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$3,960,000

NAL Estimated Property Value

501 West Ave Apt 3803, Austin, TX, 78701

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,822 Sq Ft
price_per_sqft$1,594.79 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
AppliancesBuilt In Gas Oven, Built In Gas Range, Built In Refrigerator, Dishwasher, Disposal, Wine Refrigerator
FlooringMarble, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size174 sqft

Building Information

Year Built2018
Stories1
Garage Spaces3

Land Information

APN01070034530000
Lot Number3803
SubdivisionFifth & West Residences Condominium
Land UseResidential
Legal DescriptionUNT 3803 FIFTH & WEST RESIDENCES CONDOMINIUM PLUS 1.0394 % INT IN COM AREA
Census Tract001102
Assessed Land Value$39,106
Assessed Improvement Value$2,460,260
Assessment Year2025

About this property

Experience unparalleled luxury in this northeast-facing 38th floor penthouse at the prestigious Fifth & West Residence Tower in downtown Austin. This elegant 3-bedroom, 3.5-bath residence boasts floor-to-ceiling windows with breathtaking views of Lady Bird Lake, the Capitol, and the hill country. Watch the sunrise over the lake from the comfort of your living room. The exquisite kitchen, featuring Miele appliances and marble countertops, flows seamlessly into spacious living areas, perfect for entertaining. The owner's suite offers a private balcony, spa-like bath, dual closets, and a dressing area. The junior penthouse features double pane windows, cork ceilings, and a built in sound system to create a serene and peaceful space. With three reserved parking spaces and access to exclusive amenities, this home exemplifies modern sophistication.

Investor Tools

Property Icon
$3,960,000
Estimated Property Value
$2,184,356Estimated Mortgage Balance
$1,779,938Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$27,003 /month
Positive
Cash Flow Estimate:
$9,001 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$6,022/month
$1,650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$52,460
$2,499,366
2025
$39,106
$2,460,260
$2,499,366
No

Tax History

Year
Tax Paid
Assessed Value
2024
$52,460
$2,499,366

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plainscapital Bank
Commercial
$2,424,500
No
First
Feb 10, 2021
Feb 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$2,184,356
$345,644
13%
55%
$14,537/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,130/mo
$16,187/mo
$-13,057/mo
0.9%

City: Austin

501 West Ave Apt 3803 | Property Details | No Agent List