501 West Ave Unit #1204, Austin, TX 78701

Welcome to 501 West Ave #1204, a luxurious two-bedroom, two-bathroom residence located in the prestigious Fifth and West Residences in downtown Austin, Texas. Boasting 1327 square feet of exquisite living space and two convenient parking spaces, this property offers an exceptional urban lifestyle. As you step inside, you'll be greeted by a light-filled oasis that showcases breathtaking views of both the Hill Country and downtown Austin. The open layout is perfect for entertaining, and the sleek kitchen is a chef's dream. It features Italkraft cabinetry, a quartz-topped island with a waterfall edge, and top-of-the-line Miele appliances, including a 5-burner gas cooktop and a 36" counter depth refrigerator. The owner's suite is a tranquil retreat, complete with blackout shades and an oversized walk-in closet adorned with custom Italian built-ins. Step out onto the private terrace to enjoy fresh air and breathtaking sunset views over the rolling hills of Westlake. With walls of glass and high ceilings, the condo feels incredibly spacious. This residence is equipped with modern conveniences, including keyless entry and smart home automation, ensuring a seamless and secure living experience. Fifth and West Residences redefine downtown living with their striking design, effortless ownership, and unbeatable location. Situated in the heart of the Market District, you'll have the best of Austin within walking distance. Explore the Austin Central Library, indulge in a variety of outdoor dining and nightlife options, browse the shelves at Bookpeople, shop at Whole Foods, or take a leisurely stroll along the hike and bike trail at Lady Bird Lake. Don't miss this opportunity to own a remarkable property that combines luxurious living, stunning views, and a prime downtown location. Experience the pinnacle of urban living at Fifth & West Residences.

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.