30
Map
$2,995,000
●
House -
For Sale
1803 Palma PLZ
Austin, TX 78703
4 Beds
4 Baths
2,866 Ft²
$17,592
Est. Monthly
About This Property
Originally built in 1936 and masterfully reimagined by esteemed
architect Tina Contros, this sophisticated residence in the heart
of Old West Austin is a true architectural gem. Thoughtfully
curated with refined finishes and elegantly proportioned spaces,
the home effortlessly balances gracious entertaining with an
elevated everyday lifestyle. Two beautifully appointed suites
mirror one another in both scale and design, each offering abundant
natural light and well-considered amenities that create a sense of
harmony and retreat. The result is a layout that feels both
intentional and indulgent. Beyond the interiors, a private and
inviting pool setting provides a serene escape, complemented by a
detached guest house ideal for recreation or hosting overflow
guests in comfort and style. Timeless in character yet seamlessly
updated for modern living, this exceptional property is, in every
sense, a true work of art.
Unit Size
2,866 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$1,045
Property Type
House
Property Taxes
$2,886
HOA Dues
-
Year Built
1936
Listed By
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100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 6 months ago (Unlock MLS #ACT7322637)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 1, 2026 | Listed by Gottesman Residential R.E. | $2,995,000 | |
| Listed by Gottesman Residential R.E. | |||
Property Highlights
Parking Available
Fireplace
Parking Details
Parking Features: Driveway, Off Street
Interior Details
Full Bathrooms: 4
Interior Features: Granite Counters, Kitchen Island, Pantry, Two Primary Suties, Ceiling-High, Interior Steps, Primary Bedroom on Main, Stackable W/D Connections
Appliances: Built-In Refrigerator, Dishwasher, Disposal, Gas Range, Stainless Steel Appliance(s), Tankless Water Heater, RNGHD
Flooring Type: Concrete, Tile, Wood
Has Fireplace
Fireplace Features: Living Room, Ventless
Fireplaces: 1
Exterior Details
Square Footage: 2866
Square Footage Source: $0
Green Sustainability
Property Condition: Resale
Year Built Source: Public Records
Year Built: 1936
Waterfront Features: None
Levels: Two
Other Structures: Guest House
Window Features: Window Treatments
Construction Materials: Brick, Vertical Siding
Patio and Porch Features: Front Porch, Rear Porch
Pool Features: Heated, In Ground
Pool is Private
Lot Features: Back Yard, Interior Lot
Lot Size Area: 8450.64
Lot Size Units: Square Feet
Lot Size Acres: 0.194
Lot Size Square Feet: 8450.64
Water Source: Public
Financial Details
Tax Map Number: 18
Tax Assessed Value: $2,032,063
Tax Annual Amount: $34,628
Utilities Details
Cooling Type: Electric
Heating Type: Electric
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Asking Price
Listed On
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HOA + Taxes
About Old West Austin
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Listed by: Laura Gottesman
Listed Office: Gottesman Residential R.E. - Listing courtesy of Unlock MLS
Phone: (512) 451-2422
Last Updated: 2026-06-02 04:08:04
Data Source: Unlock MLS, MLS# ACT7322637
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Gottesman Residential R.E. - Listing courtesy of Unlock MLS
Phone: (512) 451-2422
Last Updated: 2026-06-02 04:08:04
Data Source: Unlock MLS, MLS# ACT7322637
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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