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$2,200,000

501 West Ave, Austin, TX, 78701

$2,438,671 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths2,517 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$874.06 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesBuilt In Electric Oven
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony

Building Information

Year Built2018
Stories1
Garage Spaces2

Land Information

APN01070034560000
SubdivisionFifth & West Residences Condominium
Land UseIndustrial
Legal DescriptionUNT COMMERCIAL FIFTH & WEST RESIDENCES CONDOMINIUM PLUS .0005 % INT IN COM AREA
Census Tract001102
Assessed Land Value$70
Assessed Improvement Value$9,800
Assessment Year2026

About this property

This rarely-available C1 floor plan, spanning 2,517 square feet, is the premier floor plan at prestigious Fifth & West. The 3-BR, 3-bath (plus study) home has floor-to-ceiling windows which frame panoramic southeastern views of the Austin skyline. Spacious open kitchen with custom Italkraft cabinets, quartz countertops, a massive center island, Miele appliances, and an enclosed walk-in pantry. Two terraces offer sunrise views. Motorized shades and smart lighting make for an easily-controlled ambience. The windows on the southeast side of the building are triple-paned; a highly desirable feature for downtown living. The owner's suite has a private study leading into a BR with large walk-in closet, en suite marble bathroom with frameless glass shower, soaking tub, private water closet, and a wide double vanity. Large laundry room with a sink & side-by-side washer and dryer, rare for high-rise living. On the opposite wing, two secondary bedrooms--one with a private terrace--offer en-suite baths and large walk-in closets. The views from this unit look across the capitol view corridor, with a panorama of some of Austin's most iconic buildings. Large walk-in storage unit and two convenient parking spaces--each wired for electric vehicle charging (and one that has a Tesla charger already installed). Built in 2018, Fifth & West is a distinctive triangular tower with Michael Hsu-designed amenity spaces. From 24-hour concierge to magnificent pool and sun deck, state-of-the-art fitness center & yoga studio, catering kitchen & dining room, resident lounges & conference room, guest suites, and an indoor/outdoor pet area, Fifth & West has it all. Footsteps away from fantastic shopping, dining & nightlife venues, Austin Central Library, BookPeople, REI, Whole Foods, and Trader Joe's. The Pfluger Pedestrian Bridge, Lady Bird Lake Trail, and Shoal Creek Trail take you to Zilker Park, Pease Park and beyond--a dream location for a walker, hiker, or cyclist.

Investor Tools

$1,013,324Estimated Mortgage Balance
$9,870Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$2,438,671
Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,200 /month
Positive
Cash Flow Estimate:
$4,400 /month

Interested in this property?

Don Sembera

Moreland Properties

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$20/month
$2,258/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$190
$9,870
2026
$70
$9,800
$9,870
No

Tax History

Year
Tax Paid
Assessed Value
2025
$190
$9,870

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Regions Bank
Conventional
$1,031,250
No
First
Apr 27, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,013,324
N/A
0%
10267%
$6,747/mo

City: Austin

501 West Ave | Property Details | No Agent List