2 months on rocket

311 W 5th St Unit 1005, Austin, TX, 78701

$1,299,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
1,897 SqFt
$685/SqFt
Condo
Schools Nearby

Location

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311 W 5th St Unit 1005, Austin$1,299,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingAssigned, Attached, Garage, Garage Door Opener
Garage1 space
Year Built2002
HeatingCentral, Electric
CoolingCentral Air
WaterfrontNone
FireplaceNone
ViewCity, Park, Hills, Panoramic
MLS #8257498
Lot Size0.01 Acres
StatusActive

About 311 W 5th St Unit 1005

Experience breathtaking city views from this contemporary condo in the Plaza Lofts. The stylish Manhattan floor plan offers a Northwest orientation, showcasing stunning vistas of Downtown Austin, the Federal Courthouse, and Republic Square Park - home to the vibrant weekend farmers market. Boasting 2 bedrooms, 2 full bathrooms, and 1896 sq ft of living space, this unit includes one parking space. The bright, open living/kitchen/dining area is thoughtfully designed for entertaining, while the balcony provides the perfect spot to enjoy picturesque sunsets over the city skyline. Featuring 11’ ceilings, expansive windows, concrete ceilings and concrete floors, this condo exudes modern elegance. The primary suite boasts a spacious bathroom with an oversized stone shower and double vanity. The Plaza Lofts, recognized with a 4-Star rating from the City of Austin's Green Building program, consists of 55 loft condominiums. Residents can enjoy a range of amenities, including an elegant lobby, controlled building access, dedicated Concierge service, a rooftop pool, onsite gym, and enclosed above-ground parking garage. Located in the heart of downtown, this loft offers convenient access to the best dining options, Whole Foods, Trader Joe's, boutique shops, arts and entertainment venues, ACL and Lady Bird Lake. Embrace urban living at its finest in this exceptional locale!

Property Details

Property Features

Property Information:

  • Year Built: 2002
  • Stories: 1
  • Living Area: 1,897 SqFt

Listing Office:

  • Office Name: van Heuven Properties
  • Office Phone: (512) 480-8944
  • Listing Agent: Karen Kelly

Interior Features

Interior Information:

  • Appliances: Oven, Double Oven, Dryer, Washer/Dryer Stacked, Dishwasher, Gas Cooktop, Disposal, Microwave, Refrigerator, Washer
  • Flooring Type: Concrete
  • Interior: Bookcases, High Ceilings, Main Level Primary
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: City, Park, Hills, Panoramic
  • Exterior: See Remarks

Parking Information:

  • Garage Space: 1 space
  • Parking: Assigned, Attached, Garage, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.01 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Austin High School, Public District Grades 9-12
  • O. Henry Middle School, Public District Grades 6-8
  • Matthews Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: Corner of 5th & Guadalupe, across from park; entrance on 5th St; park at meters on 5th or Guadalupe.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,299,000
  • Price Per SqFt: $685/SqFt

HOA Fees:

  • Amount: $1688
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $15,855
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Austin, TX.

Med. Sold Price

$568.3K

Med. Price/SqFt

$310

Avg. Days On Market

46

# of Sold Homes

925

311 W 5th St Unit 1005 vs Austin

65 DAYS ON ROCKET

+19 Days

$1,299,000

+$730.6K More

$685/SqFt

+$374 More

KEY TAKEAWAY

This property is $730.6K more than the Median Sold Price and $374/SqFt more than other homes in Austin, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ACTRIS
  • MLS Number: #8257498

Listing Office:

  • Office Name: van Heuven Properties
  • Office Phone: (512) 480-8944
  • Listing Agent: Karen Kelly

IDX Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

Copyright 2024 Unlock MLS and Austin Central Texas Realty Information Services, Inc.

IDX Listings courtesy of Unlock MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 5/5/2024, 6:20:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$15,855$702,953
2019$15,077$702,953
2018$15,801$708,500
2017$17,521$713,680

History based on county public records data.

Payment Calculator

$8,239

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,961

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6611580
6
/10
  • Matthews Elementary School

  • 906 Westlynn St

  • 1.12 miles

  • Public District Grades PK-6

Middle School

school-card-donut-6611581
5
/10
  • O. Henry Middle School

  • 2610 W 10th St

  • 2.03 miles

  • Public District Grades 6-8

High School

school-card-donut-6611582
6
/10
  • Austin High School

  • 1715 W Cesar Chavez St

  • 1.35 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $88,116. The majority of Austin, TX residents have income between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 311 W 5th St Unit 1005

What is the listing price of this property?

The listing price of 311 W 5th St Unit 1005 property is $1,299,000.

What type of property is this?

The property 311 W 5th St Unit 1005 is a condo located in Austin, Texas, 78701.

Is this property for sale now?

Active Listing: 311 W 5th St Unit 1005 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 311 W 5th St Unit 1005 are:
Matthews Elementary School: GreatSchools Rating 6/10
O. Henry Middle School: GreatSchools Rating 5/10
Austin High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $15,855 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 311 W 5th St Unit 1005 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 311 W 5th St Unit 1005 is 1,897 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 311 W 5th St Unit 1005 is 2002.

Rocket HomesTexasTravis CountyAustin78701311 W 5th St Unit 1005

This home is located at 311 W 5th St Unit 1005 in Austin, TX and zip code 78701 in the Downtown neighborhood. This 1,897 square foot home, which was built in 2002, sits on a 0.01 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 01, 2024 and is currently priced at $1,299,000.

Over 195 listings were sold over their listed price in April 2024 in Austin, TX. In the same period over 571 listings were sold below the listed price and 158 listings were sold for the listed price. The number of homes for sale in Austin, TX increased by 18.7% between March 2024 and April 2024. The median list price of listings available in April 2024 was $568,336, while the average time on the real estate market was 46 days.

From Rocket Homes Real Estate and based on county public records data.

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