Ed's Opinion of Value

$911,172 Ed's Estimate: $1,651,278 $3,395,000
Lowest Comp Recommended List: $1,770,000 to $1,783,000 Highest Comp
Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,651,278. To generate strong buyer interest while maximizing value, I'd price this between $1,770,000 and $1,783,000. Against 5 similar active listings in ORIGINAL CITY OF AUSTIN, this price point lands at the 2nd most expensive of 5 comparable homes on the market. The 2018 construction puts this home 7 years newer than the comp average, a factor in the pricing. At 0.00 acres, the lot is smaller than the 0.04 acre comp average, which factors into pricing. Buyers in ORIGINAL CITY OF AUSTIN have 5 comparable options right now, with asking prices between $1,495,000 and $3,395,000. The trend in 78701 shows prices have fallen 14% in the past 6 months. 301 West Ave # 3805, Austin TX 78701 nearby adjusts to $2,357,943; a strong comparable. 7 comparable transactions in ORIGINAL CITY OF AUSTIN support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
2 Beds
3 Baths 2 Full, 1 Half
1,759 Sq Ft
0.0024 Acres
2018 Built
2 Garage

About This Property

STUNNING VIEWS FROM THE 13th LEVEL

This two bedroom, two-and-a-half bathroom corner residence overflows with natural light and features 270 degrees of sweeping North and Southeast city views. Fully outfitted with top end finishes including motorized window shades, hard wood floors, Miele appliance collection, built-in wine chiller and Savant home automation. Two parking spaces and storage unit included. Embrace a low-density, amenity-rich downtown lifestyle at Fifth & West. Lounge on the expansive pool deck overlooking the Capitol view corridor. Soak up the sun and the unobstructed views of the Capitol, Downtown, Lady Bird Lake and SoCo, as you get a much-needed respite from the Texas heat. Enjoy a cup of coffee at the coffee bar, and meet one of your neighbors on the pet verandah. The spacious and meticulously curated fitness center and yoga studio is the perfect place to get your heart rate up while achieving a little zen. Includes guest accommodations for your visitors. Your new Market District home feels like a hotel, yet it comes luxuriously without the hotel guests. Located close to the Hike and Bike Trail, the 2nd Avenue District, and the Seaholm development, Austin’s best shopping, nightlife, and restaurants are steps away from your front door.

Features

  • Granite Counters
  • Double Vanity
  • Entrance Foyer
  • Kitchen Island
  • Multiple Living Areas
  • Pantry
  • Primary Bedroom on Main
  • Recessed Lighting
  • 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 # 7797414

Parking

Garage 2 spaces

HOA & Community

HOA Fee $1,161 /Monthly
HOA Includes Gas, Insurance, Sewer, Trash, Water

Tax Information

Annual Taxes $26,278 (2021)

Listing History

MLS# 7797414 - Updated Mar 30, 2026 35 days
May 16, 2022 Off Market
Mar 23, 2022 Listed $1,750,000

Frequently Asked Questions About 501 West Ave # 1307, Austin TX 78701

When was 501 West Ave # 1307, Austin TX 78701 built?

501 West Ave # 1307, Austin TX 78701 was built in 2018.

How much does 501 West Ave # 1307, Austin TX 78701 cost?

501 West Ave # 1307, Austin TX 78701 sold on May 16, 2022. Contact us for sale price details.

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