555 E 5th ST # 3022, Austin TX 78701

Austin, TX 78701 | Five Fifty Condo

Ed's Opinion of Value

$2,292,585 Ed's Estimate: $2,956,498 $4,218,948
Lowest Comp Recommended List: $2,897,000 to $3,016,000 Highest Comp

Listing History

$2,698,000 List Price
$3,400,441 Comp Value
0 Price Reductions

This property was listed at $2,698,000 and expired after 230 days on market. This listing activity factors into the valuation.

The market data from 4 similar recent sales in FIVE FIFTY CONDO points to a value of approximately $2,956,498. To sell within a reasonable timeframe at fair market value, the $2,897,000 to $3,016,000 range is where I'd position this. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in FIVE FIFTY CONDO. This home's larger footprint (223 sqft vs the comp average) plays a role in how the market prices it. The 2004 construction puts this home 11 years older than the comp average, a factor in the pricing. 4 comparable transactions in FIVE FIFTY CONDO support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
3 Beds
3 Baths 2 Full, 1 Half
3,638 Sq Ft
0.009 Acres
2004 Built
2 Garage

About This Property

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Living at 555 E. 5th, you don't just watch Austin's future unfold. You live it. A rare opportunity to own a premier penthouse combining iconic views, generous square footage and luxury living. Ask about buydown and HOA credits! Luxury penthouse living on the 30th floor of 5FiftyFive in the heart of downtown Austin. One of the largest floor plans in the building, this expansive residence spans 3,638 square feet with soaring 14 ft ceilings, offering a rare sense of scale rarely found in high-rise living.

Floor-to-ceiling windows wrap nearly every room, capturing sweeping panoramic views of downtown Austin, Lady Bird Lake and the skyline. Coveted western exposure floods the home with natural light throughout the day and delivers breathtaking sunset views, among the most dramatic and unobstructed in the city. The thoughtfully designed layout features three spacious bedrooms and a dedicated office.

Designed for elevated entertaining, the open-concept living and dining areas flow seamlessly appointed with Wolf and Sub-Zero appliances, including a 6-burner gas range, double ovens, and a full-size Sub-Zero refrigerator. A built-in wet bar with wine refrigerator, laundry room, and refined finishes are hallmarks of this penthouse.

Residents of this luxury penthouse sit at the center of four projects reshaping downtown Austin:

Old 6th Street is being reimagined as a pedestrian-first entertainment corridor - wider sidewalks, less traffic, more of the music and dining culture that defines Austin, The Convention Center is getting a $1.6B ground-up rebuild opening in 2029, bringing a bold new urban hub to the neighborhood, I-35 Cap & Stitch will lower the highway, remove the upper decks, and reconnect East and West Austin with new pedestrian bridges and 19+ miles of trails, Waller Creek / Waterloo Greenway delivers 13 acres of new creekside parkland and trails between 4th Street and Lady Bird Lake, opening June 2026.

2 parking spots and storage unit included.

Property Highlights

View City, Hill Country, Lake, Skyline, Water

Features

  • See Remarks
  • Bar
  • Ceiling Fan(s)
  • High Ceilings
  • Quartz Counters
  • Eat-in Kitchen
  • Kitchen Island
  • No Interior Steps
  • Open Floorplan
  • 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
Construction See Remarks
Roof See Remarks
Foundation See Remarks
Levels One
Flooring See Remarks
Cooling Central Air
Heating Central
Exterior Balcony
County Travis
MLS # 9031662
Garage 2 spaces
Parking 2 spaces: Garage, Garage Door Opener
Security 24 Hour Security, Building Security, Carbon Monoxide Detector(s), Fire Alarm, Fire Escape, Fire Sprinkler System, Key Card Entry, Security System Owned, Smoke Detector(s)

Lot, Outdoor & Utilities

Water Public
Utilities Cable Available, Electricity Available, Internet-Cable, Natural Gas Available

HOA & Community

HOA Fee $2,800 /Monthly
HOA Name Five Fifty 05 Condo Amd
HOA Includes See Remarks
Community Features BBQ Pit/Grill, Bike Storage/Locker, Business Center, Cluster Mailbox, Garage Parking, VALET

Tax Information

Annual Taxes (MLS) $38,490 (2021)
Assessed Value $1,963,682
Exemptions See Remarks

Listing History

MLS# 3497709
Jul 2, 2026 Listed $19,500

Frequently Asked Questions About 555 E 5th ST # 3022, Austin TX 78701

When was 555 E 5th ST # 3022, Austin TX 78701 built?

555 E 5th ST # 3022, Austin TX 78701 was built in 2004. It is see remarks construction with 3,638 square feet on a 0.009 acre lot.

How much does 555 E 5th ST # 3022, Austin TX 78701 cost?

555 E 5th ST # 3022, Austin TX 78701 is currently off market.

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