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$1,120,000

555 E 5th St Apt 2901, Austin, TX, 78701

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths3 Bath
Baths1,755 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$638.18 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2.5Bathrooms 2.5
AppliancesBuilt In Gas Oven, Dishwasher, Disposal, Microwave, Refrigerator, Wine Refrigerator
FlooringBamboo, Carpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, See Remarks
Lot Size183 sqft

Building Information

Year Built2004
Stories1
Garage Spaces2

Land Information

APN02040420840000
Lot Number2901
SubdivisionFive Fifty Five Condominiums Amended
Land UseResidential
Legal DescriptionUNT 2901 FIVE FIFTY FIVE CONDOMINIUMS AMENDED PLUS .2415 % INT IN COM AREA
Census Tract001103
Assessed Land Value$91,985
Assessed Improvement Value$793,788
Assessment Year2025

About this property

Experience downtown Austin living from the NE corner of the 29th floor at 5FiftyFive, where a private residence meets the convenience of a full-service hotel. At 1,755 square feet, #2901 is one of the building’s larger floor plans, with 12-foot ceilings, walls of glass, 2 private balconies, & expansive views across downtown, UT Austin & beyond. The kitchen features Wolf/Sub-Zero appliances, a six-burner gas range, double ovens & full-size refrigerator. Both bedrooms have walk-in California Closets, with a balcony off the primary suite & a second off the living area. Two generous parking spaces in the secure garage & the unit's private storage space add valuable functionality. Residents can enjoy 24-hour concierge, room service, spa & fitness facilities, rooftop pool & hot tub, Topgolf Swing Suite & access to on-site F45 Training. 2 restaurants, Starbucks & a UPS Store are located in the adjoining lobby. The building's roof was replaced in 2025, with a fully paid residential hallway renovation scheduled for Jan. 2027. Beyond the building, this location puts an exceptional cross-section of Austin within blocks. The Austin Convention Center is directly across the street, with its $1.6B redevelopment underway & reopening planned for 2029. Newly opened Waterloo Greenway provides a landscaped connection toward Lady Bird Lake & the Butler Hike-&-Bike Trail. East Sixth Street, Rainey Street, the Red River Cultural District, Antone’s, Esther’s Follies, Comedy Mothership, Waterloo Park & Moody Amphitheater are nearby, along with restaurants ranging from casual to fine dining. Target & Whole Foods are approximately 2 blocks away with indoor validated parking, & Downtown Station provides nearby rail access. 5FiftyFive is also positioned near the planned Austin Light Rail route—placing this condo at the intersection of downtown living, culture, green space & Austin’s evolving transportation network.

Investor Tools

$824,342Estimated Mortgage Balance
$61,431Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,720 /month
Positive
Cash Flow Estimate:
$2,240 /month

Interested in this property?

Monica Fabbio

Christies Intl Real Estate Lone Star

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,076/month
$1,800/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$20,489
$885,773
2025
$91,985
$793,788
$885,773
No

Tax History

Year
Tax Paid
Assessed Value
2024
$20,489
$885,773

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Tdch-I Lp
Commercial
$960,000
No
First
Jul 1, 2019
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$824,342
$61,431
6%
93%
$5,756/mo

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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555 E 5th St Apt 2901 | Property Details | No Agent List