$299,990
$69K PRICE DROP

Estimated payment $2,637/month

Total Views 4,128
1 Bed
1 Bath
693 Sq Ft
$433 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

****THANKSGIVING SALE - BUY WHILE IT LASTS!!! **** 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 is the ultimate spot for University of Texas parents, alumni, and fans - your home base for weekends in Austin, game day gatherings, and visits with your Longhorn student. Inside, soaring ceilings and west-facing views showcase the Frost Tower, the Texas State Capitol, and the city skyline - plus a glimpse of Waterline, the tallest building in Texas. The kitchen features a center island, stainless steel appliances, and sleek cabinetry - perfect for hosting friends before kickoff or grabbing a bite after exploring campus. The bedroom provides a comfortable retreat, while the bathroom offers convenient access from both the bedroom and entryway, making it easy to accommodate guests. Seller’s updates include a brand-new HVAC system and a new water heater for peace of mind. Step outside and the best of Austin is at your feet. Rainey Street, Red River’s live music venues, East Sixth dining and bars, and the new convention center are all just blocks away. Jog along Lady Bird Lake, or take advantage of walkable grocery shopping just around the corner. And when it’s game day? You’re just minutes from campus - skip the traffic, park once, and enjoy the weekend Longhorn-style. This isn’t just a condo – this is your Austin hub for UT, Downtown, and everything in between. Schedule a tour and lock in your game day and getaway retreat! Exclusive Seller Financing Available: 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 required. All buyers must be pre-approved through Preferred Lender to be considered. No formal underwriting, no discount points, and close in as little as 14 days.

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
  • Current Price Lot Size Squ: 2754.73
  • Current Price By Living Ar: 432.89
  • "Current Price By Original ": 0.81
  • List Price Lot Size Square: 2754.73
  • List Price By Living Area: 432.89
  • List Price By Original Lis: 0.81
  • 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), Ceiling-High, 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

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 Filled Sqft Total: 693
  • Tax Rate: 1.98180000000000

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
2025 $4,277 $251,035 $53,500 $197,535
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 List to Sale Price per Sq Ft Prior Sale
11/26/2025 11/26/25 Price Changed $299,990 -5.4% $433 / Sq Ft
11/12/2025 11/12/25 Price Changed $317,000 -0.6% $457 / Sq Ft
10/25/2025 10/25/25 Price Changed $318,999 -0.3% $460 / Sq Ft
09/25/2025 09/25/25 Price Changed $319,990 -4.5% $462 / Sq Ft
08/20/2025 08/20/25 Price Changed $334,900 -4.3% $483 / Sq Ft
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 -- -- -- View Prior Sale
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 -- -- -- View Prior Sale
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 $232,800 Commercial
Closed $232,800 Commercial
Previous Owner $249,375 Commercial
Source: Public Records

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 4483863

Unlock MLS (Austin Board of REALTORS®)

APN: 748491