1500 Summit ST # 5, Austin TX 78741
Ed's Opinion of Value
Listing History
This property was listed at $730,000 and withdrawn after 402 days on market. The price was reduced from $870,000 to $849,000. This listing activity factors into the valuation.
78741 Market Trends
Recently Sold Comparables
About This Property
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.
Features
- Ceiling Fan(s)
- Interior Steps
- Kitchen Island
- Smart Thermostat
- Walk-In Closet(s)
Location
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Schools
Property Details
HOA & Community
Tax Information
Listing History
| Jun 30, 2026 | Price Change | $4,500 | |
| Jun 20, 2026 | Listed | $4,995 |
| Jul 6, 2026 | Off Market | ||
| Jun 1, 2026 | Price Change | $730,000 | |
| May 8, 2025 | Listed | $899,000 |
| May 31, 2024 | Off Market | ||
| May 17, 2024 | Listed | $950,000 |
| Apr 1, 2023 | Off Market | ||
| Nov 12, 2022 | Listed | $1,110,000 |
| Jul 7, 2022 | Off Market | ||
| May 23, 2022 | Listed | $1,399,000 |
Frequently Asked Questions About 1500 Summit ST # 5, Austin TX 78741
When was 1500 Summit ST # 5, Austin TX 78741 built?
1500 Summit ST # 5, Austin TX 78741 was built in 2008.
How much does 1500 Summit ST # 5, Austin TX 78741 cost?
1500 Summit ST # 5, Austin TX 78741 is currently off market.
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