NOT LISTED FOR SALE

Estimated Value: $406,525 - $408,000

1 Bed
1 Bath
693 Sq Ft
2007 Built

Last Sold November 08, 2022

Current estimated payment $2,974/month

Highlights

  • Concierge
  • Security Guard
  • Panoramic View
  • Mathews Elementary School Rated A
  • Home fronts a creek
  • 5-minute walk to Sir Swante Palm Park

About This Home

As of March 2024

PENTHOUSE CONDO DOWNTOWN AUSTIN. This gorgeous condo sits between 5th and 6th Street with amazing West facing views of downtown Austin, the Texas Capitol and 6th Street. It is in walking distance to Hike and Bike trails, Rainey Street, 6th Street, Whole Foods, Target, the MetroRail Red Line (0.2 miles) and so much more. Lady Bird Lake is less than 1 mile away and the University of Texas at Austin and the new Moody Center are 1.4 miles away. This property is located on Waller Creek and is a part of the Waterloo Greenway/The Confluence. The Waterloo Greenway is currently under construction and once complete the 35 acres of connected green space will span from Lady Bird Lake alongside the condo building to the Waterloo Park and Moody Amphitheater. This condo underwent an EXTENSIVE REMODEL: NEW Washer & Dryer, Automatic Blinds, Stunning Café Appliances, Quartzite Counters w/ a waterfall island, Marble Shower, Robern Fog Free and perimeter lit Bathroom Mirror, Touchless Faucet. INCLUDES 1 PARKING SPACE (+ 1 additional @ $70/mo). Low Utilities. There is an applicable membership to the Pool, 24 HR Fitness Center & Spa @ The Hilton for $50/month.

Last Agent to Rent the Property

Joel Bernal

Icon Realty Texas LLC Brokerage Phone: (512) 264-5522 License #0731083 Listed on: 01/19/2024

Last Renter's Agent

Joel Bernal

Icon Realty Texas LLC Brokerage Phone: (512) 264-5522 License #0731083 Listed on: 01/19/2024

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,687

Year Built

  • Built in 2007 | Remodeled

Lot Details

  • Home fronts a creek
  • West Facing Home

Parking

  • 2 Car Garage
  • Assigned Parking
  • Community Parking Structure

Property Views

  • Panoramic

Home Design

  • Slab Foundation
  • Elastomeric Roof
  • Masonry Siding

Interior Spaces

  • 693 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Recessed Lighting
  • Window Treatments
  • Concrete Flooring
  • Smart Thermostat
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Bar
  • Electric Range
  • <<microwave>>
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Accessible Home Design

  • No Interior Steps

Schools

  • Mathews Elementary School
  • O Henry Middle School
  • Austin High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet

Listing and Financial Details

  • Security Deposit $2,649
  • Tenant pays for all utilities
  • Negotiable Lease Term
  • $60 Application Fee
  • Assessor Parcel Number 02060422750000

Community Details

Overview

  • Property has a Home Owners Association
  • 80 Units
  • Sabine On 05 Residential Condo Subdivision
  • Property managed by Texas Capital Property Management

Amenities

  • Concierge
  • Community Mailbox

Pet Policy

  • Limit on the number of pets
  • Pet Deposit $500
  • Dogs and Cats Allowed
  • Breed Restrictions

Security

  • Security Guard
  • Card or Code Access
  • Fire and Smoke Detector
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Est. Annual Taxes

$8,687

Year Built

Built in 2007 | Remodeled

Lot Details

0

Parking

2

Rental Info

  • Owner Pays: None
  • Tenant Pays: All Utilities
  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Breed Restrictions, Negotiable
  • Available Date: 2024-01-18
  • App Deposit Payable To: Owner
  • App Fee Payable To: Joel Bernal
  • Application Fee: 60
  • Application Policy: Best Qualified Application
  • Application Required: See Online App,TAR App
  • First Month Rent Payable To: Owner
  • Max Numof Pets: 2
  • Monthly Pet Rent: 20
  • Additional Pet Fee: 200
  • Pet Deposit: 500
  • Max Lease Months: 16

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Year Built: 2007
  • Direction Faces: West
  • Directions: From I-35 frontage road, drive west on 5th Street and turn right onto Sabine. 507 Sabine is located between 5th and 6th Street downtown. There is public parking garage on 5th Street.
  • Disclosures: None
  • Fencing: None
  • Garage Spaces: 2
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Lease Term: Negotiable
  • Levels: One
  • Living Area: 693
  • Other Structures: None
  • Attribution Contact: (512) 264-5522
  • Attribution Contact: (512) 264-5522
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Unit Style: High Rise (8-13 Stories)
  • Complex Name: Sabine on Fifth
  • Smoking Inside YN: 0
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, High Ceilings, Quartz Counters, High Speed Internet, Kitchen Island, No Interior Steps, Primary Bedroom on Main, Recessed Lighting, Smart Thermostat
  • View: City, Downtown, Panoramic, Skyline
  • Flooring: Concrete
  • Fireplace Features: None
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Electric Range, Microwave, Refrigerator, Washer/Dryer Stacked
  • Main Level Bedrooms: 1
  • Property Condition: Updated/Remodeled
  • Security Features: Building Security, Fire Alarm, Fire Sprinkler System, Key Card Entry, Security Guard, Smoke Detector(s)
  • Spa Features: See Remarks
  • Window Features: Window Treatments, See Remarks
  • ResoLivingAreaSource: PublicRecords
  • Laundry Location: In Unit
  • Num Dining: 1
  • Num Living: 1
  • Min Lease Months: 6
  • Num Other Level Beds: 0

