NOT LISTED FOR SALE

Sabine on Fifth 507 Sabine St Unit 404 Austin, TX 78701

Sixth Street District Neighborhood

Estimated Value: $275,000 - $858,000

1 Bed
1 Bath
728 Sq Ft
$581/ mo HOA Fee

Last Sold August 31, 2023

Current estimated payment $3,212/month

54 Days on Market

Highlights

  • Private Pool
  • Gated Parking
  • Open Floorplan
  • Mathews Elementary School Rated A
  • Downtown View
  • 5-minute walk to Sir Swante Palm Park

About This Home

As of August 2023

This stunning 1-bedroom, 1-bathroom condo offers an exceptional living experience with its captivating downtown City and State Capitol views. As you step inside, you'll be greeted by the spacious open floor plan featuring high ceilings and sleek concrete floors, creating a modern and sophisticated ambiance. The condo is tastefully appointed with stainless steel appliances. The refrigerator, washer, and dryer are conveniently included. Location is key, and this condo offers the ultimate downtown lifestyle. Situated within walking distance of popular attractions such as 6th Street, the Warehouse District, Rainey Street, Waller Creek, and the Town Lake hike/bike trails, you'll have easy access to the vibrant energy and entertainment options Austin has to offer. Need to stock up on groceries or run errands? Whole Foods and Target are just two blocks away. One of the standout features of Sabine on 5th is the skywalk over Waller Creek, connecting you directly to the Hilton Garden Inn. This unique amenity provides you with exclusive access to the hotel and its facilities, including a 24-hour fitness center, pool, and spa. For a monthly fee of $70, you can enjoy a well-rounded fitness and relaxation experience without leaving the comfort of your own community. Parking is never a concern with one assigned space included in the parking garage at the Hilton. Commuting is made easy with several CapMetro bus stops nearby, ensuring convenient access to public transportation. Additionally, the nearby Town Lake hike/bike trails offer a scenic and active alternative for your daily commute or leisurely strolls. Sabine on 5th holds a special historical charm, having been converted from a commercial building in 2007 while retaining its original architectural integrity. The community offers a unique blend of contemporary living and rich history, creating a truly distinctive living experience. Embrace downtown living at its finest and immerse yourself in the dynamic Austin lifestyle.

Last Agent to Sell the Property

Richard El Richani

Compass RE Texas, LLC License #0703025 Listed on: 06/30/2023

Compass RE Texas, LLC

Last Buyer's Agent

Rocio Gomez

Realty of America, LLC License #0786643

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,831

Year Built

  • Built in 2007

Lot Details

  • West Facing Home
  • Private Entrance
  • Wooded Lot

HOA Fees

  • $581 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Gated Parking
  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Insulated Concrete Forms
  • Elastomeric Roof
  • Concrete Siding
  • Masonry Siding

Interior Spaces

  • 728 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Vinyl Clad Windows
  • Concrete Flooring
  • Smart Thermostat

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Quartz Countertops

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Washer and Dryer

Outdoor Features

  • Private Pool
  • Balcony
  • Exterior Lighting

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • City Lot

Listing and Financial Details

  • Down Payment Assistance Available
  • Tax Lot 404
  • Assessor Parcel Number 02060422160000
  • 2% Total Tax Rate

Community Details

Overview

  • Association fees include cable TV, common area maintenance
  • Sabine On 5Th Association
  • Mid-Rise Condominium
  • Sabine On 05 Residential Condo Subdivision
  • Mandatory home owners association

Security

  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,831

Year Built

Built in 2007

Lot Details

0 Sq Ft Lot

HOA Fees

$581 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: Mid Rise (4-7 Stories)
  • Restrictions: Lease, See Remarks
  • Year Built: 2007
  • Additional Parcels: No
  • Direction Faces: West
  • Directions: Located between 5th and 6th street in downtown Austin almost at I35. Go East on 5th street, turn right on Sabine. There are 2-3 15 min city parking spots out front. If full, there is paid parking across the street at the convention center.
  • Disclosures: Seller Disclosure
  • Estimated Taxes: 7605.52
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: None
  • Garage Spaces: 1.00
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Guest Accommodation Description: None
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: One
  • Living Area: 728.00
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Ceiling-High, Counter-Quartz, High Speed Internet, No Interior Steps, Open Floorplan, Pantry, Primary Bedroom on Main, Recessed Lighting, Smart Thermostat, Stackable W/D Connections, Walk-In Closet(s), Washer Hookup
  • Laundry Location: Inside, Laundry Closet
  • View: City, City Lights, Downtown
  • Flooring: Concrete
  • Num Living: 1
  • Accessibility Features: None
  • Appliances: Dishwasher, Microwave, Oven, Electric Oven, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer, Water Heater-Electric
  • Main Level Bedrooms: 1
  • Property Condition: Resale
  • Security Features: Key Card Entry, Smoke Detector(s)
  • Window Features: Double Pane Windows, Vinyl Windows

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms: 1
  • Bedrooms: 1

Exterior Features

  • Exterior Features: Balcony, Exterior Steps, Lighting, Private Entrance, Restricted Access
  • Roof: Elastomeric
  • Foundation: Brick/Mortar
  • Patio And Porch Features: None
  • Pool Features: See Remarks
  • Private Pool: Yes
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 1.00
  • Parking Features: Assigned, Garage, Gated
  • Total Parking Spaces: 1.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

