2 bed, 2 bath, 1,755 sqft on 0.00 acres in Downtown Austin. Austin, TX 78701. $997,000. Austin ISD.
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.
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 #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 $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 #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.
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.
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.
#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 6, 2026.
Listed by Christies Intl Real Estate Lone Star
MLS# 5057719 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
3 records on file
Every recorded listing, sale, and lease at 555 E 5th ST Unit #2901, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price Change 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 |
|---|---|---|---|---|
2025-30.1% | — | $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 |

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 2026-10-15T10:47:05.173+00:00; normalized from monthly dues.
20% ($199K)
Adjustable assumption - not a lending recommendation.
$997,000
Luxury property intelligence
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
67 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 15, 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
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
As of Oct 15, 2026, 555 E 5th St Unit #2901 is offered at $997,000. 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 $1,500 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.
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.
11 events on record
Current Price
$997,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
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 |
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 |
Comparable homes that recently closed in this area
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.
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.
Looking for more homes in Downtown Austin?
Contact an Expert →Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in Downtown Austin
Active listings near 555 E 5th St Unit #2901
Recent sales for market context