RENTED NOV 10, 2025

Estimated Value: $348,637 - $644,000

1 Bed
1 Bath
877 Sq Ft
2007 Built

Last Sold January 30, 2015

Current estimated payment $3,110/month

Highlights

  • Concierge
  • Building Security
  • Gated Community
  • Mathews Elementary School Rated A
  • Gated Parking
  • 5-minute walk to Sir Swante Palm Park

About This Home

As of November 2025

Welcome to urban living at its finest in the heart of Downtown Austin. This stylish 1 bedroom, 1 bath condo at 507 Sabine Street #506 features soaring ceilings and views of the vibrant city skyline. Inside, you’ll find a modern kitchen complete with a breakfast bar, stainless steel appliances, and sleek cabinetry—perfect for cooking or entertaining. The bedroom provides a peaceful retreat, while the bathroom features both a separate tub and a walk-in shower for a spa-like experience right at home. 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!

Last Agent to Rent the Property

Alexander McCormick

Keller Williams Realty Brokerage Phone: (512) 762-4397 License #0603023 Listed on: 08/15/2025

Keller Williams Realty

Co-Listed By

Kathryn Rogers

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

Keller Williams Realty

Last Renter's Agent

Kathryn Rogers

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

Keller Williams Realty

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2007

Lot Details

  • South Facing Home
  • Private Entrance

Parking

  • 1 Car Garage
  • Gated Parking
  • Community Parking Structure

Interior Spaces

  • 877 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Concrete Flooring
  • Smart Thermostat
  • Stacked Washer and Dryer

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

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

Schools

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

Additional Features

  • No Interior Steps
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $2,400
  • Tenant pays for all utilities
  • The owner pays for association fees
  • 12 Month Lease Term
  • $75 Application Fee
  • Assessor Parcel Number 02060422280000

Community Details

Overview

  • Property has a Home Owners Association
  • 80 Units
  • Sabine On 05 Residential Condo Subdivision
  • Lock-and-Leave Community

Amenities

  • Concierge
  • Community Mailbox

Pet Policy

  • Call for details about the types of pets allowed
  • Pet Deposit $500

Security

  • Building Security
  • Resident Manager or Management On Site
  • Card or Code Access
  • Gated Community
  • Fire Sprinkler System
  • Fire Escape

Condo Details

Home Type

Condominium

Year Built

Built in 2007

Lot Details

0

Parking

1

Rental Info

  • Owner Pays: Association Fees
  • Tenant Pays: All Utilities
  • Pets Allowed: Call
  • Available Date: 2025-08-15
  • App Deposit Payable To: Owner
  • App Fee Payable To: Kate Rogers
  • Application Fee: 75
  • Application Policy: Best Qualified Application
  • Application Required: TAR App
  • First Month Rent Payable To: Owner
  • Max Numof Pets: 2
  • Monthly Pet Rent: 0
  • Additional Pet Fee: 300
  • Pet Deposit: 500
  • Max Lease Months: 24
  • App Delivery To: kate@heykaterealestate.com

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Year Built: 2007
  • Direction Faces: South
  • Directions: East on 5th Street and Left on Sabine. The building is just West of I-35. And diagonal from the Austin Convention Center parking garage.
  • Disclosures: None
  • Garage Spaces: 1
  • Lease Term: 12 Months
  • Levels: One
  • Living Area: 877
  • Co List Office Mls Id: ACT0991
  • Co List Office Phone: (512) 448-4111
  • Attribution Contact: (512) 762-4397
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Current Price Lot Size Squ: 15.55
  • Current Price By Living Ar: 2.39
  • "Current Price By Original ": 0.88
  • List Price Lot Size Square: 16.85
  • List Price By Living Area: 2.59
  • List Price By Original Lis: 0.95
  • Unit Style: High Rise (8-13 Stories),Elevator
  • Complex Name: Sabine on 5th
  • Smoking Inside YN: 0
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Ceiling-High, Quartz Counters, No Interior Steps, Open Floorplan, Primary Bedroom on Main, Recessed Lighting, Smart Thermostat, Soaking Tub, Stackable W/D Connections, Walk-In Closet(s)
  • Flooring: Concrete
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Range, Microwave, Refrigerator, Washer/Dryer Stacked
  • Main Level Bedrooms: 1
  • Security Features: Building Security, Fire Escape, Fire Sprinkler System, Key Card Entry
  • Laundry Location: Laundry Closet

Beds/Baths

  • Full Bathrooms: 1
  • Bedrooms: 1

Exterior Features

  • Exterior Features: Exterior Steps, Private Entrance, Restricted Access
  • Pool Features: None
  • Private Pool: No
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 1
  • Parking Features: Garage, Gated
  • 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

