501 West Ave # 1402, Austin TX 78701

Austin, TX 78701 | Fifth & West Residences

Off Market

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Ed's Opinion of Value

$473,666 Ed's Estimate: $536,107 $704,000

Lowest Comp Recommended List: $634,000 to $662,000 Highest Comp

The market data from 7 similar recent sales in FIFTH & WEST RESIDENCES points to a value of approximately $536,107. To sell within a reasonable timeframe at fair market value, the $634,000 to $662,000 range is where I'd position this. Against 4 similar active listings in FIFTH & WEST RESIDENCES, this price point lands at the most affordable of 4 comparable homes on the market. The 2018 construction puts this home 5 years newer than the comp average, a factor in the pricing. The active market in FIFTH & WEST RESIDENCES includes 4 comparable homes priced from $650,000 to $704,000. In FIFTH & WEST RESIDENCES, home values have risen approximately 22.3% over the past 6 months. One of the strongest data points is 501 West Ave # 1202, Austin TX 78701, adjusting to $585,000; a strong comparable. 7 comparable transactions in FIFTH & WEST RESIDENCES 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

FIFTH & WEST RESIDENCES Market Trends

$645,000 Median Sold Price ▲ 22.3% 6mo

$688/sqft Median $/SqFt ▼ 2.5% 6mo

64 days Avg Days on Market 15 days faster

5 homes Active Inventory 10 mo supply

93.5% Sale-to-List Ratio

3 Sales (6 months)

Recently Sold Comparables

$585,000 adjusted 501 West Ave # 1202, Austin TX 78701 1bd / 1.0ba • 846 sqft • 0.1 mi Sold 6 months ago

$545,188 adjusted 222 West Ave # 1112, Austin TX 78701 1bd / 1.0ba • 821 sqft • 0.2 mi Sold 2 months ago

$593,348 adjusted 501 West Ave # 2202, Austin TX 78701 1bd / 2.0ba • 846 sqft • 0 mi Sold 4 months ago

$473,666 adjusted 360 Nueces ST # 3207, Austin TX 78701 1bd / 1.0ba • 852 sqft • 0.1 mi Sold 3 months ago

$548,886 adjusted 360 Nueces ST # 914, Austin TX 78701 1bd / 1.0ba • 832 sqft • 0.2 mi Sold 15 days ago

Currently on Market

$679,900 48 East Ave # 1804, Austin TX 78701 1bd / 1.0ba • 901 sqft • 1.2 mi 56 days on market

$700,000 48 East Ave # 2108, Austin TX 78701 1bd / 1.0ba • 803 sqft • 1.1 mi 1 days on market

$704,000 48 East Ave # 3008, Austin TX 78701 1bd / 1.0ba • 803 sqft • 1.1 mi 38 days on market

1 Beds

1 Baths 1 Full

846 Sq Ft

0.001 Acres

2018 Built

1 Garage

About This Property

Knockout Price for this large luxury condo! This condo will make the perfect Executive Pied a Terre or UT Party Pad! Fifth and West offers full luxury amenities such as 24 hour concierge, owner's lounge with chef's kitchen, living/party rooms, pool, dog spa and park, gym, workout rooms and guest accommodations. Designer finishes in this spacious 14th floor one bedroom include wood floors, quartz and marble counters, Miele appliances, view toward the lake from balcony. Walk to Whole Foods, Trader Joes, the Town Lake Trail and many hip restaurants, take a rickshaw to UT Games or the Moody Center. Fantastic price reduction, motivated seller!

Features

No Interior Steps
Primary Bedroom on Main
See Remarks

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 Barbecue, Dog Run, See Remarks

County Travis

MLS # 1570302

Garage 1 spaces

HOA & Community

HOA Fee $727 /Monthly

HOA Includes Common Area Maintenance, Maintenance Grounds, Maintenance Structure, Parking, Security

Listing History

MLS# 1570302 133 days

Oct 17, 2024	Off Market
Sep 23, 2024	Price Change	$595,000
May 17, 2024	Listed	$750,000

MLS# 8334717 19 days

Oct 12, 2024	Off Market
Sep 23, 2024	Listed		$3,800

MLS# 6712444 3 days

Jul 24, 2019	Off Market
Jul 21, 2019	Listed		$3,300

Frequently Asked Questions About 501 West Ave # 1402, Austin TX 78701

When was 501 West Ave # 1402, Austin TX 78701 built?

501 West Ave # 1402, Austin TX 78701 was built in 2018.

How much does 501 West Ave # 1402, Austin TX 78701 cost?

501 West Ave # 1402, Austin TX 78701 sold on October 17, 2024. Contact us for sale price details.

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