$10,000 Closing Credit¹
#4173655, Jessica Yates, Listing Office: Moreland Properties
$850,000 List price
501 W Ave Unit 705 Austin, TX 78701
$10,000
Closing credit¹
1 bed
1 full, 1 partial
1,092 sqft
$778 / sqft
Condo
Property details
About 501 W Ave Unit 705
Discover urban elegance at its finest in this stunning residence. This beautifully designed 1-bedroom + office (or 2nd room), 1.5-bathroom home spans 1,092 square feet and features sophisticated contemporary finishes and rich hardwood floors. The open-concept living area is bathed in natural light, with expansive windows offering captivating city views. The gourmet kitchen boasts sleek cabinetry, premium countertops, and high-end appliances, making it ideal for culinary enthusiasts and avid entertainers alike. The spacious primary bedroom includes a luxurious en-suite bathroom, while an additional half bathroom adds convenience for guests. Enjoy top-tier amenities: The building offers an array of luxury features, including a state-of-the-art gym, tranquil yoga studio, refreshing pool, rejuvenating spa, and a pet spa for your furry friends. Seller financing is available for this exceptional home. Prefer a 2/1 rate buy-down? Just ask! Unit 705 at 501 West Avenue is more than just a home; it’s a lifestyle of elegance and modern comfort in the heart of Austin. Experience the best of city living with unmatched amenities and a prime location.
Highlights
Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air
Size1,092 sqft
Year built2018
ParkingAssigned, Covered, Garage
MLS #7295794
Garage1 space
ViewCity
Summary
- MLS Number: 7295794
- MLS Name: ACTRIS
- Office Name: Compass RE Texas, LLC
- Office Phone: (512) 903-5129
- Listing Agent: Denise Bodman
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.
Copyright 2025 Unlock MLS and Austin Central Texas Realty Information Services, Inc.
Listings courtesy of Unlock MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 3/14/2025, 12:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$850,000
501 W Ave Unit 705
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
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 majority of Austin, TX residents have income between $35k-100k annually. Typical family type is single, no kids. Most 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 705
This home is located at 501 W Ave Unit 705 in Austin, TX and zip code 78701 in the Downtown neighborhood. This 1,092 square foot home was built in 2018. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since September 1, 2024 and is currently priced at $850,000.
Austin, TX housing market in February 2025 saw over 89 listings sold above listed price, more than 83 sold at listed price and over 434 sold below. In February 2025 in Austin, TX there were 19.1% more homes for sale than in January. In February 2025, listings were on the market for 79 days. During the same period, the median list price in this real estate market was $574,921.
From Rocket Homes Real Estate and based on county public records data.