#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024This property has sold on July 12, 2022. Looking for something similar? Contact us or browse available homes.
555 E 5th ST Unit #501
Austin, TX, 78701
Per MLS rules, only the primary photo is shown for non-Keenan closed listings.
This property is no longer actively listed. We can help you find similar homes currently for sale, notify you if this property relists, or explore off-market opportunities in the area.
Why you're seeing this property: Unlike major portals that hide off-market listings, we maintain the most comprehensive Austin property database. View market history, neighborhood data, and discover similar homes currently for sale. #1 Austin Realtor Team 2024.
2 bed, 2 bath, 1,487 sqft on 0.00 acres in Downtown Austin. Austin, TX 78701. Last listed at $749,999, sold July 12, 2022. Austin ISD.
Welcome to the 5 Fifty-Five luxury condos. This is your opportunity to own a piece of Downtown Austin’s Lock and leave lifestyle. Premier location next to the Metro with a Skybridge to Convention Center*Light, bright open floor plan*Gourmet kitchen with stainless steel appliances*Large living area with door out to balcony*Sizable primary bedroom with walk-in closet*Floor to ceiling windows with motorized shades*Stackable washer, dryer and refrigerator convey* Unit includes two parking spaces (B24 & B30) and a storage locker (#36)*24 hour concierge*Controlled access and package delivery*Hilton Hotel amenities are just steps away and the Skyline Spa & Health Club can be joined for an additional fee* Schedule the occasional massage in the Hilton Wellness Center, Hot tub, Sauna, Steam Room!! Bars/restaurants in building for fun or business. 24-hour room service. Enjoy shopping and dining right outside your door with 6th Street just one block away. Steps away is the Waller Creek Greenbelt that extends from Waterloo Park down to Lady Bird Lake. Catch live music at Stubb’s, Antones or swing by an event at the Austin Convention Center, or an easily stroll to the Hike-and-Bike Trail for a workout. Bike Storage, 24 hr coffee / espresso station, Power outlet for electrical cars, Dry cleaning drop off/pick up station. IT'S A WINNER!
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 #501 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 #501 is a Residential built in 2004 featuring 2 bedrooms, 2 full bathrooms, 1,487 square feet, 0.00-acre lot.
555 E 5th St Unit #501 was last listed at $504 per square foot across 1,487 sqft.
The most recent annual property tax for 555 E 5th St Unit #501 is $8,149. 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.
555 E 5th St Unit #501 was last listed at $749,999 and sold on July 12, 2022. 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.
#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 July 12, 2022.
Listed by Keller Williams Realty
MLS# 2381493 • Closed
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Properties displayed may be listed or sold by various participants in the MLS.
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 |
|---|---|---|---|---|
2025-14.1% | — | $679,654 | — | — |
2024+18.1% | — | $791,052 | $77,930 | $696,582 |
2023+14.6% | — | $670,053 | $77,930 | $713,122 |
2022+1.9% | — | $584,705 | $77,930 | $592,123 |
2021 | — | $573,731 | $77,930 | $506,775 |
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 2026-04-25T02:51:50.833075+00:00; normalized from monthly dues.
20% ($150K)
Adjustable assumption - not a lending recommendation.
$749,999
Luxury property intelligence
A sourced read on Downtown Austin pricing, timing, and property scale. No automated valuation claim.
List price
$749,999
Price per sqft
$504/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
Not available
Original to current
No verified reduction
$750K original
Active inventory context
Ask for current inventory
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
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
The MLS listing reports HOA or association dues of $995 monthly for 555 E 5th St Unit #501. 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.
| Address | Offered At |
|---|---|
| 1812 West Ave Unit #202 | $650K |
| 40 N Interstate 35 Unit #8B2 | $475K |
| 40 N Interstate 35 #5C3 | $500K |
| 54 Rainey St #Ph13 | $420K |
| 555 East 5th ST Unit #2809 | $795K |
7 events on record
Current Price
$749,999
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-14.1% | — | $679,654 | — | — |
2024+18.1% | — | $791,052 | $77,930 | $696,582 |
2023+14.6% | — | $670,053 | $77,930 | $713,122 |
2022+1.9% | — | $584,705 | $77,930 | $592,123 |
2021 | — | $573,731 | $77,930 | $506,775 |
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
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.
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in Downtown Austin
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 →Recent sales for market context
