3 bed, 3 bath, 2,009 sqft on 0.00 acres in Downtown Austin. Austin, TX 78701. $1,650,000. Austin ISD.
About This Home
This beautifully appointed 3 bedroom, 3 bathroom corner residence at Fifth & West overflows with natural light and features stunning hill country and city views through expansive walls of windows. This residence includes motorized window shades, hardwood floors, Miele appliance collection, built-in wine chiller, Savant home automation, and two reserved parking spaces plus an EV car charger. Fifth & West reframes the art of living downtown with striking residences, a perfect downtown location and world class amenities including 24-hour concierge, yoga and fitness studios, guest suites, a rooftop pool, pet park, conference room and more. Tax and assessed values are estimates for illustration purposes only. All figures should be independently verified.
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.
School District: Austin ISD
View Downtown Austin neighborhood guide- Property Type
- Residential
- Year Built
- 2018
- Lot Size
- 0.00 acres
- Price / Sq Ft
- $821
- HOA
- $1,767.92/mo
- Garage
- 2 spaces
- Pool
- Yes
Listing information last updated August 24, 2026.
Listed by Moreland Properties
MLS# 1223923 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Breakfast Bar
- Stone Counters
- Double Vanity
- Entrance Foyer
- Kitchen Island
- Open Floorplan
- Pantry
- Primary Bedroom on Main
- Soaking Tub
- Walk-In Closet(s)
- Built-In Oven(s)
- Dishwasher
- Disposal
- Exhaust Fan
- Gas Cooktop
- Gas Range
- Microwave
- Double Oven
- Refrigerator
- Wine Refrigerator
- Marble
- Wood
- Heating
- Central
- Cooling
- Central Air
Exterior & Lot
- Balcony
- Corner Lot
- Slab
- Covered
- Patio
- Terrace
- Lot Size
- 0.00 Acres
- Assigned
- Attached
- Covered
- Garage
- Reserved
- Secured
- Garage Spaces
- 2
- Pool
- Yes
Financial
- HOA Fee
- $1,768 / mo
- Original List Price
- $1,650,000
- Price per Sq Ft
- $821
Utilities
- Electricity Connected
- Natural Gas Connected
- Sewer Connected
- Water Connected
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
1 record on file
Every recorded listing, sale, and lease at 501 West Ave Unit #2004, whoever represented it.
- ActiveListed 2026Current price: $1,650,000Original list: $1,650,000MLS 1223923
- Listed · August 18, 2026$1,650,000
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Explore this area
Price & Listing History
Listed with current price, original ask, and market time.
- Current list
- $1,650,000
- Original list
- $1,650,000
- Price movement
- No verified reduction
- Listed / DOM
- Aug 18, 2026 · 78 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $1,906,491
- Assessment Year
- 2025
- Year Built
- 2018
- Parcel ID
- 000000901446
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-11.3% | — | $1,906,491 | $28,148 | — |
2024+0.0% | — | $2,149,205 | $28,148 | $2,082,511 |
2023+46.2% | — | $2,149,205 | $28,148 | $2,121,057 |
2022+7.7% | — | $1,470,155 | $28,148 | $2,121,057 |
2021 | — | $1,365,537 | $28,147 | $1,442,008 |
Zoned Schools
Austin
O Henry
Mathews
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.
Excluded from this estimate: property taxes and home insurance. Each requires verified amount, cadence or unit, source, and as-of details.
HOA source: MLS Grid / Unlock MLS, as of 2026-10-15T21:07:36.554+00:00; normalized from monthly dues.
Illustrative down payment
20% ($330K)
Adjustable assumption - not a lending recommendation.
Home price
$1,650,000
Loan details
Luxury property intelligence
Keenan Market Position
A sourced read on Downtown Austin pricing, timing, and property scale. No automated valuation claim.
List price
$1,650,000
Price per sqft
$821/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
78 days
Original to current
No verified reduction
$1.7M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
Request Private Market AnalysisConnect 501 West Ave Unit #2004 to the Austin Market
Downtown Austin Neighborhood Guide
Lifestyle, schools, market context, and homes in Downtown Austin
Downtown Austin Homes for Sale
Active listings and buyer search context in Downtown Austin
78701 ZIP Guide
ZIP-level neighborhoods, schools, lifestyle, and Austin market context
Austin ISD Schools
District guide, nearby schools, and homes by attendance area
Austin Home Valuation
Private Austin CMA, TCAD context, and pricing strategy
Seller Resources
Pricing, prep, launch timing, and Compass marketing strategy
Keenan Group Results
#1 ABOR Team 2024 with $1B+ career sales volume
