$420,000
Last list price
SOLD JUN 15, 2018 RENTED JAN 29, 2025
1 Bed
1 Bath
1,134 Sq Ft
$679/mo HOA Fee

Recently Sold

$370 Per Sq Ft

168 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Gated Parking
  • Mathews Elementary School Rated A
  • Saltwater Pool
  • 5-minute walk to Sir Swante Palm Park

About This Home

As of April 2021

Original model for the 555 now available. City views unfold through the north facing floor to ceiling windows. Living, kitchen, dining open floor plan. Separate master with automatic black-out solar shades. Jetted Tub and separate shower; oversized master closet. New white oak flooring. Tower Health Club memberships available: spa/pool/fitness 24 hour concierge service included in HOA fees. Excellent value for this outstanding investment opportunity.Restrictions: Yes Comm. Features: Health Club Discount

Last Agent to Sell the Property

Sharon Hillhouse

Hillhouse Realty Inc. License #0500617 Listed on: 11/10/2017

Last Buyer's Agent

Sara Foskitt

Floyd Real Estate, L.L.C. License #0598363

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,282

Year Built

  • Built in 2004

HOA Fees

  • $679 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Gated Parking
  • Reserved Parking
  • Community Parking Structure

Home Design

  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Membrane Roofing
  • Stucco

Interior Spaces

  • 1,134 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting

Kitchen

  • Oven
  • Free-Standing Range
  • Down Draft Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Home Security

Outdoor Features

  • Saltwater Pool

Schools

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

Utilities

  • Central Heating and Cooling System
  • Evaporated cooling system
  • Electric Water Heater
  • High Speed Internet

Additional Features

  • No Interior Steps
  • North Facing Home

Listing and Financial Details

  • Down Payment Assistance Available
  • Tax Lot 903
  • Assessor Parcel Number 02040420450000
  • 2% Total Tax Rate

Community Details

Overview

  • Association fees include gas, parking, sewer, trash, water
  • 5 Fifty Five Condos Association
  • High-Rise Condominium
  • Five Fifty 05 Condo Amd Subdivision
  • Mandatory home owners association
  • On-Site Maintenance
  • The community has rules related to covenants, conditions, and restrictions, deed restrictions

Amenities

  • Concierge
  • Recycling

Recreation

Security

  • Controlled Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,282

Year Built

Built in 2004

Lot Details

0

HOA Fees

$679 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: Tower (14+ Stories)
  • Building Area Total: 1134.00
  • Restrictions: Covenant, Deed Restrictions
  • Year Built: 2004
  • Direction Faces: North
  • Directions: Southwest corner of 5th and Red River. Same building as the Hilton Austin but separate entrance and lobby.
  • Disclosures: Seller Disclosure
  • Estimated Taxes: 10505.00
  • FEMA Flood Plain: No
  • Fencing: None
  • Garage Spaces: 1.00
  • Guest Accommodation Description: None
  • Intermediary: No
  • Levels: One
  • Living Area: 1134.00
  • Property Panorama: No
  • Special Listing Conditions: Standard
  • Title: Negotiable
  • Special Features: None

Interior Features

  • Interior Amenities: Elevator, No Interior Steps, Primary Bedroom on Main, Recessed Lighting
  • Laundry Location: In Unit
  • View: City
  • Flooring: Carpet, Wood
  • Fireplace Features: None
  • Num Dining: 1
  • Num Living: 1
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Down Draft, Dryer, Microwave, Oven, Free-Standing Range, Refrigerator, Stainless Steel Appliance(s), Washer, Washer/Dryer Stacked, Water Heater-Electric
  • Main Level Bedrooms: 1
  • Property Condition: Resale
  • Security Features: Fire Alarm
  • Spa Features: None

Beds/Baths

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

Exterior Features

  • Exterior Features: Balcony
  • Roof: Membrane
  • Foundation: Pillar/Post/Pier, Slab
  • Patio And Porch Features: None
  • Pool Features: Saltwater
  • Private Pool: Yes
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 1.00
  • Parking Features: Attached, Gated, Reserved
  • Total Parking Spaces: 1.00

