Mr. Home Search
ActiveMLS #9240122

507 Sabine ST # 605, Austin TX 78701

Austin, TX 78701 · Sabine On 05 Residential Condo

Condominium for sale in Sabine On 05 Residential Condo

2Bedrooms
2Bathrooms
1,456Square Ft
0.01Acres
2Garage
2007Year Built
Price Reduced
1 / 33
$498,500$690,000
3D tour

Overview

Property Description

MAXIMIZE YOUR BUYING POWER with exclusive seller financing! Well-qualified buyers can lock in rates from the mid-4’s to mid-5’s, depending on down payment, and save up to $14K in closing costs. Minimum 20% down payment. All buyers must be pre-approved through Preferred Lender to be considered. No formal underwriting, no discount points, close in as little as 14 days. No Short Term Rentals Allowed per HOA. $250.02 of the HOA fee is for 2 parking spots. They can be rented out to other residents. The unit can be leased after owning it for 24 months. Sabine on Fifth is a DISTINCTIVE adaptation of a commercial building, originally constructed in 1980 and thoughtfully converted into residences in 2007. Experience ultimate downtown living in this stunning 6th-floor high-rise condo. The light-filled, open-concept floor plan showcases spectacular views down 5th Street through dramatic, oversized arching windows complete with custom window seats. Perfect for entertaining, the gourmet kitchen boasts a massive quartz peninsula with seating for five, premium stainless steel appliances, a wine fridge, and modern chic pendant lighting. The expansive primary suite features jaw-dropping city vistas and a spa-like ensuite bath with a separate soaking tub and a large glass-enclosed shower. High ceilings, polished concrete floors, and a private secondary suite complete this sophisticated urban oasis. This unit provides the added convenience of two reserved garage parking spaces at the adjacent Hilton Garden Inn with covered mezzanine access to the Sabine elevator that takes you to the 6th floor. Residents of Sabine on 5th Street can also join The Hilton’s Skyline Spa & Health Club for a low monthly fee, offering access to the 24-hour fitness center, saltwater pool, hot tub, and saunas. Virtual Tour: https://www.youtube.com/watch?v=eiOCOMqbaB0

Financial Info
Price
$498,500
$ / Sqft
$342
HOA
Yes - Mandatory / $1,165.74 / Monthly
HOA Name
Sabine Master Condo
HOA Includes
Common Area Maintenance, Insurance, Landscaping, Maintenance Structure, Parking, Security
Tax Rate
1.8092%
Est. Taxes
$10,812.03
Tax Year
2025
Exemptions
None
Legal Info
Address
507 Sabine ST # 605
County
Travis
City
Austin
State
TX
Zip
78701
Subdivision
Sabine On 05 Residential Condo
Legal Description
UNT 605 SABINE ON FIFTH RESIDENTIAL CONDOMINIUM AMENDED THE PLUS 1.5049 % INT IN COM AREA
Parcel
02060422370000
Interior Features
Floor
Concrete
Num Living
1
Dining
1
Kitchen
Breakfast Bar
Appliances
Dishwasher, Disposal, Electric Range, Exhaust Fan, Microwave, Electric Oven, Refrigerator, Stainless Steel Appliance(s), Wine Refrigerator
Laundry
In Unit, Laundry Closet
Master Bed
Primary Bedroom on Main
Master Main
Yes
Interior Features
Breakfast Bar, Ceiling Fan(s), High Ceilings, Chandelier, Quartz Counters, No Interior Steps, Open Floorplan, Primary Bedroom on Main, Recessed Lighting, Fire Alarm, Smoke Detector(s), See Remarks
General Info
Beds
2 Total / 2 Main Level
Full / Half Baths
2 / 0
Prop Type
Residential
Property Type
Condominium
Stories
1
Year Built
2007 / Resale
Square Feet
1,456 / Public Records
Garages
2
Garage Desc
Garage, Reserved, See Remarks
Foundation
Slab
Roof
Membrane
Construction
Masonry – All Sides
Acres
0.01
Lot Description
Curbs, Public Maintained Road, Views
Restrictions
Deed Restrictions
Flood Plain
No
View
City, City Lights, Downtown, Skyline
Water Access
No
Waterfront
No
Area
DT
Utility Info
Water
Public
Sewer
Public Sewer
Utilities
Cable Available, Electricity Available, Internet-Cable, Sewer Available, Water Available
Heat
Central
A C
Central Air
Exterior Features
Fence
None
Exterior Features
Lighting, None
Pool On Property
No
Area Amenities
Cluster Mailbox, Concierge, Curbs, Sidewalks, Street Lights

Rooms

Rooms7 rooms

Main level

  • Bathroom

    Spacious ensuite bathroom for the secondary bedroom with access from the hallway as well; Spacious vanity; Shower/tub combo with tile backsplash & frameless glass shield

