1500 Summit St Unit 5 Austin, TX 78741
East Riverside-Oltorf NeighborhoodEstimated payment $4,992/month
Highlights
- Downtown View
- Mature Trees
- Terrace
- 0.6 Acre Lot
- Wood Flooring
- Balcony
About This Home
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.
Listing Agent
Volt Realty Brokerage Phone: (512) 351-0823 License #0579156 Listed on: 05/08/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $8,258
Year Built
- Built in 2008
Lot Details
- Northeast Facing Home
- Private Entrance
- Partially Fenced Property
- Mature Trees
HOA Fees
- $300 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Carport
- Assigned Parking
Property Views
- Downtown
- Woods
Home Design
- Slab Foundation
- Frame Construction
- Metal Roof
- Concrete Siding
- HardiePlank Type
Interior Spaces
- 2,515 Sq Ft Home
- 3-Story Property
- Ceiling Fan
- Double Pane Windows
- Blinds
- Living Room
- Smart Thermostat
- Washer
Kitchen
- Oven
- Built-In Gas Range
- Dishwasher
- Kitchen Island
- Trash Compactor
- Disposal
Flooring
- Wood
- Concrete
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms | 1 Main Level Bedroom
- Walk-In Closet
Outdoor Features
- Balcony
- Patio
- Terrace
Schools
- Travis Hts Elementary School
- Lively Middle School
- Travis High School
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Connected
- Phone Available
Listing and Financial Details
- Assessor Parcel Number 03030516060000
Community Details
Overview
- Association fees include common area maintenance, insurance, landscaping, trash
- 1500 Summit Association
- Elmhurst Amd Of Lts 5&6 Subdivision
Amenities
- Picnic Area
Recreation
- Dog Park
Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,146 | $458,334 | -- | -- |
| 2023 | $6,527 | $378,788 | -- | -- |
| 2022 | $6,801 | $344,353 | $0 | $0 |
| 2021 | $6,814 | $313,048 | $35,001 | $403,906 |
| 2020 | $6,104 | $284,589 | $35,001 | $404,471 |
| 2018 | $1,771 | $80,000 | $35,001 | $44,999 |
| 2017 | $1,784 | $80,000 | $35,001 | $44,999 |
| 2016 | $2,458 | $110,197 | $35,001 | $308,678 |
| 2015 | $9,048 | $409,955 | $35,001 | $374,954 |
| 2014 | $9,048 | $408,102 | $35,001 | $373,101 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/08/2026 05/08/26 | Price Changed | $750,000 | 0.0% | $298 / Sq Ft | |
| 05/08/2026 05/08/26 | For Sale | $750,000 | -6.1% | $298 / Sq Ft | |
| 04/10/2026 04/10/26 | Off Market | -- | -- | -- | |
| 03/19/2026 03/19/26 | Price Changed | $799,000 | -4.3% | $318 / Sq Ft | |
| 02/25/2026 02/25/26 | Price Changed | $835,000 | -1.6% | $332 / Sq Ft | |
| 12/09/2025 12/09/25 | Price Changed | $849,000 | -2.4% | $338 / Sq Ft | |
| 10/13/2025 10/13/25 | Price Changed | $870,000 | -3.2% | $346 / Sq Ft | |
| 05/08/2025 05/08/25 | For Sale | $899,000 | +122.0% | $357 / Sq Ft | |
| 01/15/2014 01/15/14 | Sold | -- | -- | -- | View Prior Sale |
| 04/15/2013 04/15/13 | Pending | -- | -- | -- | |
| 04/11/2013 04/11/13 | For Sale | $405,000 | 0.0% | $165 / Sq Ft | |
| 03/19/2013 03/19/13 | Pending | -- | -- | -- | |
| 03/05/2013 03/05/13 | For Sale | $405,000 | 0.0% | $165 / Sq Ft | |
| 02/26/2013 02/26/13 | Pending | -- | -- | -- | |
| 02/08/2013 02/08/13 | Price Changed | $405,000 | +1.5% | $165 / Sq Ft | |
| 12/20/2012 12/20/12 | Price Changed | $399,000 | -6.1% | $163 / Sq Ft | |
| 07/09/2012 07/09/12 | Price Changed | $425,000 | 0.0% | $173 / Sq Ft | |
| 07/09/2012 07/09/12 | For Sale | $425,000 | -2.6% | $173 / Sq Ft | |
| 06/07/2012 06/07/12 | Off Market | -- | -- | -- | |
| 06/06/2012 06/06/12 | For Sale | $436,500 | -- | $178 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Vendors Lien | -- | Independence Title | |
| Vendors Lien | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $78,750 | Commercial | |
| Previous Owner | $303,750 | New Conventional |
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 3948455
APN: 821394
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Based on information submitted to the MLS GRID
Listings courtesy of Unlock MLS (Austin Board of REALTORS®) as distributed by MLS GRID
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Ask me questions while you tour the home.