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.
Listed by Jessica Yates
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License #602251
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Moreland Properties
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(512) 480-0848
Listed by Kelly Martin
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License #624847
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Moreland Properties
Last updated March 13, 2026
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Source: ACTRIS #9735267
Listing Facts
TypeSingle-family
NeighborhoodMarket District
Bedrooms2
Bathrooms2
Days on Prevu19
HOA/Maint. Fees$1,185/month
Taxes$14,575.76/year
Size1,327 sqft
Price per sqft$783
Amenities
Dishwasher
Private Outdoor Space
Air Conditioning
Parking
Swimming Pool
Fitness Center
Location
Mortgage Calculator
Listing History
03/12/2026
Price Decreased
$1,039,000
02/25/2026
Listed by Moreland Properties
$1,085,000
Property Details for 501 West Ave 704
Association
Amenities
Community Features: BBQ Pit/Grill, Concierge, Conference/Meeting Room, Covered Parking, Dog Park, Fitness Center, Pet Amenities, Pool
Fees
Association Fee: $1,185.00 Monthly
Association Fee Includes: Common Area Maintenance, Gas, Sewer, Trash
General
Association Name: 5th & West
Exterior
Construction
Property Condition: Resale
Roof: See Remarks, Membrane
Window Features: Window Treatments
Year Built: 2018
Construction Materials: See Remarks, Concrete
Exterior Features: See Remarks
Features
Direction Faces: North
Patio And Porch Features: Awning(s), Terrace
Pool Features: In Ground, Outdoor Pool
Pool Private: Yes
View: City
Measurements
Lot Features: Corner Lot
Lot Size Acres: 0.00
Lot Size Area: 0
Lot Size Square Feet: 82
Financial
Taxes
Parcel Number: 01070033050000
Tax Annual Amount: $14,575.76
Tax Assessed Value: $861,679.00
Tax Year: 2025
Interior
Features
Appliances: Cooktop, Dishwasher, Disposal, Gas Cooktop, Gas Oven, Refrigerator
Flooring: Marble, Wood
Interior Features: Quartz Counters, Open Floorplan, Primary Bedroom On Main, Smart Home, Walk-In Closet(s)
Measurements
Living Area: 1,327
Living Area Source: Public Records
Rooms
Bathrooms Full: 2
Bathrooms Total Integer: 2
Bedrooms Total: 2
Main Level Bedrooms: 2
Other
Location
Subdivision Name: Fifth & West Residences
Tax Lot: 704
Parking
Parking
Attached Garage: Yes
Covered Spaces: 2
Garage Spaces: 2
Parking Features: Assigned, Attached
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, Electric
Heating: Central
Sewer: Public Sewer
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water Source: Public
Frequently Asked Questions
How many bedrooms and bathrooms does this single-family home have?
There are 2 bedrooms and 2 bathrooms in this single-family home at 501 West Ave 704.
What schools are nearby to 501 West Ave 704?
Nearby schools include the Mathews Elementary School, O Henry Middle School, and Austin High School.
Does this single-family home have parking?
Yes, there are 2 parking spaces available for 501 West Ave 704.
What are the annual taxes for 501 West Ave 704?
Annual taxes for this single-family home are estimated at $14,575.
What building or home owners association is the single-family home part of?
This single-family home is part of the 5th & West home owners association.
What is the square footage on this single-family home?
According to the MLS, this listing is 1,327 sqft.
501 West Ave 704 is a 2-bedroom, 2-bath single-family home for sale in Austin TX 78701. Available on Prevu for 19 days at $1,039,000. This includes a recent price decrease of $46,000. This property features 1,327 square feet of living space, located in Market District. The median listing price for single-family homes in this area is $775,000. Nearby schools include Mathews Elementary School, O Henry Middle School, and Austin High School. Property amenities include private outdoor space, dishwasher, air conditioning, fitness center, parking, and swimming pool. Explore more single-family home listings in Austin.
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.
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.