Check Availability
$4,250,000
House - For Sale

1631 Palma PLZ

Austin, TX 78703
bedrooms
6 Beds
bathrooms
6 Baths, 1 Half Bath
square feet
5043 Sqft
$24,310
Estimated Monthly
$0
HOA / Fees
0.61%
Cap Rate

About This Property

Welcome to your urban sanctuary tucked away in Austin's vibrant Clarksville neighborhood! This exceptional property blends contemporary flair with eclectic charm, offering a unique haven for those seeking an edgy yet inviting entertainment space in the heart of the city. Step into sophistication with this 6 bedroom, 5 and a half-bathroom haven, where every detail is crafted to inspire comfort and style. High ceilings throughout the expansive floor plan enhance the sense of space and light, creating an airy ambiance that welcomes you home. Entertaining is effortless in the multiple kitchens, outfitted with ample storage, catering to culinary enthusiasts and hosts alike. Whether you're hosting a dinner party or enjoying casual gatherings by the poolside, the possibilities for epicurean delights are endless. Relax and unwind in your outdoor sanctuary, complete with a sparkling pool and inviting porch, perfect for basking in the sunshine or outdoor dining amidst the lush surroundings. The guest house offers additional privacy for visitors or can serve as a tranquil retreat for extended stays. Artistic flair infuses every corner of this home, creating an inspiring atmosphere that fosters creativity and imagination. From the sleek, contemporary design to the carefully curated accents, this residence is a true testament to urban living at its finest. With both short-term and long-term rental opportunities available, this property offers flexibility and potential for lucrative investment. Conveniently situated near the heart of the city, this residence provides easy access to Austin's vibrant cultural scene, dining options, and bustling nightlife. With its spacious layout and open concept design, this home is perfectly suited for hosting events and gatherings of all kinds. Experience the epitome of urban luxury and sophistication in this stunning residence, where modern elegance meets endless possibilities. Don't miss your chance to make this extraordinary property your own
Unit Size
5,043Ft²
Days on Market
24 days
Land Size
0.27 acres
Price per sqft
$843
Property Type
House
Property Taxes
$3,442
HOA Dues
-
Year Built
2016
Listed By
Kumara Wilcoxon
Kuper Sotheby's Int'l Realty
Last updated: 14 days ago (Unlock MLS #ACT6879710)

Price History

Date / Event Date Event Price
Apr 3, 2024 Listed by Kuper Sotheby's Int'l Realty $4,250,000
Listed by Kuper Sotheby's Int'l Realty
Mar 14, 2022 No longer available -
No longer available
Mar 11, 2022 Relisted $3,790,000
Relisted
Mar 9, 2022 No longer available -
No longer available
Nov 8, 2021 Listed by Keller Williams - Austin SW $3,790,000
Listed by Keller Williams - Austin SW
In the heart of central Austin?s coveted Clarksville neighborhood, an architectural masterpiece awaits. Affectionately referred to as ?Mullet House? due to its unique mixture of styles ? a local favorite for short-term and long-term rentals. This 4,784 SF home features the modest facade of an original 1938 bungalow, paired with a breathtaking contemporary build-out. Pops of color, artful tiling, superior design, and the creative sourcing of original materials are just a few of the ways…

Property Highlights

Garage
Air Conditioning
Parking Details
Covered Spaces: 2
Total Number of Parking: 4
Parking Features: Attached, Garage, Garage Door Opener, Garage Faces Side
Garage Spaces: 2
Interior Details

Bathroom Information

Half Bathrooms: 1
Full Bathrooms: 5
Guest Full Bathrooms: 1

Interior Information

Interior Features: Bookcases, Breakfast Bar, Ceiling Fan(s), High Ceilings, Vaulted Ceiling(s), Double Vanity, Electric Dryer Hookup, Dumbwaiter, Interior Steps, Multiple Living Areas, Murphy Bed, Open Floorplan, Recessed Lighting, Soaking Tub, Storage, Walk-In Closet(s), Washer Hookup
Appliances: Built-In Oven(s), Dishwasher, Disposal, Electric Cooktop, Gas Range, Microwave, Double Oven, RNGHD, Stainless Steel Appliance(s)
Flooring Type: Concrete, Tile, Wood
Cooling: Ceiling Fan(s), Central Air
Heating: Central
Living Area: 5043

Room 1

Level: Main
Type: Kitchen
Features: Recessed Lighting

Room 2

Level: Main
Type: Living Room
Features: Recessed Lighting

Room 3

Level: Second
Type: Primary Bedroom
Features: Ceiling Fan(s), Double Vanity, Full Bath, Garden Tub, Recessed Lighting

Room 4

Level: Second
Type: Primary Bathroom
Features: Double Vanity, Full Bath, Garden Tub, Recessed Lighting

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 2
  • Bedroom Count: 6
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • Floor Count: 2
  • Basement Area: 891
  • Garage Square Area: 552
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,631
  • Total Building Area: 5,335
  • Gross Building Area: 5,335
  • Building Area: 4,783
  • Building Area Measurement: unknown

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,783
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: ENFIELD E
  • Land Acres: 0.267
  • Legal Description 1: LOT 16 & W 5FT OF LOT 15 ENFIELD E & VAC ROW (0.076A)

