5200 Palermo Dr Austin, TX $ 725,000
5200 Palermo Dr
$ 725,000
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5200 Palermo Dr

Austin, TX, 78738
$ 725,000
Bedrooms4 Baths3.1 Sq 2,926

Monthly Estimate*

$ 4,464

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Single Family Home for sale in Austin, TX

for $725,000 with 4 bedrooms and 3 full baths, 1 half bath. This 2,926 square foot home was built in 2018 on a lot size of 0.2192.

Situated on a desirable east/north-east facing corner lot in the sought-after Terra Colinas community, this beautiful single-story home offers style, function, and an exceptional location near the neighborhood amenity center and popular Summer Moon Coffee. Built with timeless stone and brick masonry and framed by manicured landscaping, the home features a spacious three-car garage. Inside, the bright and inviting floor plan showcases tile flooring, crown molding, and abundant natural light. A private home office with French doors sits off the foyer, while the spacious formal dining room features a chandelier and sophisticated coffered ceiling - ideal for entertaining. The expansive living room with gas log fireplace flows into the chef-inspired kitchen, complete with a large island, granite countertops, generous cabinetry, and stainless-steel appliances with gas cooktop. The owner’s suite offers a relaxing retreat with tray ceiling, oversized walk-in closet, and spa-like bath featuring dual vanities, soaking tub, and walk-in shower. A private guest suite and two additional bedrooms connected by a Jack-and-Jill bath provide comfortable accommodations. Enjoy outdoor living on the covered patio overlooking the fenced backyard. Conveniently located minutes from Hill Country Galleria, Lake Travis, golf, and Hwy 71, and zoned to highly rated Lake Travis ISD schools, including Bee Cave Elementary, Bee Cave Middle, and Lake Travis High. Approximately 20 miles to Downtown Austin and 24 miles to the airport. Buyer to independently verify all info including but not limited to square footage, restrictions, taxes, schools, HOA dues, year built, etc.

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Single Family Active

Price

$ 725,000

Bedrooms

4

Full Bath

3

Half Bath

1

Property Type

Single Family

Taxes

$ 17,732

Style

Single Family Residence

Lot Size

0.2192

Year Built

2018

Town/City

Austin

County/Region

Travis

MLS | Web ID

2686351

Features
General
Living Area 2926
Sewer MUD
Heating Central Fireplace(s)
Cooling Ceiling Fan(s) Central Air
Utilities Cable Available Electricity Connected High Speed Internet Natural Gas Connected Sewer Connected Water Connected
Roof Composition Shingle
Appliances Built-In Oven(s) Dishwasher Disposal Gas Cooktop Microwave Stainless Steel Appliance(s)
HOA Fee 192
Garage Spaces 3
Association Fee Includes Common Area Maintenance
Patio/Porch Features Covered Patio
Pool Features None
Security Features Smoke Detector(s)
Construction Materials Brick Masonry – All Sides Stone
Year Built 2018
View None
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features None
Community Features Clubhouse Cluster Mailbox Common Grounds Pool
Accessibility None
Assoc Fee Paid Per Quarterly
County Travis
New Construction N
Property Type Residential
HOA Y
Energy Efficient None
Subdivision Name Terra Colinas Ph 1
Facing Direction East
Green Sustainability None
Other Structures None
Full Baths 3
Status Active
Directions From Austin take HWY 71 West toward Bee Cave. Continue to follow HWY 71 west and turn left onto Palermo Drive.
High School Lake Travis
City Austin
Disclosures Other Disclosures
Association Name Terra Colinas HOA
MLS Area LS
Lot Size Square Feet 9548.35
Elementary School Bee Cave
Tax Annual Amount 13985.51
Middle/Junior High School Lake Travis
Property Condition Resale
Additional Parcels Y/N N
Virtual Tour https://5200palermodr.com/idx https://5200palermodr.com/
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 746937
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Interior
Interior Amenities Breakfast Bar Ceiling Fan(s) Coffered Ceiling(s) Ceiling-High Tray Ceiling(s) Chandelier Granite Counters Crown Molding Double Vanity Eat-in Kitchen Entrance Foyer Kitchen Island Multiple Dining Area
Flooring Carpet Tile
Total Fireplaces 1
Fireplace Features Gas Log Living Room
Window Features Blinds Double Pane Windows
Half Baths 1
Total Bedrooms 4
Main Level Bedrooms 4
Total Baths 4
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Exterior
Exterior Amenities Exterior Steps Private Yard
Fencing Back Yard Fenced Gate Privacy Wood
Parking Features Attached Door-Multi Driveway Garage Garage Door Opener Garage Faces Front Garage Faces Side
Lot Features Back Yard Corner Lot Front Yard Landscaped Level Private
Water Source MUD
Total Parking 5
Foundation Details Slab
Lot Size Acres 0.2192
Waterfront Y/N N
Covered Spaces 3
Horse Y/N N
Horse Amenities None
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Internal Only
Street Number 1 5200
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* Excluded Features
List By
Elle Spikes

Listing Agent

Compass Re Texas, Llc

Broker

elle.spikes@compass.com

Email

Affordability Calculator

$5,942
Per Month
75%
25%
0%
Monthly Principal & Interest
$4,464
Monthly Property Taxes
$1,478
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4360829 Elementary School
4360246 Middle School
Lake Travis High School High School
Pricing History
DatePricePrice ChangeDescription
2/5/2026$725,000 Listed Price

Map


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5200 Palermo Dr, Austin, TX, 78738 is a Single Family Home for sale at $725,000 with 2,926 sqft and a lot size of 0.2192. 5200 Palermo Dr has 4 bedrooms, 3.1 baths, and was built in 2018. The property's zip code is 78738 which is in Austin, TX