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$1,678,000

1510 Palma PLZ A, Austin, TX, 78703

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,578 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$639.45 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Electric Oven, Refrigerator, Stainless Steel Appliance(s), Tankless Water Heater
FlooringConcrete, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesGas Grill, Private Yard
Lot Size8,843 sqft

Building Information

Year Built2021
Stories3
Garage Spaces1

Land Information

APN01100123020000
Subdivision1510 Palma Plaza Condominiums
Land UseResidential
Legal Description1510 PALMA PLAZA CONDOMINIUMS UNT A PLUS 46.00 % INT IN COM AREA
Census Tract001605
Assessed Land Value$379,500
Assessed Improvement Value$871,661
Assessment Year2025

About this property

**SELLERS OFFERING UP TO $25,000 TO GO TOWARDS POINTS OR CLOSING COSTS** CHECK OUT THIS LOCATION! Minutes to downtown, the Capitol, Lady Bird Lake, Congress, Lamar, Zilker, all of it. Walk to restaurants on West Lynn or 6th Street. Take in some fresh air in the Palma Plaza Triangle Park right across the street. Headed farther away? You can access Mopac and I35 in minutes. Condo that lives more like a single family residence with a private driveway, entrance, and backyard. NO HOA FEES! While at your new home, enjoy the open and bright living, kitchen and dining area. First floor also includes a private office nook. The primary suite has a large walk-in closet and a soaking tub and separate shower surrounded by floor-to-ceiling tile. This house also includes a loft that could be used as an office or game room. Entertain friends and family in your large backyard that has a full outdoor kitchen with a gas grill, mini-fridge, and sink. This house is also filled with ample storage, especially for this part of town, with closets in various places throughout the house.

Investor Tools

Property Icon
$1,678,000
Estimated Property Value
$0Estimated Mortgage Balance
$369,363Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,068 /month
Positive
Cash Flow Estimate:
$3,356 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,938/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$26,862
$1,251,161
2025
$379,500
$871,661
$1,251,161
No

Tax History

Year
Tax Paid
Assessed Value
2024
$26,862
$1,251,161

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Unknown
$1,372,750
No
First
Feb 2, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,308,637
$369,363
22%
78%
$7,786/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,200/mo
$7,786/mo
$-5,586/mo
1.6%

Learn About the Market: Opportunity in Austin

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Austin

Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.

From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.4%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$555,300

Unemployment Rate

Unemployment Rate

3.20%

Price Trend

Price Trend

~0.4% YoY growth

New Permits

New Permits

2,269 units

City: Austin

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1510 Palma PLZ A | Property Details | No Agent List