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$2,499,000

501 WEST Ave 2001, Austin, TX, 78701

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,517 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$992.85 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market List

About this property

Revel in dramatic floor-to-ceiling views of downtown Austin’s skyline and Lady Bird Lake. This residence is one of the most coveted floor plans offered at Fifth and West, but rarely comes available. With three bedrooms and three bathrooms plus a study, it’s the perfect layout for entertaining. Capitalizing on being located on the Western edge of Downtown and overlooking the Capitol view corridor, this home boasts two terraces, walls of insulated UV filtering glass, and sweeping Eastern views of Downtown Austin’s iconic city skyline and Lady Bird Lake. At the center of the home is a sleek designer kitchen distinguished by a 10-ft quartz island with a waterfall edge and breakfast bar. Custom flat-panel Italian cabinets, luxurious Miele appliances, a low-profile vent hood and large pantry makes this a dream for home chefs. A gracious study welcomes you to the expansive owner’s wing. Enjoy a tranquil spa bath while savoring panoramic sunsets in this natural light filled oasis. Dual vanities, frameless glass walk-in shower and two large closets complete your primary bedroom. Designer details such as Italkraft closets, Hansgrohe accessories, Kohler fixtures and wide-plank, white oak hardwood floors are featured throughout. Streamline your life with technology. This home has state-of-the-art features including motorized window shades, USB outlets, pre-wiring for sound, a smart thermostat and keyless entry. A laundry room large enough for a full-size side-by-side washer and dryer and utility sink is no small extravagance. This home comes with two premium parking spots and an urban storage unit. Conceived by an award-winning architecture and design team, Fifth and West is a low-density luxury community packed with amenities - 24 hour concierge, yoga & fitness studio, guest suites, pool, pet park, conference room and so much more. 24-Hour Advance Showing Notice. MORE at 5thandWest2001.com.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$14,994 /month
Positive
Cash Flow Estimate:
$4,998 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

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.

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Population Growth

Population Growth

~0.4%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$555,300

Unemployment Rate

Unemployment Rate

3.20%

Price Trend

Price Trend

~0.4% YoY growth

New Permits

New Permits

2,269 units

City: Austin

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501 WEST Ave 2001 | Property Details | No Agent List