555 E 5th ST #3007, Austin, TX — photo 1
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$1,500,000
2 beds2.5 baths2,131 sqft

555 E 5th ST #3007, Austin TX 78701

MLS #246611980 · Moreland Properties · Trey Phillips

Residential
Built in 2004
0.01 Acres Lot
$704/sqft
HOA $1,773 / monthly

About this home

Set on the 30th floor of 5FiftyFive in the heart of downtown Austin, this exceptional penthouse pairs soaring ceilings with floor-to-ceiling windows and panoramic views spanning the downtown skyline, Texas Capitol, and UT Tower. Updated by renowned interior designer Jay Jeffers, the residence features Italian wood flooring, new designer carpeting, freshly painted walls and cabinetry, custom California Closets throughout, and extensive storage in the primary suite, entry, and utility room. The spacious floor plan includes two bedrooms, two full baths, and one half bath, and expansive living and dining areas. The immaculate kitchen features Wolf and Sub-Zero appliances, including a six-burner gas range and double ovens. Retreat to the private primary suite with a walk-in closet and spa-inspired travertine bath. 5FiftyFive is one of downtown Austin’s premier full-service residential towers, where residents enjoy a private lobby, 24-hour concierge and doorman service, three private elevators, and access to hotel services including room service, restaurants, bars, and valet. Memberships to the Hilton’s spa and pool are included, offering an elevated level of service and convenience rarely found in downtown living. Positioned at the center of Austin’s most dynamic urban districts, the residence is moments from the city’s renowned dining and entertainment scene, with Rainey Street and the Second Street District just a short walk away. With major investment transforming the surrounding area, including the Convention Center redevelopment, East Sixth Street improvements, Waller Creek and Waterloo Greenway, and the I-35 Cap & Stitch, this is a rare opportunity to own a substantial downtown penthouse with exceptional views, generous storage, and two assigned parking spaces plus a storage unit. Tax and assessed values are estimates for illustration purposes only. All figures should be independently verified.

Property details

Property type
Residential · Condominium
Status
Active
Year built
2004
Full baths
2
Half baths
1
Lot size
0.0051
Subdivision
Five Fifty 05 Condo Amd
MLS area
DT
MLS #
246611980

Features

Interior features

  • Breakfast Bar
  • Built-in Features
  • Ceiling Fan(s)
  • High Ceilings
  • Stone Counters
  • Double Vanity
  • Entrance Foyer
  • Kitchen Island
  • No Interior Steps
  • Open Floorplan
  • Primary Bedroom on Main
  • Recessed Lighting
  • Soaking Tub
  • Walk-In Closet(s)

Exterior features

  • Balcony

Additional details

Parking
Assigned, Garage, Reserved, Secured
Garage spaces
2
Roof
See Remarks
Foundation
See Remarks
HOA
$1,773 / monthly
Annual tax
$11,833

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Schools

Assigned schools per the MLS.

School district
Austin ISD
Elementary
Mathews
Middle
O Henry
High
Austin

See Austin ISD schools & boundaries →

Comparable homes near 555 E 5th ST #3007

Similar homes currently for sale nearby, ranked by distance.

Getting around

Downtown Austin
0.3 mi
Austin-Bergstrom Airport
6.3 mi

Straight-line distance, not drive time.

Market insights

Compared with 351 active homes in ZIP 78701 · HomeLocating listings

Area median price
$675,000
This home vs. median
122% above
Homes with a price cut
24%

At $1,500,000, this home is priced 122% above the $675,000 median across 351 active homes in ZIP 78701.

Estimated monthly payment

$10,969/mo
Principal & interest$7,585/mo
Property taxes
Home insurance (est.)
HOA dues

Home price

$1,500,000

Down payment

20% ($300,000)

Loan details

30-yr fixed, 6.50%

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Estimate only, not a lending offer or MLS data. Taxes, insurance, and HOA figures are estimated (see ⓘ above for detail); contact a lender to confirm your exact rate and payment.

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Listing courtesy of Moreland Properties · Trey Phillips

Listing data last updated Oct 2, 2026, 11:46 PM

Information is deemed reliable but not guaranteed and should be independently verified. Listing information is provided for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2026 HomeLocating.com.

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