#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024This property has sold on October 20, 2023. Looking for something similar? Contact us or browse available homes.
501 West Ave Unit #902
Austin, TX, 78701
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Come home to this lovely one bedroom one bathroom condo on the 9th floor of Fifth & West residences. The central and open kitchen features stainless steel Miele appliances and a huge quartz island which includes a breakfast bar. The light-filled master bedroom features a private terrace, a luxurious spa-like bats and walk in closet, fully customized by California Closets. One reserved parking space on the end of a row convenient to the elevator with an E/V charger and a dedicated storage unit are included. Full size washer and dryer in the condo also convey. The finishes throughout the residence are truly timeless. From the Italkraft cabinets in the kitchen and bathrooms to the recessed door handles, soft-closing Blum hardware, Savant lighting and motorized shades every detail has been meticulously designed and crafted. Located in the heart of the Market District, 5th and West is close to Whole Foods, Trader Joes, the fun on West 6th Street and the trails of Lady Bird Lake. Over 20,000 SF of amenities designed by Michael Hsu Office of Architecture offer a place for everyone to enjoy downtown living in this low density luxury community. One can laze by the resort style pool or the outdoor bar and grill, spend time in one of the multiple residents lounges, break a sweat in the Fitness or Yoga/Pilates studio, or spend time with your furry friend in the 5th floor Dog Park and Grooming Station. The catering kitchen and connected dining area are perfect for hosting an incredible dinner or wine tasting event for friends and family. Security and privacy are paramount, and evident in the 24 hour concierge desk, cameras throughout the common areas, and card readers at all entryways, elevators and residences, which require a key fob to grant access. Two guest units located on the 6th floor allow friends and family to spend the night on site.
Property Type
Residential
Year Built
2018
Lot Size
0.00 acres
$/Sq Ft
$845
HOA
$660/mo
Garage
1 spaces
Listed by Compass RE Texas, LLC
Verified property facts
501 West Ave Unit #902 is listed at $715,000 with 1 bedrooms, 1 full bathrooms, 846 square feet, 0.00-acre lot. This places it above the ZIP 78701 single-family, condominium, and townhouse closed-sale median price of $623,500 (ZIP 78701 geography · single-family, condominium, and townhouse closed sales · median sale price · trailing 12 months as of Sep 4, 2026).
501 West Ave Unit #902 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 #902 is a Residential built in 2018 featuring 1 bedrooms, 1 full bathrooms, 846 square feet, 0.00-acre lot.
501 West Ave Unit #902 is listed by Compass RE Texas, LLC. 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.
#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
Construction
Lot Features
Foundation
Parking
1 record on file
Every recorded listing, sale, and lease at 501 West Ave Unit #902, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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 |
|---|---|---|---|---|
2025-26.1% | — | $480,179 | — | — |
2024-10.3% | — | $650,000 | $11,785 | $545,590 |
2023+36.0% | — | $724,572 | $11,785 | $712,787 |
2022+0.1% | — | $532,957 | $11,785 | $712,787 |
2021 | — | $532,588 | $11,785 | $521,172 |
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% ($143K)
Adjustable assumption - not a lending recommendation.
$715,000
Luxury property intelligence
A sourced read on Downtown Austin pricing, timing, and property scale. No automated valuation claim.
List price
$715,000
Price per sqft
$845/sqft
Vs. Neighborhood guide reference price
-18.3%
$875K · Downtown Austin neighborhood guide · reference price
Days on market
Not available
Original to current
$110K reduction
$825K original
Active inventory context
Ask for current inventory
Price Position in Downtown Austin
Listed 18% 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
501 West Ave Unit #902 is priced at $845 per square foot across 846 sqft. The Downtown Austin neighborhood guide reference price is $875,000 (Downtown Austin neighborhood guide · reference price).
The most recent annual property tax for 501 West Ave Unit #902 is $11,578. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
This page does not assume a mortgage rate or publish a monthly payment for 501 West Ave Unit #902. 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 #902 is offered at $715,000. 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 #902 was built in 2018, making it 8 years old with relatively recent construction.
The MLS listing reports HOA or association dues of $660 monthly for 501 West Ave Unit #902. It does not establish included amenities, services, rules, reserves, or current assessments; verify those items in current association documents.
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
$715,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-26.1% | — | $480,179 | — | — |
2024-10.3% | — | $650,000 | $11,785 | $545,590 |
2023+36.0% | — | $724,572 | $11,785 | $712,787 |
2022+0.1% | — | $532,957 | $11,785 | $712,787 |
2021 | — | $532,588 | $11,785 | $521,172 |
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
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in Fifth & West Residences
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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