$709,279 - $1,031,000
RENTED JUN 16, 2025

Fifth & West Residences 501 West Ave Unit 2002 Austin, TX 78701

Market District Neighborhood
1 Bed
1.5 Baths
846 Sq Ft
2018 Built

Last Sold March 07, 2019

Current estimated payment $6,153/month

Highlights

  • Concierge
  • Fitness Center
  • Cabana
  • Mathews Elementary School Rated A
  • 24-Hour Security
  • Bridge View

About This Home

As of June 2025

Come home to a calm, light-filled space above Downtown Austin’s Market District. With seamless western views that extend from Lady Bird Lake to the Hill Country, you can enjoy the natural beauty of Austin while living in the center of it all. Walls of glass and 9 ft+ ceilings make this 1 bedroom/1.5 bath residence feel more spacious than its 846 sq. ft. A modern palette of medium-tone hardwood floors and crisp white walls graces the living space, ready for your unique interpretation. Entertain with style in the wide-open layout. A sleek kitchen occupies an oversized footprint, perfect for food-lovers and home chefs. The thoughtfully-designed kitchen includes flat-front, custom Italkraft cabinetry, luxurious Miele appliances, and a quartz-topped island with a waterfall edge and breakfast bar seating. Your extended living room includes a window-surrounded office alcove, giving you much-needed separation between work and play. Your owner’s suite is an escape from your busy life. The marble-clad floors and vanity play off the Hansgrohe fixtures and frameless glass shower in your serene spa bath. Step out onto your private terrace for a little fresh air and sunset views. Low-density and amenity-rich, the residences at Fifth & West offer an incredible downtown lifestyle. Walk to the Lady Bird Lake Hike and Bike Trail, Whole Foods, and the Seaholm and 2nd Avenue Districts for restaurants, nightlife, and shopping. Parking space available for a separate fee of $200/month. Tenant pays all utilities except association fees, and is responsible for building move-in fee and deposit if applicable. No smokers. Pets negotiable with deposit depending on size and breed. Available for 12-24 months.

Last Agent to Rent the Property

Kelly Martin

Moreland Properties Brokerage Phone: (512) 480-0848 License #0624847 Listed on: 05/09/2025

Moreland Properties

Co-Listed By

Jessica Yates

Moreland Properties Brokerage Phone: (512) 480-0848 License #0602251

Last Renter's Agent

Audra Smith

AustinRealEstate.com License #0624996

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,161

Year Built

  • Built in 2018

Lot Details

  • West Facing Home

Parking

  • 1 Car Garage
  • Secured Garage or Parking
  • Reserved Parking
  • Assigned Parking
  • Community Parking Structure

Property Views

  • Bridge
  • Hills

Home Design

  • Slab Foundation
  • Concrete Roof
  • Concrete Siding

Interior Spaces

  • 846 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Recessed Lighting
  • Window Treatments
  • Aluminum Window Frames
  • Solar Screens

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Electric Oven
  • Built-In Gas Range
  • Built-In Freezer
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 1 Main Level Bedroom

Home Security

  • Smart Home
  • Smart Thermostat

Pool

  • Cabana
  • In Ground Pool

Outdoor Features

  • Covered patio or porch

Schools

  • Mathews Elementary School
  • O Henry Middle School
  • Austin High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $3,900
  • Tenant pays for all utilities
  • The owner pays for association fees
  • 12 Month Lease Term
  • $50 Application Fee
  • Assessor Parcel Number 01070033820000

Community Details

Overview

  • 154 Units
  • Fifth & West Residences Subdivision

Amenities

  • Concierge
  • Sundeck
  • Community Barbecue Grill
  • Common Area
  • Community Kitchen
  • Meeting Room
  • Lounge
  • Community Mailbox
  • Bike Room

Recreation

  • Dog Park

Pet Policy

  • Pet Deposit $750
  • Pet Amenities
  • Dogs and Cats Allowed

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Card or Code Access
  • Fire and Smoke Detector
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Est. Annual Taxes

$16,161

Year Built

Built in 2018

Lot Details

0

Parking

1

Rental Info

  • Furnished: Unfurnished
  • Owner Pays: Association Fees
  • Tenant Pays: All Utilities
  • Pets Allowed: Cats OK, Dogs OK
  • Available Date: 2025-06-16
  • App Deposit Payable To: Owner
  • App Fee Payable To: Intellirent
  • Application Fee: 50
  • Application Policy: Best Qualified Application
  • Application Required: See Online App
  • First Month Rent Payable To: Broker
  • Max Numof Pets: 1
  • Monthly Pet Rent: 0
  • Additional Pet Fee: 0
  • Pet Deposit: 750
  • Max Lease Months: 24
  • Online App Instructions Public: https://www.myintellirent.com/s/zbcCpIo
  • App Delivery To: https://www.myintellirent.com/s/zbcCpIo

