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.
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 Provided Courtesy of Compass RE Texas, LLC
Property Details
Price:
$375,000
MLS #:
1989243
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Duplex
Subdivision:
Canyon Ridge Ph Ii
Listed Date:
Feb 6, 2026
Finished Sq Ft:
2,632
Lot Size:
9,087 sqft / 0.21 acres (approx)
Year Built:
2013
See this Listing
Schools
School District:
Temple ISD
Elementary School:
Raye-Allen
Middle School:
Travis
High School:
Temple
Interior
Appliances
Dishwasher, Electric Range, Microwave, Refrigerator
Cooling
Central Air
Flooring
Concrete
Heating
Central
Exterior
Community Features
See Remarks
Exterior Features
Private Yard
Other Structures
See Remarks
Parking Features
Driveway, Garage, Garage Door Opener
Roof
Composition, Shingle
Financial
Taxes
$7,412
Map
Community
- Address504 Karey DR Temple TX
- SubdivisionCanyon Ridge Ph Ii
- CityTemple
- CountyBell
- Zip Code76502
Subdivisions in Temple
- 32 Acres
- A Duggins 49
- A0329BC – S FRAZIER
- A0381BC J HOBSON, ACRES 11.022
- A0442BC M HUNT,
- A0606BC L MOORE
- Alta Vista Ii
- Alta Vista Ph Iii
- ALTA VISTA PHASE III
- Anderson Place
- Apple Cider
- Atascosa Estates
- B Strunk
- Barnes Add
- Bella Terra Ph I
- Bella Terra Ph II
- Bella Terra Phase II
- Bellaire 1st Ext
- Bird Creek P U D Sub
- BIRD CREEK VALLEY PHASE I
- Briar Crest
- C Rooney Surv Abs #688
- Canyon Creek Ph I
- Canyon Creek Ph Ii
- CANYON CREEK WEST
- Carriage House Trail
- Carriage House Trails Ph I
- Cliffs Of Canyon Creek Ph I
- Cliffs Of Canyon Creek Ph V
- Cole & Talleys Fullview Add
- County View
- County View Addition Phase Ii
- CRESTVIEW
- Crestview Heights Rep
- Deer Grove
- E E Nettles Add
- Echo Vista Add
- Eugenia Terrace
- Forest Hills
- Freedom Village
- Freeman Heights
- Friars Creek Landing
- Fryers Creek Comm Sub
- Glendale Add Amd
- Harris Bluff
- Hartrick Bluff Dev
- Hawkes Add
- Hickory Heights
- Hills Of Westwood Ph Iii
- Hills Of Westwood Ph Ix
- Hospital Heights
- Hunt
- J Hobson
- J R Ranchettes Ph Ii
- Jackson Park Manor
- Jefferson Manor
- Knob Crk Ranch
- L Moore
- L R Taylor Add
- Lake Pointe Terrace Add Ph 1
- Lake Pointe Terrace Ph Iii
- Lakeaire Section II
- Landing/Heritage Oaks
- Las Colinas Sub
- Ledger Add
- Liberty Hill Ph Iii
- Loop 363 Comm Subdivisio
- Marland Wood 1st Unit
- Maximo Moreno 11 League Grant
- Meadow Oaks West
- Mokum Ranch
- Monte Verde
- Monte Verde Phase II
- Moore’s Knight
- MR ROOTER ADDITION
- Nathans Add
- North Gate Ph III
- North Lake Estates
- North Park
- Northwest Hills 1st Ext
- Oak Creek West Sec Two
- Oak Rdg Ph 1
- Oak Ridge
- OAK RIDGE PHASE I
- Parklawn
- Parks at Westfield
- Patterson Add Ph One
- Pecan Creek South
- Pecan Valley
- Prairie Rdg Ph Ii
- Reserve/Pea Rdg Ph I
- Reserve/Pea Rdg Ph Ii
- Robertson
- S FRAZIER
- Sage Meadows Ph II
- Sage Meadows Ph Iii
- Sarahs Glen
- Shady Hill
- Skyline
- South Park
- South Pointe Ph I
- South Pointe Ph Ii
- Southern Oaks
- Stonebrook Estates
- Stonegate
- Stonegate Ii
- Stonegate Iii
- Tal-Coe Place
- Tanglewood
- Temple Dollar General
- Temple Original
- THE ENCLAVE AT LAKE BELTON PHASE II
- The Groves At Lakewo
- The Groves At Lakewood Ranch P
- The Meadows At Creekside Ph
- The Meadows Ph Iii
- The Oaks At Westwood Ph Iv
- The Plains At Riverside Ph
- The Terrace
- Trailwood
- Valley Ranch Add Ph I
- Village Of Sage Meadows Ph
- Villages Of Westfield Phase II
- Waco Road West Sub
- Waters Xing
- Watters
- Wendy Oaks
- West Gate Add Second Unit
- West Side Add
- Western Hills
- Western Hills 7th Ext Rep
- Westfield Dev Ph Xiii
- Wildflower Country Club Club C
- Wildflower Country Club Ph
- Wildflower Country Club Pt T
- Wildflower Meadows Ph 1
- Willow Glenn
- Windmill Farms Ph Ii
- Woodlawn Park
- Wyndham Hill Add Ph V
Market Summary
Current real estate data for Multi Family in Temple as of Mar 07, 2026
5
Multi Family Listed
125
Avg DOM
121
Avg $ / SqFt
$237,960
Avg List Price
Property Summary
- Located in the Canyon Ridge Ph Ii subdivision, 504 Karey DR Temple TX is a Multi Family for sale in Temple, TX, 76502. It is listed for $375,000 To schedule a showing of MLS#1989243 at 504 Karey DR in Temple, TX, contact your Ensor & Co., Realtors agent at 512-640-9277.
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504 Karey DR
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