Ownership

  • Current Owner : HANCOCK DAVID
  • Previous Owner : SEAMLESS PALMA PLAZA LLC
  • Owner Before Previous Owner: WIER CAROLYN LAWRENCE
  • Owner Before Previous Owner 2: CASPARIS MILDRED JANETTE
  • Is Owner Occupied: unknown

Neighborhood

  • School District Name: Austin Independent School District
  • School Tax School District: AUSTIN ISD
  • Census Tract: 001605

Geography

  • Assessors Map Reference: 0111030725
  • Account Number: 825709
  • Parcel: 825709
  • Lot: 16,15
  • Municipality: CITY OF AUSTIN
  • Latitude: 30.2823
  • Longitude: -97.7608

    Address

  • Full Address: 1631 Palma Plz
  • Address - House Number: 1631
  • Address - Street Name: Palma
  • Address - Suffix Type: Plz
  • State: TX
  • City Name: Austin
  • Carrier Code: C009
  • 4-Digit Zip Code: 3449
  • Zip Code: 78703

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $42,545
  • Tax Rate Code Area: 68

    Appraisal Valuation

  • Standard Deviation: 0.251
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 64
  • Final Value: 2,930,961
  • High Value: 3,666,892
  • Low Value: 2,195,031

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $2,833,000
  • First Open Lien Mortgage Lender: CITIZENS BANK NA
  • First Open Lien Mortgage Recording Date: Apr 27, 2018
  • First Open Lien Mortgage Financing Type: unknown
  • First Open Lien Mortgage Loan Amount: $1,640,000
  • First Open Lien Mortgage Term: 299
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Apr 23, 2043
  • Second Open Lien Mortgage Lender: CITIZENS BANK NA
  • Second Open Lien Mortgage Recording Date: Sep 09, 2014
  • Second Open Lien Mortgage Loan Amount: $1,193,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: unknown
  • Second Open Lien Mortgage Loan Due Date: Sep 09, 2044

    Market Valuation

  • Market Total Value: $2,550,000
  • Market Land Value: $900,000
  • Market Improvement Value: $1,650,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,550,000
  • Assessed Land Value: $900,000
  • Assessed Improvements Value: $1,650,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 27, 2012
  • Current Sale Recording Date: Sep 28, 2012
  • Current Sale Transaction ID: 1205778302
  • Current Sale Price: $675,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 2012164298
  • Previous Sale Recording Date: Sep 21, 2012
  • Previous Sale Contract Date: Sep 19, 2012
  • Previous Sale Amount: $668,800
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: CITIZENS BANK NA
  • First Mortgage Transaction Date: Sep 28, 2012
  • First Mortgage Loan Amount: $540,000
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Sep 27, 2013

    Previous Mortgages

  • Previous Mortgage Lender: AMEGY BANK NA
  • Previous Mortgage Transaction Date: Sep 21, 2012
  • Previous Mortgage Loan Amount: $535,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: unknown

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
6 Baths
5,331 ft²
$803/ft²
$4,280,000 Aug 10, 2023
- Nov 30, -0001
-
House
5 Beds
5 Baths
3,996 ft²
$1,101/ft²
$4,400,000 Feb 1, 2024
- Nov 30, -0001
$2,195/mo
House
5 Beds
5 Baths
4,203 ft²
$999/ft²
$4,199,900 May 23, 2023
- Nov 30, -0001
$3,150/mo
House
5 Beds
7 Baths
5,377 ft²
$3,198,888 Sep 26, 2021
$2,879,000 - $3,517,000 Jan 18, 2022
$2,638/mo
Condo
3 Beds
4 Baths
2,570 ft²
$1,751/ft²
$4,500,000 Nov 27, 2023
- Nov 30, -0001
$2,000/mo
Land
Loft
-
-
$3,995,000 Nov 27, 2023
- Nov 30, -0001
$5,184/mo
House
6 Beds
4 Baths
3,642 ft²
$961/ft²
$3,500,000 Mar 21, 2024
-
-
House
5 Beds
6 Baths
5,460 ft²
$733/ft²
$3,999,999 Oct 20, 2023
-
$2,037/mo
In Contract
House
4 Beds
4 Baths
4,767 ft²
$838/ft²
$3,995,000 Nov 21, 2023
-
$4,079/mo
House
5 Beds
4 Baths
3,099 ft²
$1,289/ft²
$3,995,000 Nov 6, 2023
-
$3,500/mo
House
4 Beds
4 Baths
3,667 ft²
$1,145/ft²
$4,200,000 Feb 29, 2024
-
$2,178/mo
House
4 Beds
4 Baths
4,207 ft²
$832/ft²
$3,500,000 Nov 29, 2023
-
$2,937/mo

About Old West Austin


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Frequently Asked Questions

When was property at 1631 Palma Plaza built and last sold?
The property at 1631 Palma Plaza was built in 2016 and last sold on Sep 27, 2012 for $675,000.
How much is this home worth?
The estimated value of the home located at 1631 Palma Plaza is $4,292,500.
What are some comparable homes to 1631 Palma Plaza?
Homes that are comparable to 1631 Palma Plaza include a house property at 901 Wayside Drive, 1615 Waterston Avenue, 1000 Shelley Avenue.

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