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Temple · Canyon Ridge Ph Ii

$335,000 92 days on market

Reduced from $375,000 · −10.7%

504 Karey Dr #A & B, Temple, TX 76502

  • 6bedrooms
  • 4bathrooms
  • 2,632sqft
  • 0.21acres
  • 2013year built

About this home

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.

Property

Type
Single Family Residence
Levels
One
Year built
2013
Lot size
0.21 acres
Subdivision
Canyon Ridge Ph Ii
MLS #
ACT2189389

Inside

Bedrooms
6
Bathrooms
4
Living area
2,632 sqft

Outside / parking

Garage spaces
2

Schools

Elementary
Raye-Allen
High school
Temple
District
Temple ISD

Costs

Est. annual taxes
$7,200 (2025)

Listing

First listed
Feb 5, 2026
Days listed
92
Original price
$375,000
Status
Active

Listed by Barbie Bowen, Compass RE Texas, LLC · [email protected] · MLS# ACT2189389 · Active

Estimate your monthly payment

Loan

Down payment
%
0%10%20%30%40%50%
Loan term
Interest rate (%)
3%5%7%9%

Yearly costs

Monthly payment

$0

Total monthly

Principal & interest
$0
Property tax
$0
Insurance
$0
HOA
$0
Loan amount
$0

Estimate only. Tax / insurance defaults are typical Texas figures; your actual numbers will vary. Talk with a lender for a real quote — I can refer you to one I trust.

Where this home sits

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