505 Kemp St, Austin, TX 78741

$999,800
3,664
SqFt

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List Price
$999,800
Status
ACTIVE
MLS#
3442327
Days on Market
20
Living Area
3,664
Lot Size
5,649
Area
Austin - Southeast

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.

Additional Information

Taxes
$23,014
Tax Year
2026
Year Built
2020
Garage Spaces
2
Parking Spaces
6
Exterior Features
Private Yard
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)
Roof
Composition
Appliances
Dishwasher, Disposal, Microwave, Gas Oven, Free-Standing Gas Range, Stainless Steel Appliance(s)
Construction
HardiPlank Type, Board & Batten Siding
Region
Austin - Southeast
View
No View
School District
Austin ISD
Elementary School
Allison
High School
Eastside Early College
Middle School
Lively
Sewer
Public Sewer
Stories
2
Street Name
Kemp St
Street Number
505
Neighborhood
Montopolis
Water
Public
Acres
0.13
County
Travis
Floor
Carpet, Tile, Wood
Heating
Central
Lot Description
Back Yard, Curbs, Front Yard, Private, Xeriscape

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Listing courtesy of eXp Realty, LLC. Contact: (512) 522-3978

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