NOT LISTED FOR SALE

Fifth & West Residences 501 West Ave Unit 3602 Austin, TX 78701

Market District Neighborhood

Estimated Value: $2,572,476

3 Beds
3.5 Baths
2,849 Sq Ft
174 Sq Ft Lot

Sale Details

Date Sold: July 1, 2021

Current estimated payment $20,045 / mo

46 Days on Market

Highlights

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

About This Home

As of July 2021

Come home to the ultimate in Downtown luxury living. This Penthouse at Fifth and West is one of only three condos in the entire development featuring this floor plan. With almost 3,000 sq. ft. and 3-bed/3.5-baths it is the perfect layout for entertaining. This home features two terraces, walls of insulated UV filtering glass, and soaring 10’6” ceilings that frame sweeping north Capitol and western Hill Country views.

Custom flat-panel cabinets, luxurious Miele appliances, a low-profile vent hood, butler's pantry/catering kitchen, and an integrated wine refrigerator make this kitchen a dream for home chefs. A gracious foyer welcomes you to the expansive, west-facing master wing. Enjoy a sitting area and a tranquil spa bath, and a private terrace for savoring panoramic sunsets. The thoughtfully-designed layout features an extended foyer that separates two private bedroom suites from the master bedroom and living areas and an office/study. Designer details such as Hansgrohe accessories, frameless glass showers, Kohler fixtures, and wide-plank, white oak hardwood floors with a brushed finish are featured throughout.

This Penthouse has state-of-the-art features, including a Savant home automation system, USB outlets, pre-wiring for sound and motorized window shades, a smart thermostat, and keyless entry. Dedicated on-site storage will help you declutter to maximize your views, and a laundry room large enough for a full-size side-by-side washer and dryer is no small extravagance. Fifth and West is a low-density luxury community packed with amenities. This home comes with two premium parking spots and a storage unit. Live within walking distance to Whole Foods, the hike and bike trail at Lady Bird Lake, and everything Downtown Austin has to offer.

Last Agent to Sell the Property

Jessica Yates

Moreland Properties License #0602251 Listed on: 04/12/2021

Moreland Properties

Co-Listed By

Kelly Martin

Moreland Properties License #0624847

Last Buyer's Agent

Lauren Springer

Gottesman Residential R.E. License #0626433

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $47,739

Year Built

  • Built in 2018

Lot Details

  • Northwest Facing Home

HOA Fees

  • $1,704 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Storage or Cabinetry
  • Secured Garage or Parking
  • Assigned Parking
  • Community Parking Structure

Property Views

  • Lake
  • Panoramic
  • Bridge
  • Hills

Home Design

  • Slab Foundation
  • Concrete Roof
  • Concrete Siding

Interior Spaces

  • 2,849 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wired For Sound
  • Recessed Lighting
  • Double Pane Windows
  • Entrance Foyer
  • Storage
  • Laundry Room

Kitchen

  • Built-In Electric Oven
  • Built-In Gas Range
  • Microwave
  • Built-In Refrigerator
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Dual Closets
  • Walk-In Closet

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
  • Vented Exhaust Fan
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 3602
  • Assessor Parcel Number 01070034460000
  • 2% Total Tax Rate

Community Details

Overview

  • Association fees include common area maintenance, gas, sewer, trash, water
  • Fifth & West Residences Association
  • High-Rise Community
  • Fifth & West Residences Subdivision
  • Mandatory home owners association
  • On-Site Maintenance

Amenities

  • Concierge
  • Community Barbecue Grill
  • Common Area
  • Recycling
  • Community Kitchen
  • Meeting Room
  • Community Mailbox
  • Bike Room
  • Community Storage Space

Recreation

  • Dog Park

Pet Policy

  • Pet Amenities

Security

  • 24-Hour Security
  • On-Site Manager or Management
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$47,739

Year Built

Built in 2018

Lot Details

174 Sq Ft Lot

HOA Fees

$1,704 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: Tower (14+ Stories)
  • Restrictions: None
  • Year Built: 2018
  • Additional Parcels: No
  • Direction Faces: NW
  • Directions: Corner of 5th Street and West Avenue.
  • Disclosures: Seller Disclosure
  • Estimated Taxes: 47739.00
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: Yes-100 yr
  • Fencing: None
  • Garage Spaces: 2.00
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Guest Accommodation Description: Room with Private Bath
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: One
  • Living Area: 2849.00
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Interior Amenities: Counter-Quartz, Entrance Foyer, His and Hers Closets, Kitchen Island, Open Floorplan, Pantry, Primary Bedroom on Main, Recessed Lighting, Smart Home, Smart Thermostat, Storage, Walk-In Closet(s), Wired for Sound
  • Laundry Location: In Unit, Laundry Room
  • View: Bridge(s), City, Hill Country, Lake, Panoramic
  • Flooring: Marble, Wood
  • Fireplace Features: None
  • Num Dining: 1
  • Num Guest Beds: 2
  • Guest Full Bathrooms: 2
  • Guest Half Bathrooms: 1
  • Num Living: 1
  • Accessibility Features: None
  • Appliances: Built-In Electric Oven, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Exhaust Fan, Gas Range, Ice Maker, Microwave, Wine Cooler
  • Main Level Bedrooms: 3
  • Property Condition: Resale
  • Security Features: 24 Hour Security, Secured Garage/Parking
  • Window Features: Double Pane Windows

