NOT LISTED FOR SALE

Estimated Value: $478,818 - $546,000

1 Bed
1 Bath
847 Sq Ft
$592/mo HOA Fee

Last Sold March 31, 2023

Current estimated payment $4,227/month

28 Days on Market

Highlights

  • Fitness Center
  • Building Security
  • Panoramic View
  • Mathews Elementary School Rated A
  • Spa
  • 5-minute walk to Sir Swante Palm Park

About This Home

As of March 2023

Perched high on the 28th floor, this one-bed, one-bathroom unit in Austin's popular Five Fifty Five condominiums lives surprisingly large and has stunning east-facing views. Floor-to-ceiling windows and a walk-out balcony add to the open and spacious feel. The kitchen offers plenty of storage and light wood cabinetry with contrasting black granite countertops. Commercial style Wolf range with six burners, vent hood, wine cooler, and warming drawer. Bedroom with recent carpet connects to a full bath with a nice soaking tub. The unit includes one assigned parking space in the secure garage and a storage closet. Connected to the Hilton Hotel, the residences have a private entrance with 24-hour concierge services, yet access to great restaurants, bars, and a Starbucks coffee in the building. The location is right in the heart of downtown with East Sixth Street nightlife just two blocks away. Receive a discounted rate to the brand new F45 hip hop style workout club that includes access to the Hilton pool and bar.

Last Agent to Sell the Property

Lauren Powell

Kuper Sotheby's Int'l Realty License #0563261 Listed on: 02/10/2023

Kuper Sotheby's Int'l Realty

Last Buyer's Agent

Andrew Ware

Moreland Properties License #0642663

Moreland Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,827

Year Built

  • Built in 2004

HOA Fees

  • $592 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Storage or Cabinetry
  • Community Parking Structure

Property Views

  • Panoramic

Home Design

  • Slab Foundation

Interior Spaces

  • 847 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Entrance Foyer

Kitchen

  • Breakfast Bar
  • Free-Standing Gas Range
  • Warming Drawer
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Washer and Dryer

Outdoor Features

  • Spa

Schools

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

Additional Features

  • No Interior Steps
  • East Facing Home
  • City Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Down Payment Assistance Available
  • Legal Lot and Block 2821 / UNT 2821 FIVE FIFTY FIVE
  • Assessor Parcel Number 02040420780000
  • 2% Total Tax Rate

Community Details

Overview

  • Association fees include common area maintenance, gas, insurance, maintenance structure, parking, sewer, trash, water
  • Five Fifty 05 HOA
  • Visit Association Website
  • High-Rise Condominium
  • Five Fifty 05 Condo Amd Subdivision
  • Lock-and-Leave Community
  • Mandatory home owners association

Amenities

  • Sundeck
  • Lounge
  • Package Room

Recreation

Security

  • Building Security
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,827

Year Built

Built in 2004

Lot Details

0

HOA Fees

$592 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: Tower (14+ Stories)
  • Restrictions: See Remarks
  • Year Built: 2004
  • Additional Parcels: No
  • Direction Faces: East
  • Directions: Head east on 5th Street from Congress Avenue. The 5 Fifty Five is located in the same building as the Hilton Austin but has a separate entrance/lobby/elevator bank at the southwest corner of 5th & Red River.
  • Disclosures: Seller Disclosure
  • Estimated Taxes: 9008.00
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: None
  • Garage Spaces: 1.00
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Guest Accommodation Description: None
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: One
  • Living Area: 847.00
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Title: Negotiable
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Ceiling-High, Counter-Granite, Entrance Foyer, No Interior Steps, Open Floorplan, Primary Bedroom on Main, Recessed Lighting, Stackable W/D Connections, Walk-In Closet(s)
  • Laundry Location: Laundry Closet
  • View: City, Panoramic
  • Flooring: Carpet, Tile, Wood
  • Num Dining: 1
  • Num Living: 1
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Microwave, Free-Standing Gas Range, Refrigerator, Warming Drawer, Washer/Dryer, Wine Refrigerator
  • Main Level Bedrooms: 1
  • Property Condition: Resale
  • Security Features: Building Security, Key Card Entry
  • Window Features: Window Coverings

Beds/Baths

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

Exterior Features

  • Exterior Features: Balcony
  • Roof: None
  • Foundation: Slab
  • Patio And Porch Features: None
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 1.00
  • Parking Features: Garage, Storage
  • Total Parking Spaces: 1.00