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Gas, Parking, Sewer, Trash, Water
  • Association Fee Frequency: Monthly
  • Association Fee: 679.00

Association/Amenities

  • Management Company: Somerset - Luca Reck
  • Association Name: 5 Fifty Five Condos
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: Concierge, Controlled Access, Covered Parking, Fitness Center, Garage Parking, High Speed Internet, Maintenance On-Site, Recycling Area/Center

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

  • Parcel Number: 02040420450000
  • Lot Size Acres: 0.0030
  • Lot Size Sq Ft: 130.68
  • Subdivision Name: Five Fifty 05 Condo Amd

Rental Info

  • Furnished: Unfurnished

Building Info

  • Construction Materials: Stucco

Tax Info

  • Tax Filled Sqft Total: 1134
  • Tax Lot: 903
  • Tax Rate: 2.23014000000000
  • Tax Year: 2017
  • Tax Annual Amount: 10282.00
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2021
Closed on
Apr 9, 2021
Sold by
Sanaie Kandice
Bought by
Jia Yuan
Seller's Agent
William Floyd
Floyd Real Estate, L.L.C.
Buyer's Agent
Daniel Wang
Evergreen Properties
List Price
$421,000
Current Estimated Value
$507,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.39%
Original Mortgage
$210,500
Outstanding Balance
$191,822
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$314,554

Purchase Details

Listed on
Nov 10, 2017
Closed on
Jun 15, 2018
Sold by
Horner John A and Horner Jane E
Bought by
Sanaie Kandice
Seller's Agent
Sharon Hillhouse
Hillhouse Realty Inc.
Buyer's Agent
Sara Foskitt
Floyd Real Estate, L.L.C.
List Price
$420,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.71%
Original Mortgage
$324,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
May 26, 2005
Sold by
Bda 555 Ltd
Bought by
Horner John A and Horner Jane E
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 Type Sale Price Title Company
Vendors Lien -- None Available
Vendors Lien -- Austin Title Co
Condominium Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $210,500 Purchase Money Mortgage
Previous Owner $324,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2025 01/29/25 Rented $2,200 -8.3% --
01/15/2025 01/15/25 For Rent $2,400 -7.5% --
10/18/2023 10/18/23 Rented $2,595 0.0% --
10/17/2023 10/17/23 Under Contract -- -- --
10/17/2023 10/17/23 For Rent $2,595 0.0% --
10/03/2023 10/03/23 For Rent $2,595 +3.8% --
07/01/2021 07/01/21 Rented $2,500 0.0% --
06/11/2021 06/11/21 Under Contract -- -- --
06/08/2021 06/08/21 For Rent $2,500 0.0% --
04/09/2021 04/09/21 Sold -- -- --
02/26/2021 02/26/21 Pending -- -- --
01/28/2021 01/28/21 For Sale $421,000 +10.8% $371 / Sq Ft
06/15/2018 06/15/18 Sold -- -- --
04/27/2018 04/27/18 Pending -- -- --
04/18/2018 04/18/18 Price Changed $380,000 -9.5% $335 / Sq Ft
04/09/2018 04/09/18 Price Changed $420,000 0.0% $370 / Sq Ft
04/09/2018 04/09/18 For Sale $420,000 -1.2% $370 / Sq Ft
02/18/2018 02/18/18 Pending -- -- --
01/28/2018 01/28/18 Price Changed $425,000 -2.9% $375 / Sq Ft
01/10/2018 01/10/18 Price Changed $437,500 -2.8% $386 / Sq Ft
11/10/2017 11/10/17 For Sale $450,000 -- $397 / Sq Ft
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 $11,095 $607,720 $59,455 $548,265
2022 $10,164 $514,659 $59,455 $455,204
2021 $8,620 $396,000 $59,455 $407,273
2020 $7,722 $360,000 $41,619 $318,381
2018 $10,114 $456,842 $25,566 $431,276
2017 $10,505 $471,028 $25,566 $445,462
2016 $10,282 $461,061 $25,566 $435,495
2015 $8,038 $360,070 $25,566 $334,504
2014 $8,038 $337,763 $25,566 $312,197
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 1688878

Unlock MLS (Austin Board of REALTORS®)

APN: 703575