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ActiveMLS #2827486

555 E 5th ST # 3007, Austin TX 78701

Austin, TX 78701 · Five Fifty 05 Condo Amd

Condominium for sale in Five Fifty 05 Condo Amd

2Bedrooms
2 full / 1 halfBathrooms
2,131Square Ft
0.01Acres
2Garage
2004Year Built
Price Reduced
1 / 38
$1,395,000$1,500,000

Overview

Property Description

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.

Financial Info
Price
$1,395,000
$ / Sqft
$655
HOA
Yes - Mandatory / $1,773.38 / Monthly
HOA Name
555 HOA
HOA Includes
See Remarks
Tax Rate
2.046485%
Est. Taxes
$17,599.77
Tax Year
2026
Exemptions
Homestead, Over 65
Legal Info
Address
555 E 5th ST # 3007
County
Travis
City
Austin
State
TX
Zip
78701
Subdivision
Five Fifty 05 Condo Amd
Legal Description
Unt 3007 Five Fifty Five Condominiums Amended Plus .2933 % Int In Com Area
Parcel
02040420960000
Interior Features
Floor
Carpet, Tile, Wood
Num Living
1
Dining
1
Kitchen
Breakfast Bar, Kitchen Island
Appliances
Dishwasher, Disposal, Exhaust Fan, Microwave, Double Oven, Refrigerator
Laundry
In Unit, Laundry Room
Master Bed
Double Vanity, Primary Bedroom on Main, Walk-In Closet(s)
Master Main
Yes
Fireplace Description
None
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), 24 Hour Security, Carbon Monoxide Detector(s), Fire Alarm, Smoke Detector(s), Window Treatments
General Info
Beds
2 Total / 2 Main Level
Full / Half Baths
2 / 1
Prop Type
Residential
Property Type
Condominium
Stories
1
Year Built
2004 / Resale
Square Feet
2,131 / Public Records
Garages
2
Garage Desc
Assigned, Garage, Reserved, Secured
Foundation
See Remarks
Roof
See Remarks
Construction
Masonry – All Sides
Acres
0.01
Lot Description
None
Restrictions
Deed Restrictions, Development Type
Flood Plain
No
View
City, Panoramic
Water Access
No
Waterfront
No
Area
DT
Utility Info
Water
Public
Sewer
Public Sewer
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Heat
Central
A C
Central Air
Exterior Features
Fence
None
Exterior Features
Balcony, Covered, Terrace
Pool On Property
Yes
Area Amenities
Concierge, Fitness Center, Garage Parking, Pool, Room Service, VALET

Price history

Days on market
−$105,000 (−7%)
$1,500,000 → $1,395,000
1
Price reduction
Active
Since Sep 1, 2026
Price trend
List priceSep 2026 → Oct 2026
Property history2 events
DateEventPriceChange
Oct 28, 2026Price Decrease$1,395,000−$105,000 (−7%)
Sep 1, 2026New Listing

Taxes

2026 Estimated Property Taxes

TCAD account 703633

Uses rates from the supplied 2026 TCAD package. The file does not identify adopted or proposed status.

2026 taxing entities, rates per $100, taxable values and estimated taxes
Taxing EntityRate per $100Taxable ValueEstimated Tax
AUSTIN COMM COLL DIST0.103400$776,400$802.80
AUSTIN ISDTax ceiling applied0.925200$635,000$3,972.09
CITY OF AUSTIN0.524017$484,000$2,536.24
TRAVIS COUNTY0.375845$542,731$2,039.83
TRAVIS COUNTY HEALTHCARE DISTRICT0.118023$491,000$579.49
Ordinary property tax estimate2.046485$9,930.45

Informational estimate, not a tax bill or taxes paid. Exemptions and tax ceilings can make taxes differ from the combined rate multiplied by one taxable value. PID assessments and other special charges are excluded; collector coverage has not been established.

Source: Travis County

General Information
Owner
MARTELL RONALD & MARY J
Legal
UNT 3007 FIVE FIFTY FIVE CONDOMINIUMS AMENDED PLUS .2933 % INT IN COM AREA
Geo ID
prop:703633
Acreage
0.01
Exemptions
Exemption Type
Homestead, Over 65
Tax Summary
MLS estimated annual taxes
$17,599.77
MLS tax year
2026
Historical Tax Summary

Older years use the legacy CAD source and may differ from final bills. Annual estimates appear only when supplied by that source; rates and taxes paid are not included in these appraisal records.

YearLandImprovementsMarketAssessedAnnual Tax Estimate
2025$111,710$872,441$984,151$984,151—

Source: Travis County

Schools

School Info
District
Austin ISD
Elementary
Mathews
Middle
O Henry
High
Austin

Maps

Financing

Your preferences

  • 20% down
  • Conv/Jumbo
  • 30 years
  • 6.50% rate

Saved on this device

List price $1,395,000
Down payment
Stays 20% if you change the price
Note rate, not APR
From this listing’s tax record
*Estimated only (1% of price / yr)

Estimated monthly payment

$9,684 / mo

20% down · 6.50% interest · 30-year fixed

Estimated monthly payment $9,684

Principal & interest
$7,054
Property taxes
$1,467
Homeowners insurance
$1,163

*PITI only

These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal vs interest
1$1,116,000$12,474$72,173$1,103,526
2$1,103,526$13,309$71,337$1,090,217
3$1,090,217$14,201$70,446$1,076,016
4$1,076,016$15,152$69,495$1,060,865
5$1,060,865$16,166$68,480$1,044,699
6$1,044,699$17,249$67,398$1,027,449
7$1,027,449$18,404$66,242$1,009,045
8$1,009,045$19,637$65,010$989,409
9$989,409$20,952$63,695$968,457
10$968,457$22,355$62,291$946,102
  • Year 1$1,103,526
    Principal paid
    $12,474
    Interest paid
    $72,173
    Starting balance
    $1,116,000
  • Year 2$1,090,217
    Principal paid
    $13,309
    Interest paid
    $71,337
    Starting balance
    $1,103,526
  • Year 3$1,076,016
    Principal paid
    $14,201
    Interest paid
    $70,446
    Starting balance
    $1,090,217
  • Year 4$1,060,865
    Principal paid
    $15,152
    Interest paid
    $69,495
    Starting balance
    $1,076,016
  • Year 5$1,044,699
    Principal paid
    $16,166
    Interest paid
    $68,480
    Starting balance
    $1,060,865
  • Year 6$1,027,449
    Principal paid
    $17,249
    Interest paid
    $67,398
    Starting balance
    $1,044,699
  • Year 7$1,009,045
    Principal paid
    $18,404
    Interest paid
    $66,242
    Starting balance
    $1,027,449
  • Year 8$989,409
    Principal paid
    $19,637
    Interest paid
    $65,010
    Starting balance
    $1,009,045
  • Year 9$968,457
    Principal paid
    $20,952
    Interest paid
    $63,695
    Starting balance
    $989,409
  • Year 10$946,102
    Principal paid
    $22,355
    Interest paid
    $62,291
    Starting balance
    $968,457
First 10 of 30 years

Nearby

Courtesy of Moreland Properties · (512) 480-0848

Listings courtesy of ACTRIS as distributed by MLS GRID.