505 Kemp ST
Under ContractAustin, TX 78741
eXp Realty, LLC · MLS# 3442327 · Under Contract
$999,800
$273/sqft
Beds
0
Baths
0
Sq Ft
3,664
Acres
0.1297
Built
2020
Type
Duplex
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.
Interior
- Features
- 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)
- Appliances
- Dishwasher, Disposal, Microwave, Gas Oven, Free-Standing Gas Range, Stainless Steel Appliance(s)
- Flooring
- Carpet, Tile, Wood
- Cooling
- Ceiling Fan(s), Central Air
- Heating
- Central
- Levels
- Two
Exterior & Lot
- Exterior
- Private Yard
- Lot
- Back Yard, Curbs, Front Yard, Private, Xeriscape
- Parking
- Additional Parking, Attached, Door-Single, Driveway, Garage, Garage Faces Front, Inside Entrance, Kitchen Level
- Garage spaces
- 2
- Covered spaces
- 2
- Fencing
- Back Yard, Fenced, Gate, Privacy, Wood
- Condition
- Resale
Community & Schools
- Community
- BBQ Pit/Grill, Park, Picnic Area, Playground, Trail(s)
- Elementary
- Allison
- Middle
- Lively
- High school
- Eastside Early College
- District
- Austin ISD
Location
505 Kemp ST · Austin, TX 78741
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$999,800
505 Kemp ST