#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024This property has sold on November 19, 2025. Looking for something similar? Contact us or browse available homes.
501 West Ave Unit #1202
Austin, TX, 78701
Per MLS rules, only the primary photo is shown for non-Keenan closed listings.
This property is no longer actively listed. We can help you find similar homes currently for sale, notify you if this property relists, or explore off-market opportunities in the area.
Why you're seeing this property: Unlike major portals that hide off-market listings, we maintain the most comprehensive Austin property database. View market history, neighborhood data, and discover similar homes currently for sale. #1 Austin Realtor Team 2024.
PRICE REDUCTION! Spacious 1 bedroom / 1 bathroom West facing condo at 5th&West Residences. Upon entering you will find a large kitchen with a waterfall quartz counter island with bar seating, custom cabinetry, state of the art Miele appliances and wine fridge. The entire condo features hardwood flooring throughout, electronic shades, recessed lighting and large picture windows that bring in tons of natural light. Use the extra space in the living room for a dining room, home office, reading nook or addtional seating area. In the bedroom you'll find floor to ceiling sliding glass doors that lead out to the balcony with panoramic views of Downtown Austin. The beautiful marble ensuite features a dual vanity, seamless glass shower and walk in closet. 1 parking spot with an EV CHARGING STATION & ONE LARGE STORAGE SPACE ($50k value) INCLUDED! Enjoy stunning building amenities designed by award winning Michael Hsu including the owner's lounge with multiple lounge areas, a chef's kitchen and large dining space perfect for entertaining. The state of the art fitness center features a yoga / spin room as well as a separate gym with state of the art equipment. Outside is the sky deck where you can take in the city skyline views and grilling areas leading out to the beautiful resort style pool deck. 2 guest suites are located on the amenity floor and can be reserved for a fee for your guests. Walk to Lady Bird Lake/Hike & Bike Trail, Whole Foods, Trader Joe's, 2nd St District, Seaholm District, West 6th St and all that Downtown ATX has to offer. Truly an amazing location and sought after luxury building! 1st year interest rate BUY DOWN offered from preferred lender Chandra Carthrae with Supreme Lending
Property Type
Residential
Year Built
2018
$/Sq Ft
$709
HOA
$758.26/mo
Garage
1 spaces
Pool
Yes
Listed by Compass RE Texas, LLC
Verified property facts
501 West Ave Unit #1202 is listed at $599,900 with 1 bedrooms, 1 full bathrooms, 846 square feet, 0.00-acre lot. This places it above the ZIP 78701 single-family, condominium, and townhouse closed-sale median price of $585,000 (ZIP 78701 geography · single-family, condominium, and townhouse closed sales · median sale price · trailing 12 months as of Sep 18, 2026).
501 West Ave Unit #1202 is zoned for Austin ISD with assigned schools: Mathews (10/10) (elementary), O Henry (middle), Austin (7/10) (high). School assignments should be verified directly with the district.
501 West Ave Unit #1202 is a Residential built in 2018 featuring 1 bedrooms, 1 full bathrooms, 846 square feet, 0.00-acre lot.
501 West Ave Unit #1202 is listed by Compass RE Texas, LLC. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Apr 25, 2026.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Foundation
Parking
1 record on file
Every recorded listing, sale, and lease at 501 West Ave Unit #1202, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listing timeline with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-11.7% | — | $640,049 | — | — |
2024+0.0% | — | $724,572 | $11,785 | $696,554 |
2023+36.0% | — | $724,572 | $11,785 | $712,787 |
2022+0.1% | — | $532,957 | $11,785 | $712,787 |
2021 | — | $532,588 | $11,785 | $521,172 |
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($120K)
Adjustable assumption - not a lending recommendation.
$599,900
Luxury property intelligence
A sourced read on Downtown Austin pricing, timing, and property scale. No automated valuation claim.
