507 Sabine ST # 605, Austin TX 78701

Austin, TX 78701 | Sabine

$498,500 $342/sqft ▼ $191,500 (27.8%)
2 Beds
2 Baths 2 Full
1,456 Sq Ft
0.0052 Acres
2007 Built
2 Garage

About This Property

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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

Property Highlights

View City, City Lights, Downtown, Skyline

Features

  • Breakfast Bar
  • Ceiling Fan(s)
  • High Ceilings
  • Chandelier
  • Quartz Counters
  • No Interior Steps
  • Open Floorplan
  • Primary Bedroom on Main
  • Recessed Lighting

Location

Schools

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

Property Details

Property Type Residential
Construction Masonry – All Sides
Roof Membrane
Foundation Slab
Levels One
Flooring Concrete
Cooling Central Air
Heating Central
Exterior Lighting
County Travis
MLS # 9240122
Garage 2 spaces
Parking 2 spaces: Garage, Reserved
Security Fire Alarm, Smoke Detector(s)

Lot, Outdoor & Utilities

Lot Features Curbs, Public Maintained Road, Views
Water Public
Sewer Public Sewer
Utilities Cable Available, Electricity Available, Internet-Cable, Sewer Available, Water Available

HOA & Community

HOA Fee $1,166 /Monthly
HOA Name Sabine Master Condo
HOA Includes Common Area Maintenance, Insurance, Landscaping, Maintenance Structure, Parking, Security
Community Features Cluster Mailbox, Concierge, Curbs, Sidewalks, Street Lights

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* Estimate only. Does not include HOA fees, PMI, or other costs.
This property has HOA fees of $1,166/monthly.

Tax Information

Appraised Value History (TCAD)
Year Market Value
2026 $495,625
2025 $597,614
2024 $613,438
2023 $730,770
2022 $741,813
2021 $586,008
2020 $520,000
2019 $520,000
2018 $519,000
2017 $490,727
Taxing Entities Coming soon

Source: Travis Central Appraisal District (TCAD) · Travis County Tax Office

Sale Terms & Disclosures

Financing Accepted Cash, Conventional, Owner May Carry
Sale Type Standard
Possession Close Of Escrow, Funding
Disclosures Seller Disclosure

Listing History

MLS# 9240122 - Updated Oct 13, 2026 821 days
Aug 23, 2026 Price Change $498,500
Jun 20, 2024 Listed Listing Courtesy of Compass RE Texas, LLC - alicia@​aliciasellsaustin.com $690,000

Frequently Asked Questions About 507 Sabine ST # 605, Austin TX 78701

When was 507 Sabine ST # 605, Austin TX 78701 built?

507 Sabine ST # 605, Austin TX 78701 was built in 2007. It is masonry – all sides construction with 1,456 square feet on a 0.0052 acre lot.

How much does 507 Sabine ST # 605, Austin TX 78701 cost?

507 Sabine ST # 605, Austin TX 78701 is listed for sale at $498,500. That is $342 per square foot.

How many bedrooms and bathrooms does 507 Sabine ST # 605, Austin TX 78701 have?

507 Sabine ST # 605, Austin TX 78701 has 2 bedrooms and 2 bathrooms (2 full) with 1,456 square feet of living space.

What school district is 507 Sabine ST # 605, Austin TX 78701 in?

507 Sabine ST # 605, Austin TX 78701 is in the Austin ISD school district. Assigned schools include Mathews (elementary), O Henry (middle), Austin (high school).

Does 507 Sabine ST # 605, Austin TX 78701 have an HOA?

Yes, 507 Sabine ST # 605, Austin TX 78701 has an HOA fee of $1,166 per monthly. The HOA includes common area maintenance, insurance, landscaping, maintenance structure, parking, security.

What are the property taxes on 507 Sabine ST # 605, Austin TX 78701?

The annual property taxes on 507 Sabine ST # 605, Austin TX 78701 are $12,320 (as of 2026). The tax assessed value is $495,625.

How big is the lot at 507 Sabine ST # 605, Austin TX 78701?

The lot at 507 Sabine ST # 605, Austin TX 78701 is 0.0052 acres, and the home has 1,456 square feet of living space.

What type of property is 507 Sabine ST # 605, Austin TX 78701?

507 Sabine ST # 605, Austin TX 78701 is a residential property on a slab foundation.

Does 507 Sabine ST # 605, Austin TX 78701 have a garage?

Yes, 507 Sabine ST # 605, Austin TX 78701 has a 2-car garage. Parking features include garage, reserved, see remarks.

What subdivision is 507 Sabine ST # 605, Austin TX 78701 in?

507 Sabine ST # 605, Austin TX 78701 is located in the Sabine subdivision in Austin, TX. Community features include cluster mailbox, concierge, curbs, sidewalks, street lights.

How long was 507 Sabine ST # 605, Austin TX 78701 on the market?

507 Sabine ST # 605, Austin TX 78701 was on the market for 821 days, listed on June 20, 2024.

What heating and cooling does 507 Sabine ST # 605, Austin TX 78701 have?

507 Sabine ST # 605, Austin TX 78701 has central heating and central air cooling.

What are the roof and foundation at 507 Sabine ST # 605, Austin TX 78701?

The listing reports a membrane roof and a slab foundation at 507 Sabine ST # 605, Austin TX 78701.

What financing does the seller of 507 Sabine ST # 605, Austin TX 78701 accept?

The listing says the seller accepts cash, conventional, owner may carry financing.

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