$5,500
501 West Ave 1004, Austin, TX, 78701
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About this property
LIVE THE BEST AUSTIN HAS TO OFFER. Luxurious 2-bed, 2-bath residence in the prestigious Fifth & West Residences tower, in downtown Austin. Over 1,300 sq ft of exquisite living space with an open layout, ideal for entertaining. Chef's dream kitchen with Italkraft cabinetry, quartz island, Miele appliances. Tranquil owner's suite with blackout shades, walk-in closet. Private terrace offers sunset views of Austin and the hill country. Modern conveniences include motorized window shades, automated lighting and keyless entry. Unbeatable location in the Market District, close to Austin's best attractions. Don't miss this opportunity for upscale living, stunning views, and prime downtown location. Tenant pays all utilities except association fees, and is responsible for building move-in fee of $400 and a $500 refundable deposit. Tenant must change air filter(s) every 30 days. No smokers. Pets negotiable (limit 2); depending on size and breed. $300 for small dog/cat. $500 for medium dog $750. Tenant occupied thru June 30, 2023. 24 Hour Advance Showing Notice.
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Learn About the Market: Opportunity in Austin




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Austin
Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.
From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.
Population Growth
~0.4%
Net Migration
Positive
Median Home Price
$555,300
Unemployment Rate
3.20%
Price Trend
~0.4% YoY growth
New Permits
2,269 units
City: Austin
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