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Gas, Insurance, Maintenance Structure, Parking, Sewer, Trash, Water
  • Association Fee Frequency: Monthly
  • Association Fee: 592.25
  • Community Web Site: https://www.the5fiftyfive.com

Association/Amenities

  • Association Name: Five Fifty 05 HOA
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: Controlled Access, Fitness Center, Garage Parking, Lock and Leave, Lounge, Package Service, Pool, Restaurant, Spa/Hot Tub, Sundeck

Schools

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

Lot Info

  • Lot Features: City Lot
  • Parcel Number: 02040420780000
  • Lot Size Acres: 0.0020
  • Lot Size Sq Ft: 87.12
  • Subdivision Name: Five Fifty 05 Condo Amd

Building Info

  • Construction Materials: None
  • New Construction: No

Tax Info

  • Tax Block: UNT 2821 FIVE FIFTY FIVE
  • Tax Filled Sqft Total: 847
  • Tax Lot: 2821
  • Tax Rate: 1.97490000000000
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2023
Closed on
Mar 31, 2023
Sold by
Barrientos Ramiro
Bought by
Sutton Emma
Seller's Agent
Lauren Powell
Kuper Sotheby's Int'l Realty
Buyer's Agent
Andrew Ware
Moreland Properties
List Price
$625,000
Sold Price
$564,800
Premium/Discount to List
-$60,200
-9.63%
Views
18
Current Estimated Value
$512,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$52,391
Avg. Annual Appreciation
-4.92%

Purchase Details

Closed on
Jan 1, 2021
Sold by
Wray John and Wray Michele
Bought by
Silent W Investments Llc

Purchase Details

Listed on
May 20, 2014
Closed on
Sep 26, 2014
Sold by
Hauck Laura M and Hauck Griffith Laura
Bought by
Wray John and Wray Michele
Seller's Agent
Robin Wright Banister
Compass RE Texas, LLC
Buyer's Agent
Robin Wright Banister
Compass RE Texas, LLC
List Price
$423,500
Sold Price
$375,000
Premium/Discount to List
-$48,500
-11.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.79%
Original Mortgage
$300,000
Interest Rate
4.1%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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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
Sutton Emma -- Stewart Title
Silent W Investments Llc -- None Available
Wray John -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barrientos Ramiro $360,000
Previous Owner Wray John $295,200
Previous Owner Wray John $300,000
Previous Owner Hauck Laura M $326,291
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold -- -- --
03/10/2023 03/10/23 Pending -- -- --
03/06/2023 03/06/23 Price Changed $595,000 -4.8% $702 / Sq Ft
02/10/2023 02/10/23 For Sale $625,000 +47.1% $738 / Sq Ft
11/24/2021 11/24/21 Sold -- -- --
10/03/2021 10/03/21 Pending -- -- --
09/30/2021 09/30/21 For Sale $425,000 +12.0% $502 / Sq Ft
10/01/2014 10/01/14 Sold -- -- --
08/19/2014 08/19/14 Pending -- -- --
07/11/2014 07/11/14 Price Changed $379,500 -4.9% $448 / Sq Ft
06/20/2014 06/20/14 Price Changed $399,000 -1.5% $471 / Sq Ft
06/16/2014 06/16/14 Price Changed $405,000 -4.4% $478 / Sq Ft
05/20/2014 05/20/14 For Sale $423,500 0.0% $500 / Sq Ft
05/07/2012 05/07/12 Rented $2,000 -9.1% --
05/07/2012 05/07/12 Under Contract -- -- --
04/20/2012 04/20/12 For Rent $2,200 -- --
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 $9,827 $541,075 $44,375 $496,700
2022 $9,008 $456,115 $44,375 $411,740
2021 $8,346 $383,435 $44,375 $339,060
2020 $8,114 $378,285 $31,063 $347,222
2018 $9,485 $428,412 $19,081 $409,331
2017 $9,504 $426,177 $19,081 $407,096
2016 $9,290 $416,561 $19,081 $397,480
2015 $8,432 $379,255 $19,081 $360,174
2014 $8,432 $354,327 $19,081 $335,246
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 7625320

Unlock MLS (Austin Board of REALTORS®)

APN: 703613