501 West Ave # 2404, Austin TX 78701

Austin, TX 78701 | Fifth & West Residences

Ed's Opinion of Value

$1,008,164 Ed's Estimate: $2,062,708 $2,476,666
Lowest Comp Recommended List: $2,477,000 to $2,641,000 Highest Comp
Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $2,062,708. To generate strong buyer interest while maximizing value, I'd price this between $2,477,000 and $2,641,000. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in FIFTH & WEST RESIDENCES. At 0.00 acres, the lot is smaller than the 0.08 acre comp average, which factors into pricing. With 7 similar homes currently listed in FIFTH & WEST RESIDENCES (a buyer's market), competition is a factor to consider. The trend in FIFTH & WEST RESIDENCES shows prices have risen 24.5% in the past 6 months. 44 East Ave # 2601, Austin TX 78701 nearby adjusts to $1,524,079; a strong comparable. The 6 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group
3 Beds
3 Baths 3 Full
2,009 Sq Ft
0.0029 Acres
2018 Built
2 Garage

About This Property

Spectacular Luxury Condo in the Heart of Downtown Austin! Built in 2019, Fifth & West Residences was designed by renowned interior design architect, Michael Hsu. This stunning upscale condo is located on the NW corner of the 24th floor and boasts a majestic open floor plan that features floor-to-ceiling windows with unobstructed panoramic west and north-facing views. Relax on the private terrace and enjoy epic views of Austin’s colorful sunsets. Featuring high-end, state-of-the-art features throughout including tall ceilings, wide plank oak floors, quartz countertops, Miele appliances, a built-in wine chiller, Hansgrohe plumbing fixtures, and marble floors & countertops in all of the bathrooms. Also featuring high-end smart features including a Savant integrated home automation system, window shade automation, keyless entry, and WIFI-enabled smart thermostats. It is also wired for sound and data. You’ll love the gourmet, chef-inspired kitchen, secluded owner’s suite with its spa-like luxury ensuite bathroom and amazing custom walk-in closet, and two generously spaced secondary bedrooms. This unit also comes with two parking spaces with an electric car charger station between the spaces. Fifth & West Residences offers the highest quality amenities, which are spread throughout various floors of the building. Residents enjoy concierge services, a conference room, lounge, dog park, fitness studio, grill & bar, and a pool with breathtaking panoramic views of downtown. Everything that makes Austin one of the most desirable cities in the world is right at your doorstep! Walk, bike, or scoot to nearby Trader Joe's, the Seaholm development, the new Central Austin Library, Sand Beach Park, Republic Square Park (Downtown Farmer’s Market), Violet Crown Cinema, Ballet Austin, Lady Bird Lake Hike & Bike Trail, amazing restaurants, shops, salons, and live music venues. Enjoy the highest end of living in the middle of everything that makes this ever-growing city so desirable!

Features

  • Breakfast Bar
  • High Ceilings
  • Quartz Counters
  • Double Vanity
  • Electric Dryer Hookup
  • High Speed Internet
  • Kitchen Island
  • No Interior Steps
  • Open Floorplan
  • Primary Bedroom on Main
  • Recessed Lighting
  • Smart Home
  • Smart Thermostat
  • Soaking Tub
  • Storage
  • Walk-In Closet(s)
  • Washer Hookup

Location

Schools

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

Property Details

Property Type Residential
Flooring Marble, Tile, Wood
Cooling Central Air, Electric
Heating Central, Electric
Exterior Balcony
County Travis
MLS # 6291819

Parking

Garage 2 spaces

HOA & Community

HOA Fee $1,357 /Monthly
HOA Includes Common Area Maintenance

Tax Information

Annual Taxes $28,270 (2021)

Listing History

MLS# 6291819 12 days (10 CDOM)
Jun 15, 2022 Off Market
Apr 21, 2022 Listed $2,395,000

Frequently Asked Questions About 501 West Ave # 2404, Austin TX 78701

When was 501 West Ave # 2404, Austin TX 78701 built?

501 West Ave # 2404, Austin TX 78701 was built in 2018.

How much does 501 West Ave # 2404, Austin TX 78701 cost?

501 West Ave # 2404, Austin TX 78701 sold on June 15, 2022. Contact us for sale price details.

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