555 E 5th St Unit #521, Austin, TX 78701

A meticulously renovated 1-bedroom, 1-bathroom condo in the 555 Condos in the heart of Downtown Austin. Spanning 1,245 square feet, this unit features brand new 7” wide white oak wood floors throughout. The open floor plan boasts 10ft high ceilings, recessed lighting, and a large window wall with motorized sun-shades. The primary bedroom offers a massive walk-in closet and large bathroom. An updated kitchen includes a new Bosch stainless refrigerator, high-end stainless gas cooktop, recent updates to the kitchen cabinets which now span to the ceiling and granite countertops. Enjoy the convenience of the new, stainless LG washer and dryer. Furthermore, you'll have access to your own private balcony. You also get two storage units—one on the 5th floor and one in the garage. The unit also includes a coveted parking space in a private, residents-only garage. The condo is staffed by 24-hour concierge and security service for peace of mind. Other building amenities, shared with the Hilton hotel, include a fitness center, rooftop lounge and pool, Starbucks, Austin Taco Project and more. Located in downtown Austin, you can walk to dining options like Moonshine and others, entertainment, Whole Foods, Target and even the Capital. Discover the perfect blend of luxury and convenience in this exceptional condo.

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.