Market Overview for Fifth & West Residences
There are 7 active listings in Fifth & West Residences with a median list price of $1.6M and a median sold price of $645K.
Homes average 36 days on market.
Most homes that closed in the last 90 days sold in the $500K-$750K range (50% of 2 closings), taking a median 61 days to go under contract; 100% of closings were $500K or more.
Over the past 30 days, 1 homes have sold, with 11 sales in the past 12 months.
The average price per square foot is $934.
About Fifth & West Residences
Fifth & West Residences is the condominium tower at 501 West Avenue in downtown Austin’s Market District. It is also written as 5th & West. Its location at West 5th Street makes it a natural comparison with Austin City Lofts, Seaholm Residences and other west-side buildings.
The surrounding Market District connects shopping, dining and the west side of downtown. Start at the residential entrance and compare your practical route to groceries, the Central Library and the lake trail.
Browse the listings below for current asking prices and property details. Use the status filter to compare available homes, homes under contract and recorded sales. Availability changes; the building guide is separate from the live listing and market data.
Living in Fifth & West Residences
The published building program includes shared recreation and gathering spaces, with a pool and fitness offering. Request the current amenity and reservation information and tour the common areas instead of judging them only from marketing photographs.
Compare the amount of usable living space, terrace orientation and the number of neighboring doors on the floor. For larger residences, examine whether circulation and room proportions make the added square footage useful.
Before making an offer, request the current association documents, budget, reserve information, insurance summary and assessment notices. Confirm the unit’s dues, parking and storage rights, pet and leasing rules, and move-in requirements.
Fifth & West Residences Schools
School District: Austin Independent School District
Public Schools
Frequently Asked Questions
What is the address of Fifth & West Residences?
Fifth & West Residences is at 501 West Ave, Austin, TX 78701. Match the unit number and legal description when reviewing a listing or association documents.
Where is Fifth & West, and is it the same as 5 Fifty Five?
Fifth & West is at 501 West Avenue. It is separate from 5 Fifty Five at 555 East 5th Street, which shares the Hilton building on the east side of downtown.
What should I check during a tour of Fifth & West Residences?
Compare the amount of usable living space, terrace orientation and the number of neighboring doors on the floor. For larger residences, examine whether circulation and room proportions make the added square footage useful.
How do I verify HOA dues at Fifth & West Residences?
Use the current statement for the specific unit and the association’s resale documents. Ask what dues cover and whether separate charges or assessments apply; an older listing may show an outdated amount.
Where can I compare listings and recent sales at Fifth & West Residences?
Use this page’s listing status filters and market section. Compare similar layouts, condition, parking and orientation. Active and under-contract listings are different from closed transactions; past sales are not current offers.
