$4,450
501 West Ave 3202, Austin, TX, 78701
Highlights
Interior
Exterior
Building Information
About this property
Come home to a light-filled space, above Downtown Austin’s Market District at Fifth & West Residences. With seamless western views that extend from Lady Bird Lake to the Hill Country, you can enjoy the natural beauty of Austin while living in the center of it all. Entertain with style in the open layout. A sleek kitchen occupies an oversized footprint, perfect for food-lovers and home chefs. The thoughtfully-designed kitchen includes flat-front, Italkraft cabinetry, quartz-topped island with a waterfall edge and breakfast bar seating. Luxurious upgraded Miele appliance package includes double ovens, built-in wine refrigerator, 5-burner gas cooktop and 36" counter depth refrigerator. Your owner’s suite is an escape from your busy life and comes complete with blackout shades and an oversized walk-in closet with custom Italian built-ins. Step out onto your private terrace for a little fresh air and sunset views overlooking the rolling hills of Westlake. Walls of glass and 9 ft+ ceilings make this 1 bedroom/1.5 bath residence feel more spacious. Partial storage, parking for one car, keyless entry, and smart home automation complete the picture. Fifth and West reframes the art of living downtown with striking residences, effortless ownership, and a perfect downtown location. Live within walking distance to the Austin Central Library, a range of outdoor dining and nightlife options, Bookpeople, Whole Foods, and the hike and bike trail at Lady Bird Lake. Offered unfurnished for 12-24 months. No smoking inside the unit. Pets negotiable with deposit. Tenant responsible for all utilities. Owner pays HOA dues. Tenant will have a reserved parking space P240 and partial access to storage unit S240.
Financing Details
Learn About the Market: Opportunity in Austin




Explore
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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