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555 E 5th St #521, Austin, TX 78701

$455,000

1 bd · 1 ba · 1,245 sqft

555 E 5th St #521, Austin, TX 78701

555 E 5th St #521, Austin, TX 78701 is a 1-bedroom, 1-bathroom condominium listed at $455,000 ($365/sqft). 1,245 sqft. Built in 2004. Located in Downtown Austin, Austin TX. Priced 49% below the Downtown Austin median of $715/sqft. MLS #4397769. Listed by BHGRE Gary Greene.

Property Overview

This downtown Austin condo at 555 5th Street showcases a refreshed interior that punches well above its price point. The 1,245 square foot residence features newly installed white oak hardwood floors, 10-foot ceilings, and a wall of windows with motorized shading that floods the open layout with natural light. The kitchen draws attention with its statement quartzite island, stainless steel appliances including a Bosch refrigerator and gas cooktop, and cabinetry extending to the ceiling, while the primary bedroom includes a generous walk-in closet and spa-like bathroom. A private balcony and two storage units sweeten the offering.

Located in the heart of Downtown Austin's walkable urban core, 555 Condos puts residents steps from the vibrant 6th Street entertainment district, Congress Avenue's boutique shops, and Lady Bird Lake's outdoor recreation. The building itself provides high-rise living amenities and the convenience of in-unit laundry with new LG appliances. At $365 per square foot, this property sits dramatically below Austin's median pricing, offering genuine value in one of the city's most desirable neighborhoods for those seeking downtown connectivity without the typical premium attached to central location.

Vox Real Estate Insight

We at Vox Residential recognize this unit's extended time on market reflects pricing psychology rather than condition or location—the recent updates and downtown positioning typically command far higher per-square-foot valuations in Austin. This represents a rare arbitrage opportunity for owner-occupants or investors seeking downtown exposure at a significant discount to comparable buildings.

Agent Description

The most updated and one of the lowest price per square foot condo in all of Austin. Don’t miss out on this excellent investment!! A recently updated 1-bedroom, 1-bathroom condo in the 555 Condos in the heart of Downtown Austin. Spanning 1,245 square feet, this unit features brand new 7” wide white oak wood floors throughout. The open floor plan boasts 10ft high ceilings, recessed lighting, and a large window wall with motorized sun-shades. The primary bedroom offers a massive walk-in closet and large bathroom. An updated kitchen includes a new Bosch stainless refrigerator, high-end stainless gas cooktop, recent updates to the kitchen cabinets which now span to the ceiling. The kitchen includes a statement quartzite island, while the rest of the counters are outfitted in granite. Enjoy the convenience of the new, stainless LG washer and dryer. Furthermore, you'll have access to your own private balcony. You also get two storage units—one on the 5th floor and one in the garage. The unit also includes a coveted parking space in a private, residents-only garage. The condo is staffed by 24-hour concierge and security service for peace of mind. Other building amenities, shared with the Hilton hotel, include a fitness center, rooftop lounge and heated salt water pool, Starbucks, Austin Taco Project and more. Located in downtown Austin, you can walk to dining options like Moonshine and others, entertainment, Whole Foods, Target and even the Capital. Discover the perfect blend of luxury and convenience in this exceptional condo.

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 $365/sqft, this listing is priced 49% below the Downtown Austin median of $715/sqft.

Property Details

Property TypeCondominium
Year Built2004
Bedrooms1
Bathrooms1
Living Area1,245 sqft
Lot Size131 sqft
Price / Sqft$365
StoriesOne
ConditionUpdated/Remodeled
Unit StyleNeighbor Above, Neighbor Below, Tower (14+ Stories)
SubdivisionFive Fifty 05 Condo Amd
CountyTravis
MLS AreaDT
ListedOct 8, 2025
MLS #4397769
Listed ByBHGRE Gary Greene

Interior

FlooringWood
AppliancesDishwasher, Disposal, ENERGY STAR Qualified Refrigerator, Gas Cooktop, Microwave, Free-Standing Gas Oven, Gas Oven, RNGHD, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer, Washer/Dryer Stacked, Electric Water Heater
Interior FeaturesCeiling Fan(s), Ceiling-High, Quartz Counters, High Speed Internet, Kitchen Island, Open Floorplan, Primary Bedroom on Main, Recessed Lighting, Smart Thermostat, Stackable W/D Connections, Walk-In Closet(s)
WindowsWindow Treatments
LaundryIn Unit, Laundry Closet
Main-Level Bedrooms1

Systems & Utilities

CoolingElectric
HeatingElectric
UtilitiesHigh Speed Internet, Sewer Available
Water SourcePublic
SewerPublic Sewer
Energy EfficientAppliances

Exterior & Lot

ConstructionConcrete
RoofMembrane
FoundationPillar/Post/Pier
Exterior FeaturesBalcony, Uncovered Courtyard, No Exterior Steps, Restricted Access
Patio & PorchPatio
Lot FeaturesCity Lot
ViewCity
FacesEast

Parking

Parking Spaces1
Garage Spaces1
Parking FeaturesAssigned

Community & HOA

HOAYes
HOA NameThe 5 Fifty Five COA
HOA Fee$1,054 / Monthly
Fee IncludesCommon Area Maintenance, Gas, Heat, Water, Landscaping, Maintenance Grounds, Maintenance Structure, Security, Sewer, Trash
Community FeaturesBike Storage/Locker, Business Center, Common Grounds, Concierge, Courtyard, Covered Parking, Electronic Payments, Fitness Center, Garage Parking, Gated, Google Fiber, High Speed Internet, Laundry Service, Lock and Leave, Lounge, Maintenance On-Site, Nest Thermostat, Package Service, Planned Social Activities, Pool, Recycling Area/Center, Restaurant, Rooftop Lounge, Room Service, Sauna, Hot Tub, Storage, Tenant Access Cargo Elevator, U-Verse
Security24 Hour Security, Fire Alarm, Gated with Guard, Key Card Entry, Secured Garage/Parking, Smoke Detector(s)

Assigned Schools

ElementaryMathews
MiddleO Henry
HighAustin
DistrictAustin ISD

Taxes & Legal

Tax Year2025
Annual Tax$11,877
Assessed Value$599,281
Parcel #02040420120000
Legal DescriptionUNT 521 FIVE FIFTY FIVE CONDOMINIUMS AMENDED PLUS .1714 % INT IN COM AREA
FEMA Flood PlainNo
In ETJNo
DisclosuresOther Disclosures, Seller Disclosure
Listing ConditionsStandard

Listing data last updated:

Frequently Asked Questions

What is the listing price of 555 E 5th St #521, Austin, TX 78701?

This property is listed at $455,000, which is $365 per square foot. That is 49% below the Downtown Austin area median of $715/sqft.

How many bedrooms and bathrooms does 555 E 5th St #521, Austin, TX 78701 have?

This home has 1 bedroom and 1 bathroom, with 1,245 square feet of living space.

When was 555 E 5th St #521, Austin, TX 78701 built?

This property was built in 2004, making it 22 years old.

What neighborhood is 555 E 5th St #521, 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 E 5th St #521, Austin, TX 78701 been on the market?

This listing has been on the market for 308 days.

What type of property is 555 E 5th St #521, Austin, TX 78701?

This is a Condominium on a 130.68 sqft lot.

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