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$749,999

501 West Ave Apt 2202, Austin, TX, 78701

On MarketInfo
Beds1 Beds
Baths2 Bath
Baths846 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$886.52 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
AppliancesOven, Cooktop, Dishwasher, Disposal, Microwave, Washer/Dryer Stacked
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size52 sqft

Building Information

Year Built2018
Stories1
Garage Spaces1

Land Information

APN01070033900000
Lot Number2202
SubdivisionFifth & West Residences Condominium
Land UseResidential
Legal DescriptionUNT 2202 FIFTH & WEST RESIDENCES CONDOMINIUM PLUS .3137 % INT IN COM AREA
Census Tract001102
Assessed Land Value$11,803
Assessed Improvement Value$613,210
Assessment Year2025

About this property

Welcome to Unit 2202 at the Fifth and West Residences in the heart of downtown Austin. Located on the 22nd floor, this luxurious condo offers unparalleled sophistication and breathtaking views overlooking West Austin and Lady Bird Lake. Immerse yourself in the elegance of modern, urban living with floor-to-ceiling windows that flood the space with natural light, creating a warm and inviting ambiance. Stepping into the kitchen, you’ll find top-of-the-line stainless steel Miele appliances with double ovens, a built-in wine refrigerator, a five-burner gas cooktop and a countertop-depth refrigerator. The sleek and modern quartz topped waterfall edged island seamlessly blends functionality with style. The primary suite is a true sanctuary, featuring a serene bedroom with picturesque windows and a spa-like bathroom, complete with marble flooring and premium fixtures & finishes. The oversized walk-in closet boasts custom built-ins for ample storage as well as an LG washer and dryer. This unit also includes a stylish half bathroom, adorned with custom wallpaper, adding a unique touch of character and charm. Step outside on your spacious terrace, where you can take in the stunning views of West Austin while sipping your morning coffee or relaxing in the evening with a glass of wine. This unit embraces effortless ownership with an included parking space and storage unit in addition to keyless entry, remote controlled window treatments and other smart home features. Residents have the privilege of utilizing the yoga studio, an event kitchen, a fitness studio, a grill and bar area, a pool with wet deck, cabana, and game room. For pet owners, there’s a dedicated dog park and pet spa. The location extends beyond its doors with easy access to Austin’s best restaurants, shops, Whole Foods Market, Trader Joes, and multiple entertainment venues. Experience the epitome of luxury living in downtown Austin at Unit 2202 in the Fifth and West Residences!

Investor Tools

Property Icon
$625,013
Estimated Property Value
$0Estimated Mortgage Balance
$625,013Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,500 /month
Positive
Cash Flow Estimate:
$1,500 /month

Interested in this property?

Patton Drewett

Compass RE Texas, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,459/month
$728/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,378
$625,013
2025
$11,803
$613,210
$625,013
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,378
$625,013

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$625,013
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
$728/mo
+$1,352/mo
4.0%

Learn About the Market: Opportunity in Austin

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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.

Explore Texas Explore This Area
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 Apt 2202 | Property Details | No Agent List