Ed's Opinion of Value

$911,172 Ed's Estimate: $2,041,728 $2,950,000
Lowest Comp Recommended List: $1,588,000 to $1,598,000 Highest Comp
After reviewing 7 recent transactions in ORIGINAL CITY OF AUSTIN, I estimate this property's value at $2,041,728. A competitive list price for this home right now would fall in the $1,588,000 to $1,598,000 range. This home's position in the current ORIGINAL CITY OF AUSTIN market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. At 5 years newer than typical comps, the 2018 build date influences the valuation. The smaller lot (0.00 acres versus the area average of 0.05) contributes to the valuation. Right now, 7 similar properties are competing for buyers in ORIGINAL CITY OF AUSTIN, listed between $1,465,000 and $2,950,000. Prices in 78701 have fallen 14% over the last 6 months. A similar home at 301 West Ave # 3805, Austin TX 78701 carries an adjusted comparable value of $2,357,943, providing a strong data point. With 7 comparable sales in ORIGINAL CITY OF AUSTIN, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group
2 Beds
3 Baths 2 Full, 1 Half
1,759 Sq Ft
2018 Built
2 Garage

About This Property

*1 year of HOA dues included* Walls of glass span 270 degrees with sweeping views north and southeast overlooking the highly coveted Capitol view corridor in this 1,759 sq. ft., 2-bedroom, 2-bathroom + study residence. Skyline vistas extend into the light filled owner’s suite, which also features a large walk-in closet and luxurious spa bath. The chef’s kitchen has environmentally-friendly Miele appliances, sleek Italian ceiling-height cabinetry, and a quartz island with beautiful waterfall edge. Wide-plank hardwood floors, and soaring 9+ft. ceilings lend the space an effortlessly modern and understated style. The city-view terrace is perfect for your morning coffee or evening cocktails and an efficient office space separated from the living area is perfect for your at home work or studying. A side-by-side laundry and kitchen pantry make this condo feel like a home. With motorized window shades for privacy, and parking for two cars this residence has all that you are looking for.
Conceived by an award-winning architecture and design team, Fifth and West is a low-density luxury community packed with amenities. Live within walking distance to the Austin Central Library, Whole Foods, the hike and bike trail at Lady Bird Lake, and everything the Market District and Downtown Austin has to offer.

Features

  • Entrance Foyer
  • Pantry
  • Primary Bedroom on Main
  • Walk-In Closet(s)

Location

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Schools

School District Austin ISD
Elementary Mathews
Middle School O Henry
High School Austin

Property Details

Property Type Residential
Flooring Marble, Wood
Cooling Central Air
Heating Central
Exterior Balcony, Barbecue, Dog Run
County Travis
MLS # 5356806

Parking

Garage 2 spaces

HOA & Community

HOA Fee $989 /Monthly
HOA Includes Common Area Maintenance, Gas, Insurance, Sewer, See Remarks

Tax Information

Annual Taxes $24,798 (2019)

Listing History

MLS# 5356806 - Updated Mar 30, 2026 71 days
Dec 4, 2020 Off Market
Nov 27, 2020 Pending
Oct 17, 2020 Price Change $1,450,000
Sep 17, 2020 Listed $1,550,000

Frequently Asked Questions About 501 West Ave # 907, Austin TX 78701

When was 501 West Ave # 907, Austin TX 78701 built?

501 West Ave # 907, Austin TX 78701 was built in 2018.

How much does 501 West Ave # 907, Austin TX 78701 cost?

501 West Ave # 907, Austin TX 78701 sold on December 4, 2020. Contact us for sale price details.

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