5216 Palermo DR
Austin, TX, 78738
$679,000
3 Beds
2.5 Baths
2,872 SqFt
0.19 Acres
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MLS #3504807 image #0
Nestled on a coveted east facing lot in the highly desirable Terra Colinas community, this stunning single-story home captivates from the moment you arrive. Its beautiful curb appeal, complemented by a 3-car garage, sets the tone for the thoughtful design that awaits inside. Step through the door to find an open, light-filled interior with intentional features throughout, including high ceilings and elegant crown moldings, along with beautiful hardwood flooring that flows seamlessly through the main living spaces. At the heart of the home is a chef-inspired kitchen that’s nothing short of a showstopper, offering abundant cabinetry, granite counters, built-in appliances including a gas range, a convenient butler’s pantry, and an oversized island, intentionally crafted for entertaining. The layout includes a dedicated home office for efficient remote work, while a bonus living area is thoughtfully tucked between the two secondary bedrooms, adding versatility to the design. The owners suite is a true retreat, featuring a tray ceiling, expansive walk-in closets, and a spa-inspired bath with dual vanities, a soaking tub, and a walk-in shower. Outside, you’ll enjoy the serene covered patio overlooking mature trees and the fenced backyard, ideal for relaxing evenings, morning coffee, and lively outdoor entertaining. Perfectly positioned between Summer Moon Coffee and the community pool, this home offers the ultimate in convenience and elevated living. Every detail has been designed with lifestyle and comfort in mind – this is the home you’ve been waiting for. 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.
Listing Provided Courtesy of Compass RE Texas, LLC

Property Details

Price:
$679,000
MLS #:
3504807
Status:
Active Under Contract
Beds:
3
Baths:
2.5
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Terra Colinas Ph 1
Listed Date:
Apr 9, 2026
Finished Sq Ft:
2,872
Lot Size:
8,398 sqft / 0.19 acres (approx)
Year Built:
2016
PoolCommunity Club HouseTerra Colinas Ph 1Lake Travis IsdBee CaveBee Cave Middle SchoolLake TravisNone

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Schools

School District:
Lake Travis ISD
Elementary School:
Bee Cave
Middle School:
Bee Cave Middle School
High School:
Lake Travis

Interior

Appliances
Built-In Gas Range, Built-In Oven(s), Dishwasher, Disposal, Exhaust Fan, Microwave, RNGHD, Stainless Steel Appliance(s), Gas Water Heater
Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air, Electric
Fireplaces Total
1
Flooring
Carpet, Tile, Wood
Heating
Central, Electric
Interior Features
Breakfast Bar, Ceiling Fan(s), High Ceilings, Chandelier, Quartz Counters, Double Vanity, Electric Dryer Hookup, French Doors, Kitchen Island, Multiple Living Areas, No Interior Steps, Open Floorplan, Pantry, Primary Bedroom on Main, Recessed Lighting, Soaking Tub, Storage, Study/Home Office, Walk-In Closet(s), Washer Hookup
Levels
One
Main Level Bedrooms
3

Exterior

Accessibility Features
None
Community Features
Clubhouse, Cluster Mailbox, Common Grounds, Pool
Covered Spaces
3
Direction Faces
East
Exterior Features
Exterior Steps, Gutters Partial, Pest Tubes in Walls, Private Yard
Fencing
Back Yard, Gate, Privacy, Wood
Garage Spaces
3
Lot Features
Back Yard, Close to Clubhouse, Curbs, Few Trees, Interior Lot, Landscaped, Sprinkler – Automatic, Sprinkler – Back Yard, Sprinklers In Front, Sprinkler – In-ground, Trees-Small (Under 20 Ft)
Other Structures
None
Parking Features
Assigned, Door-Multi, Driveway, Enclosed, Garage, Garage Door Opener, Garage Faces Front, Inside Entrance, Side By Side
Patio And Porch Features
Covered, Front Porch, Patio
Roof
Asphalt, Shingle
View
None
Waterfront Features
None
Window Features
Blinds, Double Pane Windows

Financial

HOA Fee
$250
HOA Fee Frequency
Quarterly
HOA Includes
Common Area Maintenance
HOA Name
Terra Colinas
Taxes
$16,658

Map

Community

Subdivisions in Austin

Market Summary

Current real estate data for Single Family in Austin as of May 06, 2026
3,883
Single Family Listed
80
Avg DOM
396
Avg $ / SqFt
$1,064,232
Avg List Price

Property Summary

    Located in the Terra Colinas Ph 1 subdivision, 5216 Palermo DR Austin TX is a Single Family for sale in Austin, TX, 78738. It is listed for $679,000 and features 3 beds, 3 baths, and has approximately 2,872 square feet of living space, and was originally constructed in 2016. The current price per square foot is $236. The average price per square foot for Single Family listings in Austin is $396. The average listing price for Single Family in Austin is $1,064,232. To schedule a showing of MLS#3504807 at 5216 Palermo DR in Austin, TX, contact your Stripe Realty agent at 512-439-2122.

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