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This property has sold on December 11, 2025. Looking for something similar? Contact us or browse available homes.

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$455,000
last listedWhy you're seeing this property: Unlike major portals that hide off-market listings, we maintain the most comprehensive Austin property database. View market history, neighborhood data, and discover similar homes currently for sale. #1 Austin Realtor Team 2024.
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!
Property Type
Residential Income
Year Built
1974
Lot Size
0.21 acres
$/Sq Ft
$220
Listed by Spyglass Realty
Verified property facts
5501 Purple Sage Dr is listed at $455,000 with 0 bedrooms, 2,067 square feet, 0.21-acre lot. This places it above the 78724 median of $346,450.
5501 Purple Sage Dr is zoned for Austin ISD with assigned schools: Jordan (2/10) (elementary), Dobie (Austin ISD) (middle), Lyndon B Johnson (Austin ISD) (high). School assignments should be verified directly with the district.
5501 Purple Sage Dr is a Residential Income built in 1974 featuring 0 bedrooms, 2,067 square feet, 0.21-acre lot.
5501 Purple Sage Dr is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
With 20% down ($91,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 5501 Purple Sage Dr is around $3,195 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
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Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in Las Cimas Sec 01
Property Details
Listing timeline with current price, original ask, and market time.

Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($91K)
$455,000
Luxury property intelligence
A sourced read on Las Cimas Sec 01 pricing, timing, and property scale. No automated valuation claim.
List price
$455,000
Price per sqft
$220/sqft
Vs. Las Cimas Sec 01 median
Not available
Days on market
235 days
Original to current
$40K reduction
$495K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Apr 25, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
At $455,000, 5501 Purple Sage Dr is in the Las Cimas Sec 01 market where there are currently 65 active listings in 78724. The Keenan Group has completed 1 transactions in 78724 as part of 1,000+ career sales totaling $1B+ across Austin.
5501 Purple Sage Dr was built in 1974 (52 years ago). Buyers should budget for potential updates to major systems.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Active listings near 5501 Purple Sage Dr
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