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$375,000 Just Listed
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Property Description
Located on a prime corner lot in fast-growing Temple, Texas, this well-positioned duplex offers a standout opportunity for investors and house hackers alike. With both units currently vacant, buyers have the flexibility to place new tenants at market rents, move right into one side, or implement a value-add or short-term rental strategy. Each unit features three bedrooms and two bathrooms, providing spacious, functional layouts that appeal to a wide range of tenants. The privately fenced yards add strong lifestyle appeal-perfect for entertaining, grilling, or play. For investors, this property presents a clean slate to maximize cash flow in a market with strong housing demand. The flexible layout works well for short-, mid-, or long-term rental strategies, allowing you to tailor the property to your investment goals. For house hackers, live in one unit while renting the other to significantly offset your mortgage or create steady passive income-all while building equity. Situated in one of Central Texas' most active growth markets, this duplex blends immediate income potential with long-term appreciation, making it a smart addition to any real estate portfolio.
Full Property Details
Full Property Details for 504 Karey Dr
General
- Price: $375,000
- Taxes: $7,411 (2024)
- Status: Active
- Type: Duplex
- Source: Austin_MLS
- MLS ID: 1989243
- Updated: 2/6/2026
- Added to Site: 6 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Granite Counters, Main Level Primary
- Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
- Flooring: Concrete
Rooms
Other Rooms
- Laundry: In Unit, Washer Hookup, Dryer Hookup
Additional Information
- Shared Amenities: See Remarks
- Security/Safety: See Remarks
Exterior
- Exterior Features: Private Yard
- Porch/Patio/Deck: Rear Porch
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Total Spaces: 4
- Parking Features: Driveway, Garage, Garage Door Opener
Location
- Area: BT
- County: Bell
- Subdivision: Canyon Ridge Ph Ii
- Driving Directions: West on 190, South on S 5th St, Rt on Canyon Creek Dr, Left on Hartrick Bluff Rd, Left on Karey, Duplex is on your left on the corner.
- Direction Faces: South
School Information
- Elem School District: Temple ISD
- Midd School District: Temple ISD
- High School District: Temple ISD
- Elementary School: Raye-Allen
- Middle School: Travis
- High School: Temple
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Sewer Connected, See Remarks, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Brick
- Roof: Composition, Shingle
- Windows: Screens
- Stories/Levels: 1
- Square Feet: 2,632
- Sq. Ft. Source: Public Records
- Living Area: 2,632 Sq. Ft.
- Year Built: 2013
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: See Remarks
Lot Features
- Property View: Neighborhood
- Lot Size (Acres): 0.2086
- Lot Size (Sq. Ft.): 9,086.62
- Fence: Yes
- Lot Features: Corner Lot, Level, Sprinklers In Ground
- Fencing (Description): Wood
Green Features
- Energy Efficient: See Remarks
Financial Considerations
- Assessment Amount: $351,534
- Tax Amount: $7,411.9
- Tax Year: 2024
- Terms: Cash, Conventional, FHA, VA Loan
- Owner Pays: See Remarks
Disclosures and Reports
- Special Conditions: See Remarks
- Documents Avail.: See Remarks
- Legal Description: CANYON RIDGE PHASE II, BLOCK 012, LOT 0015
- Disclosures/Reports: See Remarks
- Property ID: 67758304300
- Block: 12
- Lot Number: 15
Listed by Compass RE Texas, LLC
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Schools
Schools serving 504 Karey Dr
School District:Temple Independent School District
| Name | Grades | Distance |
|---|---|---|
Raye-Allen Elementary School 5015 South 5th Street, Temple, TX 76502 | PK-5 | 0.5 mi |
Thornton Elementary School, Temple, TX 2825 Cottonwood Lane, Temple, TX 76502 | PK-5 | 1.8 mi |
Travis Science Academy 1551 South 25th Street, Temple, TX 76504 | 6-8 | 2 mi |
Temple High School 415 North 31st Street, Temple, TX 76504 | 9-12 | 3.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 504 Karey Dr
Date
Details
Price
Change
Source
2/06/2026
Listed
$375,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 504 Karey Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,139
-11%
$302,000
-7%
2023
$8,060
—
$323,285
-8%
2023
$8,060
11%
$351,534
16%
2022
$7,240
41%
$302,376
48%
2021
$5,152
3%
$205,000
6%
2020
$4,985
-5%
$194,292
—
2019
$5,235
-2%
$195,118
—
2018
$5,333
-1%
$195,118
—
2017
$5,378
1%
$195,118
—
2016
$5,342
10%
$195,118
8%
2015
$4,852
2%
$181,255
—
2014
$4,768
1290%
$181,255
1291%
2013
$343
—
$13,035
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 504 Karey Dr
504 Karey Drive, Temple, TX 76502 (MLS# 1989243) is a Duplex property with 0 bedrooms and 0 full bathrooms. 504 Karey Drive is currently listed for $375,000 and was received on February 06, 2026. Want to learn more about 504 Karey Drive? Do you have questions about finding other Duplex real estate for sale in Temple? You can browse all Temple real estate or contact a Coldwell Banker agent to request more information.

