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$1,039,000
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Property Description
Experience sophisticated downtown living at Fifth & West Residences #704, a thoughtfully designed 2-bedroom, 2-bathroom home featuring an office/study and a dedicated dining area. A fully furnished option is available and negotiable. The residence showcases premium interior finishes, including Italkraft kitchen cabinetry, custom closet systems, granite kitchen countertops, and a built-in Miele wine refrigerator. The kitchen is appointed with Miele appliances and a reverse osmosis water filtration system. Modern convenience is enhanced by brand-new hardwood flooring, Savant smart home automation, Lutron automated dimming LED lighting, and automated blackout shades in the bedroom. Entertainment and connectivity are elevated with whole-house pre-wired ceiling speakers and premium Bowers & Wilkins speakers in both bedroom ceilings. Residents of Fifth & West enjoy exceptional community amenities designed by Michael Hsu, including concierge service, a state-of-the-art fitness center with Peloton and Pilates reformer equipment, guest suites, a stylish work lounge, elegant catering kitchen for entertaining, serene pool with skyline views, covered outdoor gathering spaces, and a dedicated dog park with wash stations. Located in Downtown Austin's Market District, this residence offers outstanding walkability to premier dining, shopping, and lifestyle destinations while delivering true lock-and-leave luxury living. Tax and assessed values are estimates for illustration purposes only. All figures should be independently verified.
Full Property Details
Full Property Details for 501 West Ave #704
General
- Price: $1,039,000
- HOA FEE: $1,185/month
- Taxes: $14,575 (2025)
- Status: Active
- Type: Single Family
- Source: Austin_MLS
- MLS ID: 9735267
- Updated: 3/12/2026
- Added to Site: 46 day(s) ago
Interior
- Interior Features: Main Level Primary, Open Floorplan, Quartz Counters, Smart Home, Walk-In Closet(s)
- Appliances: Cooktop, Dishwasher, Gas Cooktop, Disposal, Gas Oven, Refrigerator
- Flooring: Marble, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main: 2
Other Rooms
- Laundry: In Unit
Additional Information
- Shared Amenities: Concierge
- Shared Pool: Yes
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground, Outdoor Pool, Community
- Security/Safety: Carbon Monoxide Detector(s), Secured Garage/Parking, Smoke Detector(s)
Exterior
- Exterior Features: See Remarks
- Porch/Patio/Deck: Awning(s), Terrace
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Total Spaces: 2
- Parking Features: Assigned, Attached, Covered
Location
- Area: DT
- County: Travis
- Subdivision: Fifth & West Residences
- Driving Directions: Fifth & West is located on the corner of 5th Street and West Avenue in Downtown Austin.
- Direction Faces: North
School Information
- Elem School District: Austin ISD
- Midd School District: Austin ISD
- High School District: Austin ISD
- Elementary School: Mathews
- Middle School: O Henry
- High School: Austin
Community
- Association: Yes
- Assoc. Name: 5th & West
- Assoc. Fees Include: Common Area Maintenance, Gas, Sewer, Trash
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Concrete, See Remarks
- Roof: Membrane, See Remarks
- Windows: Window Treatments
- Stories/Levels: 1
- Square Feet: 1,327
- Sq. Ft. Source: Public Records
- Living Area: 1,327 Sq. Ft.
- Year Built: 2018
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: None
Lot Features
- Property View: City
- Lot Size (Acres): 0.0019
- Lot Size (Sq. Ft.): 82.76
- Lot Features: Corner Lot
- Fencing (Description): None
Financial Considerations
- Association Fee: $1,185
- Assoc Fee Freq.: Monthly
- Assessment Amount: $861,679
- Tax Amount: $14,575.76
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: UNT 704 FIFTH & WEST RESIDENCES CONDOMINIUM PLUS .492 % INT IN COM AREA
- Disclosures/Reports: Seller Disclosure
- Property ID: 1070033050000
- Lot Number: 704
Listed by Moreland Properties
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Schools
Schools serving 501 West Ave #704
School District:Austin Independent School District
| Name | Grades | Distance |
|---|---|---|
Mathews Elementary School 906 West Lynn Street, Austin, TX 78703 | PK-6 | 0.9 mi |
O Henry Middle School 2610 West 10th Street, Austin, TX 78703 | 6-8 | 1.8 mi |
Austin High School, Austin, TX 1715 West Cesar Chavez Street, Austin, TX 78703 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 501 West Ave #704
Date
Details
Price
Change
Source
3/12/2026
Price Reduced
$1,039,000
-4.24%
MLS
2/25/2026
Listed
$1,085,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 501 West Ave #704
Year
Property Taxes
Change
Tax Assessment
Change
2024
$15,429
—
$861,679
-6%
2024
$15,429
-5%
$912,602
-8%
2022
$16,290
—
$986,597
-6%
2022
$16,290
-1%
$1,049,571
24%
2021
$16,388
-8%
$843,790
6%
2020
$17,791
-2%
$799,000
7%
2020
$18,070
-2%
$749,807
2901%
2019
$18,505
—
$24,983
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 501 West Ave #704
501 West Avenue #704, Austin, TX 78701 (MLS# 9735267) is a Single Family property with 2 bedrooms and 2 full bathrooms. 501 West Avenue #704 is currently listed for $1,039,000 and was received on February 25, 2026. Want to learn more about 501 West Avenue #704? Do you have questions about finding other Single Family real estate for sale in Central Austin? You can browse all Central Austin real estate or contact a Coldwell Banker agent to request more information.

