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ActiveMLS #2663963

507 Sabine ST # 404, Austin TX 78701

Austin, TX 78701 · Sabine On 05 Residential Condo

Condominium for sale in Sabine On 05 Residential Condo

1Bedrooms
1Bathrooms
728Square Ft
0.00Acres
1Garage
2007Year Built
Price Reduced
1 / 13
$249,900$264,900
3D tour

Overview

Property Description

Welcome to 5th on Sabine, tucked away in the heart of downtown just half a block south of historic 6th St. This stylish condo boasts high ceilings and a seamless flow that enhances its spaciousness. The open living room and kitchen invite you in with expansive, westward-facing views of the ever-expanding Austin skyline and iconic landmarks—including the Texas State Capitol, Frost Bank Tower, and The Waterline (the tallest building in the Southern United States). The bathroom has been tastefully updated with a large shower featuring two showerheads. The bedroom is ample sized and receives natural light from the living area. Upon exiting the lobby, you are just minutes from vibrant entertainment districts offering an abundance of dining options, dive bars, cocktail lounges, UT sporting events, and endless live music. For those who lead an active lifestyle, you are steps away from the 10-mile Ann and Roy Butler Hike-and-Bike Trail, yoga studios, and downtown gyms. As a major perk, residents of 5th on Sabine can opt-in to receive membership access to The Skyline & Health Club at the Hilton Hotel on 4th St—just a five-minute walk away. Elite amenities include a pool, 24-hour gym, spa, sauna, hot tub, and locker rooms. Major infrastructure projects are also in extremely close proximity, creating long-term value. These include the "Old 6th" initiative, which preserves 31 historic buildings while adding new restaurants and retail; the Waterloo Greenway, a 1.5-mile park system spanning from 15th St to Lady Bird Lake right next to the building; and the upcoming, state-of-the-art Austin Convention Center. Rounding out this incredible package, one assigned parking spot, which is included in monthly HOA fee, is located in the adjacent Hilton Garden Inn garage, easily accessible via a convenient second-floor walkway. Come check out 5th on Sabine to experience value-driven, premier downtown living! Buyer and buyer's agent to verify all information.

Financial Info
Price
$249,900
$ / Sqft
$343
HOA
Yes - Mandatory / $582.87 / Monthly
HOA Name
Sabine on 5th
HOA Includes
Cable TV, Common Area Maintenance
Tax Rate
2.28%
Est. Taxes
$7,605.52
Tax Year
2023
Exemptions
Homestead
Legal Info
Address
507 Sabine ST # 404
County
Travis
City
Austin
State
TX
Zip
78701
Subdivision
Sabine On 05 Residential Condo
Legal Description
UNT 404 SABINE ON FIFTH RESIDENTIAL CONDOMINIUM AMENDED THE PLUS .7524 % INT IN COM AREA
Parcel
02060422160000
Interior Features
Floor
Laminate
Num Living
1
Dining
0
Kitchen
Pantry
Appliances
Dishwasher, Microwave, Oven, Electric Oven, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer, Electric Water Heater
Laundry
Inside, Laundry Closet
Master Bed
Primary Bedroom on Main, Walk-In Closet(s)
Master Main
Yes
Interior Features
Ceiling Fan(s), High Ceilings, Quartz Counters, High Speed Internet, No Interior Steps, Open Floorplan, Pantry, Primary Bedroom on Main, Recessed Lighting, Smart Thermostat, Stackable W/D Connections, Walk-In Closet(s), Washer Hookup, Key Card Entry, Smoke Detector(s), Double Pane Windows, Vinyl Windows
General Info
Beds
1 Total / 1 Main Level
Full / Half Baths
1 / 0
Prop Type
Residential
Property Type
Condominium
Stories
1
Year Built
2007 / Resale
Square Feet
728 / Public Records
Garages
1
Garage Desc
Assigned, Garage, Gated
Foundation
Brick/Mortar
Roof
Elastomeric
Construction
Brick, Concrete, ICFs (Insulated Concrete Forms), Masonry – All Sides
Acres
0.00
Lot Description
City Lot, Public Maintained Road, Trees-Moderate
Restrictions
See Remarks
Flood Plain
No
View
City, City Lights, Downtown
Water Access
No
Waterfront
No
Area
DT
Utility Info
Water
Public
Sewer
Public Sewer
Utilities
Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Heat
Central
A C
Central Air
Exterior Features
Fence
None
Exterior Features
Balcony, Exterior Steps, Lighting, Private Entrance, Restricted Access, None
Pool On Property
Community
Area Amenities
See Remarks

Price history

Members only
Days on market
−$15,000 (−5.7%)
$264,900 → $249,900
1
Price reduction
Active
Since Jul 3, 2026
Price trend
List priceJul 2026Sep 2026
Property history2 events
DateEventPriceChange
Sep 17, 2026Price Decrease$249,900−$15,000 (−5.7%)
Jul 3, 2026New Listing

Taxes

Tax data isn’t available for this property’s county yet.

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 $249,900
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

$2,106 / mo

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

Estimated monthly payment $2,106

Principal & interest
$1,264
Property taxes
$634
Homeowners insurance
$208

*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$199,920$2,235$12,929$197,685
2$197,685$2,384$12,779$195,301
3$195,301$2,544$12,620$192,757
4$192,757$2,714$12,449$190,043
5$190,043$2,896$12,268$187,147
6$187,147$3,090$12,074$184,057
7$184,057$3,297$11,867$180,760
8$180,760$3,518$11,646$177,242
9$177,242$3,753$11,410$173,489
10$173,489$4,005$11,159$169,484
  • Year 1$197,685
    Principal paid
    $2,235
    Interest paid
    $12,929
    Starting balance
    $199,920
  • Year 2$195,301
    Principal paid
    $2,384
    Interest paid
    $12,779
    Starting balance
    $197,685
  • Year 3$192,757
    Principal paid
    $2,544
    Interest paid
    $12,620
    Starting balance
    $195,301
  • Year 4$190,043
    Principal paid
    $2,714
    Interest paid
    $12,449
    Starting balance
    $192,757
  • Year 5$187,147
    Principal paid
    $2,896
    Interest paid
    $12,268
    Starting balance
    $190,043
  • Year 6$184,057
    Principal paid
    $3,090
    Interest paid
    $12,074
    Starting balance
    $187,147
  • Year 7$180,760
    Principal paid
    $3,297
    Interest paid
    $11,867
    Starting balance
    $184,057
  • Year 8$177,242
    Principal paid
    $3,518
    Interest paid
    $11,646
    Starting balance
    $180,760
  • Year 9$173,489
    Principal paid
    $3,753
    Interest paid
    $11,410
    Starting balance
    $177,242
  • Year 10$169,484
    Principal paid
    $4,005
    Interest paid
    $11,159
    Starting balance
    $173,489
First 10 of 30 years

Nearby

Courtesy of ERA Brokers Consolidated · (512) 868-0403

Listings courtesy of ACTRIS as distributed by MLS GRID.