NOT LISTED FOR SALE

Estimated Value: $513,472 - $586,000

1 Bed
1 Bath
899 Sq Ft
2004 Built

Last Sold December 22, 2021

Current estimated payment $3,836/month

Highlights

  • Concierge
  • Room Service
  • 24-Hour Security
  • Mathews Elementary School Rated A
  • Fitness Center
  • 5-minute walk to Sir Swante Palm Park

About This Home

As of February 2024

Enjoy downtown living and breathtaking views from the 27th floor! The 5 Fifty Five is located in the heart of downtown Austin and offers residents direct access to the Hilton Hotel. Residents receive discounted services and amenities from the Hilton such as access to the Skyline Spa and Health Club (gym, spa, pool, sauna, pool bar), visitor parking, and room service from restaurant Cannon + Bell. Also located in the Hilton lobby is a UPS store, Starbucks, Austin Taco Project, and boutique store Capra & Cavelli. Residents of the 5 Fifty Five enjoy many conveniences including an exclusive entrance, 24-hour concierge services, and a gated parking garage. Unit 2701 has floor-to-ceiling windows to enjoy panoramic city views, an abundance of natural light, automatic shades, and a chef’s kitchen with granite countertops, Wolf appliances and a storage unit. Residents enjoy the convenience of living near some of the best restaurants, live music, museums, lakes, trails, shops, and public transportation. This is a must-see dream condo! *Tenant to independently verify all information including but not limited, hoa rules/restrictions, Skyline/Hilton amenities, etc.

Last Agent to Rent the Property

Diane Rose Prince

Christie's Int'l Real Estate Brokerage Phone: (512) 575-3644 License #0708722 Listed on: 01/01/2024

Christie's Int'l Real Estate

Last Renter's Agent

Diane Rose Prince

Christie's Int'l Real Estate Brokerage Phone: (512) 575-3644 License #0708722 Listed on: 01/01/2024

Christie's Int'l Real Estate

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,158

Year Built

  • Built in 2004

Lot Details

  • Northeast Facing Home

Parking

  • 2 Car Garage
  • Gated Parking
  • Reserved Parking
  • Community Parking Structure

Property Views

  • Panoramic

Interior Spaces

  • 899 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom
  • Soaking Tub

Home Security

Outdoor Features

  • Heated In Ground Pool

Schools

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

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • High Speed Internet

Listing and Financial Details

  • Security Deposit $3,300
  • Tenant pays for cable TV, electricity, gas
  • The owner pays for trash collection, water
  • Negotiable Lease Term
  • $65 Application Fee
  • Assessor Parcel Number 02040420580000

Community Details

Overview

  • Property has a Home Owners Association
  • 98 Units
  • Five Fifty 05 Condo Amd Subdivision
  • Lock-and-Leave Community

Amenities

  • Concierge
  • Valet Parking
  • Room Service
  • Rooftop Deck
  • On-Site Retail
  • Planned Social Activities
  • Community Mailbox
  • Bike Room

Recreation

  • Trails

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Pet Deposit $500
  • Breed Restrictions

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Controlled Access
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System
  • Fire Escape

Condo Details

Home Type

Condominium

Est. Annual Taxes

$10,158

Year Built

Built in 2004

Lot Details

0

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Cable TV, Electricity, Gas
  • Pets Allowed: Number Limit, Size Limit, Breed Restrictions, Negotiable
  • Available Date: 2024-01-01
  • App Deposit Payable To: owner
  • App Fee Payable To: Go4Rent
  • Application Fee: 65
  • Application Policy: Best Qualified Application
  • Application Required: See Online App,TAR App
  • First Month Rent Payable To: Broker
  • Max Numof Pets: 1
  • Monthly Pet Rent: 0
  • Additional Pet Fee: 0
  • Pet Deposit: 500
  • Max Lease Months: 24
  • Online App Instructions: https://go4rent.com/agent-listings/65849
  • Online App Instructions Public: https://go4rent.com/agent-listings/65849
  • App Delivery To: Go4Rent.com

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Year Built: 2004
  • Direction Faces: Northeast
  • Directions: From I-35 go West on E 5th St. Building is on your left. The entrance for the 5 Fifty Five condos is separate from the Hilton hotel entrance. Please find parking on the street or public garage for the Hilton Hotel. Left out of the elevator, take the first right and follow the hallway to unit #2701.
  • Disclosures: None
  • Fencing: None
  • Garage Spaces: 2
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Lease Term: Negotiable
  • Levels: One
  • Living Area: 899
  • Attribution Contact: (512) 575-3644
  • Attribution Contact: (512) 575-3644
  • FEMA Flood Plain: No
  • Unit Style: Tower (14+ Stories)
  • Complex Name: 5 Fifty Five
  • Smoking Inside YN: 0
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Granite Counters, High Speed Internet, Kitchen Island, Primary Bedroom on Main, Soaking Tub
  • View: City, Panoramic
  • Flooring: Carpet, Stone, Wood
  • Accessibility Features: See Remarks
  • Appliances: Dishwasher, Disposal, Exhaust Fan, Gas Range, Microwave, Refrigerator, Washer/Dryer Stacked
  • Main Level Bedrooms: 1
  • Security Features: 24 Hour Security, Carbon Monoxide Detector(s), Fire Alarm, Fire Escape, Fire Sprinkler System, Smoke Detector(s)
  • Window Features: Window Coverings
  • ResoLivingAreaSource: PublicRecords
  • Laundry Location: In Unit,Laundry Closet
  • Num Dining: 1
  • Num Living: 1
  • Min Lease Months: 12

