2 bed, 2 bath, 1,454 sqft in Downtown Austin. Austin, TX 78701. $995,000. Austin ISD.
Experience elevated downtown living with one of the most breathtaking and unique views in the city—featuring panoramic sights of the skyline, Lady Bird Lake, and the western hills.
This beautifully remodeled condo is move-in ready and designed to impress. Soaring ceilings and floor-to-ceiling windows flood the space with natural light, highlighting the open and spacious layout. The living area features a stunning wood accent wall, complemented by modern fixtures and gorgeous updated hardwood flooring throughout. Custom California Closets and abundant storage add both style and functionality.
The chef-grade kitchen is perfect for cooking at home—but when you prefer not to, enjoy the convenience of 24-hour room service.
Residents enjoy full access to premier hotel amenities, including: 24-hour concierge service, Room service, Two on-site restaurants, Lobby Starbucks, Luxury spa, Fitness center & rooftop pool with hot tub, Exclusive discount on hotel services.
Additional perks include concierge dry cleaning pickup and delivery, on-site maintenance, and optional membership to F45 Training.
Located in the heart of downtown, you’re just a short walk from Rainey Street, 6th Street, Target, Whole Foods, the Convention Center, Eddie V’s, and countless restaurants and nightlife options.
This property also offers two assigned parking spaces and exceptional long-term value with major upcoming developments nearby, including the East Sixth Street redevelopment, Project Connect light rail expansion, and Convention Center redevelopment/expansion.
A rare opportunity to own a spacious, luxury condo with unmatched views and access to the very best of Austin living.
*Buyer to independently verify all information including but not limited to square footage, schools, hoa dues, restrictions, taxes, etc. Seller is a licensed real estate agent. P2 Garage: Spots B41 and B104
The view from Unit 2826 at 555 E 5th Street in downtown Austin captures Lady Bird Lake, the western hills, and the city skyline in a single panorama that changes with every hour of daylight. This two-bedroom, two-bath condominium in the Five Fifty 05 development occupies 1,454 square feet and sits at $684 per square foot, offering direct access to urban amenities without sacrificing the sense of a personal sanctuary elevated above the street.
The interior design reflects a full renovation. Floor-to-ceiling windows flood the open floor plan with natural light while the soaring ceilings amplify the sense of space. Wood accent walls and updated hardwood flooring anchor the living areas, while the kitchen features quartz counters, a built-in gas range, and an eat-in layout that opens directly to the living space. California Closets and recessed lighting throughout maximize functionality and visual flow. The primary bedroom sits on the main floor with a walk-in closet, and the second bedroom provides flexibility for guests or home office use.
The building itself operates as a hotel-residency hybrid, which means Unit 2826 residents access 24-hour concierge service, on-site room service, a rooftop pool with hot tub, a full spa, and two on-site restaurants without leaving the property. The fitness center and lobby Starbucks serve daily convenience. Two assigned garage parking spaces (B41 and B104) remain separate from the building's lifestyle amenities.
Location places this unit within walking distance of Rainey Street's entertainment venues, 6th Street's bar scene, and Whole Foods Market. The Convention Center sits nearby. Austin ISD serves the property through Mathews Elementary, O Henry Middle, and Austin High School. Downtown commute times to tech campuses at Dell, Apple, Tesla, and Domain range between 15-25 minutes depending on traffic patterns, while Austin-Bergstrom International Airport sits roughly 20 minutes south via I-35.
Significant infrastructure development surrounds the area. Project Connect light rail expansion and the East Sixth Street redevelopment project will reshape the immediate corridor over the next several years. The Convention Center redevelopment adds another growth vector. For buyers seeking downtown ownership with view premium and building amenities bundled together, this unit offers rare access to both.
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 guideVerified property facts
555 E 5th St Unit #2826 is listed at $995,000 with 2 bedrooms, 2 full bathrooms, 1,454 square feet. This places it above the ZIP 78701 single-family, condominium, and townhouse closed-sale median price of $635,625 (ZIP 78701 geography · single-family, condominium, and townhouse closed sales · median sale price · trailing 12 months as of Oct 15, 2026).
555 E 5th St Unit #2826 is zoned for Austin ISD with assigned schools: Mathews (elementary), O Henry (middle), Austin (high). School assignments should be verified directly with the district.
555 E 5th St Unit #2826 is a Residential built in 2004 featuring 2 bedrooms, 2 full bathrooms, 1,454 square feet.
The most recent annual property tax for 555 E 5th St Unit #2826 is $13,440. 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.
#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.
25+ years advising buyers and sellers in this community
Listing information last updated October 9, 2026.
Listed by The Leaders Realty, LLC
MLS# 7814034 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
1 record on file
Every recorded listing, sale, and lease at 555 E 5th ST Unit #2826, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listed 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 |
|---|---|---|---|---|
2025-36.0% | — | $800,000 | — | — |
2024+58.8% | — | $1,250,141 | $76,215 | $955,172 |
2023+12.2% | — | $787,361 | $76,215 | $1,173,926 |
2022+1.3% | — | $701,874 | $76,215 | $711,146 |
2021 | — | $693,172 | $76,215 | $625,659 |

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 2026-10-15T07:37:06.555+00:00; normalized from monthly dues.
20% ($199K)
Adjustable assumption - not a lending recommendation.
$995,000
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List price
$995,000
Price per sqft
$684/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
204 days
Original to current
No verified reduction
$995K 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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This page does not assume a mortgage rate or publish a monthly payment for 555 E 5th St Unit #2826. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Oct 15, 2026, 555 E 5th St Unit #2826 is offered at $995,000. The current MLS snapshot shows 211 active listings in 78701. Keenan Group has completed 12 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.
The MLS listing reports HOA or association dues of $1,229 monthly for 555 E 5th St Unit #2826. 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)
Homes sold by Keenan Group.
8 events on record
Current Price
$995,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-36.0% | — | $800,000 | — | — |
2024+58.8% | — | $1,250,141 | $76,215 | $955,172 |
2023+12.2% | — | $787,361 | $76,215 | $1,173,926 |
2022+1.3% | — | $701,874 | $76,215 | $711,146 |
2021 | — | $693,172 | $76,215 | $625,659 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
| Address | Offered At |
|---|---|
| 1812 West Ave Unit #202 | $650K |
| 40 N Interstate 35 #5C3 | $500K |
| 555 East 5th ST Unit #2809 | $795K |
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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.
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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