555 E 5th ST # 3121, Austin TX 78701

Off Market

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Ed's Opinion of Value

$2,510,318 Ed's Estimate: $3,390,219 $3,899,375

Lowest Comp Recommended List: $2,406,000 to $2,416,000 Highest Comp

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $3,390,219. To generate strong buyer interest while maximizing value, I'd price this between $2,406,000 and $2,416,000. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in FIVE FIFTY CONDO. The larger floor plan (206 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2004 construction puts this home 7 years older than the comp average, a factor in the pricing. 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

78701 Market Trends

$569,548 Median Sold Price ▼ 24.1% 6mo

$643/sqft Median $/SqFt ▼ 3.6% 6mo

120 days Avg Days on Market 9 days slower

240 homes Active Inventory 14.7 mo supply

94.7% Sale-to-List Ratio

98 Sales (6 months)

Recently Sold Comparables

$3,899,375 adjusted 200 Congress Ave # 48Y, Austin TX 78701 3bd / 4.0ba • 2,642 sqft • 0.4 mi Sold 3 months ago

$3,846,340 adjusted 210 Lavaca ST # 3603, Austin TX 78701 3bd / 4.0ba • 3,562 sqft • 0.5 mi Sold 6 months ago

$2,510,318 adjusted 70 Rainey ST # 2701, Austin TX 78701 3bd / 3.0ba • 2,851 sqft • 0.5 mi Sold 1 months ago

$3,443,189 adjusted 200 Congress Ave, Austin TX 78701 3bd / 3.0ba • 2,689 sqft • 0.4 mi Sold 4 months ago

Currently on Market

$2,650,000 210 Lavaca ST # 2105, Austin TX 78701 3bd / 4.0ba • 3,073 sqft • 0.5 mi 17 days on market

$2,995,000 210 Lavaca ST # 2505, Austin TX 78701 3bd / 4.0ba • 2,871 sqft • 0.5 mi 1 days on market

$2,650,000 501 West Ave # 3602, Austin TX 78701 3bd / 4.0ba • 2,849 sqft • 0.8 mi 77 days on market

2 Beds

4 Baths 3 Full, 1 Half

3,142 Sq Ft

0.0076 Acres

2004 Built

2 Garage

About This Property

2 levels of pure luxury!! Only new construction penthouse left @ The 5FiftyFive. 2nd story rooftop deck with private cabana & hot tub. Granite & Travertine, Bamboo floors, 11 ft ceiling with floor-to-ceiling windows. Residents enjoy privater loby, resident specific elevators, pool, Tower Health Club & 24 hour concierge services & hotel amenities.Restrictions: Yes

Features

Breakfast Bar
High Ceilings
Multiple Living Areas
Pantry
Primary Bedroom on Main
Track Lighting
Walk-In Closet(s)
Wet Bar

Location

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Schools

School District Austin ISD

Elementary Mathews

Middle School O Henry

High School Austin

Property Details

Property Type Residential

Flooring Bamboo, Carpet, Tile

Cooling Central Air, Evaporative Cooling

Heating Central

Exterior Elevator, See Remarks

County Travis

MLS # 2910193

Parking

Garage 2 spaces

HOA & Community

HOA Fee $1,346 /Monthly

HOA Includes Common Area Maintenance, Gas, Insurance

Tax Information

Annual Taxes $32,681 (2008)

Listing History

MLS# 2910193 140 days

Nov 14, 2023	Off Market
Jun 27, 2023	Listed		$2,995,000

MLS# 3845254 67 days

Jul 31, 2013	Off Market
Feb 25, 2013	Listed		$1,400,000

MLS# 5629115 20 days

Jun 20, 2012	Off Market
May 31, 2012	Listed		$10,000

Frequently Asked Questions About 555 E 5th ST # 3121, Austin TX 78701

When was 555 E 5th ST # 3121, Austin TX 78701 built?

555 E 5th ST # 3121, Austin TX 78701 was built in 2004.

How much does 555 E 5th ST # 3121, Austin TX 78701 cost?

555 E 5th ST # 3121, Austin TX 78701 is currently off market.

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