507 Sabine ST # 401, Austin TX 78701

Austin, TX 78701 | Sabine | Built by Sabine Residences, LP

Ed's Opinion of Value

$566,625 Ed's Estimate: $908,901 $1,500,000
Lowest Comp Recommended List: $610,000 to $620,000 Highest Comp
Based on what similar homes have actually sold for within a mile, I'd place this property's value at $908,901. I'd recommend coming to market at $610,000 to $620,000 to strike the right balance between value and market velocity. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in SABINE. The active market in SABINE includes 7 comparable homes priced from $550,000 to $2,495,000. The trend in 78701 shows prices have fallen 22.9% in the past 6 months. 800 W 5th ST # 1001, Austin TX 78703 nearby adjusts to $720,271; a strong comparable. Based on 7 relevant data points in SABINE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX
2 Beds
2 Baths 2 Full
1,461 Sq Ft
2007 Built
2 Garage

About This Property

YOU CAN BUY THIS $627K home for the same payment as a $525K home. UPGRADE into this Home. SELLER FINANCING AVAILABLE with MUCH lower than market rates. Buyer can get a rate in the mid 4’s to mid 5’s depending on down payment, and SAVE $26K in closing costs. MINIMUM of 20% down and Buyer must get pre-approved with Leahy Lending for seller financing consideration. NO formal underwriting, MUCH lower closing costs, NO discount points, close as fast as 10 days – Experience how lending should be done. Step into a slice of modern elegance in the center of downtown Austin with this stunning 2 bed, 2 bath corner unit at the iconic Sabine on 5th. Perched on the 4th floor, this residence boasts a wrap-around balcony that offers breathtaking panoramic views of the Capitol and Austin's vibrant skyline – your own private front-row seat to the city. As one of the '01 stack, this unit boasts the most desired layout and views in the building. Upon entering, you'll be greeted by the fresh and inviting ambiance of this recently updated home. New interior paint sets a sophisticated tone, while brand-new wood flooring adds warmth and style throughout the bedrooms. The kitchen is a chef's wonder with new cabinets, sleek countertops, a shiny new stove, and a modern kitchen sink that makes meal prep a delight. Custom-built closets provide ample storage. The true showstoppers of this condo are the expansive walls of windows that frame the skyline views from every angle. Located at 5th & Sabine, you'll enjoy unparalleled access to Austin's eclectic mix of dining, entertainment, and cultural hotspots, like the Comedy Mothership and Paramount Theatre. Stroll to nearby shopping at Whole Foods or Target, and trails to parks, including access to Lady Bird Lake, not to mention the local dining and nightlife scenes east and west. The airport is only a 10 minute ride away. Discover the perfect blend of contemporary updates and unbeatable location – this is downtown living at its finest.

Features

  • Breakfast Bar
  • Ceiling Fan(s)
  • High Ceilings
  • Quartz Counters
  • Double Vanity
  • No Interior Steps
  • Open Floorplan
  • Primary Bedroom on Main
  • Recessed Lighting
  • Storage
  • Walk-In Closet(s)

Location

Schools

School District Austin ISD
Elementary Mathews
Middle School O Henry
High School Austin

Property Details

Property Type Residential
Flooring Tile, Vinyl
Cooling Central Air
Heating Central
Exterior Balcony, Exterior Steps, Lighting, Private Entrance, Restricted Access
County Travis
MLS # 2672072
Garage 2 spaces

HOA & Community

HOA Fee $1,313 /Monthly
HOA Includes Common Area Maintenance, Landscaping, Maintenance Structure, Trash

Listing History

MLS# 2672072 130 days (129 CDOM)
Jan 24, 2025 Off Market
Nov 21, 2024 Price Change $627,000
Jul 26, 2024 Listed $675,000

Frequently Asked Questions About 507 Sabine ST # 401, Austin TX 78701

When was 507 Sabine ST # 401, Austin TX 78701 built?

507 Sabine ST # 401, Austin TX 78701 was built in 2007.

How much does 507 Sabine ST # 401, Austin TX 78701 cost?

507 Sabine ST # 401, Austin TX 78701 sold on January 24, 2025. Contact us for sale price details.

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