$349,999
$19K PRICE DROP

Estimated payment $2,989/month

Total Views 2,578
1 Bed
1 Bath
693 Sq Ft
$505 Price per Sq Ft

Highlights

  • Concierge
  • Skyline View
  • Main Floor Primary Bedroom
  • Mathews Elementary School Rated A
  • Open Floorplan
  • 5-minute walk to Sir Swante Palm Park

About This Home

Welcome to urban living at its finest in the heart of Downtown Austin. This stylish 1-bedroom, 1-bath condo at 507 Sabine St #503 features soaring ceilings and west-facing views that showcase the iconic Frost Tower and the vibrant city skyline. Inside, you’ll find a modern kitchen complete with a center island, stainless steel appliances, and sleek cabinetry—perfect for cooking or entertaining. The bedroom offers a cozy retreat, and the bathroom is thoughtfully accessible from both the bedroom and entryway, offering added convenience for guests. Buy this $350,000 home for the same payment as a $280,000 home! 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 $8K in closing costs. Minimum 15% 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. Step outside and find yourself immersed in the best of Austin: walk to the bars and restaurants of East Sixth, catch live music on Red River, jog along Lady Bird Lake, or explore the tech hub of the Innovation District. Whether you're craving world-class dining, local coffee shops, outdoor adventure, or unbeatable nightlife, it’s all just steps from your front door. This is more than a condo—it’s your gateway to the downtown Austin lifestyle. Schedule your showing today!

Listing Agent

Alexander McCormick

Keller Williams Realty Brokerage Phone: (512) 762-4397 License #0603023 Listed on: 05/05/2025

Keller Williams Realty

Co-Listing Agent

Kathryn Rogers

Keller Williams Realty Brokerage Phone: (512) 762-4397 License #0709225

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,277

Year Built

  • Built in 2007

HOA Fees

  • $701 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Reserved Parking
  • Assigned Parking
  • Community Parking Structure

Home Design

  • Slab Foundation
  • Masonry Siding

Interior Spaces

  • 693 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Concrete Flooring

Kitchen

  • Eat-In Kitchen
  • Free-Standing Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Home Security

Schools

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

Additional Features

  • West Facing Home
  • City Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02060422250000

Community Details

Overview

  • Association fees include common area maintenance, parking, trash
  • Sabine On 5Th Association
  • Sabine On 05 Residential Condo Subdivision

Amenities

  • Concierge
  • Community Mailbox

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,277

Year Built

Built in 2007

Lot Details

0

HOA Fees

$701 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 2007
  • Additional Parcels: No
  • Direction Faces: West
  • Directions: From North I35, take exit 234C toward 6th St/12th St, turn left onto E 6th St, turn left at the 1st cross street onto S I-35 Frontage Rd, turn right onto E 5th St., turn right onto Sabine St. Property is on the corner of 5th Street & Sabine.
  • Disclosures: Seller Disclosure
  • Fencing: None
  • Garage Spaces: 1
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Levels: One
  • Living Area: 693
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Co List Office Mls Id: ACT0991
  • Co List Office Phone: (512) 448-4111
  • Attribution Contact: (512) 762-4397
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 7312.84
  • FEMA Flood Plain: No
  • Restrictions: Covenant
  • Tax Exemptions: Homestead
  • Unit Style: Single level Floor Plan,High Rise (8-13 Stories)
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), High Ceilings, Eat-in Kitchen, Kitchen Island, Open Floorplan, Primary Bedroom on Main, Recessed Lighting
  • View: City, Skyline
  • Flooring: Concrete
  • Fireplace Features: None
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Microwave, Free-Standing Electric Range
  • Main Level Bedrooms: 1
  • Property Condition: Resale
  • Security Features: Smoke Detector(s)
  • Spa Features: None
  • Window Features: None
  • Laundry Location: Inside,Laundry Closet
  • Num Dining: 1
  • Num Living: 1
  • Num Other Level Beds: 0

Beds/Baths

  • Full Bathrooms: 1
  • Bedrooms: 1

Exterior Features

  • Exterior Features: None
  • Roof: See Remarks
  • Foundation: Slab
  • Patio And Porch Features: None
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 1
  • Parking Features: Assigned, Garage, Reserved
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Heating: Central
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Parking, Trash
  • Association Fee Frequency: Monthly
  • Association Fee: 701.16

Association/Amenities

  • Association Name: Sabine on 5th
  • Association: Yes
  • Community Features: Cluster Mailbox, Concierge, Garage Parking

Schools

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

Lot Info

  • Lot Features: City Lot, Corner Lot, Curbs
  • Parcel Number: 02060422250000
  • Lot Size Acres: 0.0025
  • Lot Size Sq Ft: 108.9
  • Subdivision Name: Sabine On 05 Residential Condo

Building Info

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

Tax Info

  • Tax Year: 2024
  • Tax Map Number: 503
  • Tax Filled Sqft Total: 693
  • Tax Rate: 1.98180000000000

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $4,277 $363,657 $0 $0
2022 $6,630 $335,712 $0 $0
2021 $6,643 $305,193 $37,450 $267,743
2020 $6,096 $284,205 $37,450 $246,755
2018 $6,553 $296,000 $24,075 $271,925
2017 $6,521 $292,409 $24,075 $268,334
2016 $6,521 $292,409 $24,075 $268,334
2015 $6,136 $280,584 $24,075 $256,509
2014 $6,136 $257,839 $24,075 $233,764
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 Price Changed $349,999 0.0% $505 / Sq Ft
06/20/2025 06/20/25 Price Changed $350,000 -2.7% $505 / Sq Ft
06/10/2025 06/10/25 Price Changed $359,575 -1.5% $519 / Sq Ft
05/22/2025 05/22/25 Price Changed $364,990 -1.1% $527 / Sq Ft
05/05/2025 05/05/25 For Sale $369,000 +23.5% $532 / Sq Ft
08/09/2015 08/09/15 Off Market -- -- --
08/07/2015 08/07/15 Sold -- -- --
07/20/2015 07/20/15 Pending -- -- --
07/06/2015 07/06/15 Price Changed $298,900 -2.0% $431 / Sq Ft
06/04/2015 06/04/15 Price Changed $305,003 -1.3% $440 / Sq Ft
05/22/2015 05/22/15 Price Changed $309,003 -1.0% $446 / Sq Ft
05/04/2015 05/04/15 Price Changed $312,003 -0.2% $450 / Sq Ft
04/17/2015 04/17/15 For Sale $312,503 +19.0% $451 / Sq Ft
10/09/2013 10/09/13 Sold -- -- --
09/13/2013 09/13/13 Pending -- -- --
08/24/2013 08/24/13 For Sale $262,500 0.0% $379 / Sq Ft
05/27/2013 05/27/13 Rented $1,595 -3.3% --
05/27/2013 05/27/13 Under Contract -- -- --
04/02/2013 04/02/13 For Rent $1,650 -- --
Source: Unlock MLS (Austin Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Vendors Lien -- Itc
Vendors Lien -- Itc
Special Warranty Deed -- American-Austin Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,520 New Conventional
Closed $232,800 Commercial
Closed $232,800 Commercial
Previous Owner $249,375 Commercial
Source: Public Records

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Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 4483863

Unlock MLS (Austin Board of REALTORS®)

APN: 748491