5205 Palermo Dr

Austin, TX 78738

$615,000
Last List Price
4
Beds
3,183 Sq. Ft.
$193 / Sq. Ft.
3,183
Sq. Ft.
$193
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 11/29/18Virtual Tour
Closed 11/29/18Virtual Tour

Description

This beautiful model home has gorgeous landscaping and a fireplace in the backyard. As you enter the glass & wrought iron front door into the rotunda views. To the left the bedroom wing to the right the expansive open vaulted ceiling of the family room. The large kitchen and breakfast area create a feel you will not forget. The master is large & bright with big windows and the master bath has large his and hers closets. Does not include furniture. FEMA - Unknown Restrictions: Yes Sprinkler Sys:YesThis beautiful model home has gorgeous landscaping and a fireplace in the backyard. As you enter the glass & wrought iron front door into the rotunda views. To the left the bedroom wing to the right the expansive open vaulted ceiling of the family room. The large kitchen and breakfast area create a feel you will not forget. The master is large & bright with big windows and the master bath has large his and hers closets. Does not include furniture. FEMA - Unknown Restrictions: Yes Sprinkler Sys:Yes
  1. Listed by Manuel Martinez • TREC #0596930 • M/I Homes Realty
    P: (512)-406-1171 C: (512)-406-1171 novurealty@gmail.com

Property Details for 5205 Palermo Drive

Subdivision Name
Terra Colinas
Waterfront
No
Waterfront Description
None
Water Access Description
Public, Municipal Utility District
View
Park/Greenbelt, Trees/Woods
View YN
Yes
Furnished
Unfurnished
Pets Allowed
No
LISTING UPDATED: 01/11/2022 12:58 PM

Property Details for 5205 Palermo Drive

StatusClosed
MLS #1356652
Days on Market95
Taxes$13,738 / year
HOA Fees$725 / year
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2015
Lot Size0.20 AC / 8,750 SF
CountyTravis County
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Location

Listing Courtesy of M/I Homes Realty, Manuel Martinez, TREC #0596930

Sold By Coldwell Banker United REALTOR, Alexa Kanelos, TREC #0628825

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Building Information for 5205 Palermo Drive

Stories1Year Built2015Building Size-Lot Size0.20 AC / 8,750 SF

Payment Calculator

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OriginPoint Mortgage or Rocket Mortgage1

$4,190 per month

30 year fixed, 6.11% Interest

Principal and Interest

$2,985

Property Taxes

$1,145

HOA Dues

$60

The Payment Calculator is for illustrative purposes only.

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Property Information for 5205 Palermo Drive

General Information
Parking
  • Garage Spaces: 2
  • Parking Features: Attached, Door Single, Garage, Garage Door Opener
  • Garage: Yes
  • Covered Spaces: 2
Interior
  • Interior Features: Beamed Ceilings, Breakfast Bar, Open Beams Beamed Ceailings, Crown Molding, Cathedral Ceilings, Separate Formal Dining Room, Entrance Foyer, French Doors Atrium Doors, High Ceilings, In Law Floorplan, Multiple Living Areas, Multiple Dining Areas, Main Level Master, Pantry, Recessed Lighting, Walk In Closets, Wired For Sound
  • Flooring: Carpet, Tile, Wood
  • Appliances: BuiltInOven, Dishwasher, EnergyStarQualifiedAppliances, ExhaustFan, GasCooktop, Disposal, Microwave, Refrigerator, SelfCleaningOven, StainlessSteelAppliances, TanklessWaterHeater, Washer
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Fireplace Features: Family Room
  • Laundry Features: MainLevel, LaundryRoom
  • Virtual Tour URL Branded: https://my.matterport.com/show/?m=mZe7rtq84H3&utm_source=4
  • Restrictions: DeedRestrictions
Exterior
  • Exterior Features: Exterior Steps, In Wall Pest Control System, Private Yard
  • Construction Materials: Brick Veneer, Masonry, Stone Veneer, Stucco
  • Foundation Details: Slab
  • Patio And Porch Features: Awnings, Porch
  • Roof: Composition
  • Fencing: Fenced, Privacy, Wood, Wrought Iron
  • Accessibility Features: None
  • Community Features: Common Grounds/Area, Community Mailbox, Park, Pool, Trails Paths
Property Information
Lot Information
  • Lot Features: Backs to Greenbelt/Park, Sprinkler - Rain Sensor, Sprinklers Automatic, Sprinklers In Ground, Few Trees, Trees Small Size
  • Horse: No
Location Information
  • Builder Name: M/I Homes
  • Building Area Total: 3,183.00
Utilities
  • Cooling YN: Yes
  • Cooling: Central Air
  • Heating YN: Yes
  • Heating: Central, Natural Gas
  • Sewer: Public Sewer, Municipal Utility District
  • Utilities: Electricity Available, Natural Gas Available, Phone Connected, Underground Utilities
Green Features
  • Green Energy Efficient: Appliances
Room Information
Room 1
  • Room Type: Workshop
Room 2
  • Room Type: PrimaryBathroom
  • Room Level: Main
  • Room Features: DoubleVanity, GardenTubRomanTub, WalkInShower
Room 3
  • Room Type: Laundry
  • Room Level: Main
Room 4
  • Room Type: PrimaryBedroom
  • Room Level: Main
  • Room Features: HisAndHersClosets, WalkInClosets
Room 5
  • Room Type: Office
Room 6
  • Room Type: Den
Room 7
  • Room Type: Kitchen
  • Room Features: BreakfastBar, KitchenFamilyRoomCombo, Pantry, QuartzCounters
Room 8
  • Room Type: FamilyRoom
Room 9
  • Room Type: DiningRoom
  • Room Features: BreakfastArea
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: Terra Colinas
  • Association Fee Includes: CommonAreaMaintenance
  • Tax Year: 2018
  • Tax Rate: 2.79%
Showing Information
Showing Information
  • Security Features: Prewired, Smoke Detector(s)
  • Directions: From Austin, take HWY 71 West toward Bee Cave. Continue to follow HWY 71 west and turn left onto Palermo Drive (approximately 3.6 miles past the Hill Country Galleria).

Property History for 5205 Palermo Drive

DateEvent & SourcePriceAppreciationLink
Nov 29, 2018

Sold

ACTRIS #1356652

—
Jul 29, 2018

Pending

ACTRIS #1356652

$615,000—
Apr 26, 2018

Listed (Active)

ACTRIS #1356652

$615,000—
DateEvent & SourcePrice
11/29/2018

Sold

ACTRIS #1356652

—
07/29/2018

Pending

ACTRIS #1356652

$615,000
04/26/2018

Listed (Active)

ACTRIS #1356652

$615,000

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

Public Records for 5205 Palermo Drive

Taxable ValueLand$215,104Additions$522,751Total$737,855
Tax Record2024$14,342 ($1,195 / month)
Home Facts
Beds4Total Finished SqFt3,285 SqFtAbove Grade Finished SqFt3,285 SqFtStories1Lot Size8,751 SqFtStyleSingle Family ResidenceYear Built2015CountyTRAVISAPN01237805010000

Schools near 5205 Palermo Drive

This home is within Lake Travis Independent School District.
Rating
School
Type
Grades
Distance
Bee Cave Elementary School
Public - PK to 5
Bee Cave Middle
Public - 6 to 8
Lake Travis High School
Public - 9 to 12
Rating
School
Distance
Bee Cave Elementary School
PublicPK to 5

Bee Cave Middle
Public6 to 8

Lake Travis High School
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.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of M/I Homes Realty, Manuel Martinez, TREC #0596930

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.