501 West Ave # 3802, Austin TX 78701

Austin, TX 78701 | Fifth & West Residences Condominium

Ed's Opinion of Value

$2,311,840 Ed's Estimate: $2,969,313 $3,464,560
Lowest Comp Recommended List: $2,556,000 to $2,566,000 Highest Comp
My analysis of 4 comparable properties puts this home's estimated value at $2,969,313. Based on how the local market is moving, a list price between $2,556,000 and $2,566,000 would position this home well. This would position the home competitively among 6 active listings in FIFTH & WEST RESIDENCES CONDOMINIUM. Being 130 sqft larger than the average comparable sale in this area impacts the per square foot value. At 6 years newer than typical comps, the 2018 build date influences the valuation. 6 similar homes are currently available in FIFTH & WEST RESIDENCES CONDOMINIUM, creating a buyer's market for this price range. The 6 month price trend in 78701: fallen 23.9%. The best comp here is 200 Congress Ave # 48Y, Austin TX 78701 at an adjusted value of $3,464,560, with a smaller floor plan. The comp data here (4 sales in FIFTH & WEST RESIDENCES CONDOMINIUM) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus
3 Beds
4 Baths 3 Full, 1 Half
2,849 Sq Ft
2018 Built
2 Garage

About This Property

With over 2,800 square feet of luxury at your fingertips, the 38th floor junior penthouse is one of the most coveted and rare floor plans offered at Fifth & West. This stunning home features soaring ceilings and uninterrupted views of the Capitol, University of Texas, downtown, & Lady Bird Lake through floor-to-ceiling windows. The gourmet, chef-inspired kitchen forms the centerpiece of the home, with an oversized island with quartz waterfall edge, Italian Italkraft cabinetry, integrated wine fridge, & chef-appointed Miele appliances. The butler’s pantry adjacent to the kitchen houses everything you need to host a large party, including additional oven, dishwasher & extensive countertop & pantry for your prep & storage needs. Overlooking Lady Bird Lake, the secluded owner’s suite boasts spa-like luxury. Marble vanities & floors surround the soaking tub, frameless glass-enclosed shower & dual vanities. Two custom built closets complete the suite. Tucked away from the main living area is a study providing a practical & luxurious space with custom built in library shelves & desk for all of your work-from-home needs. The dining room & two spacious, well appointed secondary suites look out over the Capitol, downtown & the University of Texas. With state-of-the-art features, including a Savant home automation system which controls lights, temperature, & motorized window shades, the home is pre-wired for sound and has integrated keyless entry. Entrances to the building from W. 5th street take you to two deeded parking spots and a storage unit on the fourth floor. Fifth & West Residences’ resort-style amenities include concierge services, a conference room, lounge, pet verandah, fitness & yoga studios, and a pool with breathtaking panoramic views of downtown. Two fully furnished guest suites are available for exclusive use by resident’s guests. Located in the Market District, the Fifth & West Residences are located in the middle of it all!

Features

  • Bookcases
  • Built-in Features
  • High Ceilings
  • Quartz Counters
  • Double Vanity
  • Electric Dryer Hookup
  • Entrance Foyer
  • High Speed Internet
  • In-Law Floorplan
  • Kitchen Island
  • No Interior Steps
  • Open Floorplan
  • Pantry
  • Primary Bedroom on Main
  • Recessed Lighting
  • Smart Home
  • Smart Thermostat
  • Soaking Tub
  • Storage
  • Walk-In Closet(s)
  • Washer Hookup
  • Wired for Sound

Location

Schools

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

Property Details

Property Type Residential
Flooring No Carpet, Tile, Wood
Cooling Central Air, Electric
Heating Central, Electric
Exterior Balcony
County Travis
MLS # 4348628
Garage 2 spaces

HOA & Community

HOA Fee $1,921 /Monthly
HOA Includes Common Area Maintenance, Insurance, Landscaping, Maintenance Grounds, Maintenance Structure, Security

Tax Information

Annual Taxes (MLS) $41,548 (2021)

Listing History

MLS# 4348628 109 days
Dec 13, 2022 Off Market
Oct 24, 2022 Price Change $2,999,900
Jul 22, 2022 Listed $3,495,000

Frequently Asked Questions About 501 West Ave # 3802, Austin TX 78701

When was 501 West Ave # 3802, Austin TX 78701 built?

501 West Ave # 3802, Austin TX 78701 was built in 2018.

How much does 501 West Ave # 3802, Austin TX 78701 cost?

501 West Ave # 3802, Austin TX 78701 sold on December 13, 2022. Contact us for sale price details.

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