Under contract

$999,800

505 Kemp St
Austin, TX 78741

  • 0 beds
  • 0 baths
  • 3,664 sq ft
  • 0.13 acres

Listing courtesy of eXp Realty, LLC · (888) 519-7431 · MLS# 3442327 · Status: Active Under Contract

About this home

This contemporary duplex is sitting in one of those East Austin pockets that makes a lot of sense from both a lifestyle and investment standpoint. Set on Kemp Street in Montopolis, the location gives you that rare mix of city access and outdoor space, with Roy G. Guerrero Park right across the street for trails, disc golf, ball fields, river access, and Secret Beach. You can bike into the downtown hike-and-bike trail system or connect to Little Walnut Creek Trail for miles of exploring, all right from your front door. Even with all that green space nearby, you are still close to the good stuff. Downtown is about 5 minutes away via E Cesar Chavez, E 5th, or E 7th, the airport is about 4 minutes away, and you have easy access to 183, 290, and I-35. East Riverside, Lady Bird Lake, restaurants, breweries, etc. are all nearby, keeping the location incredibly convenient for tenants, owner-occupants, or anyone looking for a smart long-term hold in a growing East Austin pocket. Both units are identical, giving the property a clean, straightforward setup for leasing, house hacking, or holding long term. The property is currently vacant, offering immediate flexibility for the next owner to place tenants, set lease terms, explore owner-occupancy, or evaluate short-term and mid-term rental potential. Even better, each unit has a history of long-term rental use at $3,200 per month, creating potential monthly rental income of $6,400 for both units combined. Each unit offers 3 BD, 2.5 BA, a bonus loft area, an attached garage, and an open, flexible floorplan with modern finishes throughout. Each also includes a covered patio and fenced yard space, adding a private outdoor spot that brings real value for future tenants. Modern, clean, vacant, and incredibly well-positioned, this duplex brings the lifestyle appeal renters want and the long-game potential investors are looking for. Buyer to verify all info, including rental income, short-term rental use, permitting, and restrictions.

Description provided by the listing brokerage.

Facts

Property type
Residential Income · Duplex
Year built
2020
Lot size
0.13 acres
Living area
3,664 sq ft
Price per sq ft
$273
Garage
2 spaces
Annual taxes
$23,015
County
Travis
Neighborhood
Montopolis
School district
Austin ISD
Schools
Allison · Lively · Eastside Early College

Features

Roof
Composition
View
None
Sewer
Public Sewer
Levels
Two
Cooling
Ceiling Fan(s), Central Air
Fencing
Back Yard, Fenced, Gate, Privacy, Wood
Heating
Central
Flooring
Carpet, Tile, Wood
Utilities
Electricity Available, High Speed Internet, Natural Gas Available, Sewer Available, Water Available
Appliances
Dishwasher, Disposal, Microwave, Gas Oven, Free-Standing Gas Range, Stainless Steel Appliance(s)
Lot
Back Yard, Curbs, Front Yard, Private, Xeriscape
Pets
Negotiable
Water
Public
Pool
None
Windows
None
Parking
Additional Parking, Attached, Door-Single, Driveway, Garage, Garage Faces Front, Inside Entrance, Kitchen Level
Exterior
Private Yard
Interior
Breakfast Bar, Ceiling Fan(s), Ceiling-High, Quartz Counters, Eat-in Kitchen, Interior Steps, Kitchen Island, Open Floorplan, Primary Bedroom on Main, Recessed Lighting, Walk-In Closet(s)
Community
BBQ Pit/Grill, Park, Picnic Area, Playground, Trail(s)
Foundation
Slab
Waterfront
None
Energy efficiency
None
Accessibility
None
Construction
HardiPlank Type, Board & Batten Siding
Patio & porch
Covered, Rear Porch

Location

Listings courtesy of Unlock MLS as distributed by MLS GRID.

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