501 W Ave Unit 705, Austin, TX, 78701

Location

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Property Highlights

Home TypeCondominium

ParkingAssigned, Covered, Garage

Garage1 space

Year Built2018

HeatingCentral

CoolingCentral Air

WaterfrontNone

ViewCity

MLS #7295794

StatusSale Pending
(Pending)

About 501 W Ave Unit 705

Discover urban elegance at its finest in this stunning residence. This beautifully designed 1-bedroom + study, 1.5-bathroom home spans 1,092 square feet and features sophisticated contemporary finishes and rich hardwood floors throughout. The open-concept living area is bathed in natural light, with expansive windows offering captivating city views. The gourmet kitchen boasts sleek cabinetry, premium countertops, and high-end appliances, making it ideal for culinary enthusiasts and avid entertainers alike. The spacious primary bedroom includes a luxurious en-suite bathroom, while an additional half bathroom adds convenience for guests. Enjoy top-tier amenities: The building offers an array of luxury features, including a state-of-the-art gym, tranquil yoga studio, refreshing pool, rejuvenating spa, and a pet spa for your furry friends. Seller financing is available for this exceptional home. Prefer a 2/1 rate buy-down? Just ask! Unit 705 at 501 West Avenue is more than just a home; it’s a lifestyle of elegance and modern comfort in the heart of Austin. Experience the best of city living with unmatched amenities and a prime location.

Property Details

Property Features

Property Information:

Year Built: 2018
Stories: 1
Living Area: 1,092 SqFt

Listing Office:

Office Name: Compass RE Texas, LLC
Office Phone: (512) 903-5129
Listing Agent: Denise Bodman

Interior Features

Interior Information:

Appliances: Oven, Cooktop, Washer/Dryer Stacked, Dishwasher, Gas Cooktop, Disposal, Microwave, Refrigerator, Stainless Steel Appliance(s)
Flooring Type: Tile, Wood
Interior: Breakfast Bar, Double Vanity, Entrance Foyer, High Ceilings, Kitchen Island, Main Level Primary, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting, Walk-In Closet(s)

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

Private Pool: No
Waterfront: None
View: City
Exterior: Balcony

Parking Information:

Garage Space: 1 space
Parking: Assigned, Covered, Garage

Lot Features

Lot Information:

Lot: City Lot, Near Public Transit

Utilities

Utilities Information:

Heating: Central
Cooling: Central Air

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 I35 take the 6th Street exit. Turn west on 6th Street. Left on West Ave. Building on the left.

Price Information

Listing Price Info

Price Summary:

List Price: Price Not Disclosed
Price Per SqFt: $861/SqFt

HOA Fees:

Amount: $955
Frequency: Monthly

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Austin, TX

City

Med. Sold Price

$566.4K

Med. Price/SqFt

$307

Avg. Days On Market

# of Sold Homes

669

501 W Ave Unit 705 vs Austin

62 DAYS ON ROCKET

-10 Days

Price Not Disclosed

$861/SqFt

+$553 More

KEY TAKEAWAY

This property is $553/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: #7295794

Listing Office:

Office Name: Compass RE Texas, LLC
Office Phone: (512) 903-5129
Listing Agent: Denise Bodman

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: 11/3/2024, 6:20:46 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.

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

/10

Matthews Elementary School
906 Westlynn St
Distance between this listing and this school0.85 miles
Public District Grades PK-6

Middle School

/10

O. Henry Middle School
2610 W 10th St
Distance between this listing and this school1.77 miles
Public District Grades 6-8

High School

/10

Austin High School
1715 W Cesar Chavez St
Distance between this listing and this school1.08 miles
Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

How much money do the neighbors make?

14%

<35k

42%

35k-100k

30%

100k-200k

14%

200k+

What level of education do the neighbors have?

Post Secondary: 60%
High School: 21%
Masters: 14%
Doctorate: 5%

What types of families live nearby?

82%

Single, No Kids

Single, with Kids

14%

Married, No Kids

Married, with Kids

Are the neighbors home owners or renters?

Renters: 69%
Home Owners: 31%

How old are people in this area?

<11 yrs old

12-17 yrs old

44%

18-34 yrs old

49%

35-64 yrs old

65+ yrs old

What do the neighbors do for fun?

Music Concerts
Hiking/backpacking
Art Museums

Where do the neighbors shop?

H&M
Bloomingdales
Crate & Barrel

Where do the neighbors go to eat?

Chipotle
Starbucks
Boston Market

What do the neighbors drive?

Volkswagen
Audi
Mercedes

What do the neighbors listen to?

Rhythmic Contemporary Hits
Alternative
News

The neighbors living near this home have an average income of $88,116. Typical income of Austin, TX residents is between $35k-100k annually. 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 705

What type of property is this?

The property 501 W Ave Unit 705 is a condo located in Austin, Texas, 78701.

Is this property for sale now?

Sale Pending: 501 W Ave Unit 705 is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 501 W Ave Unit 705 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 705 has 1 bedroom and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 501 W Ave Unit 705 is 1,092 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 501 W Ave Unit 705 is 2018.

Rocket Homes›Texas›Travis County›Austin›78701›501 W Ave Unit 705

This home is located at 501 W Ave Unit 705 in Austin, TX and zip code 78701 in the Downtown neighborhood. This 1,092 square foot home was built in 2018. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since September 01, 2024.

Over 66 listings were sold over their listed price in October 2024 in Austin, TX. In the same period over 506 listings were sold below the listed price and 96 listings were sold for the listed price. The number of homes for sale in Austin, TX increased by 6.3% between September 2024 and October 2024. While the average time on the market in October 2024 was 72 days, the median list price was $566,430.