My Search Tools:

$679,000 - 5216 Palermo Drive, Austin

3
Bedrooms
3
Baths
2,872
SQ. Feet
0.19
Acres

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.

Essential Information

  • MLS® #:
    3504807
  • Price:
    $679,000
  • Bedrooms:
    3
  • Bathrooms:
    3.00
  • Full Baths:
    2
  • Half Baths:
    1
  • Square Footage:
    2,872
  • Acres:
    0.19
  • Year Built:
    2016
  • Type:
    Residential
  • Sub-Type:
    Single Family Residence
  • Status:
    Active Under Contract

Community Information

  • Address:
    5216 Palermo Drive
  • Subdivision:
    Terra Colinas Ph 1
  • City:
    Austin
  • County:
    Travis
  • State:
    TX
  • Zip Code:
    78738

Amenities

  • Utilities:
    Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Cable Available
  • Features:
    Common Grounds/Area, Clubhouse, Community Mailbox, Pool, Curbs
  • Parking:
    Driveway, Garage Faces Front, Garage, Garage Door Opener, Assigned, Door-Multi, Enclosed, Inside Entrance, Side By Side
  • # of Garages:
    3
  • Garages:
    Garage Door Opener
  • View:
    None
  • Waterfront:
    None

Interior

  • Interior:
    Carpet, Tile, Wood
  • Appliances:
    Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Range Hood, Built-In Gas Range, Built-In Oven, Stainless Steel Appliance(s)
  • Heating:
    Central, Electric
  • Fireplace:
    Yes
  • # of Fireplaces:
    1
  • Fireplaces:
    Living Room, Gas Log
  • # of Stories:
    1
  • Stories:
    One

Exterior

  • Exterior Features:
    Exterior Steps, Private Yard, Rain Gutters, In-Wall Pest Control System
  • Lot Description:
    Back Yard, Interior Lot, Landscaped, Sprinklers Automatic, Sprinklers In Ground, Few Trees, Close to Clubhouse, Sprinklers In Front, Sprinklers In Rear, Trees Small Size
  • Roof:
    Asphalt, Shingle
  • Construction:
    Masonry, Stone Veneer, Brick Veneer
  • Foundation:
    Slab

School Information

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

Property Listed by: Compass Re Texas, Llc

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from April 26th, 2026 at 9:30am CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified.