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$709,000

1626 Palma PLZ 10, Austin, TX, 78703

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,645 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$440.73 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Range, Microwave, Oven, Refrigerator, Washer/Dryer
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size1,721 sqft

Building Information

Year Built1983
Stories2
Roof Type105
Garage Spaces2

Land Information

APN01110308120009
Lot Number8
SubdivisionEnfield Plaza Condominiums
Land UseTownhomes
Legal DescriptionUNT 10 BLD A ENFIELD PLAZA CONDOMINIUMS PLUS 8.139% INT IN COMMON AREA
Census Tract001605
Assessed Land Value$2,583
Assessed Improvement Value$529,043
Assessment Year2025

About this property

Enjoy breathtaking sunset views from this meticulously renovated, down-to-the-studs Clarksville condo, perfectly designed for effortless lock-and-leave living. Unlike the usual sterile new builds, this home is infused with authentic Austin charm and thoughtful personal touches. Highlights include a private 2-car garage with ample storage, elegant custom built-ins, and a spacious walk-in pantry. The kitchen boasts high-end appliances paired with state-of-the-art smart-home technology. We discovered this gem during COVID and invested over a year and $100k+ into renovations, transforming it into the ideal modern yet inviting space. A child (and soon another) later, our needs have evolved. Palma Plaza is crafted for real life and real families—not builders or flippers. We cherish this community deeply, from finding our first babysitter at Josephine House to knowing the baristas at Medici and the GM at Cipolina. This home and neighborhood offer something special for those seeking more than just another cookie-cutter build. We hope the next owners love it as much as we have. Current owners actively serve on the HOA Board. AT&T Gig fiber internet ready.

Investor Tools

Property Icon
$709,000
Estimated Property Value
$0Estimated Mortgage Balance
$314,964Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,350 /month
Positive
Cash Flow Estimate:
$1,450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,045/month
$511/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,991
$531,626
2025
$2,583
$529,043
$531,626
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,991
$531,626

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loanpeople Llc
Conventional
$436,500
No
First
Mar 30, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$394,036
$314,964
44%
56%
$2,618/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,710/mo
$3,130/mo
$-1,420/mo
2.9%

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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1626 Palma PLZ 10 | Property Details | No Agent List