507 Sabine ST # 605, Austin TX 78701
Austin, TX 78701 · Sabine On 05 Residential Condo
Condominium for sale in Sabine On 05 Residential Condo
Overview
Property Description
MAXIMIZE YOUR BUYING POWER with exclusive seller financing! Well-qualified buyers can lock in rates from the mid-4s to mid-5s (depending on down payment) and save up to $14K in closing costs. Enjoy a streamlined process with a 20% minimum down payment, pre-approval through our Preferred Lender, no formal underwriting, no discount points, and a fast close in as little as 14 days. Experience the pinnacle of downtown living in this stunning 6th-floor high-rise condo at Sabine on Fifth—a distinctive 1980 commercial building thoughtfully converted into modern residences in 2007. The light-filled, open-concept floor plan showcases spectacular views down 5th Street through dramatic, oversized arched 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 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 includes the rare convenience of two reserved garage parking spaces at the adjacent Hilton Garden Inn, featuring covered mezzanine access directly to the Sabine elevator. A portion of the HOA fee ($250.02) covers these spots, which can be rented out to other building residents for passive income. Residents can also join the Hilton’s Skyline Spa & Health Club for a low monthly fee to access a 24-hour fitness center, saltwater pool, hot tub, and saunas. Please note: HOA rules prohibit short-term rentals, and long-term leasing is permitted after 24 months of ownership. 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
- 2.04%
- Est. Taxes
- $10,812.03
- Tax Year
- 2026
- 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
Main level
- 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
- 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
- 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
Price history
| Date | Event | Price | Change |
|---|---|---|---|
| Aug 23, 2026 | Price Decrease | $498,500−$40,498 (−7.5%) | −$40,498 (−7.5%) |
| Jul 24, 2026 | Price Decrease | $538,998−$1 (−0%) | −$1 (−0%) |
| Jun 25, 2026 | Price Decrease | $538,999−$1 (−0%) | −$1 (−0%) |
| Jan 2, 2026 | Price Decrease | $539,000−$11,000 (−2%) | −$11,000 (−2%) |
| Jan 2, 2026 | Back On Market | — | |
| Dec 26, 2025 | Active Under Contract | — | |
| Sep 1, 2025 | Price Decrease | $550,000−$48,499 (−8.1%) | −$48,499 (−8.1%) |
| Aug 2, 2025 | Price Decrease | $598,499−$1 (−0%) | −$1 (−0%) |
| May 2, 2025 | Price Decrease | $598,500−$36,500 (−5.7%) | −$36,500 (−5.7%) |
| Feb 17, 2025 | Price Decrease | $635,000−$45,000 (−6.6%) | −$45,000 (−6.6%) |
| Aug 23, 2024 | Price Decrease | $680,000−$10,000 (−1.4%) | −$10,000 (−1.4%) |
| Jul 30, 2024 | Back On Market | — | |
| Jul 17, 2024 | Hold | — | |
| Jun 20, 2024 | New Listing | — |
Taxes
TCAD account 748503
Uses rates from the supplied 2026 TCAD package. The file does not identify adopted or proposed status.
| Taxing Entity | Rate per $100 | Taxable Value | Estimated Tax |
|---|---|---|---|
| AUSTIN COMM COLL DIST | 0.103400 | $495,625 | $512.48 |
| AUSTIN ISD | 0.925200 | $495,625 | $4,585.52 |
| CITY OF AUSTIN | 0.524017 | $495,625 | $2,597.16 |
| TRAVIS COUNTY | 0.375845 | $495,625 | $1,862.78 |
| TRAVIS COUNTY HEALTHCARE DISTRICT | 0.118023 | $495,625 | $584.95 |
| Ordinary property tax estimate | 2.046485 | $10,142.89 |
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
- Owner
- SCAMBILIS ANASTASIOS N & KIMBERLEY
- Legal
- UNT 605 SABINE ON FIFTH RESIDENTIAL CONDOMINIUM AMENDED THE PLUS 1.5049 % INT IN COM AREA
- Geo ID
- prop:748503
- Acreage
- 0.01
- Exemption Type
- None on record
- MLS estimated annual taxes
- $10,812.03
- MLS tax year
- 2026
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.
| Year | Land | Improvements | Market | Assessed | Annual Tax Estimate |
|---|---|---|---|---|---|
| 2025 | $113,500 | $484,114 | $597,614 | $597,614 | — |
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
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.
| Year | Starting balance | Principal paid | Interest paid | Ending balance | Principal 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
Nearby
12 closest listings to 507 Sabine ST # 605, Austin TX 78701 (within 2 miles).
Courtesy of Compass RE Texas, LLC · (512) 575-3644
Listings courtesy of ACTRIS as distributed by MLS GRID.