5 months on rocket

501 W Ave Unit 1407, Austin, TX, 78701

$1,580,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths, 1 Partial
1,759 SqFt
$898/SqFt
Condo

Location

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501 W Ave Unit 1407, Austin$1,580,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingAssigned, Covered, Garage, Secured, Side By Side, Guest
Garage2 spaces
Year Built2018
HeatingCentral
CoolingCentral Air, Other
WaterfrontNone
ViewCity, Panoramic
MLS #6397525
Lot Size0.00 Acres
StatusActive

About 501 W Ave Unit 1407

Price improvement! This stunning upscale 14th-floor condo boasts a majestic open plan with floor-to-ceiling windows offering unobstructed panoramic views to the north, east & south. The “B3” layout features 2 bedrooms, 2.5 baths, and a dedicated study. Rarely available, only 9 units of this design were built. The interior features tall ceilings, wide plank oak floors & quartz countertops. The gourmet kitchen is equipped with Miele appliances and Italkraft cabinetry, making it perfect for culinary enthusiasts. The luxurious bathrooms feature marble floors, with the owner's suite boasting a spa-like ensuite bathroom and a custom walk-in closet. The home is outfitted with the latest technology, including smart blinds, lights, and thermostat ready for your automation, and it is prewired for sound and data. Additionally, two prime reserved parking spaces on level B1, directly across from the elevator, are assigned to this unit. With only 154 residences on 39 floors and no adjoining hotel, you will enjoy heightened privacy and exclusive access to over 20,000 sq ft of resident amenity space designed by Michael Hsu, including multiple lounges, a catering kitchen, an air-conditioned pet park with wash stations, a fitness center & yoga studio, guest suites, and a sky deck with a resort-style pool & outdoor lounge. The unique triangular shape of this recognizable tower, designed to preserve Austin's capitol view corridors, allows for unmatched viewing angles and panoramic vistas from each residence. The location is unbeatable. You can walk, bike, or scoot to nearby Trader Joe's, Whole Foods Market, the Seaholm development, the new Central Austin Library, ACL Moody Theater, Republic Square Park, Lady Bird Lake Hike & Bike Trail, as well as countless restaurants, bars & shops. Among luxury residential offerings in downtown Austin, Fifth & West Residences stands alone.

Property Details

Property Features

Property Information:

  • Year Built: 2018
  • Stories: 1
  • Living Area: 1,759 SqFt

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (512) 925-4663
  • Listing Agent: Harold Patterson

Interior Features

Interior Information:

  • Appliances: Electric Oven, Refrigerator, Dishwasher, Exhaust Fan, Gas Cooktop, Disposal, Microwave, Stainless Steel Appliance(s)
  • Flooring Type: Marble, Wood
  • Interior: Double Vanity, Elevator, High Ceilings, In-Law Floorplan, Kitchen Island, Main Level Primary, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting, Smart Home, Smart Thermostat, Wired for Data, Walk-In Closet(s), Wired for Sound

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: City, Panoramic
  • Exterior: Balcony

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Assigned, Covered, Garage, Secured, Side By Side, Guest

Lot Features

Lot Information:

  • Lot Size: 0.00 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Other

School Info

Assigned Schools Information:

  • Austin High School, Public District Grades 9-12
  • O. Henry Middle School, Public District Grades 6-8
  • Matthews Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: From Mopac head EAST on W. 5th Street * Building is on NE corner of W. 5th St & West Ave. Park on street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,580,000
  • Price Per SqFt: $898/SqFt

HOA Fees:

  • Amount: $1486
  • 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

$566.1K

Med. Price/SqFt

$308

Avg. Days On Market

65

# of Sold Homes

609

501 W Ave Unit 1407 vs Austin

161 DAYS ON ROCKET

+96 Days

$1,580,000

+$1.0M More

$898/SqFt

+$590 More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $590/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: #6397525

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (512) 925-4663
  • Listing Agent: Harold Patterson

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: 10/31/2024, 11:20:48 PM 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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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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.

Elementary School

school-card-donut-898187
8
/10

  • Matthews Elementary School

  • 906 Westlynn St

  • 0.85 miles

  • Public District Grades PK-6

Middle School

school-card-donut-898188
5
/10

  • O. Henry Middle School

  • 2610 W 10th St

  • 1.77 miles

  • Public District Grades 6-8

High School

school-card-donut-898189
6
/10

  • Austin High School

  • 1715 W Cesar Chavez St

  • 1.08 miles

  • Public District Grades 9-12

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. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 501 W Ave Unit 1407

What is the listing price of this property?

The listing price of 501 W Ave Unit 1407 property is $1,580,000.

What type of property is this?

The property 501 W Ave Unit 1407 is a condo located in Austin, Texas, 78701.

Is this property for sale now?

Active Listing: 501 W Ave Unit 1407 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 501 W Ave Unit 1407 are:
Matthews Elementary School: GreatSchools Rating 8/10
O. Henry Middle School: GreatSchools Rating 5/10
Austin High School: GreatSchools Rating 6/10

How many bedrooms and bathrooms does this property have?

The property at 501 W Ave Unit 1407 has 2 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 501 W Ave Unit 1407 is 1,759 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 501 W Ave Unit 1407 is 2018.

Rocket Homes›Texas›Travis County›Austin›78701›501 W Ave Unit 1407

This home is located at 501 W Ave Unit 1407 in Austin, TX and zip code 78701 in the Downtown neighborhood. This 1,759 square foot home, which was built in 2018, sits on a 0.00 acre lot. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 23, 2024 and is currently priced at $1,580,000.

While more than 72 listings in Austin, TX in September 2024 were sold above asking price, there were more than 93 listings sold at asking price, and more than 444 were sold below. Between August 2024 and September 2024, Austin, TX real estate market has seen increase in the number of listings by 4.1%. In September 2024 median list price was $566,156 and the average listing age was 65 days.

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

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