Ed's Opinion of Value

$1,723,183 Ed's Estimate: $2,707,857 $3,549,813
Lowest Comp Recommended List: $2,063,000 to $2,073,000 Highest Comp
Taking into account 5 nearby comparable sales, this property's estimated value comes to $2,707,857. If we were to list this property today, I'd recommend a list price in the $2,063,000 to $2,073,000 range. This home's position in the current FIFTH &WEST RESIDENCES market: the most expensive of 4 comparable homes on the market among comparable properties. This home's larger footprint (202 sqft vs the comp average) plays a role in how the market prices it. With 4 similar homes currently listed in FIFTH &WEST RESIDENCES (a buyer's market), competition is a factor to consider. The 6 month price trend in 78701: fallen 25.6%. The best comp here is 200 Congress Ave # 48Y, Austin TX 78701 at an adjusted value of $3,549,813, with a larger floor plan. 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
3 Beds
3 Baths 3 Full
2,517 Sq Ft
0.0036 Acres
2018 Built
2 Garage

About This Property

Desirable 3 bedroom residence at the prestigious Fifth & West—offering exceptional scale, privacy, and design pedigree at the best price for this floor plan and SE view orientation. This 3-bedroom + study, 3-bath unit showcases sweeping southeast-facing views of the Austin skyline and Lady Bird Lake through floor-to-ceiling, UV-filtering windows. Designed for both entertaining and everyday living, it features two private terraces, a chef’s kitchen with a 10-ft quartz waterfall island, custom Italian cabinetry, Miele appliances, and a walk-in pantry. The dedicated study and sunlit primary suite include dual walk-in closets and a spa-inspired bath. Wide-plank white oak floors, motorized shades, Hansgrohe and Kohler fixtures, and keyless smart-home technology enhance the refined interior. Includes full-size laundry room, two premium parking spaces, and private storage. Fifth & West residents enjoy resort-style amenities including 24-hour concierge, pool, yoga and fitness studio, guest suites, pet park, and conference room. Designed by an award-winning team, this residence delivers the best of downtown living—panoramic views, thoughtful design, and timeless sophistication.

Features

  • Breakfast Bar
  • High Ceilings
  • Eat-in Kitchen
  • Multiple Living Areas
  • Pantry
  • 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
Cooling Central Air
Heating Central
Exterior See Remarks
County Travis
MLS # 6453079
Garage 2 spaces

HOA & Community

HOA Fee $2,259 /Monthly
HOA Includes Common Area Maintenance

Tax Information

Annual Taxes (MLS) $47,564 (2024)

Listing History

MLS# 6453079 233 days
Jan 22, 2026 Off Market
Nov 18, 2025 Price Change $2,099,000
May 1, 2025 Listed $2,600,000

Frequently Asked Questions About 501 West Ave # 2001, Austin TX 78701

When was 501 West Ave # 2001, Austin TX 78701 built?

501 West Ave # 2001, Austin TX 78701 was built in 2018.

How much does 501 West Ave # 2001, Austin TX 78701 cost?

501 West Ave # 2001, Austin TX 78701 sold on January 22, 2026. Contact us for sale price details.

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