5 Fifty Five
555 E 5th St, Austin, TX 78701
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About 5 Fifty Five
5 Fifty Five is a contemporary high-rise condominium building offering modern urban residences at the eastern edge of downtown Austin, near the Convention Center and Waller Creek corridor. The building features a bold architectural presence with clean lines and high-quality materials throughout. Its floor plans emphasize open living with generous natural light and thoughtful storage solutions.
Amenities
Neighborhood
5 Fifty Five is positioned on East 5th Street near the Waller Creek redevelopment zone, an area undergoing a dramatic transformation into a world-class urban park and mixed-use corridor. The Convention Center, Rainey Street, and the 6th Street entertainment district are all within easy walking distance. The building bridges downtown's established core and the emerging East Side, offering residents the best of both worlds.
Quick Facts
Floor Plans
5 Fifty Five Floor Plans
Contact Jacob for detailed floor plans, availability, and pricing for 5 Fifty Five.
Request Floor PlansWhat the numbers show at 5 Fifty Five, based on closed sales.
At 5 Fifty Five, closed condo sales over the trailing 12 months ran a median of $539/SF, with HOA dues around $0.84/SF. 4 sales closed in that span, and 6 units are listed for sale now. The median unit sold in about 94 days. That works out to roughly 18.0 months of supply — a buyer's market.
Median $/SF
$539
HOA $/SF
$0.84
Closed
4
Active now
6
Median Days on Market
94 days
Months Supply
18.0
Buyer's market
These are the headline numbers. The real story is in the details: which floors and views move the price, the finishes, and how a specific unit stacks up. Let's dig in together.
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As Seen In Field Notes
- Downtown Austin Condo Market Report: June 2026Read →
Downtown recorded 29 condo closings in June. Pricing on the rolling 12-month line is still soft, down 4.2% from a year ago.
- Downtown Austin Condo Market Report: May 2026Read →
Downtown recorded 21 condo closings in May. Pricing on the rolling 12-month line is still soft, down 7.0% from a year ago.
- Downtown Austin Condo Market Report: April 2026Read →
Downtown condo prices kept softening in April, but buyers showed up. 29 closings is up 70% year-over-year. After more than a year of sellers pricing where they wished the market was, April looks like the month buyers and sellers finally met in the middle.
- Downtown Austin Condo Market Report: March 2026Read →
As of March 2026, buyer activity is picking up with pending contracts up 88.9% year-over-year. Closings remained consistent with the broader pricing trend.
- Downtown Austin Condo Market Report: February 2026Read →
As of February 2026, buyer activity is picking up with pending contracts up 68.4% year-over-year. Recent closings came in above the rolling 12-month trend, suggesting the longer downtrend may be losing momentum.
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