3 bed, 3 bath, 2,822 sqft on 0.00 acres in Downtown Austin. Austin, TX 78701. $2,800,000. Austin ISD.
About This Home
Perched on the 34th floor of 501 West, Unit #3403 is a stunning 3-bedroom, 3.5-bath residence offering over 2,800 sq ft of sophisticated living. With panoramic city views, soundproofed windows and doors, two private terraces, and two garage spaces, this home is a true urban retreat. Elegant interiors feature floor-to-ceiling windows, a gourmet kitchen with Miele appliances, and a spa-like primary suite with a large walk-in closet. Every bedroom has been upgraded with ITALKRAFT custom closets for refined functionality. Smart home features include motorized shades, Sonos audio, a smart thermostat, and keyless entry. 501 West delivers unmatched amenities: a resort-style pool, sky deck, fitness and yoga studio, guest suites, pet park, co-working spaces, and concierge service—all in a premier location, steps from Austin’s best dining, shopping, and entertainment. Don’t miss this opportunity to own a luxury high-rise home in the heart of the city.
At $992 per square foot on the 34th floor, 501 West Ave Unit #3403 gives you 2,822 square feet of high-rise living in one of the most established luxury towers in downtown Austin. 501 West Ave Unit #3403 sits in the Downtown Austin at West Avenue and West 5th Street, right where Shoal Creek, the Market District, and the west side of the central business district come together.
This is a 2018 residential condominium with 3 bedrooms, 3 full baths, 1 half bath, a recorded lot size of 0.004 acres, and two garage spaces. The scale matters here. Large three-bedroom floor plans are harder to find in 78701 than one and two-bedroom units, and that is part of why homes like this get attention fast. At one day on market, the early interest makes sense. The layout is built for people who want downtown access without giving up square footage, storage, or privacy. Floor-to-ceiling glass brings in the skyline. Sound-rated windows and doors help keep the city where it belongs. Two private terraces give you outdoor space that most downtown condos do not deliver at this size.
Inside, the finishes track with what buyers expect at this price point. The kitchen is equipped with Miele appliances. The primary suite reads more like a custom home than a condo, with a large walk-in closet and a bath designed for daily use, not just show. Each bedroom has upgraded ITALKRAFT closets, which is the kind of practical improvement owners appreciate over time. Smart features like motorized shades, Sonos audio, a smart thermostat, and keyless entry make the home easy to lock and leave.
Living at 501 West means you are a short walk from Whole Foods Market on North Lamar Boulevard, the Shoal Creek Trail, Lady Bird Lake, and the Seaholm Power Plant district. You are also close to West Sixth Street restaurants and the hike-and-bike trail. By car, expect roughly 5 minutes to the Texas State Capitol, about 8 minutes to The University of Texas at Austin, and around 15 to 20 minutes to Austin-Bergstrom International Airport depending on traffic. Austin ISD is the school district commonly associated with this address, with Mathews Elementary, O. Henry Middle School, and Austin High School often listed for the building, and public web ratings for those campuses generally landing around 8 out of 10, 6 out of 10, and 7 out of 10.
For buyers who want a true downtown address in Travis County with real square footage, walkability, and long-term relevance, this is the kind of residence that continues to hold lifestyle appeal and market value.
The numbers behind this insight
- Offered at
- $2,800,000
- Listed
- February 11, 2026
- Asking price per sq ft
- $992
Keenan Luxury Market Index: $2M-$3M single-family homes across the Austin area sold at a median $595 per sq ft over the trailing 12 months (383 sales), as of November 4, 2026.
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
- $992
Listing information last updated February 12, 2026.
Listed by Bramlett Partners
MLS# 2994545 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Lot Size
- 0.00 Acres
Financial
- Original List Price
- $2,800,000
- Price per Sq Ft
- $992
Transaction History
1 record on file
Every recorded listing, sale, and lease at 501 West Ave Unit #3403, whoever represented it.
- ActiveListed 2026Current price: $2,800,000Original list: $2,800,000MLS 2994545
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $2,800,000
- Original list
- $2,800,000
- Price movement
- No verified reduction
- Listed / DOM
- Feb 11, 2026 · 266 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $2,335,493
- Assessment Year
- 2025
- Year Built
- 2018
- Parcel ID
- 000000901501
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-17.2% | — | $2,335,493 | $39,106 | — |
2024-5.3% | — | $2,821,700 | $39,106 | $2,570,967 |
2023+26.8% | — | $2,980,500 | $39,106 | $2,782,594 |
2022-3.3% | — | $2,350,000 | $39,106 | $2,941,394 |
2021 | — | $2,429,500 | $39,104 | $2,310,896 |
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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, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
Illustrative down payment
20% ($560K)
Adjustable assumption - not a lending recommendation.
Home price
$2,800,000
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
$2,800,000
Price per sqft
$992/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
266 days
Original to current
No verified reduction
$2.8M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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