Beds/Baths

  • Full Bathrooms: 1
  • Bedrooms: 1

Exterior Features

  • Exterior Features: Balcony
  • Roof: See Remarks
  • Foundation: See Remarks
  • Patio And Porch Features: None
  • Pool Features: Heated, In Ground, Pool/Spa Combo, See Remarks
  • Private Pool: Yes
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 2
  • Parking Features: Garage, Gated, Reserved
  • Total Parking Spaces: 2

Utilities

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

Association/Amenities

  • Association: Yes
  • Community Features: Bike Storage/Locker, Cluster Mailbox, Concierge, Controlled Access, Fitness Center, Garage Parking, Gated, Google Fiber, Lock and Leave, On-Site Retail, Planned Social Activities, Pool, Property Manager On-Site, Rooftop Lounge, Room Service, Sauna, Storage, ValetParking, Walk/Bike/Hike/Jog Trail(s, See Remarks

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: Views
  • Parcel Number: 02040420580000
  • Lot Size Acres: 0.0022
  • Lot Size Sq Ft: 95.83
  • Subdivision Name: Five Fifty 05 Condo Amd

Building Info

  • Construction Materials: See Remarks
  • New Construction: No

Multi Family

  • Number Of Units Total: 98

Tax Info

  • Tax Map Number: 2701
  • Tax Filled Sqft Total: 899

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2005
Sold by
Bda 555 Ltd
Bought by
Korsgaard Gary and Korsgaard Family Trust
Current Estimated Value
$549,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,625
Interest Rate
5.61%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Korsgaard Gary -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Korsgaard Gary $281,250
Closed Korsgaard Gary $335,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Rented $3,200 -3.0% --
02/15/2024 02/15/24 Under Contract -- -- --
01/19/2024 01/19/24 Price Changed $3,300 -2.8% $4 / Sq Ft
01/01/2024 01/01/24 For Rent $3,395 +9.5% --
08/08/2022 08/08/22 Rented $3,100 0.0% --
08/07/2022 08/07/22 Under Contract -- -- --
08/02/2022 08/02/22 Price Changed $3,100 +3.3% $3 / Sq Ft
08/02/2022 08/02/22 Price Changed $3,000 0.0% $3 / Sq Ft
08/02/2022 08/02/22 For Rent $3,000 -3.2% --
07/17/2022 07/17/22 Rented $3,100 +3.3% --
07/04/2022 07/04/22 For Rent $3,000 +3.4% --
02/11/2022 02/11/22 Rented $2,900 0.0% --
01/25/2022 01/25/22 Under Contract -- -- --
01/06/2022 01/06/22 For Rent $2,900 0.0% --
12/22/2021 12/22/21 Sold -- -- --
12/05/2021 12/05/21 Pending -- -- --
11/16/2021 11/16/21 Price Changed $655,000 -4.4% $729 / Sq Ft
10/20/2021 10/20/21 For Sale $685,000 0.0% $762 / Sq Ft
06/30/2020 06/30/20 Rented $2,450 -2.0% --
06/24/2020 06/24/20 Price Changed $2,500 -9.1% $3 / Sq Ft
06/22/2020 06/22/20 Price Changed $2,750 -2.7% $3 / Sq Ft
06/18/2020 06/18/20 Price Changed $2,825 -0.9% $3 / Sq Ft
05/15/2020 05/15/20 Price Changed $2,850 -0.9% $3 / Sq Ft
05/08/2020 05/08/20 Price Changed $2,875 -0.9% $3 / Sq Ft
04/30/2020 04/30/20 Price Changed $2,900 -1.7% $3 / Sq Ft
04/02/2020 04/02/20 For Rent $2,950 +10.1% --
01/15/2016 01/15/16 Rented $2,680 -2.5% --
12/19/2015 12/19/15 Under Contract -- -- --
12/01/2015 12/01/15 For Rent $2,750 0.0% --
08/25/2014 08/25/14 Rented $2,750 -3.5% --
08/21/2014 08/21/14 Under Contract -- -- --
08/04/2014 08/04/14 For Rent $2,850 +3.6% --
09/13/2013 09/13/13 Rented $2,750 0.0% --
09/13/2013 09/13/13 Under Contract -- -- --
09/08/2013 09/08/13 For Rent $2,750 +5.8% --
08/01/2012 08/01/12 Rented $2,600 0.0% --
06/24/2012 06/24/12 Under Contract -- -- --
06/21/2012 06/21/12 For Rent $2,600 -- --
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
2025 $10,158 $436,434 $47,115 $389,319
2023 $11,749 $642,122 $47,115 $595,007
2022 $11,329 $573,651 $47,115 $526,536
2021 $9,273 $426,000 $47,115 $378,885
2020 $8,944 $417,000 $32,981 $384,019
2018 $9,719 $439,000 $20,259 $418,741
2017 $10,348 $464,000 $20,259 $443,741
2016 $10,883 $488,000 $20,259 $467,741
2015 $9,877 $434,000 $20,259 $413,741
2014 $9,877 $415,047 $20,259 $394,788
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 8572766

Unlock MLS (Austin Board of REALTORS®)

APN: 703589