501 West Ave # 3703, Austin TX 78701

Austin, TX 78701 | Fifth & West Residences

Ed's Opinion of Value

$2,545,995 Ed's Estimate: $3,327,432 $3,995,000
Lowest Comp Recommended List: $2,602,000 to $2,612,000 Highest Comp
The estimated value of this property is $3,327,432, based on 3 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $2,602,000 and $2,612,000. With 3 comparable homes on the market in FIFTH & WEST RESIDENCES, this price positions the property as the most expensive of 3 comparable homes on the market. At 339 sqft larger than the typical comp, the size difference factors into the valuation. Built in 2018, this home is 6 years newer than the average comp, which is reflected in the adjustments. With 3 similar homes currently listed in FIFTH & WEST RESIDENCES (a buyer's market), competition is a factor to consider. Recent trends in FIFTH & WEST RESIDENCES show home values have risen 24.5% since 6 months ago. The most comparable recent sale is 200 Congress Ave # 48Y, Austin TX 78701, with an adjusted value of $3,813,150; with a smaller floor plan. Based on 3 relevant data points in FIFTH & WEST RESIDENCES, 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
4 Baths 3 Full, 1 Half
2,822 Sq Ft
0.004 Acres
2018 Built
3 Garage

About This Property

Sweeping Austin Views from Penthouse Level. Situated on a penthouse level of the boutique Fifth & West building, this sprawling 3-bedroom, 3.5-bathroom condo boasts pinnacle Downtown Austin views. Light pours into the residence through a wall of windows and 10’6” ceilings that frame the skyline. Designed by Corbin Brady and perfect for entertaining, the functional open-concept layout flows seamlessly with wood floors and soaring ceilings from the kitchen into the living room, dining, and well-appointed custom bar area. Enjoy the iconic view of the Capitol building from the terrace. Modern Luxury Exudes from Every Detail. The exquisite kitchen boasts high-end stainless steel Miele appliances and gorgeous modern finishes where you can cook with a view. Rejuvenate in the impressive primary suite that features a sitting area, a private terrace, and a spa-like bathroom outfitted with dual sinks, a soaking tub and separate vanity. The two guest bedrooms feature walk-in closets and full bathrooms. This residence is complete with custom Italian closets, built in bar with ice maker, full-size wine fridge, motorized window shades, automated lighting, smart-home technology and three reserved parking spaces plus storage. Luxury Amenities in a Premier Location. Fifth & West offers a full suite of luxury amenities, including a resort-style pool and spa, a yoga studio, a fitness center, a dog park, and ample community areas. The residence is moments from the restaurants and nightlife on West Sixth Street, Whole Foods, and excellent shopping in the Market and Seaholm Districts. Easily stroll to the Hike-and-Bike Trail and Lady Bird Lake for exercise, kayaking, and paddle boarding. Furnishings negotiable.

Features

  • Breakfast Bar
  • Double Vanity
  • Kitchen Island
  • No Interior Steps
  • Open Floorplan
  • Primary Bedroom on Main

Location

Schools

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

Property Details

Property Type Residential
Flooring Stone, Tile, Wood
Cooling Central Air
Heating Central
Exterior Balcony
County Travis
MLS # 1150627

Parking

Garage 3 spaces

HOA & Community

HOA Fee $2,191 /Monthly
HOA Includes Common Area Maintenance, Gas, Insurance, Trash, Water

Tax Information

Annual Taxes $63,980 (2022)

Listing History

MLS# 1150627 112 days (110 CDOM)
Mar 9, 2023 Off Market
Oct 24, 2022 Listed $3,599,000

Frequently Asked Questions About 501 West Ave # 3703, Austin TX 78701

When was 501 West Ave # 3703, Austin TX 78701 built?

501 West Ave # 3703, Austin TX 78701 was built in 2018.

How much does 501 West Ave # 3703, Austin TX 78701 cost?

501 West Ave # 3703, Austin TX 78701 sold on March 9, 2023. Contact us for sale price details.

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