Austin, TX 78701,501 West Ave #705

$1,000,000

Est. payment /mo
Est.Price: ?

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501 West Ave #705 Austin, TX 78701

1 Bed

2 Baths

1,092 SqFt

SOLD DATE : 02/27/2023

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Sold

Purchase Type For Sale

Square Footage 1,092 sqft

Price per Sqft $869

Subdivision Fifth & West Residences

MLS Listing ID 7324186

Sold Date 02/27/23

Style Tower (14+ Stories),Elevator

Bedrooms 1

Full Baths 1

Half Baths 1

HOA Fees $756/mo

Originating Board actris

Year Built 2018

Annual Tax Amount $17,558

Tax Year 2022

Lot Size 69 Sqft

Property Description

This Fifth & West Residence is in one of the most highly sought-after high-rise towers in Downtown Austin. Enjoy the stunning views of downtown and the open layout. The beautiful, open kitchen is a chef's dream with stainless steel appliances and a large center island, perfect for entertaining. From the kitchen, you can enjoy the large living space and dining room with floor-to-ceiling windows. Gorgeous hardwood floors lead you from the common areas of the home to the private bedroom. The primary suite features large windows, an exceptionally spacious primary bathroom with a double vanity, a walk-in shower with a bench, and a walk-in closet. The home also includes a large pantry and in-unit laundry closet. The additional study is ideal for those that work from home. The residences were thoughtfully produced for everyday living, rather than just a weekend retreat. The triangular shape of the building was intentionally designed for the permanent Capitol View Corridor, ensuring that residents will enjoy their views for years to come. With a layout that was created for "Low-Density Living," residents can enjoy fewer people on each floor compared to similar high rises in Austin. While residents have the luxury of not sharing the tower with a hotel and its guests, there are everyday, private amenities in the Fifth & West tower that set it apart from the other high rises downtown that is typically attached to hotels. On the 6th floor, enjoy the air-conditioned pet owners' lounge conveniently attached to the pet park/washing station and a commercial kitchen available to residents. There are two guest rooms located on the 5th floor that can be rented out by residents for their guests. The large lounge area, gym, and yoga room are also conveniently located on the same floor. The residence is located in the Market District steps from Whole Foods, Austin Public Library, Ladybird Lake, Seaholm District, and all of the city's favorite restaurants and nightlife.

Location

State TX

County Travis

Rooms

Main Level Bedrooms 1

Interior

Interior Features Breakfast Bar, High Ceilings, Quartz Counters, Double Vanity, Entrance Foyer, Kitchen Island, Open Floorplan, Pantry, Primary Bedroom on Main, Recessed Lighting, Walk-In Closet(s)

Heating Central

Cooling Central Air

Flooring Tile, Wood

Fireplace Y

Appliance Built-In Oven(s), Cooktop, Dishwasher, Disposal, Gas Cooktop, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer Stacked

Exterior

Exterior Feature Balcony

Garage Spaces 1.0

Fence None

Pool None

Community Features Common Grounds, Concierge, Dog Park, Fitness Center, Game/Rec Rm, Pool, Rooftop Lounge

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected

Waterfront Description None

View City, Downtown

Roof Type Membrane

Accessibility None

Porch Terrace

Total Parking Spaces 1

Private Pool No

Building

Lot Description City Lot, Near Public Transit

Faces East

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Concrete, Glass, Masonry – All Sides

New Construction No

Schools

Elementary Schools Mathews

Middle Schools O Henry

High Schools Austin

Others

HOA Fee Include Parking, Security

Restrictions Covenant

Ownership Common

Acceptable Financing Cash, Conventional, VA Loan

Tax Rate 2.1767

Listing Terms Cash, Conventional, VA Loan

Special Listing Condition Standard

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Listed by Realty Austin
Bought with Prospect Real Estate

Teresa Miller

Agent | License ID: 617850

+1(512) 550-5698

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