1509 Palma PLZ, Austin, TX 78703

Tucked in the heart of Clarksville, one of Austin’s most coveted neighborhoods, 1509 Palma Plaza offers a rare blend of charm, comfort, and unbeatable walkability, just moments from local favorites like Fresh Plus, Medici Coffee, Jeffrey's and Josephine House.

This thoughtfully designed 3 bed, 2 bath home welcomes you with an inviting living room anchored by a stunning fireplace, creating a warm and timeless focal point. Just beyond, the dining area is surrounded by windows that fill the space with natural light, complemented by custom built-ins that add both character and functionality. The beautifully updated kitchen sits nearby, seamlessly connected to the main living spaces and backyard.

The main level features a spacious primary suite with room for a seating area or home office, along with a private ensuite bath. A second guest bedroom and full bathroom are conveniently located down the hall. Upstairs, a versatile loft-style bedroom offers endless flexibility, perfect for a home office, gym, or additional living space.

Outdoor living is just as special, with a peaceful screened-in porch complete with a built-in swing overlooking the private backyard - an ideal setting for slow mornings or relaxed evenings. A separate screened-in structure in the backyard adds even more opportunity.

A rare opportunity to own a home that perfectly balances character, flexibility, and location in one of Austin’s most walkable and desirable neighborhoods.

1509 Palma Plaza sits in Clarksville, the historic pocket neighborhood where Clarksville meets West Lake Hills, and at $804 per square foot for a 1929 brick home, you're buying century-old bones with real character. The primary bedroom anchors the main floor with its own ensuite, a layout that worked a hundred years ago and still works today, while the loft-style third bedroom upstairs gives you flexibility for a home office or guest space that doesn't feel like an afterthought.

The interior reveals what happens when a 1,710 square foot home gets thoughtful updates without erasing its personality. Built-in shelving frames the windows, stone counters ground the kitchen, and the fireplace becomes the natural gathering point. You get wood flooring in the living spaces, recessed lighting wired through plaster walls, and stainless steel appliances that sit comfortably next to the original brick and wood siding. The dining area floods with natural light, creating that lived-in warmth that newer construction can't manufacture.

But the real soul lives outside. The screened porch wraps around with a built-in swing facing into a private backyard anchored by mature oaks well over forty feet tall. An automatic sprinkler keeps the front and back yards managed, while a separate screened structure in the rear opens options for guests, studios, or storage. The 0.1531 acre lot sits quiet despite the neighborhood's walkability.

Clarksville itself matters here. Fresh Plus is steps away on Barton Springs Road. Medici Coffee anchors the corner. Jeffrey's and Josephine House deliver dining without the drive. You're inside Austin ISD, with Mathews Elementary feeding into O Henry Middle and Austin High School. The commute to downtown Austin runs under fifteen minutes depending on traffic patterns on Barton Springs Road.

This is 1929 construction that refuses to feel old in the way that matters. The home appreciates not through trend-chasing but through location, walkability, and the simple fact that central Austin doesn't produce more historic neighborhoods like Clarksville anymore.

Clarksville is Austin's most walkable luxury neighborhood — a historic freedman's town founded in 1871, now in 78703, five minutes on foot from downtown. Median home price $2.2M. Austin ISD schools (Casis Elementary, O. Henry Middle, Austin High). One of the only Austin neighborhoods where you can walk to fine dining, trails, and downtown without getting in a car.

The housing stock reflects 150 years of history. Original shotgun cottages and bungalows from the early 1900s sit alongside contemporary new builds and sensitive renovations on lots ranging from 0.1 to 0.25 acres. The neighborhood's historic designation (National Register) means you'll see period architecture preserved next to modern infill. Teardown lots trade at $800K-$1.5M for land alone.

West Lynn Street is the commercial spine — Medici coffee, Cipollina wood-fired pizza, Jeffrey's fine dining, Josephine House, and Bar Peached are all within a few blocks. Pease Park and Shoal Creek Trail border the east side. The Whole Foods flagship at 6th and Lamar is a 10-minute walk.

What makes Clarksville distinct: the combination of walkable daily life, historic character, and proximity to downtown that no other Austin neighborhood matches. The tradeoff is small lots, limited parking, and premium pricing for the location. Buyers here are paying for a lifestyle that doesn't require a car.