501 West Ave # 1204, Austin TX 78701

Austin, TX 78701 | Fifth & West Residences

Ed's Opinion of Value

$849,000 Ed's Estimate: $1,100,263 $1,281,945
Lowest Comp Recommended List: $909,000 to $919,000 Highest Comp
After reviewing 4 recent transactions in FIFTH & WEST RESIDENCES, I estimate this property's value at $1,100,263. A competitive list price for this home right now would fall in the $909,000 to $919,000 range. This pricing would rank the home as the most expensive of 7 comparable homes on the market in FIFTH & WEST RESIDENCES's current inventory. The smaller lot (0.00 acres versus the area average of 0.08) contributes to the valuation. 7 similar homes are currently available in FIFTH & WEST RESIDENCES, creating a buyer's market for this price range. Prices in FIFTH & WEST RESIDENCES have risen 22.3% over the last 6 months. A similar home at 301 West Ave # 3802, Austin TX 78701 carries an adjusted comparable value of $1,141,713, providing a strong data point. The comp data here (4 sales in FIFTH & WEST RESIDENCES) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus
2 Beds
2 Baths 2 Full
1,327 Sq Ft
0.0019 Acres
2018 Built
2 Garage

About This Property

Welcome to 501 West Ave #1204, a luxurious two-bedroom, two-bathroom residence located in the prestigious Fifth and West Residences in downtown Austin, Texas. Boasting 1327 square feet of exquisite living space and two convenient parking spaces, this property offers an exceptional urban lifestyle. As you step inside, you'll be greeted by a light-filled oasis that showcases breathtaking views of both the Hill Country and downtown Austin. The open layout is perfect for entertaining, and the sleek kitchen is a chef's dream. It features Italkraft cabinetry, a quartz-topped island with a waterfall edge, and top-of-the-line Miele appliances, including a 5-burner gas cooktop and a 36" counter depth refrigerator. The owner's suite is a tranquil retreat, complete with blackout shades and an oversized walk-in closet adorned with custom Italian built-ins. Step out onto the private terrace to enjoy fresh air and breathtaking sunset views over the rolling hills of Westlake. With walls of glass and high ceilings, the condo feels incredibly spacious. This residence is equipped with modern conveniences, including keyless entry and smart home automation, ensuring a seamless and secure living experience. Fifth and West Residences redefine downtown living with their striking design, effortless ownership, and unbeatable location. Situated in the heart of the Market District, you'll have the best of Austin within walking distance. Explore the Austin Central Library, indulge in a variety of outdoor dining and nightlife options, browse the shelves at Bookpeople, shop at Whole Foods, or take a leisurely stroll along the hike and bike trail at Lady Bird Lake. Don't miss this opportunity to own a remarkable property that combines luxurious living, stunning views, and a prime downtown location. Experience the pinnacle of urban living at Fifth & West Residences.

Features

  • Breakfast Bar
  • Double Vanity
  • Kitchen Island
  • 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 Stone, Wood, See Remarks
Cooling Central Air
Heating Central
Exterior Balcony
County Travis
MLS # 2160797
Garage 2 spaces

HOA & Community

HOA Fee $1,142 /Monthly
HOA Includes Common Area Maintenance, See Remarks

Tax Information

Annual Taxes (MLS) $21,776 (2023)

Listing History

MLS# 2160797 40 days (240 CDOM)
Apr 25, 2024 Off Market
Feb 29, 2024 Listed $1,290,000

Frequently Asked Questions About 501 West Ave # 1204, Austin TX 78701

When was 501 West Ave # 1204, Austin TX 78701 built?

501 West Ave # 1204, Austin TX 78701 was built in 2018.

How much does 501 West Ave # 1204, Austin TX 78701 cost?

501 West Ave # 1204, Austin TX 78701 sold on April 25, 2024. Contact us for sale price details.

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