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Keenan Group#1 Austin Board of Realtors Team 2024

$997,000

2Beds
2.5Baths
1,755Sq Ft
0.00 acresLot

555 E 5th St Unit #2901, Austin, TX 78701

Reduced 11%$1,120,000
Downtown Austin·MLS# 5057719·Built 2004·87 days on market

2 bed, 2 bath, 1,755 sqft on 0.00 acres in Downtown Austin. Austin, TX 78701. $997,000. Austin ISD.

About This Home

Experience downtown Austin living from the NE corner of the 29th floor at 5FiftyFive, where a private residence meets the convenience of a full-service hotel. At 1,755 square feet, #2901 is one of the building’s larger floor plans, with 12-foot ceilings, walls of glass, 2 private balconies, & expansive views across downtown, UT Austin & beyond.

The kitchen features Wolf/Sub-Zero appliances, a six-burner gas range, double ovens & sub-zero refrigerator. Both bedrooms have walk-in California Closets, with a balcony off the primary suite & a second off the living area. Two generous parking spaces in the secure garage & the unit's private storage space add valuable functionality.

Residents can enjoy 24-hour concierge, room service, spa & fitness facilities, rooftop pool & hot tub, Topgolf Swing Suite & access to on-site F45 Training. 2 restaurants, Starbucks & a UPS Store are located in the adjoining lobby. The building's roof was replaced in 2025, with a fully paid residential hallway renovation scheduled for Jan. 2027.

Beyond the building, this location puts an exceptional cross-section of Austin within blocks. The Austin Convention Center is directly across the street, with its $1.6B redevelopment underway & reopening planned for 2029. Newly opened Waterloo Greenway provides a landscaped connection toward Lady Bird Lake & the Butler Hike-&-Bike Trail. East Sixth Street, Rainey Street, the Red River Cultural District, Antone’s, Esther’s Follies, Comedy Mothership, Waterloo Park & Moody Amphitheater are nearby, along with restaurants ranging from casual to fine dining. Target & Whole Foods are approximately 2 blocks away with indoor validated parking, & Downtown Station provides nearby rail access. 5FiftyFive is also positioned near the planned Austin Light Rail route—placing this condo at the intersection of downtown living, culture, green space & Austin’s evolving transportation network.

Property Type
Residential
Year Built
2004
Lot Size
0.00 acres
Price / Sq Ft
$568
HOA
$1,499.72/mo
Garage
2 spaces

Listing information last updated October 26, 2026.

Listed by Christies Intl Real Estate Lone Star

MLS# 5057719 • Active

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

2-car garage with additional parking capacity
Breakfast Bar
Ceiling-High
Kitchen Island
Primary Bedroom on Main
Recessed Lighting

Facts & Features

Interior

Features

  • Breakfast Bar
  • Ceiling-High
  • Kitchen Island
  • Primary Bedroom on Main
  • Recessed Lighting
  • Soaking Tub
  • Storage
  • Walk-In Closet(s)
  • Wired for Sound

Appliances

  • Built-In Gas Oven
  • Dishwasher
  • Disposal
  • Microwave
  • Refrigerator
  • Washer
  • Dryer
  • Wine Refrigerator

Flooring

  • Bamboo
  • Carpet
  • Tile
  • Wood
Heating
Central
Cooling
Central Air
Exterior & Lot

Features

  • Balcony
  • Restricted Access

Construction

  • Glass
  • Stucco

Lot Features

  • Corner Lot
  • Level

Foundation

  • Slab
Roof
Flat Tile
Lot Size
0.00 Acres

Parking

  • Assigned
  • Garage
Garage Spaces
2
Financial
HOA Fee
$1,500 / mo
Original List Price
$1,120,000
Price per Sq Ft
$568
Utilities
  • Electricity Available
  • Natural Gas Available
Water Source
Public
Sewer
Public Sewer

Transaction History

2 records on file

Every recorded listing, sale, and lease at 555 E 5th ST Unit #2901, whoever represented it.

  1. ActiveListed 2026
    Current price: $997,000Original list: $1,120,000MLS 5057719
    1. Listed · August 9, 2026$1,120,000
    2. Price changed · September 11, 2026$1,050,000
    3. Price changed · October 6, 2026$997,000
  2. ExpiredListed 2024
    Current price: $1,350,000Original list: $1,500,000MLS 8269459

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

Price Change with current price, original ask, and market time.

