5603 Palisade CT, Austin TX 78731

Austin, TX 78731 | Cliff Over Lake Austin

Off Market

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Ed's Opinion of Value

$994,860 Ed's Estimate: $1,203,174 $2,750,000

Lowest Comp Recommended List: $1,510,000 to $1,733,000 Highest Comp

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,203,174. To generate strong buyer interest while maximizing value, I'd price this between $1,510,000 and $1,733,000. In the current CLIFF OVER LAKE AUSTIN market with 3 similar homes available, this price represents the most affordable of 3 comparable homes on the market. Being 175 sqft larger than the average comparable sale in this area impacts the per square foot value. At 0.71 acres, the lot is larger than the 0.23 acre comp average, which factors into pricing. Right now, 3 similar properties are competing for buyers in CLIFF OVER LAKE AUSTIN, listed between $1,480,000 and $2,750,000. The trend in 78731 shows prices have fallen 16.7% in the past 6 months. 6008 Bon Terra DR, Austin TX 78731 nearby adjusts to $1,346,493; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group

78731 Market Trends

$1,020,000 Median Sold Price ▼ 16.7% 6mo

$398/sqft Median $/SqFt ▼ 10.1% 6mo

79 days Avg Days on Market 31 days slower

96 homes Active Inventory 4.3 mo supply

94.7% Sale-to-List Ratio

134 Sales (6 months)

Recently Sold Comparables

$1,346,493 adjusted 6008 Bon Terra DR, Austin TX 78731 4bd / 4.0ba • 3,053 sqft • 1 mi Sold 13 days ago

$1,757,618 adjusted 3923 Glengarry DR, Austin TX 78731 4bd / 4.0ba • 3,154 sqft • 0.9 mi Sold 2 months ago

$994,860 adjusted 5913 N West PL, Austin TX 78731 3bd / 3.0ba • 3,052 sqft • 0.6 mi Sold 2 months ago

$1,043,197 adjusted 5926 N West PL, Austin TX 78731 4bd / 4.0ba • 2,807 sqft • 0.6 mi Sold 6 days ago

$1,225,598 adjusted 5503 Courtyard DR, Austin TX 78731 3bd / 4.0ba • 2,848 sqft • 1.1 mi Sold 7 months ago

Currently on Market

$2,750,000 4407 Waterford PL, Austin TX 78731 3bd / 3.0ba • 3,440 sqft • 0.6 mi 66 days on market

$1,480,000 5507 Mount Bonnell RD, Austin TX 78731 4bd / 3.0ba • 2,588 sqft • 0.3 mi 135 days on market

$1,899,000 6209 Ledge Mountain DR, Austin TX 78731 4bd / 3.0ba • 3,443 sqft • 0.9 mi 1 days on market

3 Beds

4 Baths 3 Full, 1 Half

3,013 Sq Ft

0.7055 Acres

1985 Built

2 Garage

About This Property

This lovely home is located in a quiet neighborhood, nestled amongst the trees with a beautiful view overlooking Lake Austin. The home offers privacy and tranquility as it is situated on a 0.7 acre lot at the end of a culdesac. New owners will be able to enjoy the excitement and convenience of its central location, while also enjoying the tranquility of its natural setting. The primary bedroom and living space are located on the entry level.

Features

Bidet
Bookcases
Breakfast Bar
Built-in Features
Ceiling Fan(s)
High Ceilings
Laminate Counters
Electric Dryer Hookup
Eat-in Kitchen
In-Law Floorplan
Interior Steps
Kitchen Island
Multiple Dining Areas
Multiple Living Areas
Natural Woodwork
Pantry
Primary Bedroom on Main
Recessed Lighting
Soaking Tub
Storage
Walk-In Closet(s)
Washer Hookup

Location

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Schools

School District Austin ISD

Elementary Highland Park

Middle School Lamar (Austin ISD)

High School McCallum

Property Details

Property Type Residential

Flooring Carpet, Concrete, Laminate, Vinyl

Cooling Ceiling Fan(s), Central Air, Electric

Heating Central, Electric, Fireplace(s), Hot Water

Exterior Balcony, Exterior Steps, Electric Grill, Gutters Full, Lighting, Private Entrance, Private Yard

County Travis

MLS # 4672178

Parking

Garage 2 spaces

HOA & Community

HOA Fee $264 /Annually

HOA Includes Common Area Maintenance

Tax Information

Annual Taxes $21,144 (2024)

Listing History

MLS# 4672178 - Updated Mar 18, 2026 22 days (20 CDOM)

Feb 28, 2025	Off Market
Dec 10, 2024	Listed		$975,000

Frequently Asked Questions About 5603 Palisade CT, Austin TX 78731

When was 5603 Palisade CT, Austin TX 78731 built?

5603 Palisade CT, Austin TX 78731 was built in 1985.

How much does 5603 Palisade CT, Austin TX 78731 cost?

5603 Palisade CT, Austin TX 78731 sold on February 28, 2025. Contact us for sale price details.

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