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

6beds
4baths
2,632sqft
$335,000
$127price/sqft
$2,535/moest. monthly cost
$101,400/yrincome needed

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.

Getting Around

17
WalkingCar-Dependent
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

3/10
5/10
Travis Science AcademyGrades 6-82.0 mi
3/10
Temple High SchoolGrades 8-123.6 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 2013

Materials

  • Foundation: Slab
  • Roof: Composition

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Disposal,Microwave,Electric Oven,Refrigerator

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4
  • Full bathrooms: 4
  • Main level bedrooms: 6

Features

  • Ceiling Fan(s),High Ceilings,Granite Counters,Double Vanity,No Interior Steps,Open Floorplan,Pantry,Primary Bedroom on Main
  • Window features: Double Pane Windows
  • Flooring: Concrete,Tile

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 2,632 sqft

Property

Accessibility

  • Accessibility features: See Remarks

Details

  • Parcel number: 0677583043
  • Special condition: See Remarks

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: Front Porch,Side Porch
  • Exterior features: Private Yard
  • Fencing: Wood
  • Has view: Yes
  • View description: Neighborhood
  • Waterfront features: See Remarks

Lot

  • Lot size: 9,086 sqft
  • Features: See Remarks

Parking

  • Total spaces: 2
  • Parking features: Driveway,Garage,Garage Faces Front
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Hail
Lightning
Winter Weather
Heat Wave

FEMA Declared Disasters Across Texas Counties

Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,693$20,316
Home Insurance *$216$2,592
Property Taxes $337$4,044
Electricity $289$3,468
Total$2,535$30,420
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$86,914/yr
40% on housing$76,050/yr
45% on housing$67,600/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.8%
6.8%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: -1.1%
-1.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$127This listing

vs Other Active Listings

Avg $/sqft

ZIP 76502$143
Bell County$154

vs Homes Sold Last Month

Median $/sqft

ZIP 76502$159
Bell County$145

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-13Price change$320,000
2026-04-28Price change$335,000
2026-03-20Price change$350,000
2026-02-05Listed for sale$375,000

For Sale by Agent

AgentBarbie Bowen
BrokerageCompass RE Texas, LLC

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