$500,000
1 bd · 1 ba · 1,178 sqft
555 5th ST, Austin, TX 78701
555 5th ST, Austin, TX 78701 is a 1-bedroom, 1-bathroom condominium listed at $500,000 ($424/sqft). 1,178 sqft. Built in 2004. Located in Downtown Austin, Austin TX. Priced 37% below the Downtown Austin median of $678/sqft. MLS #1490187. Listed by KW-Austin Portfolio RealEstate.
Property Overview
This Downtown Austin condominium at 555 5th Street offers an exceptional value proposition for urban living, priced 37% below the neighborhood median at $424 per square foot. The 1,178-square-foot unit features one bedroom and one bathroom, providing an efficient layout ideal for professionals or investors seeking a foothold in the walkable heart of Austin's most vibrant urban core. The 2004 construction maintains solid bones while offering immediate occupancy without renovation requirements.
Located steps from the 6th Street Entertainment District and Congress Avenue's eclectic mix of galleries, restaurants, and boutiques, this residence positions owners at the epicenter of Austin's downtown renaissance. The proximity to Lady Bird Lake's expansive trail system and parks transforms morning runs and evening strolls into genuine lifestyle amenities rather than distant destinations. Downtown Austin living here means genuine convenience—grocery stores, transit access, and cultural venues exist within walking distance, eliminating car dependency for daily needs.
The price point reflects a rare opportunity in the 78701 zip code, where premium positioning typically commands significantly higher rates per square foot. For buyers prioritizing location and urban accessibility over square footage, this 5th Street property delivers authentic downtown living without the premium pricing tag often attached to comparable addresses in this sought-after neighborhood.
Agent Description
One of the largest 1BR units in a convenient downtown location. Spacious open concept living & kitchen with an enclosed bedroom. Large California closets walk-in closet, stainless steel appliances, recent wood floors, great East facing views & an air-conditioned storage unit right down the hall make this a great option for urban living. Great amenities available including 24 hr concierge, Hilton amenities such as spa, health club, rooftop terrace/bar,restaurants & Starbucks,heated salt water pool, etc.Restrictions: Yes
Neighborhood: Downtown Austin
This property is located in Downtown Austin, Austin, TX. The area is known for 6th Street Entertainment, Lady Bird Lake, Congress Avenue, High-Rise Living, Walkable Urban Core.
At $424/sqft, this listing is priced 37% below the Downtown Austin median of $678/sqft.
Property Details
| Property Type | Condominium |
| Year Built | 2004 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Living Area | 1,178 sqft |
| Lot Size | 130.68 sqft |
| Price per Sqft | $424 |
| Days on Market | 2228 |
| MLS # | 1490187 |
| Listed By | KW-Austin Portfolio RealEstate |
Listing data last updated:
Frequently Asked Questions
What is the listing price of 555 5th ST, Austin, TX 78701?
This property is listed at $500,000, which is $424 per square foot. That is 37% below the Downtown Austin area median of $678/sqft.
How many bedrooms and bathrooms does 555 5th ST, Austin, TX 78701 have?
This home has 1 bedroom and 1 bathroom, with 1,178 square feet of living space.
When was 555 5th ST, Austin, TX 78701 built?
This property was built in 2004, making it 22 years old.
What neighborhood is 555 5th ST, Austin, TX 78701 in?
This property is in Downtown Austin, Austin, TX. The area is known for 6th street entertainment, lady bird lake, congress avenue.
How long has 555 5th ST, Austin, TX 78701 been on the market?
This listing has been on the market for 2228 days.
What type of property is 555 5th ST, Austin, TX 78701?
This is a Condominium on a 130.68 sqft lot.