Last list price
Fifth & West Residences 501 West Ave Unit 705 Austin, TX 78701
Market District Neighborhood
1
Bed
1.5
Baths
1,092
Sq Ft
$756/mo
HOA Fee
Highlights
- Concierge
- Fitness Center
- Rooftop Deck
- Mathews Elementary School Rated A
- 24-Hour Security
- Downtown View
About This Home
As of February 2023This Fifth & West Residence is in one of the most highly sought-after high-rise towers in Downtown Austin. Enjoy the stunning views of downtown and the open layout. The beautiful, open kitchen is a chef's dream with stainless steel appliances and a large center island, perfect for entertaining. From the kitchen, you can enjoy the large living space and dining room with floor-to-ceiling windows. Gorgeous hardwood floors lead you from the common areas of the home to the private bedroom. The primary suite features large windows, an exceptionally spacious primary bathroom with a double vanity, a walk-in shower with a bench, and a walk-in closet. The home also includes a large pantry and in-unit laundry closet. The additional study is ideal for those that work from home. The residences were thoughtfully produced for everyday living, rather than just a weekend retreat. The triangular shape of the building was intentionally designed for the permanent Capitol View Corridor, ensuring that residents will enjoy their views for years to come. With a layout that was created for "Low-Density Living," residents can enjoy fewer people on each floor compared to similar high rises in Austin. While residents have the luxury of not sharing the tower with a hotel and its guests, there are everyday, private amenities in the Fifth & West tower that set it apart from the other high rises downtown that is typically attached to hotels. On the 6th floor, enjoy the air-conditioned pet owners' lounge conveniently attached to the pet park/washing station and a commercial kitchen available to residents. There are two guest rooms located on the 5th floor that can be rented out by residents for their guests. The large lounge area, gym, and yoga room are also conveniently located on the same floor. The residence is located in the Market District steps from Whole Foods, Austin Public Library, Ladybird Lake, Seaholm District, and all of the city's favorite restaurants and nightlife.
Last Agent to Sell the Property
Compass RE Texas, LLC License #0521308 Listed on: 12/02/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $17,558
Year Built
- Built in 2018
Lot Details
- East Facing Home
HOA Fees
- $756 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
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
Laundry
- Laundry Room
- Stacked Washer and Dryer
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
- Tax Lot 705
- Assessor Parcel Number 01070033060000
- 2% Total Tax Rate
Community Details
Overview
- Association fees include parking, security
- 5Th & West Association
- High-Rise Condominium
- Fifth & West Residences Subdivision
- Mandatory home owners association
- The community has rules related to covenants, conditions, and restrictions
Amenities
- Concierge
- Rooftop Deck
- Common Area
- Game Room
- Elevator
Recreation
- Dog Park
Security
- 24-Hour Security
- Card or Code Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 2, 2022
Closed on
Feb 27, 2023
Sold by
Bhasin Jasdeep and Bhasin Gabriela
Bought by
Lme 168 Llc
Seller's Agent
Adam Walker
Compass RE Texas, LLC
Buyer's Agent
Denise Bodman
Compass RE Texas, LLC
List Price
$1,050,000
Views
27
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.23%
Purchase Details
Closed on
Feb 8, 2019
Sold by
5Th & West Owner Lp
Bought by
Bhasin Jasdeep and Garcia Gabriela
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,000
Interest Rate
3.37%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Austin, TX
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Vendors Lien | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $592,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/23/2025 07/23/25 | Price Changed | $765,000 | -4.3% | $701 / Sq Ft |
| 03/31/2025 03/31/25 | Price Changed | $799,000 | -6.0% | $732 / Sq Ft |
| 02/24/2025 02/24/25 | Price Changed | $850,000 | -5.0% | $778 / Sq Ft |
| 02/17/2025 02/17/25 | Price Changed | $895,000 | +0.1% | $820 / Sq Ft |
| 02/10/2025 02/10/25 | Price Changed | $894,000 | -0.1% | $819 / Sq Ft |
| 01/20/2025 01/20/25 | Price Changed | $895,000 | -2.1% | $820 / Sq Ft |
| 12/20/2024 12/20/24 | Price Changed | $914,000 | -1.2% | $837 / Sq Ft |
| 11/21/2024 11/21/24 | For Sale | $925,500 | +0.1% | $848 / Sq Ft |
| 11/21/2024 11/21/24 | Off Market | -- | -- | -- |
| 11/15/2024 11/15/24 | Price Changed | $925,000 | -2.1% | $847 / Sq Ft |
| 11/13/2024 11/13/24 | For Sale | $945,000 | 0.0% | $865 / Sq Ft |
| 11/13/2024 11/13/24 | Price Changed | $945,000 | +0.5% | $865 / Sq Ft |
| 10/10/2024 10/10/24 | Pending | -- | -- | -- |
| 09/11/2024 09/11/24 | Price Changed | $940,000 | -0.9% | $861 / Sq Ft |
| 09/01/2024 09/01/24 | For Sale | $949,000 | -5.1% | $869 / 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 |
Source: Unlock MLS (Austin Board of REALTORS®)
Tax History Compared to Growth
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 | $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 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Denise Bodman
Compass RE Texas, LLC
(512) 903-5129
4 in this area
50 Total Sales
-
Seller's Agent in 2023
Adam Walker
Compass RE Texas, LLC
(512) 554-5516
7 in this area
273 Total Sales
About Fifth & West Residences
Map
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 7324186
APN: 901368
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.
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.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 501 West Ave Unit 3201
- 501 West Ave Unit 1306
- 501 West Ave Unit 2303
- 501 West Ave Unit 1104
- 501 West Ave Unit 2001
- 501 West Ave Unit 3403
- 501 West Ave Unit 3803
- 501 West Ave Unit 2904
- 800 W 5th St Unit 809
- 800 W 5th St Unit 705
- 800 W 5th St Unit 902
- 800 W 5th St Unit 1104
- 301 West Ave Unit 3004
- 301 West Ave Unit 1608
- 301 West Ave Unit 4703
- 301 West Ave Unit 1705
- 301 West Ave Unit 1207
- 301 West Ave Unit 3802
- 301 West Ave Unit 2003
- 301 West Ave Unit 4103