This property is no longer actively listed. We can help you find similar homes currently for sale, notify you if this property relists, or explore off-market opportunities in the area.
$679,000
last listed5216 Palermo Dr, Austin, TX 78738
Why you're seeing this property: Unlike major portals that hide off-market listings, we maintain the most comprehensive Austin property database. View market history, neighborhood data, and discover similar homes currently for sale. #1 Austin Realtor Team 2024.
3 bed, 2 bath, 2,872 sqft on 0.19 acres in Austin. Austin, TX 78738. Last listed at $679,000, sold May 13, 2026. Lake Travis ISD.
About This Home
Nestled on a coveted east facing lot in the highly desirable Terra Colinas community, this stunning single-story home captivates from the moment you arrive. Its beautiful curb appeal, complemented by a 3-car garage, sets the tone for the thoughtful design that awaits inside. Step through the door to find an open, light-filled interior with intentional features throughout, including high ceilings and elegant crown moldings, along with beautiful hardwood flooring that flows seamlessly through the main living spaces. At the heart of the home is a chef-inspired kitchen that's nothing short of a showstopper, offering abundant cabinetry, granite counters, built-in appliances including a gas range, a convenient butler's pantry, and an oversized island, intentionally crafted for entertaining. The layout includes a dedicated home office for efficient remote work, while a bonus living area is thoughtfully tucked between the two secondary bedrooms, adding versatility to the design. The owners suite is a true retreat, featuring a tray ceiling, expansive walk-in closets, and a spa-inspired bath with dual vanities, a soaking tub, and a walk-in shower. Outside, you'll enjoy the serene covered patio overlooking mature trees and the fenced backyard, ideal for relaxing evenings, morning coffee, and lively outdoor entertaining. Perfectly positioned between Summer Moon Coffee and the community pool, this home offers the ultimate in convenience and elevated living. Every detail has been designed with lifestyle and comfort in mind - this is the home you've been waiting for. 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
- 2016
- Lot Size
- 0.19 acres
- Price / Sq Ft
- $236
- HOA
- $250/quarter
- Garage
- 3 spaces
Listing information last updated May 13, 2026.
Listed by Compass RE Texas, LLC
MLS# 3504807 • 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)
- Ceiling-High
- Chandelier
- Quartz Counters
- Double Vanity
- Kitchen Island
- Multiple Living Areas
- No Interior Steps
- Open Floorplan
- Pantry
- Primary Bedroom on Main
- Recessed Lighting
- Soaking Tub
- Storage
- Study
- Home Office
- Two Primary Closets
- Walk-In Closet(s)
- Built-In Gas Range
- Built-In Oven(s)
- Dishwasher
- Disposal
- Exhaust Fan
- Microwave
- RNGHD
- Stainless Steel Appliance(s)
- Water Heater
- Carpet
- Tile
- Wood
- Heating
- Central,Electric
- Cooling
- Central Air,Electric
- Fireplaces
- 1
Exterior & Lot
- Exterior Steps
- Rain Gutters
- Pest Tubes in Walls
- Private Yard
- Brick Veneer
- Masonry – All Sides
- Stone Veneer
- Back Yard
- Close to Clubhouse
- Curbs
- Few Trees
- Interior Lot
- Landscaped
- Sprinkler - Automatic
- Sprinklers In Rear
- Sprinklers In Front
- Trees-Small (Under 20 Ft)
- Back Yard
- Gate
- Privacy
- Wood
- Slab
- Covered
- Front Porch
- Patio
- Roof
- Asphalt,Shingle
- Lot Size
- 0.19 Acres
- Assigned
- Door-Multi
- Driveway
- Enclosed
- Garage
- Garage Door Opener
- Garage Faces Front
- Inside Entrance
- Side By Side
- Garage Spaces
- 3
Financial
- HOA Fee
- $250 / quarter
- Original List Price
- $679,000
- Price per Sq Ft
- $236
Utilities
- Cable Available
- Electricity Connected
- 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 5216 Palermo DR, whoever represented it.
- SoldMay 13, 2026Listed at: $679,000MLS 3504807
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Explore this area
Price & Listing History
Active Under Contract with current price, original ask, and market time.
- Current list
- $679,000
- Original list
- $679,000
- Price movement
- No verified reduction
- Listed / DOM
- Apr 9, 2026
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $701,705
- Assessment Year
- 2025
- Year Built
- 2016
- Parcel ID
- 000000867683
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-14.0% | — | $701,705 | — | — |
2024-2.4% | — | $815,526 | $175,000 | $597,926 |
2023+54.4% | — | $835,394 | $72,500 | $743,026 |
2022 | — | $540,904 | $72,500 | $762,894 |
Virtual Tour
Zoned Schools & District Context
Lake Travis
Bee Cave Middle School
Lake Pointe Elementary
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 2026-10-16T06:07:17.534+00:00; normalized from quarterly dues.
20% ($136K)
Adjustable assumption - not a lending recommendation.
$679,000
Luxury property intelligence
Keenan Market Position
A sourced read on Austin pricing, timing, and property scale. No automated valuation claim.
List price
$679,000
Price per sqft
$236/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
Not available
Original to current
No verified reduction
$679K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 16, 2026.
Request Private Market AnalysisConnect 5216 Palermo Dr to the Austin Market
78738 ZIP Guide
ZIP-level neighborhoods, schools, lifestyle, and Austin market context
Lake Travis ISD Schools
District guide, nearby schools, and homes by attendance area
Austin Home Valuation
Private Austin CMA, TCAD context, and pricing strategy
Seller Resources
Pricing, prep, launch timing, and Compass marketing strategy
Keenan Group Results
#1 ABOR Team 2024 with $1B+ career sales volume