  • HOA Fee Includes: Cable TV, Common Area Maintenance
  • Association Fee Frequency: Monthly
  • Association Fee: 581.00

Association/Amenities

  • Association Name: Sabine on 5th
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: See Remarks

Schools

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

Lot Info

  • Lot Features: City Lot, Public Maintained Road, Trees-Moderate
  • Parcel Number: 02060422160000
  • Lot Size Acres: 0.0026
  • Lot Size Sq Ft: 113.26
  • Subdivision Name: Sabine On 05 Residential Condo

Building Info

  • Construction Materials: Brick, Concrete, ICFs (Insulated Concrete Forms), Masonry – All Sides
  • New Construction: No

Tax Info

  • Tax Filled Sqft Total: 728
  • Tax Lot: 404
  • Tax Rate: 2.28000000000000
  • Tax Year: 2023
  • Tax Annual Amount: 7831.08
  • Tax Exemptions: Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2023
Closed on
Aug 31, 2023
Sold by
Krause David
Bought by
Ruiz-Montoya Andrea Alejandra and Wamble Noah
Seller's Agent
Richard El Richani
Compass RE Texas, LLC
Buyer's Agent
Rocio Gomez
Realty of America, LLC
List Price
$360,000
Views
86
Current Estimated Value
$447,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.72%

Purchase Details

Listed on
Jan 21, 2016
Closed on
Apr 22, 2016
Sold by
Lxp Investments Llc
Bought by
Krause David
Seller's Agent
Amy Knight Black
Kuper Sotheby's Int'l Realty N
Buyer's Agent
Josh Dawkins
Blue Water Realty Austin LLC
List Price
$299,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.23%
Original Mortgage
$190,000
Interest Rate
3.68%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 9, 2013
Closed on
Feb 16, 2013
Sold by
Patel Paresh and Prajapati Kinnari
Bought by
Lxp Investments Llc
Seller's Agent
Fred Meyers
Austin City Living
Buyer's Agent
Tim Tierney
eXp Realty LLC

Purchase Details

Closed on
Mar 9, 2010
Sold by
Sabine Residences Lp
Bought by
Patel Paresh and Prajapati Kinnari
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ruiz-Montoya Andrea Alejandra -- None Listed On Document
Krause David -- Austin Title Company
Lxp Investments Llc -- None Available
Patel Paresh -- Heritage Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Krause David $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2023 08/31/23 Sold -- -- --
08/23/2023 08/23/23 Pending -- -- --
08/14/2023 08/14/23 Price Changed $319,000 -8.9% $438 / Sq Ft
07/12/2023 07/12/23 Price Changed $349,999 -2.8% $481 / Sq Ft
06/30/2023 06/30/23 For Sale $360,000 +20.0% $495 / Sq Ft
04/25/2016 04/25/16 Sold -- -- -- View Prior Sale
03/10/2016 03/10/16 Pending -- -- --
01/21/2016 01/21/16 For Sale $299,999 0.0% $412 / Sq Ft
02/22/2013 02/22/13 Rented $1,600 -3.0% --
02/21/2013 02/21/13 Under Contract -- -- --
01/09/2013 01/09/13 For Rent $1,650 -- --
Source: Unlock MLS (Austin Board of REALTORS®)

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
2025 $3,652 $268,709 $57,000 $211,709
2023 $6,785 $375,000 $57,000 $318,000
2022 $7,606 $385,104 $57,000 $328,104
2021 $7,252 $333,181 $39,900 $293,281
2020 $6,391 $297,949 $39,900 $258,049
2018 $7,244 $327,198 $25,650 $301,548
2017 $6,859 $307,570 $25,650 $281,920
2016 $6,859 $307,570 $25,650 $281,920
2015 $6,453 $295,051 $25,650 $269,401
2014 $6,453 $271,164 $25,650 $245,514
Source: Public Records

Agents Affiliated with this Home

  • Richard El Richani

    Seller's Agent in 2023

    Richard El Richani

    Compass RE Texas, LLC

    (512) 965-4024

    1 in this area

    28 Total Sales

    Richard El Richani
    Section Image

  • R

    Buyer's Agent in 2023

    Rocio Gomez

    Realty of America, LLC

    (512) 470-5073

    1 in this area

    51 Total Sales

    Rocio Gomez
    Section Image
  • Amy Knight Black

    Seller's Agent in 2016

    Amy Knight Black

    Kuper Sotheby's Int'l Realty N

    (512) 633-1909

    48 Total Sales

    Amy Knight Black
    Section Image

  • F

    Seller Co-Listing Agent in 2016

    Fred Meyers

    Austin City Living

    (512) 517-2300

    1 Total Sale

    Fred Meyers
    Section Image

  • J

    Buyer's Agent in 2016

    Josh Dawkins

    Blue Water Realty Austin LLC

  • Tim Tierney

    Buyer's Agent in 2013

    Tim Tierney

    eXp Realty LLC

    (512) 773-4844

    Tim Tierney
    Section Image
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About Sabine on Fifth

Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 7050659

Unlock MLS (Austin Board of REALTORS®)

APN: 748482

Texas Travis County Austin 78701 Sixth Street District

507 Sabine St Unit 404, Austin, TX

Not Listed for Sale

Condos

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Based on information submitted to the MLS GRID

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