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1500 Summit St, Unit 5, Austin, TX 78741

$730,000
  • 1500 Summit St, Unit 5, Austin, TX 78741 Main Photo

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Active Price Reduced by $20,000 on June 1st, 2026
BEDS3 BATHS3 full 1 partial SQUARE FEET2,515 MLS#3948455
STATUSActive PROPERTY TYPEResidential - Condominium SUBDIVISIONElmhurst SCHOOLAustin ISD

Property 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 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.

1500 Summit St, Unit 5 | MLS# 3948455

This condo located at 1500 Summit St, Unit 5, Austin, TX 78741 is currently listed for sale with an asking price of $730,000. This property was built in 2008 and has 3 bedrooms and 3 full and 1 partial baths with 2515 sq. ft. Summit St, Unit 5 is located in the Elmhurst subdivision within the Austin ISD school district. Search Elmhurst real estate on www.pealestate.com today.

Property Features

Property Type: Residential - Condominium
Cooling: Ceiling Fan(s), Central Air
Fenced: Yes
Garage: 1 car attached
Heating: Central, Natural Gas
Lot Size: 0.60 Acres
Roof Type: Metal
Stories: 3.0
Taxes: $8,258
Year Built: 2008

Amenities

Ceiling Fan(s)
Interior Steps
Kitchen Island
Smart Thermostat
Walk-In Closet(s)
Balcony
Private Entrance
Restricted Access

Feature Descriptions

Appliances: Built-In Gas Range, Cooktop, Dishwasher, Disposal, Oven, Range, Refrigerator, Trash Compactor, Washer
Area #: 9
Community Features: Dog Park, Picnic Area
Days on Site: 389
Exterior: Concrete, Frame, HardiPlank Type
Fencimg: Fenced, Partial
Flood Plain: No
Flooring: Concrete, Tile, Wood
HOA Fee: $300/ Monthly
Lot: Trees-Large (Over 40 Ft)
Parcel#: 03030516060000
Parking: Assigned, Attached, Carport, Covered, Garage
Parking Notes: Assigned, Attached, Carport, Covered, Garage
Patio/Porch: Patio, Terrace
Restrictions: See Remarks
Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer: Public Sewer
Special View Info: City, Downtown, Skyline, Trees/Woods
Utilities: Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Water: Public
Window: Blinds, Double Pane Windows, Window Treatments

Local Schools

High School: Travis
Middle School: Lively
Elementary School: Travis Hts
School District: Austin ISD

Listed By / Shown By

Listed By

Agency Name: Volt Realty
Agency Phone: (512) 351-0823

Shown By

Agent Name: Joel Peal
Agent Phone: (512) 590-9126
Agency Title: Realty Capital City

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Estimated Payment

$ 2,525.75 per month $1,624.66 Principal & Interest $688.17 Property Tax $212.92 Homeowner's Insurance

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