| Sqft | 3,664 |
|---|---|
| Acres | 0.13 |
| Property Type | Residential Income |
| Heating | Central |
| Parking | Additional Parking, Attached, Door-Single, Driveway, Garage Faces Front, Garage, Inside Entrance, Kitchen Level |
| Year Built | 2020 |
| Stories | 2 |
| Cooling | Central Air, Ceiling Fan(s) |
| Days on Market | 94 |
| Garages | 2 |
About 505 Kemp St
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.
Location
| Legal Description | UNT A & B 505 KEMP CONDOMINIUMS PLUS 50.0 % INT IN COM AREA |
|---|---|
| Address | 505 Kemp St |
| County | Travis |
| City | Austin |
| Zip Code | 78741 |
| Subdivision | Montopolis |
| School District | Austin ISD |
| MLS Area | 9 |
Size and Restrictions
| Acres | 0.13 |
|---|---|
| Lot Description | Back Yard, Front Yard, Private, Xeriscape |
| Horses Allowed | No |
| $/Acre | $7,708,558 |
Improvements
| Parking | Additional Parking, Attached, Door-Single, Driveway, Garage Faces Front, Garage, Inside Entrance, Kitchen Level |
|---|---|
| Garage Spaces | 2 |
| Fence | Back Yard, Fenced, Gate, Privacy, Wood |
| Exterior Features | Private Yard |
Features
| View | None |
|---|---|
| Water Access | None |
Utilities
| Water | Public |
|---|---|
| Utilities | Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Sewer Available, See Remarks, Water Available |
Amenities
| Area Amenities | Barbecue, Playground, Park, Trails/Paths, Curbs |
|---|
Beds and Baths
| Primary on Main | Yes |
|---|
Other Rooms
| Other Rooms | Bathroom, Bonus Room, Bedroom, Dining Room, Kitchen, Living Room, Primary Bathroom, Primary Bedroom |
|---|---|
| Kitchen Appliances | Dishwasher, Free-Standing Gas Range, Disposal, Gas Oven, Microwave, Stainless Steel Appliance(s) |
| Laundry Facilities | Inside, Lower Level, Washer Hookup, Electric Dryer Hookup |
Heating and Cooling
| Heating | Central |
|---|---|
| Air Conditioning | Central Air, Ceiling Fan(s) |
Interior Features
| Flooring | Carpet, Tile, Wood |
|---|---|
| Features | Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, High Ceilings, Interior Steps, Kitchen Island, Main Level Primary, Open Floorplan, Quartz Counters, Recessed Lighting, Walk-In Closet(s) |
| Disability | None |
Building Information
| Square Feet | 3,664 |
|---|---|
| Year Built | 2020 |
| # of Stories | 2 |
| Building Faces | Northwest |
| Construction | Board & Batten Siding, HardiPlank Type |
| Foundation | Slab |
| Roof | Composition |
Property Features
| Exterior Features | Private Yard |
|---|
Garage and Parking
| Garage | Yes - 2 Spaces |
|---|---|
| Parking | Additional Parking, Attached, Door-Single, Driveway, Garage Faces Front, Garage, Inside Entrance, Kitchen Level |
Financial
| $/Sq Ft | $273 |
|---|---|
| $/Acre | $7,708,558 |
| $/Unit | $499,900 |
| Special Conditions | DeedRestrictions |
| Documents Available | None |
| Disclosures | None |
Property Taxes
| Appraisal District | Travis |
|---|---|
| Estimated Taxes | $23,015 |
| Tax ID | 03041609020000&03041609030000 |
| Tax Year | 2026 |
Homeowner Association
| Has HOA | No |
|---|
Listing Details
| Office | eXp Realty, LLC |
|---|---|
| Contact Info | (512) 522-3978 |