504 Karey Dr

2,632 Sq. Ft.
$142 / Sq. Ft.
2,632
Sq. Ft.
$142
per Sq. Ft.

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...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.

Listing Agent

  1. Barbie Bowen

    Barbie Bowen

    Listing Agent

    Compass

    TREC #0665527

    barbie.bowen@compass.com

    P: (512)-609-9211

Property Details for 504 Karey Drive

Subdivision Name
Canyon Ridge Ph Ii
Waterfront
No
Waterfront Description
None
Water Access Description
Public
View
Neighborhood
Pets Allowed
CatsOk, DogsOk
Parcel Number
067758304300
Tax Lot
15
LISTING UPDATED: 02/07/2026 04:00 AM

Property Details for 504 Karey Drive

StatusActive
MLS #1989243
Days on Market1
Taxes$7,412 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built2013
Lot Size0.21 AC / 9,086 SF
CountyBell County
Add your commute

Building Information for 504 Karey Drive

Stories1Residences2Year Built2013Building Size-Lot Size0.21 AC / 9,086 SF

Payment Calculator

$2,445 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,828

Property Taxes

$618

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 504 Karey Drive

General Information
Parking
  • Garage Spaces: 2
  • Parking Total: 4
  • Parking Features: Driveway, Garage, Garage Door Opener
  • Garage: Yes
  • Covered Spaces: 2
Interior
  • Interior Features: Ceiling Fan(s), Granite Counters, Main Level Master
  • Flooring: Concrete
  • Appliances: Dishwasher, ElectricRange, Microwave, Refrigerator
  • Fireplace: No
  • Fireplaces Total: 0
  • Laundry Features: InUnit, WasherHookup, DryerHookup
  • Restrictions: SeeRemarks
Exterior
  • Exterior Features: Private Yard
  • New Construction: No
  • Construction Materials: Brick
  • Foundation Details: Slab
  • Patio And Porch Features: Rear Porch
  • Roof: Composition, Shingle
  • Fencing: Wood
  • Direction Faces: South
  • Window Features: Screens
  • Accessibility Features: See Remarks
  • Community Features: See Remarks
Property Information
Lot Information
  • FEMA Flood Plain: See Remarks
  • Lot Features: Corner Lot, Level, Sprinklers In Ground
  • Horse: No
Utilities
  • Cooling YN: Yes
  • Cooling: Central Air
  • Heating YN: Yes
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, See Remarks, Water Connected
  • Owner Pays: SeeRemarks
Green Features
  • Green Energy Efficient: SeeRemarks
Unit Information
Unit 1
  • UnitNum: A
  • BedsTotal: 3
  • NumFullBaths: 2
  • NumHalfBaths: 0
  • BathsTotal: 2
  • Furnished: Unfurnished
  • ActualRent: $1,450.00
  • LeasedYN: No
  • OccupantType: Vacant
  • PetDeposit: $.00
  • PetDepositPerPetYN: No
  • Deposit: $1,450.00
  • MonthToMonthYN: No
  • FireplaceYN: No
  • Permission: IDX
Unit 2
  • UnitNum: B
  • BedsTotal: 3
  • NumFullBaths: 2
  • NumHalfBaths: 0
  • BathsTotal: 2
  • Furnished: Unfurnished
  • ActualRent: $1,500.00
  • LeasedYN: No
  • OccupantType: Vacant
  • PetDeposit: $.00
  • PetDepositPerPetYN: No
  • Deposit: $1,500.00
  • MonthToMonthYN: No
  • FireplaceYN: No
  • Permission: IDX
Unit Information
  • Number Of Units Total: 2
Financial Information
Taxes and HOA Information
  • Association: No
  • Tax Assessed Value: $351,534
  • Additional Parcels: No
  • Tax Year: 2024
  • Tax Rate: 1.79%
Showing Information
Showing Information
  • Security Features: See Remarks
  • 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.

Property History for 504 Karey Drive

DateEvent & SourcePriceAppreciation
Feb 6, 2026

Listed (Active)

ACTRIS #1989243

$375,000
Oct 6, 2024

Expired

ACTRIS #8172593

$394,800
Jul 19, 2024

Listed (Active)

ACTRIS #8172593

$394,800
DateEvent & SourcePrice
02/06/2026

Listed (Active)

ACTRIS #1989243

$375,000
10/06/2024

Expired

ACTRIS #8172593

$394,800
07/19/2024

Listed (Active)

ACTRIS #8172593

$394,800

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 504 Karey Drive

Taxable ValueLand$40,000Additions$262,000Total$302,000
Tax Record2024$7,139 ($595 / month)
Home Facts
Total Finished SqFt2,632 SqFtAbove Grade Finished SqFt2,632 SqFtStories1Lot Size9,087 SqFtStyleDuplexYear Built2013CountyBELLAPN443991

Schools near 504 Karey Drive

This home is within Temple Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 8 to 12
Public - 9 to 12
Rating
School
Distance
Raye-Allen Elementary School
PublicPK to 5

Travis Science Academy
Public6 to 8

Temple High School
Public8 to 12

Fred W Edwards Academy Aec
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

504 Karey Drive is a multi-family home for sale in Temple, TX 76502. This property was listed for sale on February 6, 2026 by Compass, it's currently listed at $375,000. This listing's school district is Temple Independent School District. Nearby schools include Raye-Allen Elementary School, Travis Science Academy and Temple High School. 504 Karey Drive is a 6-bed, 4-bath, 2,632 sqft multi-family home built in 2013.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2026 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2026] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.