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Backup Offers

501 W Ave Unit 1604, Austin, TX, 78701

$1,692,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths
2,009 SqFt
$842/SqFt
Condo

Location

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501 W Ave Unit 1604, Austin$1,692,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Electric Gate, Garage, Electric Vehicle Charging Station(s)
Garage2 spaces
Year Built2018
HeatingCentral
CoolingCentral Air
WaterfrontSee Remarks
ViewCity, Hills, Panoramic
MLS #6964005
Lot Size0.00 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 501 W Ave Unit 1604

Welcome to Fifth and West Residences, located on W 5th street and West Ave. Built by the renowned architectural firm GDA Architects and interiors by Austin’s very own Michael Hsu. This three- bedroom/three-bath unit offers the utmost flexibility in design and functionality. An abundance of light fills the unit during the day and continues into the evening with sunset views. The kitchen is a culinary dream with Miele appliances, Italkraft cabinetry, a quartz-topped central island with a waterfall edge. All the modern comforts of this smart home include a Savant home automation system, convenient USB outlets, pre-wiring for sound, motorized window shades in every room, and a keyless entry, ensuring effortless control and convenience. This unit has an updated primary bath with floor to ceiling marble. The amenities at Fifth and West are truly exceptional, with a state-of-the-art gym including a Peloton and Pilates reformer, guest suites for your visitors, a stylish work lounge, a party space with a designer catering kitchen, a serene pool offering breathtaking views, and a covered outdoor entertainment area for unforgettable gatherings and a dedicated dog park. While steps away to the most exciting destinations and restaurants like Sammie's Italian and Qi, the convenience of Whole Foods, Seaholm and the vibrant Republic Square, 5th & West community maintains a warm and welcoming neighborhood atmosphere within its surrounding blocks. Two large parking spaces include EV charger and urban storage unit. With only 39 floors and 154 residences, you'll enjoy a heightened sense of privacy and exclusivity!

Property Details

Property Features

Property Information:

  • Year Built: 2018
  • Stories: 1
  • Living Area: 2,009 SqFt

Listing Office:

  • Office Name: @ properties Christie's International
  • Office Phone: (512) 466-4608
  • Listing Agent: Nicole James

Interior Features

Interior Information:

  • Appliances: Gas Range, Refrigerator, Cooktop, Dryer, Dishwasher, Electric Oven, Ice Maker, Microwave, Stainless Steel Appliance(s), Washer
  • Flooring Type: Marble, Wood
  • Interior: Built-in Features, Ceiling Fan(s), Double Vanity, Entrance Foyer, High Ceilings, Main Level Primary, No Interior Steps, Open Floorplan, Pantry, Quartz Counters, Stone Counters, Recessed Lighting, Smart Home, Soaking Tub, Smart Thermostat, Walk-In Closet(s), High Speed Internet

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: See Remarks
  • View: City, Hills, Panoramic
  • Exterior: Balcony, Dog Run, Gas Grill

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Assigned, Electric Gate, Garage, Electric Vehicle Charging Station(s)

Lot Features

Lot Information:

  • Lot Size: 0.00 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Fifth and West Residences is located on the north east corner of 5th Street and West Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,692,000
  • Price Per SqFt: $842/SqFt

HOA Fees:

  • Amount: $1737
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Austin, TX.

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Austin, TX

City

Med. Sold Price

$567.4K

Med. Price/SqFt

$308

Avg. Days On Market

74

# of Sold Homes

602

501 W Ave Unit 1604 vs Austin

66 DAYS ON ROCKET

-8 Days

$1,692,000

+$1.1M More

$842/SqFt

+$534 More

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price and $534/SqFt more than other homes in Austin, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ACTRIS
  • MLS Number: #6964005

Listing Office:

  • Office Name: @ properties Christie's International
  • Office Phone: (512) 466-4608
  • Listing Agent: Nicole James

IDX Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

Copyright 2024 Unlock MLS and Austin Central Texas Realty Information Services, Inc.

IDX Listings courtesy of Unlock MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 12/22/2024, 10:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$10.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,139

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-946187
8
/10

  • Matthews Elementary School

  • 906 W Lynn St

  • 0.86 miles

  • Public District Grades PK-6

school-card-donut-946188
5
/10

  • Sanchez Elementary School

  • 73 San Marcos St

  • 1.21 miles

  • Public District Grades PK-5

school-card-donut-946189
8
/10

  • Becker Elementary School

  • 906 W Milton St

  • 1.42 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $88,116. Residents of Austin, TX typically earn between $35k-100k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 501 W Ave Unit 1604

What is the listing price of this property?

The listing price of 501 W Ave Unit 1604 property is $1,692,000.

What type of property is this?

The property 501 W Ave Unit 1604 is a condo located in Austin, Texas, 78701.

Is this property for sale now?

Accepting Backup Offers: 501 W Ave Unit 1604 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

How many bedrooms and bathrooms does this property have?

The property at 501 W Ave Unit 1604 has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 501 W Ave Unit 1604 is 2,009 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 501 W Ave Unit 1604 is 2018.

Rocket Homes›Texas›Travis County›Austin›78701›501 W Ave Unit 1604

This home is located at 501 W Ave Unit 1604 in Austin, TX and zip code 78701 in the Downtown neighborhood. This 2,009 square foot home, which was built in 2018, sits on a 0.00 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 16, 2024 and is currently priced at $1,692,000.

In November 2024 more than 59 listings in Austin, TX were sold above the asking price. During the same period more than 96 listings were sold at asking price, while more than 446 were sold below. Between October 2024 and November 2024, Austin, TX real estate market has seen decrease in the number of listings by 1.1%. The median list price of listings available in November 2024 was $567,441, while the average time on the real estate market was 74 days.

From Rocket Homes Real Estate and based on county public records data.

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