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$752,000

NAL Estimated Property Value

1500 Summit ST 5, Austin, TX, 78741

Off MarketInfo
LeaseInfo
Beds3 Beds
Baths4 Bath
Baths2,515 Sq Ft
price_per_sqft$1.79 / sqft
Year BuiltBuilt in 2008

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesBuilt In Gas Range, Cooktop, Dishwasher, Disposal, Oven, Range, Refrigerator, Trash Compactor, Washer
FlooringConcrete, Tile, Wood

Exterior

Exterior FeaturesBalcony, Private Entrance
Lot Size2,653 sqft

Building Information

Year Built2008
Stories4
Roof Type112
Garage Spaces2

Land Information

APN03030516060000
Lot Number5
Subdivision1500 Summit Amended
Land UseResidential
Legal DescriptionUNT 5 BLD 2 1500 SUMMIT AMENDED PLUS 14.2857 % INT IN COM AREA
Census Tract001403
Assessed Land Value$212,126
Assessed Improvement Value$487,955
Assessment Year2025

About this property

1500 Summit #5 sits on the edge of 78741 in the Riverside pocket, less than 2 miles from downtown Austin with the Lady Bird Lake Trail right out the back door. Downtown is about 5 minutes by car, Rainey Street and the East Austin food scene are minutes away, ABIA is roughly 10 minutes south, Zilker Park about 10 minutes west, and The Domain around 20 minutes north outside of rush hour. This is one of the most extensively remodeled units in the complex. Three stories, three bedrooms, three full baths and a half bath, freshly repainted top to bottom and move-in ready. The standout feature is the private rooftop balcony with unobstructed downtown skyline views, the kind of outdoor space most rentals this close to downtown simply don't offer. Inside, smart home technology includes a SimpliSafe alarm system, smart thermostat, and motorized blackout shades in the primary suite. The kitchen anchors the main level with a large island and built-in gas range. The primary suite occupies its own floor on the third level for true separation, with two additional bedrooms below. That gives the layout real flexibility for a roommate setup, a guest room, or a work-from-home office without giving up your own space. The community is gated with 24-hour surveillance and secure automatic gate access, one of the few like it this close to downtown. Zoned to Travis Heights Elementary.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$857/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,527
$458,334
2025
$212,126
$487,955
$700,081
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,527
$458,334

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$752,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
N/A
+$2,088/mo
3.3%

City: Austin

1500 Summit ST 5 | Property Details | No Agent List