Active Listing  ·  80 days on market

555 E 5th St #903

Austin, TX 78701
$460,000
1 Bed 1 Bath 1,134 sqft $406/sqft Built 2004 0.00 acres 1-Car Garage Pool Five Fifty 05 Condo Amd

Experience elevated downtown living at 5 Fifty Five Condominiums, Austin’s premier luxury hotel residence located above the Hilton Austin in the heart of vibrant Downtown Austin. This sophisticated residence offers unmatched walkability and convenience just steps from the Austin Convention Center, Rainey Street, Sixth Street entertainment, Lady Bird Lake hike-and-bike trails, acclaimed restaurants, coffee shops, live music venues, and nightlife. Enjoy easy access to I-35, the airport, UT, and Austin’s major employers. Residents benefit from exclusive hotel-style amenities including 24-hour concierge, valet, fitness center, pool, spa, room service, conference facilities, and controlled access. Floor-to-ceiling windows and a private balcony showcase stunning city views while placing you right in the center of Austin’s dynamic urban lifestyle. Ideal for those seeking luxury, convenience, and true lock-and-leave downtown living.

At $406/sqft, this home is priced 4% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

555 E 5th St #903, Austin, TX 78701

Property Details

Price $460,000
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 1,134 sqft
Lot Size 0.00 acres (117.61 sqft)
Year Built 2004
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Five Fifty 05 Condo Amd
County Travis
Zip Code 78701
$/sqft $406/sqft
Days on Market ,
HOA $967.71/Monthly
Annual Tax Est. $9,850.13
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT219797510
List Date June 4, 2026
Elementary School Mathews
Middle School O Henry
High School Austin
School District ,

Luke Allen (TREC #788149) has deep knowledge of Austin and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

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Similar Homes on the Market in Austin

Comparable Listings Right Now

Homes currently for sale in Austin with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
555 E 5th St #521
Five Fifty 05 Condo Amd
$455,000 $365 1 bd / 1 ba 1,245 sqft , 2025-10-08
360 Nueces St #1407
Residential Condo Amd 360
$450,000 $528 1 bd / 1 ba 852 sqft , 2025-11-14
360 Nueces St #3106
Residential Condo Amd 360
$445,000 $595 1 bd / 1 ba 748 sqft , 2026-06-02
1305 E 6th St #13
1305 Lofts A Condo Amd
$475,000 $413 1 bd / 2 ba 1,150 sqft , 2026-05-08
603 Davis St #811
Shore A Condo Amd The
$475,000 $462 1 bd / 1 ba 1,029 sqft , 2026-07-31

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$2,208/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$92,000
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$2,208
Principal + Interest−$2,510
Property Tax (~2.1% TX avg)−$805
Insurance (~0.5%)−$192
Est. Monthly Cash Flow $-1,299

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Austin, TX

Austin sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on July 28, 2026.

📞 (254) 718-2567 [email protected] More about Luke →