1 month on rocket

501 W Ave Unit 3701, Austin, TX, 78701

$2,999,000

3 Bedrooms
3 Full Baths
2,517 SqFt
$1,192/SqFt
Condo
Schools Nearby

Location

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Property Highlights

Home TypeCondominium
ParkingAssigned, Attached, Covered, Secured, Storage, Guest
Garage2 spaces
Year Built2018
HeatingCentral, Electric
CoolingCentral Air
WaterfrontNone
ViewBridge(s), City Lights, City, Lake
Private PoolYes
MLS #1683295
Lot Size0.00 Acres
StatusActive

About 501 W Ave Unit 3701

Welcome to 501 West Avenue Unit 3701, an exquisite junior penthouse that redefines sophistication. Boasting over 2,500 square feet, this residence offers a harmonious fusion of space, style, and comfort. With three bedrooms, a study, and three bathrooms, every corner is designed to elevate your lifestyle. Step into a realm of refined living where every detail has been meticulously curated. Custom furnishings grace each room, harmonizing perfectly with the approximately 10’5” ceiling heights that amplify the sense of grandeur. Smartly designed custom closets cater to your organizational needs while automated lighting and shades add an extra layer of convenience. Indulge in the seamless blend of modernity and opulence, and experience life at the apex of luxury. With the exception of a few pieces, the property is being offer furnished, featuring Martha O’Hara Interiors’ signature style. Fifth and West Residences redefine downtown living with their striking design, effortless ownership, and unbeatable location. Situated in the heart of the Market District, you’ll have the best of Austin within walking distance. Explore the Austin Central Library, indulge in a variety of outdoor dining and nightlife options, browse the shelves at Bookpeople, shop at Whole Foods, or take a leisurely stroll along the hike and bike trail at Lady Bird Lake. Don’t miss this opportunity to own a remarkable property that combines luxurious living, stunning views, and a prime downtown location. Experience the pinnacle of urban living at Fifth & West Residences. Tax and assessed values are estimates for illustration purposes only. All figures should be independently verified. The listed exclusions represent some, but not necessarily all, of the items Seller will be removing from the Property prior to closing. A full and final list of non-realty to be established at contract and/or option.

Property Details

Property Features

Property Information:

  • Year Built: 2018
  • Stories: 1
  • Living Area: 2,517 SqFt

Listing Office:

  • Office Name: Moreland Properties
  • Office Phone: (512) 480-0848
  • Listing Agent: Kelly Martin

Interior Features

Interior Information:

  • Appliances: Gas Range, Oven, Refrigerator, Dishwasher, Disposal, Microwave, Stainless Steel Appliance(s)
  • Flooring Type: Wood
  • Interior: Separate/Formal Dining Room, Elevator, High Ceilings, Kitchen Island, Multiple Dining Areas, Main Level Primary, No Interior Steps, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting, Storage, Smart Home, Wired for Data, Walk-In Closet(s), High Speed Internet

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: None
  • View: Bridge(s), City Lights, City, Lake
  • Exterior: Balcony

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Assigned, Attached, Covered, Secured, Storage, Guest

Lot Features

Lot Information:

  • Lot Size: 0.00 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 Fifth Street and West Avenue in Downtown Austin.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,999,000
  • Price Per SqFt: $1,192/SqFt

HOA Fees:

  • Amount: $2166
  • Frequency: Monthly
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Housing Market Comparison

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

Med. Sold Price

$568.8K

Med. Price/SqFt

$311

Avg. Days On Market

56

# of Sold Homes

812

501 W Ave Unit 3701 vs Austin

47 DAYS ON ROCKET

-9 Days

$2,999,000

+$2.4M More

$1,192/SqFt

+$881 More

KEY TAKEAWAY

This property is $2.4M more than the Median Sold Price and $881/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: #1683295

Listing Office:

  • Office Name: Moreland Properties
  • Office Phone: (512) 480-0848
  • Listing Agent: Kelly Martin

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: 4/29/2024, 12:25:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$17.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,058

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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-3103681
6
/10
  • Matthews Elementary School

  • 906 Westlynn St

  • 0.85 miles

  • Public District Grades PK-6

Middle School

school-card-donut-3103682
5
/10
  • O. Henry Middle School

  • 2610 W 10th St

  • 1.77 miles

  • Public District Grades 6-8

High School

school-card-donut-3103683
6
/10
  • Austin High School

  • 1715 W Cesar Chavez St

  • 1.08 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 most common annual income of people living in Austin, TX is between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 501 W Ave Unit 3701

What is the listing price of this property?

The listing price of 501 W Ave Unit 3701 property is $2,999,000.

What type of property is this?

The property 501 W Ave Unit 3701 is a condo located in Austin, Texas, 78701.

Is this property for sale now?

Active Listing: 501 W Ave Unit 3701 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 501 W Ave Unit 3701 are:
Matthews Elementary School: GreatSchools Rating 6/10
O. Henry Middle School: GreatSchools Rating 5/10
Austin High School: GreatSchools Rating 6/10

How many bedrooms and bathrooms does this property have?

The property at 501 W Ave Unit 3701 has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 501 W Ave Unit 3701 is 2,517 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 501 W Ave Unit 3701 is 2018.
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Rocket HomesTexasTravis CountyAustin78701501 W Ave Unit 3701

This home is located at 501 W Ave Unit 3701 in Austin, TX and zip code 78701 in the Downtown neighborhood. This 2,517 square foot home, which was built in 2018, sits on a 0.00 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 12, 2024 and is currently priced at $2,999,000.

In March 2024, from all listings sold in Austin, TX there were more than 159 sold above asking price, over 503 sold below and more than 150 were sold right at the asked price. Between February 2024 and March 2024, Austin, TX real estate market has seen increase in the number of listings by 21.3%. In March 2024, listings were on the market for 56 days. During the same period, the median list price in this real estate market was $568,825.

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

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