507 Sabine ST # 404, Austin TX 78701
Austin, TX 78701 · Sabine On 05 Residential Condo
Condominium for sale in Sabine On 05 Residential Condo
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
| Date | Event | Price | Change |
|---|---|---|---|
| Sep 17, 2026 | Price Decrease | $249,900−$15,000 (−5.7%) | −$15,000 (−5.7%) |
| Jul 3, 2026 | New Listing | — |
Taxes
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
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.
| Year | Starting balance | Principal paid | Interest paid | Ending balance | Principal 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
Nearby
Courtesy of ERA Brokers Consolidated · (512) 868-0403
Listings courtesy of ACTRIS as distributed by MLS GRID.