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2 bed, 1 bath, 1,164 sqft on 0.19 acres in Clarksville. Austin, TX 78703. Last listed at $495,000, sold June 25, 2026. Austin ISD.
About This Home
DEMO PERMIT APPROVED. Rare redevelopment opportunity in the heart of highly sought-after Clarksville. Situated on an oversized 8,150 SF lot, 1811 Palma Plaza offers a clean path forward for a new custom home or luxury redevelopment project in one of Austin's most desirable neighborhoods.
The property features a separate curb cut off Newfield Lane, providing additional design flexibility and access options. The City has also approved removal of the existing planter box located within the right-of-way, further enhancing site usability.
The existing 1938 home is likely best suited for demolition, creating an ideal opportunity to build new and capitalize on the strong demand for modern construction in Clarksville. Surrounded by high-end redevelopment and just minutes from Downtown Austin, Lady Bird Lake, restaurants, shopping, and entertainment.
A rare chance to secure a large lot and create a custom residence in one of Austin's premier central neighborhoods at an approachable entry point for the area.
Please, No Wholesalers
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.
School District: Austin ISD
View Clarksville neighborhood guide- Property Type
- Residential
- Year Built
- 1938
- Lot Size
- 0.19 acres
- Price / Sq Ft
- $425
Listing information last updated June 16, 2026.
Listed by 3rd Angle Realty LLC
MLS# 9951078 • Closed
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Properties displayed may be listed or sold by various participants in the MLS.
Highlights
Facts & Features
Interior
- Wood
- Fireplaces
- 1
Exterior & Lot
- Chain Link
- Wood
- Pillar
- Post
- Pier
- Covered
- Front Porch
- Roof
- Shingle
- Lot Size
- 0.19 Acres
Financial
- Original List Price
- $760,000
- Price per Sq Ft
- $425
Utilities
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
1 record on file
Every recorded listing, sale, and lease at 1811 Palma PLZ, whoever represented it.
- SoldJune 25, 2026MLS 9951078
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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Price & Listing History
Pending with current price, original ask, and market time.
- Current list
- $495,000
- Original list
- $760,000
- Price movement
- $265K reduction
- Listed / DOM
- Sep 17, 2025
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $795,135
- Assessment Year
- 2025
- Year Built
- 1938
- Parcel ID
- 000000110258
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-2.5% | — | $795,135 | — | — |
2024+11.0% | — | $815,119 | $450,000 | $303,677 |
2023+3.8% | — | $734,518 | $450,000 | $365,119 |
2022 | — | $707,370 | $495,000 | $239,518 |
Zoned Schools
Austin
O Henry
Mathews
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.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($99K)
Adjustable assumption - not a lending recommendation.
$495,000
Luxury property intelligence
Keenan Market Position
A sourced read on Clarksville pricing, timing, and property scale. No automated valuation claim.
List price
$495,000
Price per sqft
$425/sqft
Vs. Neighborhood guide reference price
-66.2%
$1.5M · Clarksville neighborhood guide · reference price
Days on market
Not available
Original to current
$265K reduction
$760K original
Active inventory context
12 listings
Price Position in Clarksville
Listed 66% below the Clarksville neighborhood guide reference price. Clarksville neighborhood guide · reference price.
Source: Public records and Keenan Group review as of Jun 25, 2026.
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