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Verified property facts
1500 Summit St Unit #5 is listed at $750,000 with 3 bedrooms, 3 full, 1 half bathrooms, 2,515 square feet, 0.60-acre lot. This places it above the 78741 median of $395,000.
1500 Summit St Unit #5 is zoned for Austin ISD with assigned schools: Travis Hts (8/10) (elementary), Lively (6/10) (middle), Travis (high). School assignments should be verified directly with the district.
1500 Summit St Unit #5 is a Residential built in 2008 featuring 3 bedrooms, 3 full, 1 half bathrooms, 2,515 square feet, 0.60-acre lot.
1500 Summit St Unit #5 is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 1500 Summit St Unit #5 is $8,258. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Listed with current price, original ask, and market time.
Seller financing available. 20% down, 7.75% interest with the option to be fixed, 30-year amortization, 5-year balloon. In a market where conventional condo financing has tightened up significantly, this is the rare downtown-adjacent home where a buyer can actually get the deal done.1500 Summit #5 sits on the edge of 78741 in the Riverside pocket, less than 2 miles from downtown Austin and walking distance to 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 condos in this price range 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 giving the layout real flexibility for guests, an office, or a roommate setup.The community is gated with 24-hour surveillance and secure automatic gate access, one of the few like it this close to downtown. HOA covers all exterior maintenance, roof, common areas, and insurance, so ownership stays simple and predictable. Zoned to Travis Heights Elementary.
Property Type
Residential
Year Built
2008
Lot Size
0.60 acres
$/Sq Ft
$298
HOA
$300/mo
Garage
3 spaces
Listed by Volt Realty
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-19.3% | — | $750,936 | — | — |
2024+0.0% | — | $930,988 | $414,000 | — |
2023+67.2% | — | $930,988 | $445,500 | $485,488 |
2022+24.7% | — | $556,940 | $445,500 | $485,488 |
2021 | — | $446,525 | $247,500 | $309,440 |
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($150K)
$750,000
Luxury property intelligence
A sourced read on Elmhurst Amd Of Lts 5&6 pricing, timing, and property scale. No automated valuation claim.
List price
$750,000
Price per sqft
$298/sqft
Vs. Elmhurst Amd Of Lts 5&6 median
Not available
Days on market
370 days
Original to current
$99K reduction
$849K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of May 13, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($150,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 1500 Summit St Unit #5 is around $4,580 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $750,000, 1500 Summit St Unit #5 is in the Elmhurst Amd Of Lts 5&6 market where there are currently 39 active listings in 78741. The Keenan Group has completed 4 transactions in 78741 as part of 1,000+ career sales totaling $1B+ across Austin.
1500 Summit St Unit #5 is part of a managed community with HOA dues of $300 monthly. HOA-managed communities in Austin's luxury market typically provide amenities such as common areas, security, and exterior maintenance. Verify current dues and rules with the HOA directly.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
11 events on record
Current Price
$750,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-19.3% | — | $750,936 | — | — |
2024+0.0% | — | $930,988 | $414,000 | — |
2023+67.2% | — | $930,988 | $445,500 | $485,488 |
2022+24.7% | — | $556,940 | $445,500 | $485,488 |
2021 | — | $446,525 | $247,500 | $309,440 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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