$2,750,000

Estimated payment $20,388/month

Total Views 24
3 Beds
2.5 Baths
3,638 Sq Ft
$756 Price per Sq Ft

Highlights

  • Valet Parking
  • 24-Hour Security
  • Lake View
  • Mathews Elementary School Rated A
  • Above Ground Spa
  • 5-minute walk to Sir Swante Palm Park

About This Home

Luxury penthouse living on the 30th floor of 5FiftyFive in the heart of downtown Austin. One of the largest floor plans in the building, this expansive residence spans 3,638 square feet with soaring 12-foot ceilings, offering a rare sense of scale rarely found in high-rise living. Floor-to-ceiling windows wrap nearly every room, capturing sweeping panoramic views of downtown Austin, Lady Bird Lake, and the surrounding skyline. A coveted western exposure floods the home with natural light throughout the day and delivers breathtaking sunset views each evening—among the most dramatic and unobstructed in the city. The thoughtfully designed layout features three spacious bedrooms, three full bathrooms, and a dedicated office, ideal for remote work, a private study, or creative space. The expansive primary suite offers serene city views, a generous walk-in closet, and a spa-inspired en-suite bath. Designed for elevated entertaining, the open-concept living and dining areas flow seamlessly into the chef’s kitchen, appointed with Wolf and Sub-Zero appliances, including a 6-burner gas range, double ovens, and a full-size Sub-Zero refrigerator. A built-in wet bar with wine refrigerator, dedicated laundry room, and refined luxury finishes throughout enhance both function and sophistication. Residents enjoy a full-service lifestyle with concierge and doorman services, rooftop pool, resident lounge, state-of-the-art fitness center, Topgolf Swing Suite, and on-site F45 training. Ideally positioned near the ground-up redevelopment of East 6th Street and the new Austin Convention Center district, which will feature entertainment venues, dining destinations, and a live dance hall, this residence offers exceptional walkability and long-term appeal in one of downtown Austin’s most transformative locations. A rare opportunity to own a premier penthouse combining iconic views, generous square footage, and true luxury living.

Listing Agent

Michael Mogavero

Compass RE Texas, LLC Brokerage Phone: (512) 580-6580 License #0743205 Listed on: 01/13/2026

Compass RE Texas, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $38,490

Year Built

  • Built in 2004

HOA Fees

  • $2,800 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
  • Open Floorplan
  • Bar
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Kitchen Island
  • Quartz Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet

Outdoor Features

  • Above Ground 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

Amenities

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

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

$2,800 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: See Remarks
  • Garage Spaces: 2
  • Green Energy Efficient: Other/See Remarks
  • Green Sustainability: See Remarks
  • Levels: One
  • Living Area: 3638
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Attribution Contact: (512) 580-6580
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 42743.00
  • FEMA Flood Plain: No
  • Current Price Lot Size Squ: 7014.59
  • Current Price By Living Ar: 755.91
  • "Current Price By Original ": 1.00
  • List Price Lot Size Square: 7014.59
  • List Price By Living Area: 755.91
  • List Price By Original Lis: 1.00
  • Restrictions: None
  • Tax Exemptions: See Remarks
  • Unit Style: Tower (14+ Stories),Single level Floor Plan,Elevator
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: See Remarks, Bar, Ceiling Fan(s), Ceiling-High, Quartz Counters, Eat-in Kitchen, Kitchen Island, No Interior Steps, Open Floorplan, Pantry, Primary Bedroom on Main, Recessed Lighting, Walk-In Closet(s)
  • View: City, Hill Country, Lake, Skyline, Water
  • Flooring: See Remarks
  • Fireplace Features: See Remarks
  • Accessibility Features: See Remarks
  • Appliances: See Remarks
  • 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: Above Ground, Hot Tub
  • Window Features: See Remarks
  • Laundry Location: In Unit

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: See Remarks
  • Private Pool: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: See Remarks
  • Utilities: Cable Available, Electricity 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: 2800

Association/Amenities

  • Association Name: Five Fifty 05 Condo Amd
  • Association: Yes
  • Community Features: BBQ Pit/Grill, Bike Storage/Locker, Business Center, Cluster Mailbox, Garage Parking, 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 Filled Sqft Total: 3638
  • Tax Rate: 2.17668000000000

Map

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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
2025 $45,959 $2,501,296 $190,705 $2,310,591
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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2026 01/13/26 For Sale $2,750,000 0.0% $756 / 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®)

Purchase 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 $1,500,000 Purchase Money Mortgage
Previous Owner $1,000,000 Commercial
Source: Public Records

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 9031662

Unlock MLS (Austin Board of REALTORS®)

APN: 703635