PRICE REDUCTION! Spacious 1 bedroom / 1 bathroom West facing condo at 5th&West Residences. Upon entering you will find a large kitchen with a waterfall quartz counter island with bar seating, custom cabinetry, state of the art Miele appliances and wine fridge. The entire condo features hardwood flooring throughout, electronic shades, recessed lighting and large picture windows that bring in tons of natural light. Use the extra space in the living room for a dining room, home office, reading nook or addtional seating area. In the bedroom you'll find floor to ceiling sliding glass doors that lead out to the balcony with panoramic views of Downtown Austin. The beautiful marble ensuite features a dual vanity, seamless glass shower and walk in closet. 1 parking spot with an EV CHARGING STATION & ONE LARGE STORAGE SPACE ($50k value) INCLUDED! Enjoy stunning building amenities designed by award winning Michael Hsu including the owner's lounge with multiple lounge areas, a chef's kitchen and large dining space perfect for entertaining. The state of the art fitness center features a yoga / spin room as well as a separate gym with state of the art equipment. Outside is the sky deck where you can take in the city skyline views and grilling areas leading out to the beautiful resort style pool deck. 2 guest suites are located on the amenity floor and can be reserved for a fee for your guests. Walk to Lady Bird Lake/Hike & Bike Trail, Whole Foods, Trader Joe's, 2nd St District, Seaholm District, West 6th St and all that Downtown ATX has to offer. Truly an amazing location and sought after luxury building! 1st year interest rate BUY DOWN offered from preferred lender Chandra Carthrae with Supreme Lending
Features of 501 West Ave 1202
MLS® #
1228231
Price
$599,900
Bedrooms
1
Bathrooms
1.00
Full Baths
1
Square Footage
846
Acres
0.00
Year Built
2018
Type
Residential
Sub-Type
Condominium
Status
Active Under Contract
Has Pool
Yes
Water Feature/View
View
City
Is Waterfront
No
Community Information: Austin
Address
501 West Ave 1202
Area
DT
Subdivision
Fifth & West Residences
City
Austin
County
Travis
State
TX
Zip Code
78701
Amenities of 501 West Ave 1202
Amenities
Concierge
Utilities
Electricity Available
Features
Common Grounds/Area, Community Mailbox, Conference/Meeting Room, Fitness Center, Pool, Sidewalks, Curbs, Bar/Lounge, Concierge, Pet Amenities
Parking
Assigned, Guest
# of Garages
1
Interior of 501 West Ave 1202
Interior
Tile, Wood
Appliances
Built-In Oven, Dishwasher, Gas Cooktop, Disposal, Gas Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Stainless Steel Appliance(s)
Heating
Central
Fireplace
No
Fireplaces
None
# of Stories
1
Stories
One
Exterior of 501 West Ave 1202
Exterior Features
Balcony
Lot Description
Alley, Level, Few Trees, Trees Small Size
Roof
Membrane, Metal, Flat Tile
Construction
Masonry
Foundation
Slab
School Information
District
Austin ISD
Elementary
Mathews
Middle
O Henry
High
Austin
Additional Information On 501 West Ave 1202
Days on Market
51
Foreclosure
No
Short Sale
No
RE / Bank Owned
No
HOA Fees
758
HOA Fees Freq.
Monthly
Gated Community
No
Property History
Status Changed from Active to Active Under Contract
Price Reduced from $649,500 to $599,900
The information being provided is 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. Listing Data Provided By: Compass RE Texas, LLC(512) 289-5785. Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from October 16th, 2025 at 1:04pm CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. All information provided is deemed reliable but is not guaranteed and should be independently verified.