    Quartz Counters, Full Bath, High Ceilings, See Remarks

  • Primary Bedroom

    Amazing oversized primary suite; Modern light fixture; Arching picture window with city views and a window seat; Private ensuite bath

    High Ceilings, See Remarks

  • Living Room

    Open concept living & dining; Phenomenal SW views down 5th street through gorgeous oversized arching windows lined with window seats (amazing sunset views); Polished concerte floors

    Chandelier, High Ceilings, Recessed Lighting, See Remarks

  • Bedroom

    Sizable secondary bedroom; Arching picture widow with city views and a window seat

    Ceiling Fan(s), High Ceilings, See Remarks

  • Laundry

    Laundry closet off the kitchen

    Electric Dryer Hookup, See Remarks, Washer Hookup

  • Primary Bathroom

    Modern primary ensuite bath; Large glass-enclosed walk-in shower with tile surround; Separate tun with tile surround; Karge arching picture window with city views

    Quartz Counters, Full Bath, High Ceilings, See Remarks, Separate Shower, Soaking Tub, Walk-in Shower

  • Kitchen

    Large kitchen peninsula lined with bar seating for 4-5; SS appliances (all convey); Plentiful cabinetry with tall under-lit upper cabinets; Chic tile backsplash; Pendant lighting over the peninsula; Wine fridge

    Breakfast Bar, Quartz Counters, High Ceilings, Open to Family Room, Recessed Lighting, See Remarks

Price history

Members only
Days on market
−$191,500 (−27.8%)
$690,000 → $498,500
9
Price reductions
Active
Since Jun 20, 2024
Price trend
List priceJun 2024Aug 2026
Property history14 events
DateEventPriceChange
Aug 23, 2026Price Decrease$498,500−$40,498 (−7.5%)
Jul 24, 2026Price Decrease$538,998−$1 (−0%)
Jun 25, 2026Price Decrease$538,999−$1 (−0%)
Jan 2, 2026Price Decrease$539,000−$11,000 (−2%)
Jan 2, 2026Back On Market
Dec 26, 2025Active Under Contract
Sep 1, 2025Price Decrease$550,000−$48,499 (−8.1%)
Aug 2, 2025Price Decrease$598,499−$1 (−0%)
May 2, 2025Price Decrease$598,500−$36,500 (−5.7%)
Feb 17, 2025Price Decrease$635,000−$45,000 (−6.6%)
Aug 23, 2024Price Decrease$680,000−$10,000 (−1.4%)
Jul 30, 2024Back On Market
Jul 17, 2024Hold
Jun 20, 2024New 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 $498,500
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

$3,837 / mo

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

Estimated monthly payment $3,837

Principal & interest
$2,521
Property taxes
$901
Homeowners insurance
$415

*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$398,800$4,457$25,791$394,343
2$394,343$4,756$25,492$389,586
3$389,586$5,075$25,174$384,512
4$384,512$5,414$24,834$379,098
5$379,098$5,777$24,471$373,321
6$373,321$6,164$24,084$367,157
7$367,157$6,577$23,672$360,580
8$360,580$7,017$23,231$353,563
9$353,563$7,487$22,761$346,076
10$346,076$7,989$22,260$338,087
  • Year 1$394,343
    Principal paid
    $4,457
    Interest paid
    $25,791
    Starting balance
    $398,800
  • Year 2$389,586
    Principal paid
    $4,756
    Interest paid
    $25,492
    Starting balance
    $394,343
  • Year 3$384,512
    Principal paid
    $5,075
    Interest paid
    $25,174
    Starting balance
    $389,586
  • Year 4$379,098
    Principal paid
    $5,414
    Interest paid
    $24,834
    Starting balance
    $384,512
  • Year 5$373,321
    Principal paid
    $5,777
    Interest paid
    $24,471
    Starting balance
    $379,098
  • Year 6$367,157
    Principal paid
    $6,164
    Interest paid
    $24,084
    Starting balance
    $373,321
  • Year 7$360,580
    Principal paid
    $6,577
    Interest paid
    $23,672
    Starting balance
    $367,157
  • Year 8$353,563
    Principal paid
    $7,017
    Interest paid
    $23,231
    Starting balance
    $360,580
  • Year 9$346,076
    Principal paid
    $7,487
    Interest paid
    $22,761
    Starting balance
    $353,563
  • Year 10$338,087
    Principal paid
    $7,989
    Interest paid
    $22,260
    Starting balance
    $346,076
First 10 of 30 years

Nearby

Courtesy of Compass RE Texas, LLC · (512) 575-3644

Listings courtesy of ACTRIS as distributed by MLS GRID.