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Austin · Sabine On 05 Residential Condo

$539,000 687 days on market

Reduced from $690,000 · −21.9%

507 Sabine St #605, Austin, TX 78701

  • 2bedrooms
  • 2bathrooms
  • 1,456sqft
  • 0.01acres
  • 2007year built

About this home

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 building is at leasing capacity for immediate leasing by the new owner. 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. This amazing 2BD/2BA condo on the 6th floor of Sabine on 5th offers a prime opportunity to secure a spacious 1,456 sqft residence with spectacular SW views of the sunset setting behind the Frost tower. When you’re not out enjoying the vast array of local eateries, the sizable contemporary kitchen is ready for you to whip up your favorite culinary delights with sleek quartz countertops and SS appliances. The unit boasts one of the building’s largest primary suites, complete with a luxury ensuite bath and plenty of space for a seating or desk area. A luminous second bedroom also provides an ensuite bath accessible from the hallway for guests. Refreshing polished concrete floors throughout add a touch of modern sophistication. 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

Property

Type
Condominium
Levels
One
Year built
2007
Lot size
0.01 acres
Subdivision
Sabine On 05 Residential Condo
MLS #
ACT9240122

Inside

Bedrooms
2
Bathrooms
2
Living area
1,456 sqft

Outside / parking

Garage spaces
2

Schools

Elementary
Mathews
High school
Austin
District
Austin ISD

Costs

HOA
$1,166 / monthly
Est. annual taxes
$10,812 (2025)

Listing

First listed
Jun 20, 2024
Days listed
687
Original price
$690,000
Status
Active

Listed by Alicia Kelley Leschber, Compass RE Texas, LLC · [email protected] · MLS# ACT9240122 · Active

Estimate your monthly payment

Loan

Down payment
%
0%10%20%30%40%50%
Loan term
Interest rate (%)
3%5%7%9%

Yearly costs

Monthly payment

$0

Total monthly

Principal & interest
$0
Property tax
$0
Insurance
$0
HOA
$0
Loan amount
$0

Estimate only. Tax / insurance defaults are typical Texas figures; your actual numbers will vary. Talk with a lender for a real quote — I can refer you to one I trust.

Where this home sits

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