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555 E 5th ST 3007Austin, TX 78701

For Sale

$1,395,000

Smart Buyer Rebate $13,950

Set on the 30th floor of 5FiftyFive in the heart of downtown Austin, this exceptional penthouse pairs soaring ceilings with floor-to-ceiling windows and panoramic views spanning the downtown skyline, Texas Capitol, and UT Tower. Updated by renowned interior designer Jay Jeffers, the residence features Italian wood flooring, new designer carpeting, freshly painted walls and cabinetry, custom California Closets throughout, and extensive storage in the primary suite, entry, and utility room. The spacious floor plan includes two bedrooms, two full baths, and one half bath, and expansive living and dining areas. The immaculate kitchen features Wolf and Sub-Zero appliances, including a six-burner gas range and double ovens. Retreat to the private primary suite with a walk-in closet and spa-inspired travertine bath. 5FiftyFive is one of downtown Austin’s premier full-service residential towers, where residents enjoy a private lobby, 24-hour concierge and doorman service, three private elevators, and access to hotel services including room service, restaurants, bars, and valet. Memberships to the Hilton’s spa and pool are included, offering an elevated level of service and convenience rarely found in downtown living. Positioned at the center of Austin’s most dynamic urban districts, the residence is moments from the city’s renowned dining and entertainment scene, with Rainey Street and the Second Street District just a short walk away. With major investment transforming the surrounding area, including the Convention Center redevelopment, East Sixth Street improvements, Waller Creek and Waterloo Greenway, and the I-35 Cap & Stitch, this is a rare opportunity to own a substantial downtown penthouse with exceptional views, generous storage, and two assigned parking spaces plus a storage unit. Tax and assessed values are estimates for illustration purposes only. All figures should be independently verified.

Listed by Trey Phillips

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License #489531

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Moreland Properties

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(512) 480-0848

Last updated October 28, 2026

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Source: ACTRIS #2827486

Listing Facts

  • TypeCondo
  • NeighborhoodDowntown Austin
  • Bedrooms2
  • Bathrooms3
  • Days on Prevu60
  • HOA/Maint. Fees$1,773.38/month
  • Taxes$11,833.38/year
  • Size2,131 sqft
  • Price per sqft$655

Amenities

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

Location

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Listing History

10/28/2026
Price Decreased
$1,395,000
09/01/2026
Listed by Moreland Properties
$1,500,000
  1. 10/28/2026$1,395,000
    Price Decreased
  2. 09/01/2026$1,500,000
    Listed by Moreland Properties

Property Details for 555 E 5th ST 3007

Association

Amenities

  • Community Features: Concierge, Fitness Center, Garage Parking, Pool, Room Service, VALET

Fees

  • Association Fee: $1,773.38 Monthly
  • Association Fee Includes: See Remarks

General

  • Association Name: 555 HOA

Exterior

Construction

  • Property Condition: Resale
  • Roof: See Remarks
  • Window Features: Window Treatments
  • Year Built: 2004
  • Construction Materials: Masonry – All Sides
  • Exterior Features: Balcony

Features

  • Direction Faces: NW
  • Patio And Porch Features: Covered, Terrace
  • Pool Features: Heated, In Ground, See Remarks
  • Pool Private: Yes
  • View: City, Panoramic

Measurements

  • Lot Size Acres: 0.00
  • Lot Size Area: 0
  • Lot Size Square Feet: 222

Financial

Taxes

  • Parcel Number: 02040420960000
  • Tax Annual Amount: $11,833.38
  • Tax Assessed Value: $860,000.00
  • Tax Year: 2026

Interior

Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Microwave, Double Oven, Refrigerator
  • Flooring: Carpet, Tile, Wood
  • Interior Features: Breakfast Bar, Built-in Features, Ceiling Fan(s), High Ceilings, Stone Counters, Double Vanity, Entrance Foyer, Kitchen Island, No Interior Steps, Open Floorplan, Primary Bedroom On Main, Recessed Lighting, Soaking Tub, Walk-In Closet(s)
  • Spa Features: Hot Tub

Measurements

  • Living Area: 2,131
  • Living Area Source: Public Records

Rooms

  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 2
  • Main Level Bedrooms: 2

Other

Location

  • Subdivision Name: Five Fifty 05 Condo Amd

Parking

Parking

  • Covered Spaces: 2
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Features: Assigned, Garage, Reserved, Secured
  • 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

Frequently Asked Questions

How many bedrooms and bathrooms does this condo have?

There are 2 bedrooms and 3 bathrooms in this condo at 555 E 5th ST 3007.

What schools are nearby to 555 E 5th ST 3007?

Nearby schools include the Mathews Elementary School, O Henry Middle School, and Austin High School.

Does this condo have parking?

Yes, there are 2 parking spaces available for 555 E 5th ST 3007.

What are the annual taxes for 555 E 5th ST 3007?

Annual taxes for this condo are estimated at $11,833.

How does 555 E 5th ST 3007 compare to other condos in Downtown Austin?

This condo is listed 47% above the average price for condos in Downtown Austin and has been on the market for 71 less days than the typical home in this area.

What building or home owners association is the condo part of?

This condo is part of the 555 HOA home owners association.

What is the square footage on this condo?

According to the MLS, this listing is 2,131 sqft.

555 E 5th ST 3007 is a 2-bedroom, 3-bath condo for sale in Austin TX 78701. Listed on Prevu for 60 days at $1,395,000. This includes a recent price decrease of $105,000. This property features 2,131 square feet of living space, located in Downtown Austin. The median listing price for condos in this area is $650,000. 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. View other condo 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.

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.