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$1,676,000

1510 Palma PLZ B, Austin, TX, 78703

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,656 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$555.35 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListHigh 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, Electric Oven, Refrigerator, Stainless Steel Appliance(s), Tankless Water Heater, Water Heater
FlooringConcrete, Tile, Wood

Exterior

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

Building Information

Year Built2021
Stories3
Garage Spaces1

Land Information

APN01100123030000
Subdivision1510 Palma Plaza Condominiums
Land UseResidential
Legal Description1510 PALMA PLAZA CONDOMINIUMS UNT B PLUS 54.00 % INT IN COM AREA
Census Tract001605
Assessed Land Value$445,500
Assessed Improvement Value$893,904
Assessment Year2025

About this property

**NEW BUILD IN DOWNTOWN - WALK TO EVERYTHING! Single family attached. SELLER OFFERING UP TO $25,000 to buy down Buyer's interest rate! NO HOA FEES! Walk to the Capitol, all the great downtown restaurants, Lady Bird Lake, Congress, Lamar, Zilker, all the great places! Take in some fresh air in the Palma Plaza Triangle Park right across the street. Great access to Mopac and I35. Spacious living and dining area next to a gorgeous kitchen filled with stained custom cabinets and stainless steel appliances. You can also get some work done in your private office nook. The primary suite overlooks the park and consists of a dual vanity bathroom with floor-to-ceiling tile, a soaking tub, separate shower, and custom floating cabinets. Upstairs you’ll find a 3rd bedroom, loft/game room, full bath, and views of downtown. And don’t miss out on this backyard! Professionally landscaped with a full outdoor kitchen complete with a gas grill, mini-fridge, and sink. There’s also a bonus storage room on the back of the house and room for a small pool if desired.

Investor Tools

Property Icon
$1,676,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,053,347Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,056 /month
Positive
Cash Flow Estimate:
$3,352 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,010/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$27,745
$1,339,404
2025
$445,500
$893,904
$1,339,404
No

Tax History

Year
Tax Paid
Assessed Value
2024
$27,745
$1,339,404

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$630,000
No
First
Aug 27, 2025
Sep 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$622,653
$1,053,347
62%
37%
$3,778/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,200/mo
$3,778/mo
$-1,578/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.

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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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