501 West Ave # 1202, Austin TX 78701

Austin, TX 78701 | Fifth & West Residences

Ed's Opinion of Value

$444,436 Ed's Estimate: $480,394 $629,000
Lowest Comp Recommended List: $380,000 to $390,000 Highest Comp
Based on 7 closed sales in FIFTH & WEST RESIDENCES, the data points to a value around $480,394 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $380,000 to $390,000. Buyers shopping in FIFTH & WEST RESIDENCES right now would see this as a well positioned option among 7 comparable homes. Being built in 2018 (6 years newer than comps) is factored into the value estimate. With 7 similar homes currently listed in FIFTH & WEST RESIDENCES (a buyer's market), competition is a factor to consider. Market data shows FIFTH & WEST RESIDENCES prices risen 22.3% over the last half year. The closest comparable sale, 222 West Ave # 1112, Austin TX 78701 at an adjusted $536,971, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in FIFTH & WEST RESIDENCES. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group
1 Beds
1 Baths 1 Full
846 Sq Ft
2018 Built
1 Garage

About This Property

PRICE REDUCTION! Spacious 1 bedroom / 1 bathroom West facing condo at 5th&West Residences. Upon entering you will find a large kitchen with a waterfall quartz counter island with bar seating, custom cabinetry, state of the art Miele appliances and wine fridge. The entire condo features hardwood flooring throughout, electronic shades, recessed lighting and large picture windows that bring in tons of natural light. Use the extra space in the living room for a dining room, home office, reading nook or addtional seating area. In the bedroom you'll find floor to ceiling sliding glass doors that lead out to the balcony with panoramic views of Downtown Austin. The beautiful marble ensuite features a dual vanity, seamless glass shower and walk in closet. 1 parking spot with an EV CHARGING STATION & ONE LARGE STORAGE SPACE ($50k value) INCLUDED! Enjoy stunning building amenities designed by award winning Michael Hsu including the owner's lounge with multiple lounge areas, a chef's kitchen and large dining space perfect for entertaining. The state of the art fitness center features a yoga / spin room as well as a separate gym with state of the art equipment. Outside is the sky deck where you can take in the city skyline views and grilling areas leading out to the beautiful resort style pool deck. 2 guest suites are located on the amenity floor and can be reserved for a fee for your guests. Walk to Lady Bird Lake/Hike & Bike Trail, Whole Foods, Trader Joe's, 2nd St District, Seaholm District, West 6th St and all that Downtown ATX has to offer. Truly an amazing location and sought after luxury building! 1st year interest rate BUY DOWN offered from preferred lender Chandra Carthrae with Supreme Lending

Features

  • Breakfast Bar
  • High Ceilings
  • Stone Counters
  • Kitchen Island
  • No Interior Steps
  • Primary Bedroom on Main
  • Recessed Lighting
  • Walk-In Closet(s)

Location

Schools

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

Property Details

Property Type Residential
Flooring Tile, Wood
Cooling Central Air
Heating Central
Exterior Balcony
County Travis
MLS # 1228231
Garage 1 spaces

HOA & Community

HOA Fee $758 /Monthly
HOA Includes Common Area Maintenance, Gas, Insurance, Trash, Water

Tax Information

Annual Taxes (MLS) $12,685 (2025)

Listing History

MLS# 1228231 51 days
Nov 19, 2025 Off Market
Sep 26, 2025 Price Change $599,900
Aug 13, 2025 Listed $649,500

Frequently Asked Questions About 501 West Ave # 1202, Austin TX 78701

When was 501 West Ave # 1202, Austin TX 78701 built?

501 West Ave # 1202, Austin TX 78701 was built in 2018.

How much does 501 West Ave # 1202, Austin TX 78701 cost?

501 West Ave # 1202, Austin TX 78701 sold on November 19, 2025. Contact us for sale price details.

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