$2,999,999
$275K PRICE DROP

Estimated payment $22,320/month

Total Views 2,872
3 Beds
2.5 Baths
3,638 Sq Ft
$825 Price per Sq Ft

Highlights

  • Valet Parking
  • Fitness Center
  • Spa
  • Mathews Elementary School Rated A
  • 24-Hour Security
  • 5-minute walk to Sir Swante Palm Park

About This Home

Luxury penthouse living offering incredible value for its size and square footage with top-notch amenities in the heart of downtown Austin with easy access to everything Austin has to offer. Located on the 30th floor of 5FiftyFive, this residence offers an exceptional blend of style, comfort, and convenience. One of the largest floor plans in the building, encompassing 3,638 square feet with 12' ceilings. Step inside to discover panoramic views of downtown Austin showcased through floor-to-ceiling windows from nearly every room. The western exposure floods the home with natural light, highlighting the exquisite details and finishes, and displays one of the best sunsets and views Austin has to offer. The expansive primary suite boasts a generous walk-in closet, providing ample storage and views of the Frost Tower.

This spacious residence features an office, three well-appointed bedrooms, two en-suite bathrooms, and a third bathroom for guests. The open-concept living area is perfect for entertaining, seamlessly flowing into the modern kitchen with top-of-the-line appliances including a Wolf 6 burner stove, double oven, and Sub-Zero refrigerator. A dedicated laundry room, and wet bar with a wine refrigerator add to the convenience of this exceptional home.

Residents enjoy an array of premium amenities, including a rooftop pool, a resident's lounge for social gatherings, a state-of-the-art gym for fitness enthusiasts, a Top Golf Swing Suite for those who love to perfect their swing, and F45 on-site training. The building offers a high level of service with a concierge and doorman, ensuring a seamless and secure living experience.

With redevelopment plans underway to elevate Austin's entertainment district on 6th Street and the Convention Center, take advantage of this rare opportunity to live in what is sure to be one of the most desirable locations in Austin. Schedule a viewing today and experience the perfect blend of luxury and convenience!

Listing Agent

Michael Mogavero

Compass RE Texas, LLC Brokerage Phone: (512) 580-6580 License #0743205

Compass RE Texas, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $38,490

Year Built

  • Built in 2004

HOA Fees

  • $2,400 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Community Parking Structure

Property Views

  • Lake
  • Hills

Interior Spaces

  • 3,638 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Bar Fridge
  • Bar
  • High Ceiling
  • Chandelier
  • Double Pane Windows
  • Insulated Windows
  • Dining Area
  • Security System Owned

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Bar
  • Built-In Range
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • Double Vanity
  • Garden Bath
  • Separate Shower

Outdoor Features

  • Spa

Schools

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

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Sustainability products and practices used to construct the property include see remarks
  • Northeast Facing Home

Listing and Financial Details

  • Assessor Parcel Number 02040420980000

Community Details

Overview

  • Five Fifty 05 Condo Amd Association
  • Five Fifty 05 Condo Amd Subdivision
  • Lock-and-Leave Community

Amenities

  • Valet Parking
  • Community Barbecue Grill
  • Business Center
  • Lounge
  • Community Mailbox
  • Bike Room

Recreation

Security

  • 24-Hour Security
  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System
  • Fire Escape

