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$831,390

501 West Ave Apt 1403, Austin, TX, 78701

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths930 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$935.48 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
AppliancesOven, Built-In Electric Range, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Wine Refrigerator
FlooringStone, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size57 sqft

Building Information

Year Built2018
Stories1
Garage Spaces1

Land Information

APN01070033530000
Lot Number1403
SubdivisionFifth & West Residences Condominium
Land UseResidential
Legal DescriptionUNT 1403 FIFTH & WEST RESIDENCES CONDOMINIUM PLUS .3519 % INT IN COM AREA
Census Tract001102
Assessed Land Value$13,239
Assessed Improvement Value$818,151
Assessment Year2025

About this property

Welcome home to a luxury, light-filled space above Downtown Austin’s Market District at Fifth & West Residences. With southeastern views overlooking Austin’s dynamic cityscape, you can enjoy the natural beauty of Austin while living in the center of it all. The thoughtfully designed kitchen includes flat-front, Italkraft cabinetry, stainless-steel Miele appliances, quartz-topped island with a waterfall edge and breakfast bar seating. The luxurious appliance package includes double ovens, a built-in wine refrigerator, 5-burner gas cooktop and 36" counter depth refrigerator. The 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. The marble-clad floors and floating vanity play off the frameless glass shower in your serene full bathroom, which features a pocket door separating the water closet and third vanity, creating the feeling of an additional half bath. Step out onto your private terrace for fresh air and sunset views overlooking Austin. Walls of glass and 9 ft+ ceilings make this 1-bedroom/1.25-bathroom residence feel even more spacious. Dedicated storage, parking for one compact car, keyless entry, and smart home automation complete the picture. Fifth & West reframes the art of living downtown with striking residences, effortless ownership, and a perfect downtown location. Tax and assessed values are estimates for illustration purposes only. All figures should be independently verified. 24-Hour Advanced Showing Notice.

Investor Tools

Property Icon
$831,390
Estimated Property Value
$559,200Estimated Mortgage Balance
$360,336Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,220 /month
Positive
Cash Flow Estimate:
$1,740 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,774/month
$817/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,135
$831,390
2025
$13,239
$818,151
$831,390
No

Tax History

Year
Tax Paid
Assessed Value
2024
$17,135
$831,390

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
University Fcu
Unknown
$559,200
No
First
Jan 14, 2019
Feb 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$472,188
$359,202
43%
57%
$2,512/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
$3,330/mo
$-1,250/mo
3.0%

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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