-generating property in a highly sought-after neighborhood. Schedule your private viewing today and envision the potential this duplex holds for your investment portfolio or residential ambitions.

Property Details

Property Features

Property Information:

  • Year Built: 1974
  • Stories: 1
  • Living Area: 2,067 SqFt

Listing Office:

  • Office Name: Agency Texas Inc
  • Office Phone: (512) 355-0150
  • Listing Agent: Chase Jones

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Gas Water Heater, Oven, Refrigerator, Stainless Steel Appliance(s)
  • Flooring Type: Tile, Vinyl
  • Interior: Ceiling Fan(s), Eat-in Kitchen, High Ceilings, Main Level Primary, No Interior Steps, Quartz Counters, Soaking Tub
  • Fireplace: Living Room

Exterior Features

Exterior Information:

  • Waterfront: None
  • View: Neighborhood
  • Exterior: Private Yard

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Attached, Driveway, Garage, Paved, Shared Driveway

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard, Interior Lot, Trees, Few Trees
  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • 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.

Price Information

Listing Price Info

Price Summary:

  • List Price: $573,000
  • Price Per SqFt: $277/SqFt

Tax Information:

  • Annual Amount: $4,039
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Austin, TX.

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Austin, TX

City

Med. Sold Price

$567.4K

Med. Price/SqFt

$308

Avg. Days On Market

74

# of Sold Homes

602

5501 Purple Sage Dr vs Austin

169 DAYS ON ROCKET

+95 Days

$573,000

+$5.5K More

$277/SqFt

-$31 Less

KEY TAKEAWAY

This property is $5.5K more than the Median Sold Price and $31/SqFt less than other homes in Austin, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ACTRIS
  • MLS Number: #1655348

Listing Office:

  • Office Name: Agency Texas Inc
  • Office Phone: (512) 355-0150
  • Listing Agent: Chase Jones

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 2024 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.


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: 12/18/2024, 6:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$4,039$181,396
2019$3,890$181,396
2018$3,352$213,677
2017$3,181$151,420

History based on county public records data.

Payment Calculator

$2,927

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,784

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4427855
4
/10

  • Magnolia Montessori for All

  • 5100 Pecan Brook Dr

  • 0.49 miles

  • Public Charter Grades PK-6

school-card-donut-4427856
3
/10

  • John B. Winn Montessori Elementary School

  • 3500 Susquehanna Ln

  • 0.62 miles

  • Public District Grades EE-5

school-card-donut-4427857
4
/10

  • Barbara Jordan Elementary School

  • 6711 Johnny Morris Rd

  • 0.81 miles

  • Public District Grades EE-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

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

All data provided by Home Junction and Claritas

Rocket Homes›Texas›Travis County›Austin›78724›5501 Purple Sage Dr

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. It has been listed on Rocket Homes since July 01, 2024 and is currently priced at $573,000.

Over 59 listings were sold over their listed price in November 2024 in Austin, TX. In the same period over 446 listings were sold below the listed price and 96 listings were sold for the listed price. In November 2024 in Austin, TX there were 1.1% less homes for sale than in October 2024. In November 2024 median list price was $567,441 and the average listing age was 74 days.

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

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