View Timeline
Current list
$997,000
Original list
$1,120,000
Price movement
$123K reduction
Listed / DOM
Aug 9, 2026 · 87 days

Tax Record

Public record data from county appraisal records. Market value can differ from assessed value.

Assessed Value
$885,773
Assessment Year
2025
Year Built
2004
Parcel ID
000000703621
$1.3M
$886K
$896,000
2021
$960,793
+7.2% from prev
2022
$1,065,754
+10.9% from prev
2023
$1,267,777
+19.0% from prev
2024
$885,773
-30.1% from prev
2025
YearTaxesTotal AssessmentLandAdditions
2025-30.1%
—$885,773——
2024+19.0%
—$1,267,777$91,985$918,038
2023+10.9%
—$1,065,754$91,985$1,175,792
2022+7.2%
—$960,793$91,985$973,769
2021
—$896,000$91,985$868,808
5-Year Change-1.1%

Virtual Tour

Virtual tour of 555 E 5th St Unit #2901
Map showing 555 E 5th ST Unit #2901
555 E 5th ST Unit #2901
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Zoned Schools

Austin ISD →

1 High School1 Middle School1 Elementary School

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.

Principal & interest
$5,436
HOA dues
$1,500

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 2026-10-26T22:46:13.856+00:00; normalized from monthly dues.

Illustrative down payment

20% ($199K)

Adjustable assumption - not a lending recommendation.

Home price

$997,000

Loan: $798K

Loan details

Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-29
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Keenan Market Position

A sourced read on Downtown Austin pricing, timing, and property scale. No automated valuation claim.

List price

$997,000

Price per sqft

$568/sqft

Vs. Neighborhood guide reference price

Not available

Days on market

87 days

Original to current

$123K reduction

$1.1M original

Active inventory context

Ask for current inventory

Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 26, 2026.

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Frequently Asked Questions

How much is 555 E 5th St Unit #2901?

555 E 5th St Unit #2901 is listed at $997,000 with 2 bedrooms, 2 full, 1 half bathrooms, 1,755 square feet, 0.00-acre lot. This places it above the ZIP 78701 single-family, condominium, and townhouse closed-sale median price of $619,999 (ZIP 78701 geography · single-family, condominium, and townhouse closed sales · median sale price · trailing 12 months as of Nov 3, 2026).

What school district is 555 E 5th St Unit #2901 in?

555 E 5th St Unit #2901 is zoned for Austin ISD with assigned schools: Mathews (elementary), O Henry (middle), Austin (high). School assignments should be verified directly with the district.

What are the property details for 555 E 5th St Unit #2901?

555 E 5th St Unit #2901 is a Residential built in 2004 featuring 2 bedrooms, 2 full, 1 half bathrooms, 1,755 square feet, 0.00-acre lot.

How should a buyer estimate the monthly payment for 555 E 5th St Unit #2901?

This page does not assume a mortgage rate or publish a monthly payment for 555 E 5th St Unit #2901. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 555 E 5th St Unit #2901 compare with other homes in Downtown Austin?

As of Oct 26, 2026, 555 E 5th St Unit #2901 is offered at $997,000. The current MLS snapshot shows 202 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.

What is the community structure at 555 E 5th St Unit #2901?

The MLS listing reports HOA or association dues of $1,500 monthly for 555 E 5th St Unit #2901. 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.

What should buyers know about Downtown Austin?

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.

  • Downtown Austin area specialists
  • Austin ISD zoning
  • #1 Austin Board of Realtors Team 2024
  • 25+ years Austin luxury real estate

Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)

Why Choose the #1 Austin Board Team for Downtown Austin

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#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

Unlock MLSMLS GRID

Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 10/26/2026, 5:46:13 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Keenan Luxury Market Index figures and Keenan Group sales counts are published under CC BY 4.0 and may be reused with attribution to Keenan Group at Compass. Methodology and citation format: thekeenangroup.com/the-source/keenan-luxury-market-index-methodology.

Last updated: 10/26/2026, 5:46:13 PM

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