501 West Ave # 1407, Austin TX 78701

Austin, TX 78701 | Fifth & West Residences

Ed's Opinion of Value

$910,759 Ed's Estimate: $1,873,779 $2,995,000
Lowest Comp Recommended List: $1,836,000 to $1,911,000 Highest Comp

Listing History

$1,530,000 List Price
$1,888,103 Comp Value
1 Price Reductions

This property was listed at $1,530,000 and withdrawn after 240 days on market. The price was reduced from $1,549,000 to $1,530,000. This listing activity factors into the valuation.

Based on 5 closed sales in FIFTH & WEST RESIDENCES, the data points to a value around $1,873,779 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,836,000 to $1,911,000. This would position the home competitively among 5 active listings in FIFTH & WEST RESIDENCES. Lot size matters here: 0.00 acres versus 0.12 for the typical comp. This estimate draws on 5 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
3 Baths 2 Full, 1 Half
1,759 Sq Ft
0.0024 Acres
2018 Built
2 Garage

About This Property

Experience the pinnacle of luxury living in one of downtown Austin’s most coveted high-rises—Fifth & West Residences. Perched on the 14th floor, this rare B3 floor plan—one of only nine ever built—offers an expansive 2-bedroom, 2.5-bath layout plus a dedicated study, designed for both functionality and elegance. Floor-to-ceiling windows showcase breathtaking, unobstructed panoramas spanning north, east, and south, flooding the space with natural light and offering a front-row seat to Austin’s evolving skyline. Inside, the home exudes sophistication with wide-plank oak flooring, soaring ceilings, and quartz countertops, all complemented by a chef-caliber kitchen outfitted with Miele appliances and custom Italkraft cabinetry. This residence boasts cutting-edge smart home technology, including automated blinds, lighting, and climate control, plus prewiring for sound and data—ensuring seamless integration for entertainment and convenience. The owner’s suite features an opulent spa-inspired bath with marble floors and a custom walk-in closet. Adding to its appeal, this unit comes with two premium reserved parking spaces on B1—directly across from the elevator for maximum convenience. Unlike other downtown towers, Fifth & West offers a boutique residential experience with just 154 residences across 39 floors, ensuring privacy and an elevated lifestyle. Residents enjoy access to over 20,000 square feet of world-class amenities, curated by renowned architect Michael Hsu. Highlights include multiple lounges, a catering kitchen, a pet park with wash stations, fitness and yoga studios, guest suites, and a stunning sky deck with resort-style pool. This unbeatable location places you steps from Trader Joe’s, Whole Foods, the Seaholm District, ACL Moody Theater, Republic Square Park, and the scenic Lady Bird Lake Hike & Bike Trail. Whether you’re looking for luxury, convenience, or an investment in one of Austin’s premier high-rises, this offering at Fifth & West is unparalleled.

Features

  • High Ceilings
  • Quartz Counters
  • Double Vanity
  • Electric Dryer Hookup
  • Elevator
  • In-Law Floorplan
  • Kitchen Island
  • Open Floorplan
  • Pantry
  • Primary Bedroom on Main
  • Recessed Lighting
  • Smart Home
  • Smart Thermostat
  • Walk-In Closet(s)
  • Washer Hookup
  • Wired for Data
  • Wired for Sound

Location

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, Other
Heating Central
Exterior Balcony
County Travis
MLS # 6397525
Garage 2 spaces

HOA & Community

HOA Fee $1,486 /Monthly
HOA Includes Common Area Maintenance, Gas, Hot Water, Insurance, Maintenance Structure, Parking, Security, Sewer, Trash, Water, See Remarks

Tax Information

Annual Taxes (MLS) $23,557 (2023)

Listing History

MLS# 8098561 34 days
Feb 24, 2025 Off Market
Jan 21, 2025 Listed $6,800

Frequently Asked Questions About 501 West Ave # 1407, Austin TX 78701

When was 501 West Ave # 1407, Austin TX 78701 built?

501 West Ave # 1407, Austin TX 78701 was built in 2018.

How much does 501 West Ave # 1407, Austin TX 78701 cost?

501 West Ave # 1407, Austin TX 78701 is currently off market.

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