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$725,000
last listed5200 Palermo Dr, Austin, TX 78738
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4 bed, 3 bath, 2,926 sqft on 0.22 acres in Austin. Austin, TX 78738. Last listed at $725,000, sold March 6, 2026. Lake Travis ISD.
About This Home
Situated on a desirable east/north-east facing corner lot in the sought-after Terra Colinas community, this beautiful single-story home offers style, function, and an exceptional location near the neighborhood amenity center and popular Summer Moon Coffee. Built with timeless stone and brick masonry and framed by manicured landscaping, the home features a spacious three-car garage. Inside, the bright and inviting floor plan showcases tile flooring, crown molding, and abundant natural light. A private home office with French doors sits off the foyer, while the spacious formal dining room features a chandelier and sophisticated coffered ceiling - ideal for entertaining. The expansive living room with gas log fireplace flows into the chef-inspired kitchen, complete with a large island, granite countertops, generous cabinetry, and stainless-steel appliances with gas cooktop. The owner’s suite offers a relaxing retreat with tray ceiling, oversized walk-in closet, and spa-like bath featuring dual vanities, soaking tub, and walk-in shower. A private guest suite and two additional bedrooms connected by a Jack-and-Jill bath provide comfortable accommodations. Enjoy outdoor living on the covered patio overlooking the fenced backyard. Conveniently located minutes from Hill Country Galleria, Lake Travis, golf, and Hwy 71, and zoned to highly rated Lake Travis ISD schools, including Bee Cave Elementary, Bee Cave Middle, and Lake Travis High. Approximately 20 miles to Downtown Austin and 24 miles to the airport. Buyer to independently verify all info including but not limited to square footage, restrictions, taxes, schools, HOA dues, year built, etc.
- Property Type
- Residential
- Year Built
- 2018
- Lot Size
- 0.22 acres
- Price / Sq Ft
- $248
- HOA
- $192/quarter
- Garage
- 3 spaces
Listing information last updated March 6, 2026.
Listed by Compass RE Texas, LLC
MLS# 2686351 • 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
- Breakfast Bar
- Ceiling Fan(s)
- Coffered Ceiling(s)
- Ceiling-High
- Tray Ceiling(s)
- Chandelier
- Granite Counters
- Crown Molding
- Double Vanity
- Eat-in Kitchen
- Entrance Foyer
- Kitchen Island
- Multiple Dining Areas
- No Interior Steps
- Open Floorplan
- Pantry
- Primary Bedroom on Main
- Recessed Lighting
- Soaking Tub
- Walk-In Closet(s)
- Built-In Oven(s)
- Dishwasher
- Disposal
- Gas Cooktop
- Microwave
- Stainless Steel Appliance(s)
- Carpet
- Tile
- Heating
- Central,Fireplace(s)
- Cooling
- Ceiling Fan(s),Central Air
- Fireplaces
- 1
Exterior & Lot
- Exterior Steps
- Private Yard
- Brick
- Masonry – All Sides
- Stone
- Back Yard
- Corner Lot
- Front Yard
- Landscaped
- Level
- Private
- Back Yard
- Fenced
- Gate
- Privacy
- Wood
- Slab
- Covered
- Patio
- Roof
- Composition,Shingle
- Lot Size
- 0.22 Acres
- Attached
- Door-Multi
- Driveway
- Garage
- Garage Door Opener
- Garage Faces Front
- Garage Faces Side
- Garage Spaces
- 3
Financial
- HOA Fee
- $192 / quarter
- Original List Price
- $725,000
- Price per Sq Ft
- $248
Utilities
- Cable Available
- Electricity Connected
- High Speed Internet
- Natural Gas Connected
- Sewer Connected
- Water Connected
- Water Source
- MUD
- Sewer
- MUD
Transaction History
1 record on file
Every recorded listing, sale, and lease at 5200 Palermo DR, whoever represented it.
- SoldMarch 6, 2026Listed at: $725,000MLS 2686351
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
Listing timeline with current price, original ask, and market time.
- Current list
- $725,000
- Original list
- $725,000
- Price movement
- No verified reduction
- Listed / DOM
- Feb 5, 2026
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $746,937
- Assessment Year
- 2025
- Year Built
- 2018
- Parcel ID
- 000000867679
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-11.9% | — | $746,937 | — | — |
2024-2.4% | — | $848,137 | $175,000 | $631,330 |
2023+56.2% | — | $868,706 | $72,500 | $775,637 |
2022 | — | $556,307 | $72,500 | $796,206 |
Virtual Tour
Zoned Schools & District Context
Lake Travis
Hudson Bend Middle School
Bee Cave
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 and home insurance. Each requires verified amount, cadence or unit, source, and as-of details.
HOA source: MLS Grid / Unlock MLS, as of 2026-06-05T18:30:06.764334+00:00; normalized from quarterly dues.
20% ($145K)
Adjustable assumption - not a lending recommendation.
$725,000
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Keenan Market Position
A sourced read on Austin pricing, timing, and property scale. No automated valuation claim.
List price
$725,000
Price per sqft
$248/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
Not available
Original to current
No verified reduction
$725K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 5, 2026.
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