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms: 4
  • Bedrooms: 3

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: 2.00
  • Parking Features: Assigned, Covered, Storage
  • Total Parking Spaces: 2.00

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Gas, Sewer, Trash, Water
  • Association Fee Frequency: Monthly
  • Association Fee: 1704.30

Association/Amenities

  • Management Company: Worth Ross
  • Association Name: Fifth & West Residences
  • Requirement: Mandatory
  • Association: Yes
  • 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, Maintenance On-Site, Nest Thermostat, Pet Amenities, Property Manager On-Site, Recycling Area/Center, Storage

Schools

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

Lot Info

  • Lot Features: None
  • Parcel Number: 01070034460000
  • Subdivision Name: Fifth & West Residences

Building Info

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

Tax Info

  • Tax Filled Sqft Total: 2849
  • Tax Lot: 3602
  • Tax Rate: 2.22667000000000
  • Tax Year: 2020
  • Tax Annual Amount: 47739.00
  • Tax Exemptions: None

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2026
Sold by
Reese Ramsey Erin Christina
Bought by
Current Estimated Value
$2,572,476

Purchase Details

Closed on
Jul 11, 2023
Sold by
Ramsey Lance James
Bought by
Ramsey Erin Christina Re

Purchase Details

Closed on
May 3, 2019
Sold by
5Th And West Owner Lp
Bought by
Barron Otis Alton and Barron Grace Caroline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,760,000
Interest Rate
4.2%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Market District, TX

  • Adam Baker Real Estate Agent - Serhant Texas, LLC

    Adam Baker

    Serhant Texas, LLC

    (512) 831-7404

    133 Total Sales

    2 in Market District

    $385K - $1.4M Price Range

    Adam Baker
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  • Meg Alley Real Estate Agent - Moreland Properties

    Meg Alley

    Moreland Properties

    (737) 747-7424

    46 Total Sales

    4 in Market District

    $695K - $1.9M Price Range

    Meg Alley
     Section Image
  • Sandy Joseph Real Estate Agent - Berkshire Hathaway TX Realty

    Sandy Joseph

    Responds Quickly

    Berkshire Hathaway TX Realty

    (866) 348-5357

    72 Total Sales

    1 in Market District

    $955,000 Price

    Sandy Joseph
     Section Image
  • Kevin Burns Real Estate Agent - Urbanspace

    Kevin Burns

    Urbanspace

    (888) 827-2290

    32 Total Sales

    10 in Market District

    $960K - $4.8M Price Range

    Kevin Burns
     Section Image
  • John Underwood Real Estate Agent - eXp Realty, LLC

    John Underwood

    eXp Realty, LLC

    (866) 515-6552

    31 Total Sales

    2 in Market District

    $675K - $1.1M Price Range

    John Underwood
     Section Image
  • Brande Draper Real Estate Agent - Christies Intl Real Estate Lone Star

    Brande Draper

    Christies Intl Real Estate Lone Star

    (877) 919-6838

    18 Total Sales

    1 in Market District

    $645,000 Price

    Brande Draper
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
Barron Otis Alton -- Heritage Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,760,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/01/2021 07/01/21 Sold -- -- --
05/28/2021 05/28/21 Pending -- -- --
04/12/2021 04/12/21 For Sale $3,300,000 -- $1,158 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $45,819 $2,238,901 $39,840 $2,199,061
2023 $48,940 $2,705,000 $39,840 $2,665,160
2022 $61,082 $3,092,887 $39,840 $3,053,047
2021 $46,819 $2,150,935 $39,838 $2,111,097
2020 $45,986 $2,143,980 $39,838 $2,104,142
2018 $1,172 $52,932 $39,838 $13,094
Source: Public Records

Agents Affiliated with this Home

  • Jessica Yates Real Estate Agent - Moreland Properties

    Seller's Agent in 2021

    Jessica Yates

    Moreland Properties

    (512) 961-9106

    12 in this area

    38 Total Sales

    Jessica Yates
    Section Image
  • Kelly Martin Real Estate Agent - Moreland Properties

    Seller Co-Listing Agent in 2021

    Kelly Martin

    Moreland Properties

    (512) 632-9091

    11 in this area

    39 Total Sales

    Kelly Martin
    Section Image
  • Lauren Springer Real Estate Agent - Gottesman Residential R.E.

    Buyer's Agent in 2021

    Lauren Springer

    Gottesman Residential R.E.

    (512) 771-6446

    13 Total Sales

    Lauren Springer
    Section Image
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About Fifth & West Residences

Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 2976503

Unlock MLS (Austin Board of REALTORS®)

APN: 901508

Texas Travis County Austin 78701 Market District

501 West Ave Unit 3602, Austin, TX

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.

Unlock MLS (Austin Board of REALTORS®) Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Information being provided is 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. 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. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Unlock MLS (Austin Board of REALTORS®) as distributed by MLS GRID

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