#6158202, Carolyn Skyles, Listing office: Compass RE Texas, LLC
501 W Ave Unit 2001 Austin, TX 78701
Property details
About 501 W Ave Unit 2001
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.
Highlights
Summary
- Full Bathrooms: 3
- Appliances: Oven, Convection Oven, Dishwasher, Exhaust Fan, Gas Cooktop, Disposal, Microwave, Refrigerator
- Flooring Type: Stone, Wood
- Interior: Breakfast Bar, Eat-in Kitchen, High Ceilings, Multiple Living Areas, Main Level Primary, Pantry, Recessed Lighting, Walk-In Closet(s)
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Private Pool: Yes
- Parking: Assigned, Garage
- Waterfront: None
- View: City, Lake, Panoramic, Water
- Exterior: See Remarks
- Heating: Central
- Cooling: Central Air
- List Price: $2,400,000
- Price/SqFt: $953
- HOA Amount: $2258 Monthly
- Lot: See Remarks
- Directions: Fifth and West Residences are located on the corner of 5th St and West Ave.
- Year Built: 2018
- Stories: 1
- Living Area: 2,517 SqFt
- Lot Size: 0.0036 Acres
- MLS Number: 6453079
- MLS Name: ACTRIS
- Office Name: Moreland Properties
- Office Phone: (512) 480-0848
- Listing Agent: Hedy Donnelly
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.
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Price information
Property sales
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Nearby schools
8
Matthews Elementary School
Public District PK-6
0.9 mi
•906 W Lynn St
2
Sanchez Elementary School
Public District PK-5
1.2 mi
•73 San Marcos St
8
Becker Elementary School
Public District PK-5
1.4 mi
•906 W Milton St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $88,116. The most common annual income of people living in Austin, TX is between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
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Frequently asked questions
About 501 W Ave Unit 2001
The listing price of 501 W Ave Unit 2001 property is $2,400,000.
The property 501 W Ave Unit 2001 is a condo located in Austin, Texas, 78701.
Active Listing: 501 W Ave Unit 2001 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 501 W Ave Unit 2001 are: Matthews Elementary School (GreatSchools Rating 8/10), Sanchez Elementary School (GreatSchools Rating 2/10), Becker Elementary School (GreatSchools Rating 8/10), Martin Middle School (GreatSchools Rating 2/10), Kealing Middle School (GreatSchools Rating 6/10), Lively Middle School (GreatSchools Rating 3/10), University of Texas at Austin High School (GreatSchools Rating 9/10), Austin High School (GreatSchools Rating 8/10), Phoenix Academy (GreatSchools Rating 1/10).
The property at 501 W Ave Unit 2001 has 3 bedrooms and 3 bathrooms.
The property 501 W Ave Unit 2001 is 2,517 SqFt (source: MLS/tax record).
The year of construction for 501 W Ave Unit 2001 is 2018.
This home is located at 501 W Ave Unit 2001 in Austin, TX and zip code 78701 in the Downtown neighborhood. This 2,517 square foot home, which was built in 2018, sits on a 0.00 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 2, 2025 and is currently priced at $2,400,000.
In June 2025, from all listings sold in Austin, TX there were more than 108 sold above asking price, over 635 sold below and more than 149 were sold right at the asked price. Between May and June 2025, Austin, TX real estate market has seen increase in the number of listings by 7.4%. In June 2025 median list price was $575,928 and the average listing age was 51 days.