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501 West Ave 2001Austin, TX 78701

For Sale

$2,375,000

Smart Buyer Rebate $23,750

Welcome to the rarely available C1 floor plan at the prestigious Fifth & West. This expansive 3-bedroom + study, 3-bath residence spans 2,517 square feet and showcases southeast-facing panoramic views of the Austin skyline and Lady Bird Lake through dramatic floor-to-ceiling, UV-filtering windows. Thoughtfully designed for entertaining, the open-concept layout features two private terraces and a showstopping center-island kitchen complete with a 10-foot quartz waterfall island with breakfast bar, custom flat-panel Italian cabinetry, Miele appliances, a low-profile vent hood, and a spacious walk-in pantry. The dedicated study offers a quiet retreat, while the sunlit primary suite enjoys spectacular natural light and unforgettable sunset views. The spa-inspired primary bath includes dual vanities, a frameless walk-in glass shower, and two large walk-in closets with custom Italkraft systems. Throughout the home, you'll find wide-plank white oak floors, Hansgrohe accessories, Kohler fixtures, motorized shades, USB outlets, keyless entry, and a smart thermostat. A full-size laundry room includes a utility sink and space for side-by-side appliances. Additional highlights include two premium parking spaces, a private storage unit, and access to best-in-class amenities such as a 24-hour concierge, resort-style pool, yoga and fitness studio, guest suites, pet park, and conference room. Crafted by an award-winning architecture and design team, Fifth & West delivers uncompromising luxury, privacy, and lifestyle in the heart of downtown Austin—with protected views over the Capitol View Corridor that will never be built out.

Listed by Hedy Donnelly

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License #760297

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Moreland Properties

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(512) 480-0848

Last updated September 03, 2025

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Source: ACTRIS #6453079

Listing Facts

  • TypeCondo
  • NeighborhoodMarket District
  • Bedrooms3
  • Bathrooms3
  • Days on Prevu128
  • HOA/Maint. Fees$2,258.57/month
  • Taxes$47,563.54/year
  • Size2,517 sqft
  • Price per sqft$944

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Air Conditioning
  • Parking
  • Swimming Pool
  • Fitness Center

Location

Mortgage Calculator

Listing History

09/03/2025
Price Decreased
$2,375,000
07/16/2025
Price Decreased
$2,400,000
06/15/2025
Price Decreased
$2,475,000
05/01/2025
Listed by Moreland Properties
$2,600,000

Property Details for 501 West Ave 2001

Association

Amenities

  • Community Features: Concierge, Conference/Meeting Room, Controlled Access, Dog Park, Fitness Center, Game Room, Kitchen Facilities, Lounge, Pool

Fees

  • Association Fee: $2,258.57 Monthly
  • Association Fee Includes: Common Area Maintenance

General

  • Association Name: Fifth & West

Exterior

Construction

  • Property Condition: Resale
  • Roof: Membrane
  • Window Features: Display Window(s), Insulated Windows, Window Treatments
  • Year Built: 2018
  • Builder Name: 5th And West Owner LP
  • Construction Materials: Concrete
  • Exterior Features: See Remarks

Features

  • Direction Faces: SE
  • Patio And Porch Features: Covered
  • Pool Features: In Ground
  • Pool Private: Yes
  • View: City, Downtown, Lake, Panoramic, Skyline, Water

Measurements

  • Lot Features: See Remarks
  • Lot Size Acres: 0.00
  • Lot Size Area: 0
  • Lot Size Square Feet: 156

Financial

Taxes

  • Parcel Number: 01070033810000
  • Tax Annual Amount: $47,563.54
  • Tax Assessed Value: $2,400,000.00
  • Tax Year: 2024

Interior

Features

  • Appliances: Built-In Oven(s), Convection Oven, Dishwasher, Disposal, Exhaust Fan, Gas Cooktop, Microwave, Refrigerator
  • Flooring: Stone, Wood
  • Interior Features: Breakfast Bar, High Ceilings, Eat-in Kitchen, Multiple Living Areas, Pantry, Primary Bedroom On Main, Recessed Lighting, Walk-In Closet(s)

Measurements

  • Living Area: 2,517
  • Living Area Source: Public Records

Rooms

  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 3
  • Main Level Bedrooms: 3

Other

Environmental

  • Green Energy Efficient: See Remarks

Features

  • Accessibility Features: See Remarks

Location

  • Subdivision Name: Fifth &West Residences
  • Tax Lot: 2001

Parking

Parking

  • Covered Spaces: 2
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Features: Garage, Reserved
  • Parking Total: 2

Schools

Elementary School

  • Elementary School: Mathews
  • Elementary School District: Austin ISD

High School

  • High School: Austin
  • High School District: Austin ISD

Middle or Junior School

  • Middle Or Junior School: O Henry
  • Middle Or Junior School District: Austin ISD

Utilities

Equipment

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public

Based on information from ACTRIS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.