$400,000

Estimated payment $3,567/month

2 Beds
1 Bath
916 Sq Ft
$437 Price per Sq Ft

Highlights

  • Gated Parking
  • City View
  • Wood Flooring
  • 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 2-bedroom, 1-bath condo at 507 Sabine St #509 offers the perfect blend of comfort, convenience, and city energy—your ideal home base for weekends in Austin, nights out downtown, or a low-maintenance lock-and-leave lifestyle. The kitchen features a breakfast bar, stainless steel appliances, and sleek cabinetry, making it a great space for hosting friends or enjoying a quiet night in after exploring the city. Step outside and the best of Austin is at your doorstep. Rainey Street, Red River’s live music venues, East Sixth dining and bars, and the newly reimagined convention center are all just blocks away. Jog along Lady Bird Lake, explore nearby parks and trails, or take advantage of walkable grocery and retail options just around the corner. This isn’t just a condo—it’s your central Austin hub, perfectly positioned for downtown living and everything the city has to offer. Schedule a tour and experience it for yourself!

Listing Agent

Alexander McCormick

Keller Williams Realty Brokerage Phone: (512) 762-4397 License #0603023 Listed on: 11/21/2025

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

  • $7,844

Year Built

  • Built in 2007

HOA Fees

  • $801 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Flat Tile Roof
  • Masonry Siding

Interior Spaces

  • 916 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Garage
  • Gated Parking
  • Reserved Parking

Schools

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

Additional Features

  • East Facing Home
  • Central Heating and Cooling System

Community Details

  • Association fees include common area maintenance, parking, trash
  • Sabine Of Fifth Res Association
  • Sabine On 05 Residential Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02060422310000

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,844

Year Built

Built in 2007

Lot Details

0

HOA Fees

$801 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 2007
  • Additional Parcels: No
  • Direction Faces: East
  • 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: Public Improvement District
  • Fencing: None
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Levels: One
  • Living Area: 916
  • 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: 7927.20
  • FEMA Flood Plain: No
  • Current Price Lot Size Squ: 2782.61
  • Current Price By Living Ar: 436.68
  • "Current Price By Original ": 1.00
  • List Price Lot Size Square: 2782.61
  • List Price By Living Area: 436.68
  • List Price By Original Lis: 1.00
  • Restrictions: Covenant
  • Tax Exemptions: Homestead
  • Unit Style: Single level Floor Plan,High Rise (8-13 Stories)
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Ceiling-High, Eat-in Kitchen, Open Floorplan, Primary Bedroom on Main, Recessed Lighting
  • View: City
  • Flooring: Tile, Wood
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Electric Range, Microwave, Free-Standing Range, Stainless Steel Appliance(s)
  • Main Level Bedrooms: 2
  • Property Condition: Resale
  • Spa Features: None
  • Window Features: Window Coverings
  • Laundry Location: In Unit

Beds/Baths

  • Full Bathrooms: 1
  • Bedrooms: 2

Exterior Features

  • Exterior Features: None
  • Roof: Flat Tile
  • Foundation: Slab
  • Patio And Porch Features: None
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Parking Features: Garage, Gated, 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: 801

Association/Amenities

  • Association Name: Sabine of Fifth Res
  • Association: Yes
  • Community Features: Sidewalks

Schools

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

Lot Info

  • Lot Features: None
  • Parcel Number: 02060422310000
  • Lot Size Acres: 0.0033
  • Lot Size Sq Ft: 143.75
  • Subdivision Name: Sabine On 05 Residential Condo

Building Info

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

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 7843.54
  • Tax Filled Sqft Total: 916
  • 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 $6,210 $395,776 $71,500 $324,276
2023 $6,858 $471,173 $0 $0
2022 $9,406 $476,278 $71,500 $404,778
2021 $8,608 $395,442 $50,050 $345,392
2020 $7,593 $353,999 $50,050 $303,949
2018 $5,959 $269,141 $32,175 $298,809
2017 $5,457 $244,674 $32,175 $279,851
2016 $4,961 $222,431 $32,175 $279,851
2015 $3,972 $202,210 $32,175 $230,291
2014 $3,972 $183,827 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/21/2025 11/21/25 For Sale $400,000 +6.8% $437 / Sq Ft
11/01/2018 11/01/18 Sold -- -- -- View Prior Sale
09/21/2018 09/21/18 Pending -- -- --
07/19/2018 07/19/18 For Sale $374,500 0.0% $409 / Sq Ft
08/20/2017 08/20/17 Rented $1,795 0.0% --
08/08/2017 08/08/17 Under Contract -- -- --
08/01/2017 08/01/17 For Rent $1,795 -- --
Source: Unlock MLS (Austin Board of REALTORS®)

Purchase History

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

Mortgage History

Date Status Loan Amount Loan Type
Open $296,000 New Conventional
Previous Owner $265,900 Commercial
Source: Public Records

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 7451794

Unlock MLS (Austin Board of REALTORS®)

APN: 748497