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#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024Loading
This property has sold on December 26, 2022. Looking for something similar? Contact us or browse available homes.
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Come home to the ultimate in Downtown luxury living. Rare opportunity to own an expansive one bedroom + study residence with one reserved parking space. A contemporary, but warm, kitchen forms the centerpiece of the home, with an oversized island with quartz waterfall edge, Italian Italkraft cabinetry with linen-wrapped interiors, a walk-in pantry, integrated wine fridge, and chef-appointed Miele appliances. The enormous windows invite in an abundance of sunlight, and high ceilings make the home feel like a floating oasis. At the same time, wide-plank oak floors ground the space organically. Relax and take in unobstructed city skyline views from your private terrace bordered by a glass-panel railing. Enjoy an owner's suite filled with timeless marble tile and frameless shower. Tucked away from the main living area is a study providing a practical and luxurious space for all of your work-from-home needs. The home offers deluxe home automation system that controls the window shades and thermostats, offering convenience and comfort for everyday life. Conceived by a local, award-winning architecture and design team, Fifth and West is a low-density luxury community packed with 20,000 sq ft of amenities. Your new residence feels like a hotel, without the hotel guests. Enjoy your Market District location, within walking distance to the Austin Central Library, the Seaholm District, Whole Foods, Lady Bird Lake, and everything your Downtown Austin lifestyle requires. *Taxes are estimates based on 2022 rate and assessed value. All tax figures should be independently verified.* 24-Hour Advance Showing Notice.
Property Type
Residential
Year Built
2018
$/Sq Ft
$962
Listed by Moreland Properties
Verified property facts
501 West Ave Unit #1105 is listed at $1,050,000 with 1 bedrooms, 1 full, 1 half bathrooms, 1,092 square feet, 0.00-acre lot. This places it above the 78701 median of $745,000.
501 West Ave Unit #1105 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 #1105 is in Downtown Austin, Austin, Texas. See the full [Downtown Austin neighborhood guide](/neighborhoods/downtown-austin) for market data, schools, and lifestyle details.
501 West Ave Unit #1105 is a Residential built in 2018 featuring 1 bedrooms, 1 full, 1 half bathrooms, 1,092 square feet, 0.00-acre lot.
501 West Ave Unit #1105 is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
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Property Details
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% | — | $1,720,522 | — | — |
2024-10.0% | — | $2,329,007 | $35,101 | $1,962,023 |
2023+50.2% | — | $2,587,750 | $35,101 | $2,293,906 |
2022-11.6% | — | $1,723,200 | $35,101 | $2,552,649 |
2021 | — | $1,950,000 | $35,099 | $1,688,101 |
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% ($210K)
$1,050,000
Luxury property intelligence
A sourced read on Downtown Austin pricing, timing, and property scale. No automated valuation claim.
List price
$1,050,000
Price per sqft
$962/sqft
Vs. Downtown Austin median
+20.0%
$875K median
Days on market
1,424 days
Original to current
$225K reduction
$1.3M original
Active inventory context
Ask for current inventory
Price Position in Downtown Austin
Listed 20% above the Downtown Austin median
Source: MLS Grid / Unlock MLS and Keenan Group review as of Apr 25, 2026.
Request Private Market AnalysisLifestyle, schools, market context, and homes in Downtown Austin
Active listings and buyer search context in Downtown Austin
ZIP-level neighborhoods, schools, lifestyle, and Austin market context
District guide, nearby schools, and homes by attendance area
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
501 West Ave Unit #1105 is priced at $962 per square foot across 1,092 sqft. The Downtown Austin median list price is $875,000.
With 20% down ($210,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 501 West Ave Unit #1105 is around $7,373 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $1,050,000, 501 West Ave Unit #1105 is in the Downtown Austin market where there are currently 222 active listings in 78701. The Keenan Group has completed 10 transactions in 78701 as part of 1,000+ career sales totaling $1B+ across Austin. For a detailed market analysis, see our [Downtown Austin guide](/neighborhoods/downtown-austin).
501 West Ave Unit #1105 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)
7 events on record
Current Price
$1,275,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-26.1% | — | $1,720,522 | — | — |
2024-10.0% | — | $2,329,007 | $35,101 | $1,962,023 |
2023+50.2% | — | $2,587,750 | $35,101 | $2,293,906 |
2022-11.6% | — | $1,723,200 | $35,101 | $2,552,649 |
2021 | — | $1,950,000 | $35,099 | $1,688,101 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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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