501 WEST Ave # 2901, Austin TX 78701

Austin, TX 78701 | Fifth & West

Ed's Opinion of Value

$1,738,898 Ed's Estimate: $2,398,178 $3,264,063
Lowest Comp Recommended List: $2,107,000 to $2,117,000 Highest Comp
Based on what similar homes have actually sold for within a mile, I'd place this property's value at $2,398,178. I'd recommend coming to market at $2,107,000 to $2,117,000 to strike the right balance between value and market velocity. In the current FIFTH & WEST market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. Built in 2018, this home is 5 years newer than the average comp, which is reflected in the adjustments. The 0.00 acre lot (smaller than the 0.05 acre average) is reflected in the estimate. Buyers in FIFTH & WEST have 7 comparable options right now, with asking prices between $1,900,000 and $3,266,250. The trend in 78701 shows prices have fallen 5.5% in the past 6 months. 901 Theresa Ave, Austin TX 78703 nearby adjusts to $1,738,898; with a smaller floor plan. Based on 7 relevant data points in FIFTH & WEST, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX
3 Beds
3 Baths 3 Full
2,517 Sq Ft
2018 Built
2 Garage

About This Property

LIVE THE BEST AUSTIN HAS TO OFFER -
Gorgeous and rare "C1" floorplan at Fifth & West condominium; live right in the middle of everything that Austin has to offer. Located just one block from the Whole Foods flagship store, Book People, Anthropologie and a host of restaurant and nightlife options, you will always have something new and unique to walk to. Not sure where to go? Just a glance out the floor-to-ceiling windows and the city panorama will tell you if there is a new hotspot opening up. The breathtaking view spans from the Frost Tower past Lady Bird Lake out to the Hill Country. Thanks to the Capitol corridor, views from the unit will remain protected from any future developments in DT Austin. Step outside on your patio on cool evenings to enjoy a breeze with the view.

DAZZLING VIEWS AND DESIGNER FINISHES -
Beautiful 3 bedroom unit is grounded with wide-plank oak floors which add warmth and depth to the dramatic space. The central kitchen is outfitted with European cabinetry and a huge quartz island presiding over the view. The light-filled master bedroom features a floating wall that creates a cozy sleeping space plus a separate sitting/office space to easily work from home; a luxurious bath and two walk-in closets complete the suite. Materials throughout are designer-selected from the custom wallpaper to the gleaming light fixtures.

THE ULTIMATE LUXURY LIFESTYLE -
Designed for the ultimate luxury lifestyle, Fifth & West condominium provides for every need with a 24hr concierge. Residents enjoy stunning views from the sky deck patio, spa-like pool, fitness spaces and pet veranda with adjacent indoor owner lounger. Host a casual barbeque at the bar and grill or enjoy a movie in the media room. Two guest pieds-à-terre allow friends and family to spend the night on site. Working from home is accommodated with a business center and meeting room for the times you need to collaborate.

24Hr Advanced Showing Notice
MORE at www.5thandWestResidence.com

Features

  • High Ceilings
  • Entrance Foyer
  • 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 Marble, Wood
Cooling Central Air
Heating Central
Exterior Balcony, See Remarks
County Travis
MLS # 6514857
Garage 2 spaces

HOA & Community

HOA Fee $1,443 /Monthly
HOA Includes Electricity, Gas, Insurance, Trash

Tax Information

Annual Taxes (MLS) $40,794 (2020)

Listing History

MLS# 6514857 45 days (43 CDOM)
Dec 15, 2020 Off Market
Oct 28, 2020 Pending
Oct 19, 2020 Price Change $2,300,000
Sep 15, 2020 Listed $2,400,000

Frequently Asked Questions About 501 WEST Ave # 2901, Austin TX 78701

When was 501 WEST Ave # 2901, Austin TX 78701 built?

501 WEST Ave # 2901, Austin TX 78701 was built in 2018.

How much does 501 WEST Ave # 2901, Austin TX 78701 cost?

501 WEST Ave # 2901, Austin TX 78701 sold on December 15, 2020. Contact us for sale price details.

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