8 months on rocket

555 E 5th St Unit 2721, Austin, TX, 78701

$489,000

Home List Price

$5,807*

Closing Credit

1 Bedroom
1 Full Bath
845 SqFt
$579/SqFt
Condo
Schools Nearby

Location

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555 E 5th St Unit 2721, Austin$489,000

Buyer Closing Credits

$5,807*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingAssigned, Garage, Guest
Garage1 space
Year Built2004
HeatingCentral
CoolingCentral Air
WaterfrontNone
FireplaceNone
ViewCity
Private PoolYes
MLS #8969669
Lot Size0.00 Acres
StatusActive

About 555 E 5th St Unit 2721

Discover a remarkable opportunity on the 27th floor of the 5FiftyFive condominiums. This one-bedroom, one-bathroom unit defies expectations with its spacious layout and breathtaking east-facing views. An abundance of natural light floods in through floor-to-ceiling windows, enhancing the sense of openness. Step outside onto the balcony for a fresh perspective on city living. The kitchen is both functional and stylish, offering ample storage and featuring light wood cabinetry beautifully contrasted by sleek black granite countertops. Inside, you'll find the warmth of wood floors, a luxurious Travertine stone bathroom with a relaxing soaking tub, and a generously proportioned bedroom with an expansive closet. Residents of 5FiftyFive can enjoy single or family memberships to the HOA amenities including access to the fitness center, sauna, jacuzzi, an outdoor saltwater pool, and a fully stocked bar with access to food from the Hilton restaurant. Ownership in the building is also accompanied by desirable discounts on Hilton-related perks and amenities such as hotel rooms for visiting friends and family, the hotel bar and restaurant, UPS printing and packaging, and Starbucks. The building boasts top-of-the-line service, including a concierge operated daily from 10am-6pm, security on duty from 10pm-6am, and dedicated maintenance. This unit comes with one reserved garage parking space. The unit is tenant occupied. 24-Hour Advance Showing Notice. Tax and assessed values are estimates for illustration purposes only. All figures should be independently verified.

Property Details

Property Features

Property Information:

  • Year Built: 2004
  • Stories: 1
  • Living Area: 845 SqFt

Listing Office:

  • Office Name: Moreland Properties
  • Office Phone: (512) 480-0848
  • Listing Agent: Trey Phillips

Interior Features

Interior Information:

  • Appliances: Dishwasher, Range, Disposal, Microwave, Refrigerator
  • Flooring Type: Carpet, Tile, Wood
  • Interior: Breakfast Bar, High Ceilings, Main Level Primary, Walk-In Closet(s)
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: None
  • View: City
  • Exterior: None

Parking Information:

  • Garage Space: 1 space
  • Parking: Assigned, Garage, Guest

Lot Features

Lot Information:

  • Lot Size: 0.00 Acres

Utilities

Utilities Information:

  • Heating: Central
  • 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: 5 Fifty Five is located on the corner of East 5th Street and Red River. Enter through the lobby which is on 5th St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $489,000
  • Price Per SqFt: $579/SqFt

HOA Fees:

  • Amount: $670
  • Frequency: Monthly
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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

555 E 5th St Unit 2721 vs Austin

243 DAYS ON ROCKET

+197 Days

$489,000

-$79.3K Less

$579/SqFt

+$268 More

KEY TAKEAWAY

This property is $79.3K less than the Median Sold Price and $268/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: #8969669

Listing Office:

  • Office Name: Moreland Properties
  • Office Phone: (512) 480-0848
  • Listing Agent: Trey Phillips

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, 8:20:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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

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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-6662836
6
/10
  • Matthews Elementary School

  • 906 Westlynn St

  • 1.63 miles

  • Public District Grades PK-6

Middle School

school-card-donut-6662837
5
/10
  • O. Henry Middle School

  • 2610 W 10th St

  • 2.56 miles

  • Public District Grades 6-8

High School

school-card-donut-6662838
6
/10
  • Austin High School

  • 1715 W Cesar Chavez St

  • 1.90 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. Typical income of Austin, TX residents is between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 555 E 5th St Unit 2721

What is the listing price of this property?

The listing price of 555 E 5th St Unit 2721 property is $489,000.

What type of property is this?

The property 555 E 5th St Unit 2721 is a condo located in Austin, Texas, 78701.

Is this property for sale now?

Active Listing: 555 E 5th St Unit 2721 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 555 E 5th St Unit 2721 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 555 E 5th St Unit 2721 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 555 E 5th St Unit 2721 is 845 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 555 E 5th St Unit 2721 is 2004.

Rocket HomesTexasTravis CountyAustin78701555 E 5th St Unit 2721

This home is located at 555 E 5th St Unit 2721 in Austin, TX and zip code 78701 in the Downtown neighborhood. This 845 square foot home, which was built in 2004, sits on a 0.00 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since September 05, 2023 and is currently priced at $489,000.

In April 2024 more than 195 listings in Austin, TX were sold above the asking price. During the same period more than 158 listings were sold at asking price, while more than 571 were sold below. The number of homes for sale in Austin, TX increased by 18.7% between March 2024 and April 2024. Listings spent 46 days on the market in April 2024, and had a median list price of $568,336 during the same period.

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

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