Property Details

Home Type

Condominium

Est. Annual Taxes

$38,490

Year Built

Built in 2004

Lot Details

0

HOA Fees

$2,400 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 2004
  • Additional Parcels: No
  • Direction Faces: Northeast
  • Directions: Head East on 5th street from Congress Ave to 5th St & Red River. Located in the Hilton Hotel with separate entrance & lobby at the SW corner of 5th and Red River.
  • Disclosures: Seller Disclosure
  • Fencing: None
  • Garage Spaces: 2
  • Green Energy Efficient: Other/See Remarks
  • Green Sustainability: See Remarks
  • Levels: One
  • Living Area: 3638
  • Other Structures: See Remarks
  • Special Listing Conditions: Standard
  • Attribution Contact: (512) 580-6580
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 42743.00
  • FEMA Flood Plain: No
  • Restrictions: None
  • Tax Exemptions: See Remarks
  • Unit Style: Tower (14+ Stories),Single level Floor Plan,Elevator
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bar, Breakfast Bar, High Ceilings, Quartz Counters, High Speed Internet, Kitchen Island, Multiple Dining Areas, No Interior Steps, Primary Bedroom on Main, Walk-In Closet(s), Wet Bar
  • View: City, Hill Country, Lake, Skyline, Water
  • Flooring: Tile, Wood, See Remarks
  • Fireplace Features: See Remarks
  • Accessibility Features: See Remarks
  • Appliances: Bar Fridge, Built-In Range, Dishwasher, Disposal, Gas Range, RNGHD, Refrigerator
  • Main Level Bedrooms: 3
  • Property Condition: Resale
  • Security Features: 24 Hour Security, Building Security, Carbon Monoxide Detector(s), Fire Alarm, Fire Escape, Fire Sprinkler System, Key Card Entry, Security System Owned, Smoke Detector(s)
  • Spa Features: Hot Tub
  • Window Features: Double Pane Windows, Insulated Windows
  • ResoLivingAreaSource: PublicRecords
  • Laundry Location: In Unit
  • Num Dining: 1
  • Num Living: 1

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms: 3

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 2
  • Parking Features: Covered, Garage, Garage Door Opener
  • Total Parking Spaces: 2

Utilities

  • Sewer: See Remarks
  • Utilities: Cable Available, High Speed Internet, Natural Gas Available
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

  • HOA Fee Includes: See Remarks
  • Association Fee Frequency: Monthly
  • Association Fee: 2400

Association/Amenities

  • Association Name: Five Fifty 05 Condo Amd
  • Association: Yes
  • Community Features: BBQ Pit/Grill, Bike Storage/Locker, Business Center, Cluster Mailbox, Covered Parking, Fitness Center, Garage Parking, Lock and Leave, Lounge, Pool, ValetParking

Schools

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

Lot Info

  • Lot Features: See Remarks
  • Parcel Number: 02040420980000
  • Lot Size Acres: 0.009
  • Lot Size Sq Ft: 392.04
  • Subdivision Name: Five Fifty 05 Condo Amd

Building Info

  • Construction Materials: See Remarks
  • New Construction: No

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 38490
  • Tax Map Number: 3022
  • Tax Filled Sqft Total: 3638
  • Tax Rate: 2.17668000000000

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $38,061 $2,376,055 $0 $0
2022 $42,659 $2,160,050 $0 $0
2021 $42,743 $1,963,682 $190,705 $1,772,977
2020 $41,721 $1,945,148 $133,494 $1,811,654
2018 $43,451 $1,962,551 $82,003 $1,880,548
2017 $41,091 $1,842,551 $82,003 $1,760,548
2016 $42,861 $1,921,910 $82,003 $1,839,907
2015 $39,443 $1,776,934 $82,003 $1,694,931
2014 $39,443 $1,657,390 $82,003 $1,575,387
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2025 04/07/25 Price Changed $2,999,999 -8.4% $825 / Sq Ft
01/17/2025 01/17/25 For Sale $3,275,000 0.0% $900 / Sq Ft
09/21/2012 09/21/12 Rented $10,000 -8.3% --
09/06/2012 09/06/12 Under Contract -- -- --
05/31/2012 05/31/12 For Rent $10,900 -- --
Source: Unlock MLS (Austin Board of REALTORS®)

Deed History

Date Type Sale Price Title Company
Vendors Lien -- None Available
Vendors Lien -- Heritage Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,496,150 New Conventional
Closed $1,500,000 Purchase Money Mortgage
Previous Owner $1,000,000 Commercial
Source: Public Records

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Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 3392904

Unlock MLS (Austin Board of REALTORS®)

APN: 703635