501 West Ave Unit #1202, Austin, TX 78701

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

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.