Fifth & West Residences 501 West Ave Unit 705 Austin, TX 78701
Market District NeighborhoodEstimated payment $6,117/month
Highlights
- Concierge
- Fitness Center
- Rooftop Deck
- Mathews Elementary School Rated A
- 24-Hour Security
- Downtown View
About This Home
Discover the perfect blend of urban sophistication and modern comfort in this beautifully designed 1-bedroom + den/office (or flexible 2nd room), 1.5-bath residence spanning 1,092 sq. ft. Flooded with natural light and framed by captivating city views, the open-concept layout showcases rich hardwood floors and sleek contemporary finishes.
The chef’s kitchen is a dream—complete with custom cabinetry, premium countertops, and high-end appliances—ideal for both culinary adventures and stylish entertaining. Retreat to the spacious primary suite with a spa-like en-suite bathroom, while the additional half bath offers extra convenience for guests.
Beyond the home, enjoy a full suite of luxury amenities: state-of-the-art fitness center, yoga studio, sparkling pool, rejuvenating spa, and even a pet spa.
Nestled at 501 West Avenue in the heart of Austin, Unit 705 isn’t just a home—it’s a lifestyle. Step into a world where elegance meets everyday ease.
Listing Agent
Compass RE Texas, LLC Brokerage Phone: (512) 903-5129 License #0566439 Listed on: 09/01/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $13,675
Year Built
- Built in 2018
Lot Details
- East Facing Home
HOA Fees
- $955 Monthly HOA Fees
Parking
- 1 Car Garage
- Reserved Parking
Home Design
- Slab Foundation
- Membrane Roofing
- Concrete Siding
- Masonry Siding
Interior Spaces
- 1,092 Sq Ft Home
- 1-Story Property
- Open Floorplan
- High Ceiling
- Recessed Lighting
- Window Treatments
- Entrance Foyer
- Stacked Washer and Dryer
Kitchen
- Breakfast Bar
- Built-In Oven
- Gas Cooktop
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Quartz Countertops
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
- Walk-In Closet
- Double Vanity
Outdoor Features
- Terrace
Location
- Property is near public transit
- City Lot
Schools
- Mathews Elementary School
- O Henry Middle School
- Austin High School
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
Listing and Financial Details
- Assessor Parcel Number 01070033060000
Community Details
Overview
- Association fees include parking, security
- 5Th & West Association
- Fifth & West Residences Subdivision
Amenities
- Concierge
- Rooftop Deck
- Common Area
- Game Room
Recreation
- Dog Park
Security
- 24-Hour Security
- Card or Code Access
Map
About Fifth & West Residences
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $18,729 | $843,007 | $15,480 | $827,527 |
| 2023 | $13,675 | $887,321 | $0 | $0 |
| 2022 | $15,931 | $806,655 | $0 | $0 |
| 2021 | $15,962 | $733,323 | $15,479 | $717,844 |
| 2020 | $15,700 | $731,967 | $15,479 | $716,488 |
| 2018 | $464 | $20,946 | $15,479 | $5,467 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/01/2025 09/01/25 | For Sale | $755,000 | -24.5% | $691 / Sq Ft |
| 02/27/2023 02/27/23 | Sold | -- | -- | -- |
| 02/17/2023 02/17/23 | Pending | -- | -- | -- |
| 01/23/2023 01/23/23 | Price Changed | $1,000,000 | -4.8% | $916 / Sq Ft |
| 12/02/2022 12/02/22 | For Sale | $1,050,000 | -- | $962 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Vendors Lien | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $592,000 | Purchase Money Mortgage |
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 5910732
APN: 901368
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