$2,750,000

Property Overview

This 32nd-floor residence at 501 West Ave commands sweeping views across downtown Austin's protected Capitol View Corridor, capturing panoramic vistas of the skyline and Lady Bird Lake in a single glance. The 2,517-square-foot, three-bedroom condominium in the Market District showcases floor-to-ceiling windows that frame the cityscape while flooding interiors with natural light. Two covered terraces provide dedicated outdoor space for entertaining or quiet reflection above the urban landscape. A dedicated study offers flexibility for modern living, while marble bathrooms, wide-plank hardwood flooring, premium Miele appliances, motorized shades, and custom closet systems reflect meticulous attention to detail throughout.

Located in Fifth & West, Michael Hsu's acclaimed boutique high-rise, this property sits steps from 6th Street's entertainment venues, Congress Avenue's cultural attractions, and Lady Bird Lake's recreational opportunities. The walkable urban core of downtown Austin surrounds the building with award-winning restaurants, upscale shopping, and live music venues. Positioned at $2.75 million, the price per square foot reflects the premium placement within Austin's most coveted high-rise market, substantially above the downtown median. MoPac accessibility one mile away ensures convenient connection to greater Austin while maintaining direct engagement with the city's vibrant core.

Agent Description

Perched on the 32nd floor and overlooking the Capitol View Corridor—one of the city’s most protected vantage points-this highly sought-after floorplan boasts panoramic views of Downtown and Lady Bird Lake. With 3-bedrooms and 3-bathrooms the residence includes an additional study/flex space and two private, covered terraces perfect for soaking in the cityscape. Floor-to-ceiling windows frame the city skyline and flood the home with natural light. Luxury finishes include wide-plank hardwood flooring, marble bathrooms, a premium Miele appliance package, motorized window shades, and custom closet built-ins. Nestled in the vibrant Market District, Fifth & West is Austin’s premier boutique high-rise, crafted by renowned architect Michael Hsu. Step outside your front door and into the heart of Austin’s best culture—award-winning restaurants, upscale shopping, live music venues, nightlife, and entertainment are all just steps away. With MoPac just one mile away and the Central Business District nearby, connectivity and convenience are second to none. Enjoy two premium, reserved parking spaces with urban storage container world-class building amenities: 24-hour concierge service, a resort-style pool, resident portico with fire pit, multiple elegant lounge areas, two fully furnished guest suites, a cutting-edge fitness center, a private meeting room, and a beautifully appointed pet park with an adjacent indoor lounge and coffee bar. The controlled-access parking garage ensures peace of mind. Welcome to refined urban living in one of Austin’s most iconic residences. Tax and assessed values are estimates for illustration purposes only. All figures should be independently verified.

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 $1093/sqft, this listing is priced 43% above the Downtown Austin median of $766/sqft.

Property Details

Listing data last updated: May 19, 2026

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