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1811 Palma Plz, Austin, TX, 78703

2beds
1baths
1,164sqft
$550,000
$473price/sqft
$3,769/moest. monthly cost
$150,760/yrincome needed

About This Home

DEMO PERMIT APPROVED - Nestled in the highly sought-after Clarksville neighborhood, 1811 Palma Plaza offers an incredible opportunity just minutes from downtown Austin. This 1,164 sq. ft. home, built in 1938, sits on a spacious 8,181 sq. ft. lot, providing ample potential in one of the city’s most desirable and historic areas. Whether you envision a full remodel to preserve its classic charm or a complete teardown and redevelopment to create something entirely new, this property is ideally suited for your vision. A rare find in a prime location, perfect for those looking to invest in one of Austin’s best neighborhoods. Please, No Wholesalers: Net Worth Realty, New Western, Trident, Profit Homes, Aurumys. Please, No Wholesalers: Net Worth Realty, New Western, Trident, Profit Homes, Aurumys.

Getting Around

65
WalkingSomewhat Walkable
39
TransitSome Transit
91
BikeBiker's Paradise

Schools

10/10
Mathews Elementary SchoolGrades PK-60.4 mi
6/10
O Henry Middle SchoolGrades 6-80.6 mi
7/10
Austin High SchoolGrades 9-120.8 mi

Construction

Condition

  • Property condition: See Remarks
  • Year built: 1938

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Shingle

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: None

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 2

Features

  • See Remarks
  • Window features: None
  • Flooring: Wood
  • Number of fireplaces: 1
  • Fireplace features: See Remarks

Heating & Cooling

  • Heating features: See Remarks
  • Cooling features: Other

Interior Area

  • Total interior livable area: 1,164 sqft

Property

Accessibility

  • Accessibility features: See Remarks

Details

  • Parcel number: 01110409010000
  • Special condition: See Remarks

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: Covered,Front Porch
  • Exterior features: See Remarks
  • Fencing: Chain Link, Wood
  • Has view: Yes
  • View description: Neighborhood
  • Waterfront features: None

Lot

  • Lot size: 8,180 sqft
  • Features: None

Parking

  • Parking features: See Remarks

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Hail
Heat Wave
Tornado

FEMA Declared Disasters Across Texas Counties

Flood
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,781$33,372
Home Insurance *$160$1,920
Property Taxes $590$7,080
Electricity $238$2,859
Total$3,769$45,228
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$129,222/yr
40% on housing$113,070/yr
45% on housing$100,506/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.4%
6.4%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$473This listing

vs Other Active Listings

Avg $/sqft

ZIP 78703$610
Travis County$334

vs Homes Sold Last Month

Median $/sqft

ZIP 78703$629
Travis County$233

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-22Price change$550,000
2026-04-21Listed for sale$580,000
2026-04-13Contingent$580,000
2026-03-24Price change$580,000
2025-11-18Price change$689,000
2025-09-17Listed for sale$760,000

For Sale by Agent

AgentJoshua Brunsmann
Brokerage3rd Angle Realty LLC

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