501 West Ave # 1301, Austin TX 78701

Austin, TX 78701 | Original City Of Austin

Ed's Opinion of Value

$1,088,670 Ed's Estimate: $1,483,953 $2,995,000
Lowest Comp Recommended List: $1,607,000 to $1,678,000 Highest Comp
Based on 7 closed sales in ORIGINAL CITY OF AUSTIN, the data points to a value around $1,483,953 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,607,000 to $1,678,000. This would position the home competitively among 3 active listings in ORIGINAL CITY OF AUSTIN. This home's larger footprint (107 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 0.00 acres versus 0.05 for the typical comp. With 3 similar homes currently listed in ORIGINAL CITY OF AUSTIN (a buyer's market), competition is a factor to consider. Market data shows 78701 prices fallen 26.2% over the last half year. The closest comparable sale, 501 West Ave # 804, Austin TX 78701 at an adjusted $1,088,670, is with a smaller floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus
2 Beds
2 Baths 2 Full
1,587 Sq Ft
0.001 Acres
2018 Built
2 Garage

About This Property

Welcome to 501 West Ave in the very heart of magnificent downtown Austin. Situated in one of the most trendy centers of lifestyle in the city, the 39-story Fifth and West Residences is the fourth-tallest all-residential tower in Austin and home to our spectacular 13th-floor condominium. This home in the sky boasts 1587 square feet, two ensuite bedrooms, a chef’s designed kitchen, a private balcony, and two exclusive parking spaces. But to put it simply, this space defies descriptors. Walk through the door and in front of you is a view that instantly adds millions of square feet of sensory experience with spectacular, indescribable views. The whole of downtown Austin has become your home, your newest painting, your latest work of art - a spectacular and unobstructed cityscape. Outside your window is The Independent - known to Austinites as the Jenga Building, the famous Zilker Park, Google’s “Block 185”, The Meta Building “Sixth and Guadalupe”, and Austin City Hall. Sit in your living room and witness the construction of the Conrad Building and the history-making Wilson Tower - soon to be the tallest building in all of Texas. At 501 West Ave., you own a front-row seat for city nightlife as only Austinites can do it. The Fifth and West building amenities are amazing with a state-of-the-art gym, guest suites for your visitors, a work lounge, a party space with a designer catering kitchen, a serenity pool with outstanding views, and a covered outdoor entertainment space for inspired partying. And lest we forget, a dog park to complete the Austin pet experience. Walk around the block to 32 world-class eateries, lounges, and bars. With Whole Foods and Trader Joe's at your service, the lifestyle is complete! Welcome to the Fifth and West Residences, the scenic 13th floor!

Features

  • Breakfast Bar
  • Double Vanity
  • Intercom
  • Kitchen Island
  • Open Floorplan
  • Primary Bedroom on Main
  • Recessed Lighting
  • Stackable W/D Connections

Location

Schools

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

Property Details

Property Type Residential
Flooring Stone, Wood
Cooling Central Air, Electric
Heating Central, Electric
Exterior Balcony
County Travis
MLS # 6081612
Garage 2 spaces

HOA & Community

HOA Fee $1,200 /Monthly
HOA Includes Common Area Maintenance, Gas, Insurance, Sewer, Trash

Listing History

MLS# 6081612 12 days (10 CDOM)
Mar 10, 2023 Off Market
Feb 16, 2023 Listed $1,650,000

Frequently Asked Questions About 501 West Ave # 1301, Austin TX 78701

When was 501 West Ave # 1301, Austin TX 78701 built?

501 West Ave # 1301, Austin TX 78701 was built in 2018.

How much does 501 West Ave # 1301, Austin TX 78701 cost?

501 West Ave # 1301, Austin TX 78701 sold on March 10, 2023. Contact us for sale price details.

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