555 E 5th Unit #817, Austin, TX 78701

Welcome to 5 Fifty Five Condominiums, where upscale urban living meets the vibrant energy of downtown Austin. Adjoining the Hilton Austin Hotel at 555 E. 5th Street, this 31-story high-rise offers an unparalleled lifestyle with breathtaking views, premium amenities, and exclusive resident services. Residence 817 features a generous, open floor plan with beautiful natural light, smart office nook and spacious owner’s retreat and spa bath. Modern updates include wide plank white oak flooring, stylish kitchen finishes and high-end appliances. Premium location, close to the elevator, facing East for bright morning sun and shady evening terrace and just steps to the resident-only access to all amenities. Includes parking space in private, underground garage. Residents enjoy Hilton amenities with spa, health club, rooftop terrace/bar, restaurants & Starbucks, heated salt water pool and 24/7 concierge. The building offers separate entrances for residents and hotel guests, ensuring privacy and exclusivity for condominium owners. Situated in the heart of downtown, the 5 Fifty Five provides convenient access to live music venues, historical sites, public transit, entertainment options, and outdoor activities.

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.