Active Listing  ·  72 days on market

5209 Purple Sage Dr

Austin, TX 78724
$509,000
5 Bed 5 Bath 2,192 sqft $232/sqft Built 1974 0.22 acres 2-Car Garage Pool LAS CIMAS SEC 1

Now available in Austin! This inviting duplex at 5209 Purple Sage Dr offers a comfortable layout, great natural light, and convenient access to everything Austin has to offer. Inside, you’ll find spacious living areas, a functional kitchen, comfortable bedrooms, and a layout designed for easy everyday living.

The property also offers private entry, parking, and outdoor space, making it a great fit for anyone looking for comfort and convenience in a well-connected Austin location. Close to shopping, dining, major roads, and local amenities, this home provides a great balance of neighborhood living and city access.

Don’t miss the opportunity to make this Austin duplex your next home — schedule a tour today!

At $232/sqft, this home is 41% below the Austin active market average of $393/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

5209 Purple Sage Dr, Austin, TX 78724

Property Details

Price $509,000
Status Active Listing
Beds 5
Full Baths 5
Half Baths ,
Living Area 2,192 sqft
Lot Size 0.22 acres (9,583.2 sqft)
Year Built 1974
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision LAS CIMAS SEC 1
County Travis
Zip Code 78724
$/sqft $232/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT239718255
List Date July 13, 2026
Elementary School Winn
Middle School Dobie (Austin ISD)
High School Lyndon B Johnson (Austin ISD)
School District ,

Luke Allen (TREC #788149) has deep knowledge of Austin and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

Schedule a Call →

Similar Homes on the Market in Austin

Comparable Listings Right Now

Homes currently for sale in Austin with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
7402 Bucknell Dr
University Hills Sec 04 Ph 03
$499,500 $301 4 bd / 2 ba 1,660 sqft , 2026-02-27
3100 Lynridge Dr
Vintage Hills Sec 04
$524,900 $249 4 bd / 2 ba 2,111 sqft , 2026-04-10
6205 Hylawn Dr
Cherrylawn Sec 5
$525,000 $265 4 bd / 3 ba 1,984 sqft , 2026-03-24
7500 Rio Pass
EAST CENTRAL AREA
$479,000 $230 5 bd / 3 ba 2,085 sqft , 2026-08-27
7102 Fred Morse Dr
Vintage Hills Sec 02
$475,000 $217 4 bd / 3 ba 2,184 sqft , 2026-08-18

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$2,443/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$101,800
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$2,443
Principal + Interest−$2,778
Property Tax (~2.1% TX avg)−$891
Insurance (~0.5%)−$212
Est. Monthly Cash Flow $-1,438

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Austin, TX

Austin sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on September 21, 2026.

📞 (254) 718-2567 [email protected] More about Luke →