tomo logo

$3,275,000

Beds
3
Baths
2.5
sq ft
3,638

555 E 5th St Unit 3022, Austin, TX 78701

555 E 5th St Unit 3022

Austin, TX 78701

  • 5 days on market
Luxury penthouse living in downtown Austin! Located on the 30th floor of 5FiftyFive, this residence offers an exceptional blend of style, comfort, and convenience. One of the largest floor plans in the building, encompassing an impressive 3,638 square feet with 12' ceilings. Step inside to discover panoramic views of downtown Austin showcased through floor-to-ceiling windows from nearly every room. The western exposure floods the home with natural light, highlighting the exquisite details and finishes, and displays one of the best sunsets and views Austin has to offer. The expansive primary suite boasts a generous walk-in closet, providing ample storage and views of the Frost Tower. This spacious residence features an office, three well-appointed bedrooms, two en-suite bathrooms, and a third bathroom for guests. The open-concept living area is perfect for entertaining, seamlessly flowing into the modern kitchen with top-of-the-line appliances including a Wolf 6 burner stove, double oven, and Sub-Zero refrigerator. A dedicated laundry room, and wet bar with a wine refrigerator add to the convenience of this exceptional home. Residents enjoy an array of premium amenities, including a rooftop pool, a resident's lounge for social gatherings, a state-of-the-art gym for fitness enthusiasts, a Top Golf Swing Suite for those who love to perfect their swing, and F45 on-site training. The building offers a high level of service with a concierge and doorman, ensuring a seamless and secure living experience. With redevelopment plans underway to elevate Austin's entertainment district on 6th Street and the Convention Center, take advantage of this rare opportunity to live in what is sure to be one of the most desirable locations in Austin. Schedule a viewing today and experience the perfect blend of luxury and convenience!

Details

Property type

Condominium

Est. home value

$3,252,308

Lot size

392.04 sq ft

Price per sq ft

$901

Year built

2004

Annual property taxes

$38,490

Monthly HOA fee

$2,400

Price History

01/17/2025
Austin

Austin #3392904

Listed
$3,275,000
11/01/2024
Austin

Austin #5226974

Removed
06/06/2024
Austin

Austin #5226974

Price change
$3,275,000
-6.27%

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Mathews

Middle school: 

O Henry

High school: 

Austin

Community features: 

Fitness Center, Pool

High school district: 

Austin ISD

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Quicken Loans Inc

Loan start date

September 2019

Original loan amount

$1,496,150

Est. remaining balance

$1,336,771

Interest rate

3.75%

Loan type

New Conventional, 30 year

Seller

Michael H Moghimi

Lender

Finance Of America Mortgage Llc

Loan start date

January 2019

Original loan amount

$1,500,000

Est. remaining balance

Not provided

Interest rate

4.12%

Loan type

Not Provided, 30 year

Seller

Michael H Moghimi

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/22/2025 at 11:40 PM

Listing updated: 01/18/2025 at 4:08 AM

Listed by: Mike Mogavero, Compass RE Texas, LLC Phone #: (512) 575-3644

MLS: Austin #3392904

Austin logo

Recently listed in Austin

$569,000|3 bd|2.5 ba|House
$299,900|3 bd|2.0 ba|House
$825,000|3 bd|3.0 ba|House
$355,000|3 bd|2.0 ba|House
$498,998|4 bd|3.5 ba|House
$1,308,124|5 bd|6.0 ba|House
$729,000|2 bd|2.5 ba|House