#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024This property has sold on June 16, 2025. Looking for something similar? Contact us or browse available homes.
501 West Ave Unit #2503
Austin, TX, 78701
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Elevate your lifestyle in this 25th-floor residence, where modern design meets breathtaking views of downtown Austin, the Capitol, and Ladybird Lake. This open-concept living area seamlessly combines the kitchen, dining, and living spaces, making it perfect for entertaining or relaxing while soaking in the panoramic vistas.
The owner's suite features a private terrace, two expansive walk-in closets, a double vanity, and a spacious walk-in shower for your comfort. The two guest suites are thoughtfully situated on the opposite side of the home, ensuring privacy, with one offering a delightful northeast corner balcony.
Enjoy the convenience of two dedicated parking spaces on floors #4 and #5. Residents benefit from exceptional amenities, including a 24-hour concierge service, a private conference room, and a pet-friendly veranda equipped with bathing stations and a refreshment area on the 5th floor. The elegantly designed 6th-floor entertaining space, curated by the renowned Michael Hsu Office of Architecture, is perfect for hosting gatherings.
Take advantage of the skydeck, complete with an outdoor fireplace, bar, and grill area, ideal for parties and events. Stay fit and healthy in the state-of-the-art fitness center, featuring weight-training equipment, a yoga studio, and Fitness OnDemand virtual instruction. For visiting guests, two additional suites are available for short-term rentals.
5th & West residents enjoy an unbeatable location, just moments away from an array of restaurants, live music venues, Whole Foods Market, Trader Joe's, and numerous hiking trails. This stunning residence is available for a 6-month minimum and 12 month term maximum. Parking spaces on leves #4 and #5.
Property Type
Residential Lease
Year Built
2018
$/Sq Ft
$5
Garage
2 spaces
Pool
Yes
Listed by Urbanspace
Verified property facts
501 West Ave Unit #2503 is listed at $13,000 with 3 bedrooms, 3 full, 1 half bathrooms, 2,822 square feet, 0.00-acre lot.
501 West Ave Unit #2503 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 #2503 is a Residential Lease built in 2018 featuring 3 bedrooms, 3 full, 1 half bathrooms, 2,822 square feet, 0.00-acre lot.
501 West Ave Unit #2503 is listed by Urbanspace. 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.
501 West Ave Unit #2503 is priced at $5 per square foot across 2,822 sqft. The Downtown Austin neighborhood guide reference price is $875,000 (Downtown Austin neighborhood guide · reference price).
#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
Foundation
Patio / Porch
Parking
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 |
|---|---|---|---|---|
2025-17.2% | — | $2,230,625 | — | — |
2024-6.8% | — | $2,695,000 | $39,106 | $2,453,769 |
2023+59.1% | — | $2,891,110 | $39,106 | $2,655,894 |
2022-17.6% | — | $1,817,200 | $39,106 | $2,852,004 |
2021 | — | $2,205,319 | $39,104 | $1,778,096 |
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% ($3K)
Adjustable assumption - not a lending recommendation.
$13,000
Luxury property intelligence
A sourced read on Downtown Austin pricing, timing, and property scale. No automated valuation claim.
List price
$13,000
Price per sqft
$5/sqft
Vs. Neighborhood guide reference price
-98.5%
$875K · Downtown Austin neighborhood guide · reference price
Days on market
Not available
Original to current
No verified reduction
$13K original
Active inventory context
Ask for current inventory
Price Position in Downtown Austin
Listed 99% 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.
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#1 ABOR Team 2024 with $1B+ career sales volume
This page does not assume a mortgage rate or publish a monthly payment for 501 West Ave Unit #2503. 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 #2503 is offered at $13,000. The current MLS snapshot shows 213 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 #2503 was built in 2018, making it 8 years old with relatively recent construction.
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
Biker's Paradise
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
$13,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-17.2% | — | $2,230,625 | — | — |
2024-6.8% | — | $2,695,000 | $39,106 | $2,453,769 |
2023+59.1% | — | $2,891,110 | $39,106 | $2,655,894 |
2022-17.6% | — | $1,817,200 | $39,106 | $2,852,004 |
2021 | — | $2,205,319 | $39,104 | $1,778,096 |
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
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.
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