5th & West condo tower at 501 West Ave, Austin TX

    Market District · Live market report

    5th & West condos

    501 West Ave, Austin, TX 78701

    Prices, sold history, rental performance and inventory at 5th & West — refreshed from Unlock MLS.

    § 01. Market snapshot

    What's happening right now.

    Time range:

    7

    For sale

    Active listings

    1

    Under contract

    Pending / AUC

    8

    Sold (tracked)

    Last 12 months

    0

    Off-market

    Last 12 months

    $1.67M

    Median ask

    $425K – $4.0M

    $830

    Median $/sq ft

    Active inventory

    Median days on market

    Current listings

    Median time to sell

    Sold in last 12 mo

    1

    For rent

    Active rentals

    $3,750/mo

    Median rent

    $4K – $4K

    6

    Leased / off-market

    Last 12 months

    10.5

    Months of supply

    Active ÷ sold pace

    Data coverage: Our MLS feed for 5th & West covers Jun 2025Aug 2026 (≈ 14 months of records). Sold, off-market and leased figures above are limited to the last 12 months. Switch to “All” for the full history. Sold figures reflect the last list price recorded in Unlock MLS; closed sale prices are available on request.

    § 02. Pricing by floor plan

    What each layout costs.

    BedroomsActiveMedian pricePrice rangeMedian sq ft$ / sq ft
    1 bed1$425,000$425K$425K652$652
    2 bed1$1,050,000$1.05M$1.05M1,327$791
    3 bed5$1,699,900$1.65M$4.0M2,009$846

    § 03. Sales history

    Recently sold at 5th & West.

    The last 8 tracked closings from the past 12 months, with size, price per square foot and time on market.

    UnitBeds / bathsSq ftLast list price$ / sq ftDays on market
    #7031 / 1930$669,950$720
    #12072 / 31,759$1,699,999$966
    #32013 / 32,517$2,750,000$1,093
    #23033 / 42,822$2,230,000$790
    #36023 / 42,849$2,500,000$878
    #25022 / 2846$629,999$745
    #12072 / 31,759$1,699,000$966
    #33043 / 32,009$1,795,000$893

    § 04. Live inventory

    5th & West condos for sale.

    Pulling live MLS data…

    5th & West condos for rent.

    Pulling live MLS data…

    § 05. Listing movement

    Currently under contract.

    § 06. About the building

    Living at 5th & West.

    5th & West is a 39-story, 154-unit condominium tower at 501 West 5th Street, completed in 2017 by Riverside Resources with architecture by Page. Residences range from one-bedroom flats to multi-bedroom penthouses, with floor-to-ceiling glass and private terraces facing the lake, the Capitol, or the downtown skyline. Amenities include a resort pool deck, sky lounge, fitness center, owners' lounge, dog area, conference room, and 24-hour concierge. The Market District location places residents one block from the Whole Foods flagship and within easy reach of the Seaholm District, Republic Square, and the 2nd Street District. Boutique unit count for a tower this height, plus a central downtown address, keeps the resale market consistently active.

    Building facts

    • Built 2017
    • 39 floors
    • 154 units
    • HOA $800 – $2,500/mo
    • Architect: Page

    Amenities

    • ·Resort-style pool deck
    • ·Sky lounge with skyline views
    • ·Fitness center & yoga studio
    • ·Owners' lounge with catering kitchen
    • ·Conference room
    • ·Dog park
    • ·Guest suites
    • ·24-hour concierge
    • ·Secure parking garage

    § 07. FAQ

    Buying at 5th & West.

    Adrian Salas, Austin condo specialist

    Meet Adrian

    A decade in the Austin real estate market.

    "Real estate isn't about square footage, it's about how a place makes you feel the moment you walk in. My job is to find you that moment."
    Adrian Salas

    Adrian Salas works Austin condos, every building, every floor plan, every HOA. Buyers get building-by-building intel. Sellers get pricing grounded in the comps that matter.

    Considering 5th & West? Adrian has either sold there, leased there, or toured there.

    Austin Marketing + Development Group · TREC Licensed Realtor®