Beds/Baths

  • Full Bathrooms: 1
  • Bedrooms: 1

Exterior Features

  • Exterior Features: None
  • Roof: Elastomeric
  • Foundation: Slab
  • Patio And Porch Features: None
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: Creek
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 2
  • Parking Features: Assigned, Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: High Speed Internet
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air

Association/Amenities

  • Association: Yes
  • Community Features: Cluster Mailbox, Concierge, Controlled Access, Garage Parking, High Speed Internet

Condo/Co-op/Association

  • Managed By: Owner
  • Management Company: Texas Capital Property Management
  • Management Co Rep: Joel Bernal

Schools

  • Elementary School: Mathews
  • High School: Austin
  • Middle/Junior School: O Henry
  • Junior High Dist: Austin ISD

Lot Info

  • Lot Features: None
  • Parcel Number: 02060422750000
  • Lot Size Acres: 0.003
  • Lot Size Sq Ft: 130.68
  • Subdivision Name: Sabine On 05 Residential Condo

Building Info

  • Construction Materials: Masonry – All Sides
  • New Construction: No

Multi Family

  • Number Of Units Total: 80
  • Management Co Phone: 512-947-7141

Tax Info

  • Tax Map Number: 1003
  • Tax Filled Sqft Total: 693

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2022
Closed on
Nov 8, 2022
Sold by
Vicknair Kelsie Paige
Bought by
Ruvalcaba Mark A
Seller's Agent
Toby Vicknair
Keller Williams City-View
Buyer's Agent
NON-MLS MEMBER
NON MLS
List Price
$499,000
Sold Price
$483,000
Premium/Discount to List
-$16,000
-3.21%
Views
19
Current Estimated Value
$407,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$75,737
Avg. Annual Appreciation
-6.14%
Original Mortgage
$434,700
Outstanding Balance
$423,309
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
-$16,046

Purchase Details

Closed on
Aug 12, 2021
Sold by
Luna Brian K
Bought by
Vicknair Toby Joe and Vicknair Tonya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 15, 2017
Closed on
Feb 9, 2018
Sold by
Golden Hugh P and The Hugh P Golden Living Trust
Bought by
Luna Brian K
Seller's Agent
Kris Vermelis
Douglas Elliman Real Estate
Buyer's Agent
R. Wayne Clark
VIP Realty
List Price
$299,000
Sold Price
$296,750
Premium/Discount to List
-$2,250
-0.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.37%
Original Mortgage
$196,750
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2008
Sold by
Sabine Residences Lp
Bought by
Golden Hugh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,320
Interest Rate
6.11%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ruvalcaba Mark A -- Independence Title
Vicknair Toby Joe -- Independence Title
Luna Brian K -- Independence Title Co
Golden Hugh -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruvalcaba Mark A $434,700
Previous Owner Vicknair Toby Joe $382,500
Previous Owner Luna Brian K $196,750
Previous Owner Golden Hugh $202,875
Previous Owner Golden Hugh $214,320
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2024 03/27/24 Rented $2,475 0.0% --
03/26/2024 03/26/24 Under Contract -- -- --
03/05/2024 03/05/24 Price Changed $2,475 -1.0% $4 / Sq Ft
02/16/2024 02/16/24 Price Changed $2,500 -5.6% $4 / Sq Ft
01/19/2024 01/19/24 For Rent $2,649 0.0% --
11/08/2022 11/08/22 Sold -- -- --
11/08/2022 11/08/22 Sold -- -- --
10/21/2022 10/21/22 Pending -- -- --
10/19/2022 10/19/22 Pending -- -- --
09/29/2022 09/29/22 Price Changed $483,000 0.0% $697 / Sq Ft
09/29/2022 09/29/22 Price Changed $483,000 -3.2% $697 / Sq Ft
09/18/2022 09/18/22 For Sale $499,000 -9.3% $720 / Sq Ft
07/05/2022 07/05/22 For Sale $550,000 +83.9% $794 / Sq Ft
02/23/2018 02/23/18 Sold -- -- --
01/11/2018 01/11/18 Pending -- -- --
12/11/2017 12/11/17 For Sale $299,000 0.0% $431 / Sq Ft
12/03/2017 12/03/17 Pending -- -- --
11/15/2017 11/15/17 For Sale $299,000 0.0% $431 / Sq Ft
06/13/2017 06/13/17 Rented $1,600 0.0% --
06/11/2017 06/11/17 Under Contract -- -- --
06/09/2017 06/09/17 Price Changed $1,600 -17.9% $2 / Sq Ft
03/03/2017 03/03/17 For Rent $1,950 +11.4% --
09/26/2014 09/26/14 Rented $1,750 -2.5% --
09/23/2014 09/23/14 Under Contract -- -- --
09/04/2014 09/04/14 For Rent $1,795 -5.5% --
08/01/2012 08/01/12 Rented $1,900 -2.6% --
07/13/2012 07/13/12 Under Contract -- -- --
05/14/2012 05/14/12 For Rent $1,950 -- --
Source: Unlock MLS (Austin Board of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $8,687 $480,144 $53,500 $426,644
2022 $7,563 $382,930 $53,500 $329,430
2021 $7,242 $332,709 $37,450 $295,259
2020 $6,364 $296,700 $37,450 $259,250
2018 $6,570 $296,750 $24,075 $272,675
2017 $6,105 $273,741 $24,075 $269,046
2016 $5,550 $248,855 $24,075 $269,046
2015 $4,467 $226,232 $24,075 $257,646
2014 $4,467 $205,665 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 5446729

Unlock MLS (Austin Board of REALTORS®)

APN: 748541