5th & West
501 West Ave, Austin, TX 78701
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About 5th & West
5th & West is an intimate high-rise condominium community offering loft-style living with a boutique sensibility in the heart of the West Avenue corridor. The building features clean modern lines, generous floor plans with soaring ceilings, and private balconies with downtown views. Its smaller scale creates a close-knit community atmosphere that sets it apart from the surrounding high-rises.
Amenities
Neighborhood
Nestled along the West Avenue corridor, 5th & West is within walking distance of the Whole Foods flagship store, Shoal Creek Greenbelt, and the eclectic shops and restaurants of Clarksville and the Warehouse District. The location provides easy access to MoPac Expressway and Lady Bird Lake's trail system, making it ideal for active urban living.
Learn more about the Market District →Quick Facts
Floor Plans at 5th & West
One Bedroom Floor Plans
| Floor Plan | # Bed | # Bath | SQ FT (Int.) |
|---|---|---|---|
| 1 | 1 | 652 | |
| 1 | 1 | 846 | |
| 1 | 1.5 | 846 | |
| 1 | 1.5 | 930 |
Two Bedroom Floor Plans
| Floor Plan | # Bed | # Bath | SQ FT (Int.) |
|---|---|---|---|
| 2 | 2 | 1,327 | |
| 2 | 2 | 1,587 | |
| 2 | 2.5 | 1,759 |
Three Bedroom Floor Plans
| Floor Plan | # Bed | # Bath | SQ FT (Int.) |
|---|---|---|---|
| 3 | 3 | 2,009 | |
| 3 | 3 | 2,517 | |
| 3 | 3.5 | 2,822 | |
| 3 | 3.5 | 2,849 |
4 Bedroom Floor Plans
| Floor Plan | # Bed | # Bath | SQ FT (Int.) |
|---|---|---|---|
| 4 | 4.5 | 5,240 |
What the numbers show at 5th & West, based on closed sales.
At 5th & West, closed condo sales over the trailing 12 months ran a median of $721/SF, with HOA dues around $0.90/SF. 11 sales closed in that span, and 7 units are listed for sale now (1 pending). The median unit sold in about 81 days. That works out to roughly 7.6 months of supply — a balanced market.
Median $/SF
$721
HOA $/SF
$0.90
Closed
11
Active now
7
Median Days on Market
81 days
Months Supply
7.6
Balanced 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.
Dive deeper with JacobLoading active listings...
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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