501 West Ave # 2702, Austin TX 78701

Austin, TX 78701 | Fifth & West Residences Condominium

Off Market

Exterior view of 501 West Ave # 2702, Austin TX 78701

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Ed's Opinion of Value

$389,675 Ed's Estimate: $570,743 $656,450

Lowest Comp Recommended List: $633,000 to $644,000 Highest Comp

Reviewing the most recent comparable transactions, this home's market value falls around $570,743. For a well positioned listing in FIFTH & WEST RESIDENCES CONDOMINIUM, I'd target the $633,000 to $644,000 range. At this price, the property would be the most affordable of 7 comparable homes on the market comparable homes currently on the market in FIFTH & WEST RESIDENCES CONDOMINIUM. At 0.00 acres, the lot is smaller than the 0.11 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in FIFTH & WEST RESIDENCES CONDOMINIUM, listed between $610,000 and $679,900. Recent trends in 78701 show home values have fallen 23.9% since 6 months ago. The most comparable recent sale is 501 West Ave # 2202, Austin TX 78701, with an adjusted value of $617,000; a strong comparable. The 7 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

78701 Market Trends

$570,595 Median Sold Price ▼ 23.9% 6mo

$654/sqft Median $/SqFt ▼ 1.8% 6mo

123 days Avg Days on Market 12 days slower

239 homes Active Inventory 14.2 mo supply

94.7% Sale-to-List Ratio

101 Sales (6 months)

Recently Sold Comparables

$617,000 adjusted 501 West Ave # 2202, Austin TX 78701 1bd / 2.0ba • 846 sqft • 0.1 mi Sold 3 months ago

$599,625 adjusted 501 West Ave # 1202, Austin TX 78701 1bd / 1.0ba • 846 sqft • 0.2 mi Sold 5 months ago

$389,675 adjusted 800 Embassy DR # 210, Austin TX 78702 1bd / 1.0ba • 861 sqft • 1 mi Sold 4 months ago

$632,913 adjusted 44 East Ave # 2508, Austin TX 78701 2bd / 2.0ba • 793 sqft • 1.1 mi Sold 2 months ago

$656,450 adjusted 44 East Ave # 2309, Austin TX 78701 2bd / 2.0ba • 791 sqft • 1.1 mi Sold 11 months ago

Currently on Market

$629,999 501 West Ave # 2502, Austin TX 78701 2bd / 2.0ba • 846 sqft • 0.1 mi 90 days on market

$635,000 44 East Ave # 1909, Austin TX 78701 2bd / 2.0ba • 791 sqft • 1.1 mi 327 days on market

$615,000 44 East Ave # 2509, Austin TX 78701 2bd / 2.0ba • 791 sqft • 1.1 mi 384 days on market

1 Beds

2 Baths 1 Full, 1 Half

846 Sq Ft

0.0012 Acres

2018 Built

1 Garage

About This Property

Experience luxury living at Fifth & West Condominiums in the heart of downtown Austin. Unit 2702 is filled with natural light and features high ceilings, wood flooring throughout, and floor-to-ceiling windows showcasing stunning city views. The sleek Italkraft kitchen is equipped with Miele appliances, a gas cooktop, built-in oven, microwave, refrigerator, and wine fridge. The master suite offers private balcony access, a spa-like bath with marble flooring, a walk-in shower, dual vanity, and a spacious closet with a washer and dryer.

Fifth & West offers world-class amenities, including a 24-hour concierge, a pool deck with lounge seating and BBQ grills, a yoga room, a state-of-the-art fitness center, an indoor dog park, and an owner’s lounge with a chef’s kitchen. Residents also have access to rentable guest suites for $225 per night with a $75 cleaning fee. Conveniently located just blocks from Trader Joe’s, Whole Foods, Seaholm, and major tech hubs, this residence offers premier downtown living.

Features

Bar
Ceiling Fan(s)
Quartz Counters
Kitchen Island
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 Lease

Flooring Tile, Wood

Cooling Ceiling Fan(s), Central Air

Exterior Balcony

County Travis

MLS # 4133188

Garage 1 spaces

Listing History

MLS# 4133188 40 days

May 2, 2025	Off Market
Apr 17, 2025	Price Change	$3,700
Mar 20, 2025	Listed	$3,800

MLS# 9428990 65 days

May 31, 2024	Off Market
Mar 27, 2024	Listed		$895,000

MLS# 2258342 87 days

Aug 1, 2023	Off Market
Apr 12, 2023	Listed		$4,250

MLS# 3905169 39 days

Apr 8, 2022	Off Market
Feb 28, 2022	Listed		$4,295

MLS# 5467242 4 days

Feb 25, 2022	Off Market
Feb 3, 2022	Listed		$845,000

Frequently Asked Questions About 501 West Ave # 2702, Austin TX 78701

When was 501 West Ave # 2702, Austin TX 78701 built?

501 West Ave # 2702, Austin TX 78701 was built in 2018.

How much does 501 West Ave # 2702, Austin TX 78701 cost?

501 West Ave # 2702, Austin TX 78701 sold on May 2, 2025. Contact us for sale price details.

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