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$942,000

NAL Estimated Property Value

555 E 5th ST 829, Austin, TX, 78701

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,469 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$475.83 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2

Exterior

Lot Size157 sqft

Building Information

Year Built2004
Stories1

Land Information

APN02040420060000
Lot Number501
SubdivisionFive Fifty Five Condominiums Amended
Land UseResidential
Legal DescriptionUNT 501 FIVE FIFTY FIVE CONDOMINIUMS AMENDED PLUS .2046 % INT IN COM AREA
Census Tract001103
Assessed Land Value$77,930
Assessed Improvement Value$696,582
Assessment Year2024

About this property

This luxury downtown Austin condo is located in the 5 Fifty Five building above the Hilton Hotel. Two balconies overlook Fourth Street, via the incredible east, south, and southwest exposure. Take in the skyline through floor-to-ceiling windows in the great room that offers balcony access. The massive kitchen is outfitted with high-end stainless steel appliances, including an updated Bosch dishwasher and a Viking stove, refrigerator, and microwave. Enjoy city views in the expansive primary suite with floor-to-ceiling windows and a sliding glass door to the second balcony. The spa-like primary bathroom features custom built-ins, dual sinks, a glass-enclosed shower, and a soaking tub. The walk-in California Closet is a dream with custom storage to suit the space. The residence also features a well-appointed walk-in laundry room with a front-load LG washer and dryer, and the unit is complete with a powder room. Three wall-mounted TVs in the great room, primary bedroom, and the guest bedroom are also included in the sale. This residence is located on the same floor as the fitness center and swimming pool complex. Single and family memberships are available and include access to an exercise/weight room, a restroom with a locker, a sauna, a Jacuzzi, an outdoor saltwater pool, and a fully stocked bar with access to food from the Hilton restaurant. Ownership in the building is also accompanied by desirable discounts on Hilton-related perks and amenities such as hotel rooms for visiting friends and family, the hotel bar and restaurant, UPS printing and packaging, and Starbucks. The building boasts top-of-the-line service, including a concierge operated daily from 10 am-6 pm, security on duty from 10pm-6 am, and dedicated maintenance. This unit comes with protected parking spaces near elevators and a storage space with a Fire King safe inside. 24HR Showing Notice. Taxes are estimates based on 2021 rate and 2022 assessed value. All tax figures should be independently verified.

Investor Tools

Property Icon
$942,000
Estimated Property Value
$565,220Estimated Mortgage Balance
$376,780Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,652 /month
Positive
Cash Flow Estimate:
$1,884 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$393/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$774,512
2024
$77,930
$696,582
$774,512
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$774,512

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$600,000
No
First
Jul 12, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$565,220
$376,780
39%
60%
$3,273/mo

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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555 E 5th ST 829 | Property Details | No Agent List