1500 Summit St, Unit 5

2,515 Sq. Ft.
$290 / Sq. Ft.
2,515
Sq. Ft.
$290
per Sq. Ft.

Description

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...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.
  1. Listed by Tony Elias • TREC #0579156 • Volt Realty
    P: (512)-351-0823 C: (512)-861-1571 tony@tonyelias.com

Property Details for 1500 Summit Street, Unit 5

Subdivision Name
Elmhurst Amd Of Lts 5&6
Waterfront
No
Waterfront Description
None
Water Access Description
Public
View
City, Trees/Woods
View YN
Yes
Parcel Number
03030516060000
Elementary School
Travis Hts
LISTING UPDATED: 06/01/2026 04:58 PM

Property Details for 1500 Summit Street, Unit 5

StatusActive
MLS #3948455
Days on Market393
Pet Policy-
Taxes$8,258 / year
HOA Fees$300 / month
Condo/Co-op Fees-
Property TypeCondo
MLS TypeResidential / Condominium
Year Built2008
CountyTravis County

Location

Listing Courtesy of Volt Realty, Tony Elias, TREC #0579156
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Building Information for 1500 Summit Street, Unit 5

Building/Complex1500 Summit StFloor-Stories-Residences-Pet Policy-Pet Policy Details-Year Built2008

Payment Calculator

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OriginPoint Mortgage or Rocket Mortgage1

$4,626 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,638

Property Taxes

$688

HOA Dues

$300

The Payment Calculator is for illustrative purposes only.

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Rocket Mortgage1

Property Information for 1500 Summit Street, Unit 5

General Information
Parking
  • Garage Spaces: 1
  • Parking Total: 3
  • Parking Features: Assigned, Attached, Covered, Carport, Garage
  • Carport: Yes
  • Garage: Yes
  • Covered Spaces: 1
Interior
  • Interior Features: Ceiling Fan(s), Interior Steps, Kitchen Island, Smart Thermostat, Walk In Closets
  • Flooring: Concrete, Tile, Wood
  • Appliances: BuiltInGasRange, Cooktop, Dishwasher, Disposal, Oven, Range, Refrigerator, TrashCompactor, Washer
  • Fireplace: No
  • Fireplaces Total: 0
  • Fireplace Features: None
  • Laundry Features: LaundryCloset, InHall
  • Restrictions: SeeRemarks
Exterior
  • Exterior Features: Balcony, Private Entrance
  • Construction Materials: Frame, Hardiplank Type, Concrete
  • Foundation Details: Slab
  • Patio And Porch Features: Patio, Terrace, Balcony
  • Roof: Metal
  • Fencing: Fenced, Partial
  • Direction Faces: Northeast
  • Window Features: Blinds, DoublePaneWindows, WindowTreatments
  • Accessibility Features: None
  • Community Features: Dog Park, Park
Property Information
Lot Information
  • FEMA Flood Plain: No
  • Lot Features: Trees Large Size
  • Horse: No
  • Horse Amenities: None
Utilities
  • Cooling: Central Air, Ceiling Fans
  • Heating: Central, Natural Gas
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Room Information
Room 1
  • Room Type: Bathroom
  • Room Level: Third
  • Room Features: EnSuiteBathroom
Room 2
  • Room Type: PrimaryBathroom
  • Room Level: Third
  • Room Features: SeeRemarks
Room 3
  • Room Type: Bathroom
  • Room Level: Main
  • Room Features: BathInPrimaryBedroom
Room 4
  • Room Type: Bathroom
  • Room Level: First
  • Room Features: EnSuiteBathroom
Room 5
  • Room Type: LivingRoom
  • Room Level: Main
  • Room Features: SeeRemarks
Room 6
  • Room Type: Kitchen
  • Room Level: Main
  • Room Features: SeeRemarks
Room 7
  • Room Type: Bedroom
  • Room Level: Third
  • Room Features: SeeRemarks
Room 8
  • Room Type: PrimaryBedroom
  • Room Level: Third
  • Room Features: SeeRemarks
Room 9
  • Room Type: Bedroom
  • Room Level: First
  • Room Features: CeilingFans, EnSuiteBathroom
Unit Information
Unit 1
  • Permission: IDX
Unit 2
  • Permission: IDX
Unit 3
  • Permission: IDX
Unit 4
  • Permission: IDX
Unit 5
  • Permission: IDX
Unit 6
  • Permission: IDX
Unit 7
  • Permission: IDX
Unit 8
  • Permission: IDX
Unit 9
  • Permission: IDX
Financial Information
Taxes and HOA Information
  • Association: Yes
  • Association Name: 1500 Summit
  • Association Fee Includes: CommonAreaMaintenance, Insurance, MaintenanceGrounds, SeeRemarks, Trash
  • Tax Assessed Value: $987,845
  • Tax Year: 2024
  • Tax Rate: 1.98%
Showing Information
Showing Information
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Directions: I-35 N, East on Woodward

Property History for 1500 Summit Street, Unit 5

DateEvent & SourcePriceAppreciationLink
Jun 1, 2026

Price Change

ACTRIS #3948455

$730,000
May 8, 2026

Listed (Active)

ACTRIS #3948455

May 8, 2026

Price Change

ACTRIS #3948455

$750,000
DateEvent & SourcePrice
06/01/2026

Price Change

ACTRIS #3948455

$730,000
05/08/2026

Listed (Active)

ACTRIS #3948455

05/08/2026

Price Change

ACTRIS #3948455

$750,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1500 Summit Street, Unit 5

Taxable ValueLand$212,126Additions$487,955Total$700,081
Tax Record2024$6,527 ($544 / month)
Home Facts
Beds3Total Finished SqFt2,487 SqFtAbove Grade Finished SqFt2,487 SqFtStories4Lot Size2,653 SqFtStyleTownhouseYear Built2008CountyTRAVISAPN03030516060000

Schools near 1500 Summit Street, Unit 5

This home is within Austin Independent School District.
Rating
School
Type
Grades
Distance
Charter - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Travis Heights Elementary School
CharterPK to 5

Lively Middle School
Public6 to 8

Travis High School
Public9 to 12

Graduation Preparatory Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

1500 Summit Street, Unit 5 is a condo for sale in Austin, TX 78741. This property was listed for sale on May 8, 2025 by Volt Realty, it's currently listed at $730,000. It has been on the market for a total of 393 days and was last sold on January 15, 2014. This listing's school district is Austin Independent School District. Nearby schools include Travis Heights Elementary School, Lively Middle School and Travis High School. 1500 Summit Street, Unit 5 is a 3-bed, 4-bath, 2,515 sqft condo built in 2008.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Volt Realty, Tony Elias, TREC #0579156

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2026 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2026] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.