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Year Built: 2018
  • Direction Faces: West
  • Directions: Fifth & West is located on the corner of 5th Street and West Avenue.
  • Disclosures: None
  • Fencing: None
  • Garage Spaces: 1
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Lease Term: 12 Months
  • Levels: One
  • Living Area: 846
  • Co List Office Mls Id: ACT017J
  • Co List Office Phone: (512) 480-0848
  • Attribution Contact: (512) 480-0848
  • FEMA Flood Plain: Yes-100 yr
  • Unit Style: 1st Floor Entry
  • Complex Name: Fifth & West Residences
  • Smoking Inside YN: 0
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, High Ceilings, Quartz Counters, Stone Counters, Eat-in Kitchen, Kitchen Island, Recessed Lighting, Smart Home, Smart Thermostat
  • View: Bridge(s), Hill Country
  • Flooring: Marble, Wood
  • Accessibility Features: None
  • Appliances: Built-In Electric Oven, Built-In Freezer, Built-In Gas Range, Cooktop, Dishwasher, Disposal
  • Main Level Bedrooms: 1
  • Security Features: 24 Hour Security, Fire Alarm, Fire Sprinkler System, Key Card Entry, Secured Garage/Parking
  • Window Features: Aluminum Frames, Solar Screens, Window Coverings
  • Laundry Location: Laundry Closet
  • Num Dining: 1
  • Num Living: 1
  • Min Lease Months: 12

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms: 1

Exterior Features

  • Exterior Features: Balcony
  • Roof: Concrete
  • Foundation: Slab
  • Patio And Porch Features: Covered
  • Pool Features: Cabana, In Ground
  • Private Pool: Yes
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 1
  • Parking Features: See Remarks, Assigned, Covered, Garage, Reserved
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Central, Electric
  • Water Source: Public
  • Cooling: Central Air
  • Meter Description: Electric Separate

Association/Amenities

  • Community Features: BBQ Pit/Grill, Bike Storage/Locker, Cluster Mailbox, Common Grounds, Concierge, Conference/Meeting Room, Controlled Access, Dog Park, Fitness Center, Garage Parking, Kitchen Facilities, Lounge, Pet Amenities, Pool, Property Manager On-Site, Sundeck

Condo/Co-op/Association

  • Managed By: Owner

Schools

  • Elementary School: Mathews
  • High School: Austin
  • Middle/Junior School: O Henry
  • Junior High Dist: Austin ISD

Lot Info

  • Lot Features: Corner Lot
  • Parcel Number: 01070033820000
  • Subdivision Name: Fifth & West Residences

Building Info

  • Construction Materials: Concrete, Glass
  • New Construction: No

Multi Family

  • Number Of Units Total: 154

Tax Info

  • Tax Map Number: 2002
  • Tax Filled Sqft Total: 846

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2018
Closed on
Feb 19, 2019
Sold by
5Th And West Owner Lp
Bought by
Liu Xiaoxi
Seller's Agent
Jessica Yates
Moreland Properties
Buyer's Agent
Rebecca Pletz
Redfin Corporation
List Price
$615,000
Sold Price
$615,000
Current Estimated Value
$870,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,140
Avg. Annual Appreciation
5.61%
Original Mortgage
$450,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Liu Xiaoxi -- Heritage Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Xiaoxi $448,900
Closed Liu Xiaoxi $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2025 06/16/25 Rented $4,100 +5.1% --
05/28/2025 05/28/25 Under Contract -- -- --
05/09/2025 05/09/25 For Rent $3,900 -2.5% --
06/13/2022 06/13/22 Rented $4,000 0.0% --
04/19/2022 04/19/22 Under Contract -- -- --
04/01/2022 04/01/22 For Rent $4,000 +5.3% --
06/07/2021 06/07/21 Rented $3,800 0.0% --
05/04/2021 05/04/21 Under Contract -- -- --
05/02/2021 05/02/21 For Rent $3,800 0.0% --
03/07/2019 03/07/19 Sold -- -- --
11/29/2018 11/29/18 Pending -- -- --
07/13/2018 07/13/18 For Sale $615,000 -- $727 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $16,161 $831,690 $11,803 $819,887
2022 $16,425 $831,690 $11,803 $819,887
2021 $13,452 $618,025 $11,803 $606,222
2020 $13,228 $616,746 $11,803 $604,943
2018 $367 $16,560 $11,803 $4,757
Source: Public Records

Agents Affiliated with this Home

  • Kelly Martin

    Landlord's Agent in 2025

    Kelly Martin

    Moreland Properties

    (512) 632-9091

    19 in this area

    37 Total Sales

    Kelly Martin
    Section Image
  • Jessica Yates

    Landlord's Co-Listing Agent in 2025

    Jessica Yates

    Moreland Properties

    (512) 961-9106

    20 in this area

    37 Total Sales

    Jessica Yates
    Section Image
  • Audra Smith

    Tenant's Agent in 2025

    Audra Smith

    AustinRealEstate.com

    (512) 247-8788

    10 in this area

    113 Total Sales

    Audra Smith
    Section Image

  • N

    Buyer's Agent in 2022

    Non Member

    Non Member

  • W

    Buyer's Agent in 2021

    Weston Lipscomb

    Compass RE Texas, LLC

    (512) 826-3773

    9 Total Sales

    Weston Lipscomb
    Section Image

  • R

    Buyer's Agent in 2019

    Rebecca Pletz

    Redfin Corporation

    Section Image
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About Fifth & West Residences

Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 4004944

Unlock MLS (Austin Board of REALTORS®)

APN: 901444

Texas Travis County Austin 78701 Market District

501 West Ave Unit 2002, Austin, TX

This home is located at 501 West Ave Unit 2002, Austin, TX 78701 since 09 May 2025 and is currently priced at $870,140. This property was built in 2018. 501 West Ave Unit 2002 is a home located in Travis County with nearby schools including Mathews Elementary School, Austin High School, and Headwaters School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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