#6453079, Hedy Donnelly, Listing office: Moreland Properties
$2,800,000 List price
501 W Ave Unit 3201 Austin, TX 78701
3 beds
3 full
2,517 sqft
0.00 acres
$1,112 / sqft
Condo
Property details
About 501 W Ave Unit 3201
Perched on the 32nd floor and overlooking the Capitol View Corridor—one of the city’s most protected vantagepoints-this highly sought-after floorplan boasts panoramic views of Downtown and Lady Bird Lake. With 3-bedrooms and 3-bathrooms the residence includes an additional study/flex space and two private, covered terraces perfect for soaking in the cityscape. Floor-to-ceiling windows frame the city skyline and flood the home with natural light. Luxury finishes include wide-plank hardwood flooring, marble bathrooms, a premium Miele appliance package, motorized window shades, and custom closet built-ins. Nestled in the vibrant Market District, Fifth & West is Austin’s premier boutique high-rise, crafted by renowned architect Michael Hsu. Step outside your front door and into the heart of Austin’s best culture—award-winning restaurants, upscale shopping, live music venues, nightlife, and entertainment are all just steps away. With MoPac just one mile away and the Central Business District nearby, connectivity and convenience are second to none. Enjoy two premium, reserved parking spaces with urban storage container world-class building amenities: 24-hour concierge service, a resort-style pool, resident portico with fire pit, multiple elegant lounge areas, two fully furnished guest suites, a cutting-edge fitness center, a private meeting room, and a beautifully appointed pet park with an adjacent indoor lounge and coffee bar. The controlled-access parking garage ensures peace of mind. Welcome to refined urban living in one of Austin’s most iconic residences. Tax and assessed values are estimates for illustration purposes only. All figures should be independently verified.
Highlights
Home typeCondominium
HeatingCentral, Electric
StatusActive
CoolingCentral Air
Size2,517 sqft
Lot size0.0036 Acres
Year built2018
ParkingAssigned, Attached, Covered, Garage, Gated
MLS #2552702
Garage2 spaces
ViewCity, Lake, Panoramic, River
Private poolYes
Summary
- Full Bathrooms: 3
- Appliances: Oven, Dishwasher, Exhaust Fan, Gas Cooktop, Disposal, Microwave, Refrigerator, Stainless Steel Appliance(s)
- Flooring Type: Marble, Wood
- Interior: High Ceilings, Multiple Living Areas, Main Level Primary, No Interior Steps, Recessed Lighting, Walk-In Closet(s)
- Fireplace: None
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Private Pool: Yes
- Parking: Assigned, Attached, Covered, Garage, Gated
- Waterfront: None
- View: City, Lake, Panoramic, River
- Exterior: Balcony
- Heating: Central, Electric
- Cooling: Central Air
- List Price: $2,800,000
- Price/SqFt: $1,112
- HOA Amount: $2485 Monthly
- Directions: Fifth & West is located on the corner for 5th Street and West Avenue.
- Year Built: 2018
- Stories: 1
- Living Area: 2,517 SqFt
- Lot Size: 0.0036 Acres
- MLS Number: 2552702
- MLS Name: ACTRIS
- Office Name: Moreland Properties
- Office Phone: (512) 480-0848
- Listing Agent: Kelly Martin
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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Tax history
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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. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
14%
<35k
42%
35k-100k
30%
100k-200k
14%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
82%
Single, No Kids
2%
Single, with Kids
14%
Married, No Kids
2%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
3%
<11 yrs old
1%
12-17 yrs old
44%
18-34 yrs old
49%
35-64 yrs old
3%
65+ yrs old
What do the neighbors do for fun?
Music Concerts
Hiking/backpacking
Art Museums
Where do the neighbors shop?
H&M
Bloomingdales
Crate & Barrel
Where do the neighbors go to eat?
Chipotle
Starbucks
Boston Market
What do the neighbors drive?
Volkswagen
Audi
Mercedes
What do the neighbors listen to?
Rhythmic Contemporary Hits- Alternative
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 501 W Ave Unit 3201
The listing price of 501 W Ave Unit 3201 property is $2,800,000.
The property 501 W Ave Unit 3201 is a condo located in Austin, Texas, 78701.
Active Listing: 501 W Ave Unit 3201 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 501 W Ave Unit 3201 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 3201 has 3 bedrooms and 3 bathrooms.
The property 501 W Ave Unit 3201 is 2,517 SqFt (source: MLS/tax record).
The year of construction for 501 W Ave Unit 3201 is 2018.
This home is located at 501 W Ave Unit 3201 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 July 2, 2025 and is currently priced at $2,800,000.
In June 2025 more than 108 listings in Austin, TX were sold above the asking price. During the same period more than 149 listings were sold at asking price, while more than 635 were sold below. Between May and June 2025, Austin, TX real estate market has seen increase in the number of listings by 7.4%. While the average time on the market in June 2025 was 51 days, the median list price was $575,928.
From Rocket Homes Real Estate and based on county public records data.