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505 Kemp St, Austin, TX 78741

$999,800
  • 505 Kemp St, Austin, TX 78741 Main Photo

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Active
BEDS0 BATHS SQUARE FEET3,664 MLS#3442327
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONMontopolis SCHOOLAustin ISD

Property Description

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.

505 Kemp St | MLS# 3442327

This multi-family property located at 505 Kemp St, Austin, TX 78741 is currently listed for sale with an asking price of $999,800. Kemp St is located within the Austin ISD school district. Search Austin real estate on www.rmcapitalcity.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Ceiling Fan(s), Central Air
Fenced: Yes
Garage: 2 car attached
Heating: Central
Lot Size: 0.13 Acres
Roof Type: Composition
Stories: 2.0
Taxes: $23,014
Year Built: 2020

Amenities

Breakfast Bar
Ceiling Fan(s)
High Ceilings
Quartz Counters
Electric Dryer Hookup
Eat-in Kitchen
Interior Steps
Kitchen Island
Open Floorplan
Primary Bedroom on Main
Recessed Lighting
Walk-In Closet(s)
Washer Hookup
Private Yard

Feature Descriptions

Appliances: Dishwasher, Disposal, Microwave, Gas Oven, Free-Standing Gas Range, Stainless Steel Appliance(s)
Area #: 9
Community Features: BBQ Pit/Grill, Park, Picnic Area, Playground
Days on Site: 7
Exterior: HardiPlank Type, Board & Batten Siding
Fencimg: Back Yard, Fenced, Gate, Privacy, Wood
Flood Plain: No
Flooring: Carpet, Tile, Wood
Laundry: Electric Dryer Hookup, Washer Hookup
Lot: Back Yard, Curbs, Front Yard, Private, Xeriscape
Other Equipment: Electric Dryer Hookup, Washer Hookup
Parcel#: 03041609020000&03041609030000
Parking: Additional Parking, Attached, Door-Single, Driveway, Garage, Garage Faces Front, Inside Entrance, Kitchen Level
Parking Notes: Additional Parking, Attached, Door-Single, Driveway, G
Patio/Porch: Covered, Rear Porch
Pets Allowed: Negotiable
Restrictions: Deed Restrictions
Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer: Public Sewer
Utilities: Electricity Available, Internet-Cable, Natural Gas Available, Sewer Available, Water Available
Water: Public

Local Schools

High School: Eastside Early College
Middle School: Lively
Elementary School: Allison
School District: Austin ISD

Listed By / Shown By

Listed By

Agency Name: eXp Realty, LLC
Agency Contact: (512) 522-3978

Shown By

Agency Title: Realty Capital City
Agency Phone: 512-744-4600

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Estimated Payment

$ 4,434.56 per month $2,225.12 Principal & Interest $1,917.83 Property Tax $291.61 Homeowner's Insurance

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