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$2,999,900

NAL Estimated Property Value

501 West Ave 3802, Austin, TX, 78701

$3,068,261 ARVInfo
Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,849 Sq Ft
price_per_sqft$1,052.97 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market List

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 4Bathrooms 4
AppliancesBuilt In Oven, Built In Refrigerator, Dishwasher, Exhaust Fan, Built In Freezer, Disposal, Microwave, Oven, Propane Cooktop, Stainless Steel Appliances, Vented Exhaust Fan, Wine Refrigerator
FlooringCarpet Free, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony

Building Information

Garage Spaces2

About this property

With over 2,800 square feet of luxury at your fingertips, the 38th floor junior penthouse is one of the most coveted and rare floor plans offered at Fifth & West. This stunning home features soaring ceilings and uninterrupted views of the Capitol, University of Texas, downtown, & Lady Bird Lake through floor-to-ceiling windows. The gourmet, chef-inspired kitchen forms the centerpiece of the home, with an oversized island with quartz waterfall edge, Italian Italkraft cabinetry, integrated wine fridge, & chef-appointed Miele appliances. The butler’s pantry adjacent to the kitchen houses everything you need to host a large party, including additional oven, dishwasher & extensive countertop & pantry for your prep & storage needs. Overlooking Lady Bird Lake, the secluded owner’s suite boasts spa-like luxury. Marble vanities & floors surround the soaking tub, frameless glass-enclosed shower & dual vanities. Two custom built closets complete the suite. Tucked away from the main living area is a study providing a practical & luxurious space with custom built in library shelves & desk for all of your work-from-home needs. The dining room & two spacious, well appointed secondary suites look out over the Capitol, downtown & the University of Texas. With state-of-the-art features, including a Savant home automation system which controls lights, temperature, & motorized window shades, the home is pre-wired for sound and has integrated keyless entry. Entrances to the building from W. 5th street take you to two deeded parking spots and a storage unit on the fourth floor. Fifth & West Residences’ resort-style amenities include concierge services, a conference room, lounge, pet verandah, fitness & yoga studios, and a pool with breathtaking panoramic views of downtown. Two fully furnished guest suites are available for exclusive use by resident’s guests. Located in the Market District, the Fifth & West Residences are located in the middle of it all!

Investor Tools

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$0
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$3,068,260
Rent-to-Value Ratio: 0.72%
Rent Estimate
$17,999 /month
Positive
Cash Flow Estimate:
$6,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$1,920/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 3802 | Property Details | No Agent List