501 West Ave # 3002, Austin TX 78701

Austin, TX 78701 | Fifth & West Residences

Ed's Opinion of Value

$389,675 Ed's Estimate: $554,970 $679,900
Lowest Comp Recommended List: $644,000 to $656,000 Highest Comp
Reviewing the most recent comparable transactions, this home's market value falls around $554,970. For a well positioned listing in FIFTH & WEST RESIDENCES, I'd target the $644,000 to $656,000 range. In the current FIFTH & WEST RESIDENCES market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.13 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in FIFTH & WEST RESIDENCES; a buyer's market based on recent absorption. Recent trends in FIFTH & WEST RESIDENCES show home values have risen 24.5% since 6 months ago. The most comparable recent sale is 501 West Ave # 1202, Austin TX 78701, with an adjusted value of $599,625; 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
1 Beds
2 Baths 1 Full, 1 Half
846 Sq Ft
0.0012 Acres
2018 Built
1 Garage

About This Property

Fifth & West is located in the Market District with the best of downtown Austin right outside your doorstep. This sensational 1 bedroom, 1 ½ bathroom condo offers high ceilings, LED recessed lighting, gorgeous hardwood & marble flooring, and sleek modern finishes throughout. The chef's kitchen features a large center island and breakfast bar that provides counter seating, quartz countertops, Italkraft modern cabinetry, integrated under cabinet lighting, and premier Miele stainless-steel appliances - including a built-in oven, microwave, dishwasher, and a gas cooktop with a low-profile vent hood. Well-designed for hosting family and friends, the kitchen opens to the living and dining area backed by large-scale windows with motorized shades that frame incredible city, lake, and Hill Country views. The primary bedroom is a great size with hardwood flooring, a large walk-in closet, and direct access to a private terrace where you can sip your morning coffee or relax in the evenings while experiencing the spectacular sunsets. Rejuvenate and refresh in the sumptuous ensuite bath, well-appointed with a marble-topped double vanity and an extra-large frameless walk-in shower with a bench seat. This condo includes 1 reserved parking garage space and accompanying storage unit. Fifth & West provides 5-star amenities to its residents including 24/7 concierge, package services, a resident lounge, a pet verandah with wash stations, a state-of-the-art fitness center, yoga studio, a sky deck with a sparkling resort-style pool, reserved garage parking, & more! From Whole Foods to Trader Joe’s, Butler Hike & Bike to the Shoal Creek Trail, Sammie’s Italian to Fixe Southern, or Roosevelt Room to the Moody Theater, you’re just steps from the best of Austin. Schedule a showing today!

Features

  • Ceiling Fan(s)
  • High Ceilings
  • Tray Ceiling(s)
  • Quartz Counters
  • Double Vanity
  • Electric Dryer Hookup
  • Eat-in Kitchen
  • Kitchen Island
  • No Interior Steps
  • Open Floorplan
  • Primary Bedroom on Main
  • Recessed Lighting
  • Stackable W/D Connections
  • Walk-In Closet(s)
  • Washer Hookup
  • Wired for Sound
  • See Remarks

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
County Travis
MLS # 5922963

Parking

Garage 1 spaces

HOA & Community

HOA Fee $661 /Monthly
HOA Includes Common Area Maintenance, Gas, Sewer, Trash, Water

Listing History

MLS# 5922963 62 days (61 CDOM)
Feb 28, 2023 Off Market
Nov 10, 2022 Listed $835,000

Frequently Asked Questions About 501 West Ave # 3002, Austin TX 78701

When was 501 West Ave # 3002, Austin TX 78701 built?

501 West Ave # 3002, Austin TX 78701 was built in 2018.

How much does 501 West Ave # 3002, Austin TX 78701 cost?

501 West Ave # 3002, Austin TX 78701 sold on February 28, 2023. Contact us for sale price details.

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