Association/Amenities

  • Association: Yes
  • Community Features: Cluster Mailbox, Concierge, Garage Parking, Gated, Lock and Leave, Nest Thermostat, Property Manager On-Site

Condo/Co-op/Association

  • Managed By: Owner

Schools

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

Lot Info

  • Lot Features: None
  • Parcel Number: 02060422280000
  • Lot Size Acres: 0.0031
  • Lot Size Sq Ft: 135.04
  • Subdivision Name: Sabine On 05 Residential Condo

Building Info

  • New Construction: No

Multi Family

  • Number Of Units Total: 80

Tax Info

  • Tax Filled Sqft Total: 877

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2011
Sold by
Nathan Senthil
Bought by
Nathan Priya
Current Estimated Value
$471,409

Purchase Details

Closed on
Apr 29, 2008
Sold by
Sabine Residences Lp
Bought by
Priya Nathan Senthil and Priya Nathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,675
Outstanding Balance
$116,077
Interest Rate
5.84%
Mortgage Type
Commercial
Estimated Equity
$355,332
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nathan Priya -- None Available
Priya Nathan Senthil -- American-Austin Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Priya Nathan Senthil $183,675
Closed Nathan Priya $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/10/2025 11/10/25 Rented $2,100 -7.7% --
10/24/2025 10/24/25 Under Contract -- -- --
10/20/2025 10/20/25 Price Changed $2,275 -3.2% $3 / Sq Ft
09/29/2025 09/29/25 Price Changed $2,350 -2.1% $3 / Sq Ft
08/15/2025 08/15/25 For Rent $2,400 0.0% --
03/12/2024 03/12/24 Rented $2,400 0.0% --
03/08/2024 03/08/24 Under Contract -- -- --
02/05/2024 02/05/24 For Rent $2,400 0.0% --
02/07/2022 02/07/22 Rented $2,400 0.0% --
01/25/2022 01/25/22 Under Contract -- -- --
12/22/2021 12/22/21 For Rent $2,400 0.0% --
12/22/2021 12/22/21 Under Contract -- -- --
11/17/2021 11/17/21 For Rent $2,400 +26.3% --
09/05/2020 09/05/20 Rented $1,900 0.0% --
08/30/2020 08/30/20 Under Contract -- -- --
08/21/2020 08/21/20 Price Changed $1,900 -5.0% $2 / Sq Ft
08/17/2020 08/17/20 Price Changed $2,000 -4.8% $2 / Sq Ft
06/20/2020 06/20/20 Price Changed $2,100 -4.5% $2 / Sq Ft
05/24/2020 05/24/20 For Rent $2,200 +15.8% --
06/07/2019 06/07/19 Rented $1,900 0.0% --
06/05/2019 06/05/19 Under Contract -- -- --
05/29/2019 05/29/19 Price Changed $1,900 -5.0% $2 / Sq Ft
05/16/2019 05/16/19 Price Changed $2,000 -4.8% $2 / Sq Ft
03/29/2019 03/29/19 For Rent $2,100 +10.5% --
09/14/2018 09/14/18 Rented $1,900 0.0% --
08/26/2018 08/26/18 Under Contract -- -- --
07/28/2018 07/28/18 For Rent $1,900 +5.6% --
08/06/2017 08/06/17 Rented $1,800 0.0% --
08/02/2017 08/02/17 Under Contract -- -- --
06/22/2017 06/22/17 Price Changed $1,800 -5.3% $2 / Sq Ft
03/31/2017 03/31/17 For Rent $1,900 0.0% --
01/30/2015 01/30/15 Sold -- -- -- View Prior Sale
12/19/2014 12/19/14 Pending -- -- --
12/08/2014 12/08/14 Price Changed $329,000 -2.9% $375 / Sq Ft
10/31/2014 10/31/14 Price Changed $339,000 -2.9% $387 / Sq Ft
09/23/2014 09/23/14 For Sale $349,000 0.0% $398 / Sq Ft
04/01/2014 04/01/14 Rented $1,795 0.0% --
04/01/2014 04/01/14 Under Contract -- -- --
03/12/2014 03/12/14 For Rent $1,795 -- --
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
2025 $7,594 $380,069 $68,500 $311,569
2023 $8,519 $470,844 $68,500 $402,344
2022 $9,033 $457,371 $68,500 $388,871
2021 $8,532 $391,994 $47,950 $344,044
2020 $7,522 $350,710 $47,950 $302,760
2018 $8,107 $366,157 $30,825 $335,332
2017 $7,683 $344,521 $30,825 $313,696
2016 $7,683 $344,521 $30,825 $313,696
2015 $6,921 $316,131 $30,825 $285,306
2014 $6,921 $290,833 $30,825 $260,008
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 8901485

Unlock MLS (Austin Board of REALTORS®)

APN: 748494