List price
$599,900
Price per sqft
$709/sqft
Vs. Neighborhood guide reference price
-31.4%
$875K · Downtown Austin neighborhood guide · reference price
Days on market
Not available
Original to current
$49.6K reduction
$649.5K original
Active inventory context
Ask for current inventory
Price Position in Downtown Austin
Listed 31% below the Downtown Austin neighborhood guide reference price. Downtown Austin neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Apr 25, 2026.
Request Private Market AnalysisLifestyle, schools, market context, and homes in Downtown Austin
Active listings and buyer search context in Downtown Austin
ZIP-level neighborhoods, schools, lifestyle, and Austin market context
District guide, nearby schools, and homes by attendance area
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
501 West Ave Unit #1202 is priced at $709 per square foot across 846 sqft. The Downtown Austin neighborhood guide reference price is $875,000 (Downtown Austin neighborhood guide · reference price).
The most recent annual property tax for 501 West Ave Unit #1202 is $12,685. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
This page does not assume a mortgage rate or publish a monthly payment for 501 West Ave Unit #1202. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Apr 25, 2026, 501 West Ave Unit #1202 is offered at $599,900. The current MLS snapshot shows 223 active listings in 78701. Keenan Group has completed 11 verified transactions in 78701 within its 1,000+ completed transactions and $1B+ career volume across Austin. See Keenan Group's Downtown Austin guide for current neighborhood analysis.
501 West Ave Unit #1202 was built in 2018, making it 8 years old with relatively recent construction.
The MLS listing reports HOA or association dues of $758 monthly for 501 West Ave Unit #1202. It does not establish included amenities, services, rules, reserves, or current assessments; verify those items in current association documents.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Downtown Austin is one of Austin's established neighborhoods, zoned for Austin ISD in the 78701 area. The Keenan Group has specialized in Downtown Austin real estate for 25+ years with 1,000+ career transactions. Contact (512) 415-7653 for current market conditions and available homes.
Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)
Walker's Paradise
Good Transit
Very Bikeable
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
7 events on record
Current Price
$599,900
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-11.7% | — | $640,049 | — | — |
2024+0.0% | — | $724,572 | $11,785 | $696,554 |
2023+36.0% | — | $724,572 | $11,785 | $712,787 |
2022+0.1% | — | $532,957 | $11,785 | $712,787 |
2021 | — | $532,588 | $11,785 | $521,172 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Comparable homes that recently closed in this area
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in Fifth & West Residences
Neighborhood guide and local insights
Downtown Austin runs from the Colorado River north to the Capitol, bounded by I-35 to the east and Lamar to the west. It is the densest residential market in Central Texas with high-rise condos, historic lofts, and luxury towers concentrated in distinct sub-districts. The Seaholm District anchors the west end with the Seaholm Residences and the new Google tower reshaping the skyline. Rainey Street sits along the lake's north shore - what was a street of bungalow bars is now flanked by 40-story residential towers including 70 Rainey and The Lakeshore. The Warehouse District between 3rd and 6th Streets draws buyers who want walkable nightlife and restaurant access. Congress Avenue bisects downtown and remains the civic spine connecting the Capitol to the lake. The Austonian (56 floors), The Independent (58 floors), and 360 Condominiums are the marquee towers. Newer projects like Sixth & Guadalupe and The Republic continue adding inventory. Price points range from $400K studio condos to $5M+ penthouses with lake and Hill Country views. Walk Score averages 95+. The MetroRail Red Line stops at downtown station. Major employers including the State of Texas, UT Austin, and a growing tech presence (Google, Meta, Apple satellite offices) generate consistent housing demand. Nightlife, dining, live music, and Lady Bird Lake hike-and-bike trail are all within walking distance. Buyers here are typically professionals, empty nesters downsizing from suburban estates, investors, and out-of-state relocations drawn to Austin's urban core. HOA fees range from $400/month in older buildings to $2,000+ in full-service towers. Most buildings include concierge, pool, fitness center, and secure parking.
Looking for more homes in Downtown Austin?
Contact an Expert →Active listings near 501 West Ave Unit #1202
Recent sales for market context
