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$1,500,000

555 E 5th St Apt 3007, Austin, TX, 78701

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths2,131 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$703.89 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesDouble Oven, Dishwasher, Exhaust Fan, Disposal, Microwave, Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size222 sqft

Building Information

Year Built2004
Stories1
Garage Spaces2

Land Information

APN02040420960000
Lot Number3007
SubdivisionFive Fifty Five Condominiums Amended
Land UseResidential
Legal DescriptionUNT 3007 FIVE FIFTY FIVE CONDOMINIUMS AMENDED PLUS .2933 % INT IN COM AREA
Census Tract001103
Assessed Land Value$111,710
Assessed Improvement Value$872,441
Assessment Year2025

About this property

Set on the 30th floor of 5FiftyFive in the heart of downtown Austin, this exceptional penthouse pairs soaring ceilings with floor-to-ceiling windows and panoramic views spanning the downtown skyline, Texas Capitol, and UT Tower. Updated by renowned interior designer Jay Jeffers, the residence features Italian wood flooring, new designer carpeting, freshly painted walls and cabinetry, custom California Closets throughout, and extensive storage in the primary suite, entry, and utility room. The spacious floor plan includes two bedrooms, two full baths, and one half bath, and expansive living and dining areas. The immaculate kitchen features Wolf and Sub-Zero appliances, including a six-burner gas range and double ovens. Retreat to the private primary suite with a walk-in closet and spa-inspired travertine bath. 5FiftyFive is one of downtown Austin’s premier full-service residential towers, where residents enjoy a private lobby, 24-hour concierge and doorman service, three private elevators, and access to hotel services including room service, restaurants, bars, and valet. Memberships to the Hilton’s spa and pool are included, offering an elevated level of service and convenience rarely found in downtown living. Positioned at the center of Austin’s most dynamic urban districts, the residence is moments from the city’s renowned dining and entertainment scene, with Rainey Street and the Second Street District just a short walk away. With major investment transforming the surrounding area, including the Convention Center redevelopment, East Sixth Street improvements, Waller Creek and Waterloo Greenway, and the I-35 Cap & Stitch, this is a rare opportunity to own a substantial downtown penthouse with exceptional views, generous storage, and two assigned parking spaces plus a storage unit. Tax and assessed values are estimates for illustration purposes only. All figures should be independently verified.

Investor Tools

$0Estimated Mortgage Balance
$984,151Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,000 /month
Positive
Cash Flow Estimate:
$3,000 /month

Interested in this property?

Trey Phillips

Moreland Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,517/month
$1,773/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,283
$984,151
2025
$111,710
$872,441
$984,151
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,283
$984,151

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$984,151
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$1,773/mo
+$667/mo
3.0%

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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555 E 5th St Apt 3007 | Property Details | No Agent List