555 E 5th ST # 829, Austin TX 78701

Austin, TX 78701 | Five Fifty Condo

Ed's Opinion of Value

$539,000 Ed's Estimate: $819,933 $999,000
Lowest Comp Recommended List: $541,000 to $551,000 Highest Comp
Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $819,933. To generate strong buyer interest while maximizing value, I'd price this between $541,000 and $551,000. With 3 comparable homes on the market in FIVE FIFTY CONDO, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. At 182 sqft larger than the typical comp, the size difference factors into the valuation. 3 similar homes are currently available in FIVE FIFTY CONDO, creating a buyer's market for this price range. The trend in 78701 shows prices have fallen 24.1% in the past 6 months. 360 Nueces ST # 2105, Austin TX 78701 nearby adjusts to $761,183; with a smaller floor plan. The 4 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
1,469 Sq Ft
0.004 Acres
2004 Built
1 Garage

About This Property

This luxury downtown Austin condo is located in the 5 Fifty Five building above the Hilton Hotel. Two balconies overlook Fourth Street, via the incredible east, south, and southwest exposure. Take in the skyline through floor-to-ceiling windows in the great room that offers balcony access. The massive kitchen is outfitted with high-end stainless steel appliances, including an updated Bosch dishwasher and a Viking stove, refrigerator, and microwave. Enjoy city views in the expansive primary suite with floor-to-ceiling windows and a sliding glass door to the second balcony. The spa-like primary bathroom features custom built-ins, dual sinks, a glass-enclosed shower, and a soaking tub. The walk-in California Closet is a dream with custom storage to suit the space. The residence also features a well-appointed walk-in laundry room with a front-load LG washer and dryer, and the unit is complete with a powder room. Three wall-mounted TVs in the great room, primary bedroom, and the guest bedroom are also included in the sale. This residence is located on the same floor as the fitness center and swimming pool complex. Single and family memberships are available and include access to an exercise/weight room, a restroom with a locker, a sauna, a Jacuzzi, an outdoor saltwater pool, and a fully stocked bar with access to food from the Hilton restaurant. Ownership in the building is also accompanied by desirable discounts on Hilton-related perks and amenities such as hotel rooms for visiting friends and family, the hotel bar and restaurant, UPS printing and packaging, and Starbucks. The building boasts top-of-the-line service, including a concierge operated daily from 10 am-6 pm, security on duty from 10pm-6 am, and dedicated maintenance. This unit comes with protected parking spaces near elevators and a storage space with a Fire King safe inside. 24HR Showing Notice. Taxes are estimates based on 2021 rate and 2022 assessed value. All tax figures should be independently verified.

Features

  • Breakfast Bar
  • Granite Counters
  • Entrance Foyer
  • Kitchen Island
  • No Interior Steps
  • Primary Bedroom on Main
  • Recessed Lighting

Location

Schools

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

Property Details

Property Type Residential
Flooring Tile, Wood
Cooling Central Air
Heating Central
Exterior Balcony
County Travis
MLS # 3350697

Parking

Garage 1 spaces

HOA & Community

HOA Fee $999 /Monthly
HOA Includes Common Area Maintenance, Gas, Insurance, Trash, Water

Tax Information

Annual Taxes $9,909 (2022)

Listing History

MLS# 3350697 129 days (251 CDOM)
Feb 21, 2023 Off Market
Jan 23, 2023 Price Change $699,000
Sep 19, 2022 Listed $925,000

Frequently Asked Questions About 555 E 5th ST # 829, Austin TX 78701

When was 555 E 5th ST # 829, Austin TX 78701 built?

555 E 5th ST # 829, Austin TX 78701 was built in 2004.

How much does 555 E 5th ST # 829, Austin TX 78701 cost?

555 E 5th ST # 829, Austin TX 78701 sold on February 21, 2023. Contact us for sale price details.

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