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$2,899,000

501 West Ave 3701, Austin, TX, 78701

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,517 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1,151.77 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market List

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesOven, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Microwave, Stainless Steel Appliance(s)
FlooringWood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony

Building Information

Garage Spaces2

About this property

Welcome to 501 West Avenue Unit 3701, an exquisite junior penthouse that redefines sophistication. Boasting over 2,500 square feet, this residence offers a harmonious fusion of space, style, and comfort. With three bedrooms, a study, and three bathrooms, every corner is designed to elevate your lifestyle. Step into a realm of refined living where every detail has been meticulously curated. Custom furnishings grace each room, harmonizing perfectly with the approximately 10’5” ceiling heights that amplify the sense of grandeur. Smartly designed custom closets cater to your organizational needs while automated lighting and shades add an extra layer of convenience. Indulge in the seamless blend of modernity and opulence, and experience life at the apex of luxury. With the exception of a few pieces, the property is being offer furnished, featuring Martha O’Hara Interiors’ signature style. Fifth and West Residences redefine downtown living with their striking design, effortless ownership, and unbeatable location. Situated in the heart of the Market District, you’ll have the best of Austin within walking distance. Explore the Austin Central Library, indulge in a variety of outdoor dining and nightlife options, browse the shelves at Bookpeople, shop at Whole Foods, or take a leisurely stroll along the hike and bike trail at Lady Bird Lake. Don’t miss this opportunity to own a remarkable property that combines luxurious living, stunning views, and a prime downtown location. Experience the pinnacle of urban living at Fifth & West Residences. Tax and assessed values are estimates for illustration purposes only. All figures should be independently verified. The listed exclusions represent some, but not necessarily all, of the items Seller will be removing from the Property prior to closing. A full and final list of non-realty to be established at contract and/or option.

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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$17,394 /month
Positive
Cash Flow Estimate:
$5,798 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$2,166/month
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 3701 | Property Details | No Agent List