Austin · Sabine On 05 Residential Condo
$498,500
Reduced from $690,000
· −27.8%
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-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
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 (2026)
Listing
- First listed
- Jun 20, 2024
- Days listed
- 855
- 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
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
Interested in this home?
More homes like this
Similar listings nearby
$389,000
605 E 55th St #4, Austin
Listed by Serhant Texas, LLC
$389,000
605 E 55th St #6, Austin
Listed by Serhant Texas, LLC
$600,000
7623 Amanda Ellis Way, Austin
Listed by Real Broker, LLC
$389,000
605 E 55th St #5, Austin
Listed by Serhant Texas, LLC
$499,000
11212 Fletcher Hall Ln, Austin
Listed by Mary Fields Realty
$399,999
2706 Currant Cv, Austin
Listed by Kifer Sparks Agency
$399,500
4802 Carsonhill Dr, Austin
Listed by Texas Urban PM
$539,000
5607 Berkman Dr, Austin
Listed by eXp Realty, LLC
