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Jacob Hannusch
Sabine on 5th #605 - Photo 1

Sabine on 5th#605

507 Sabine St #605, Austin, TX 78701

$539,000

2

Bedrooms

2

Bathrooms

1,456

Sq Ft

$370

Price/SF

About This Property

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 $14K in closing costs. Minimum 20% 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. No Short Term Rentals Allowed per HOA. $250.02 of the HOA fee is for 2 parking spots. They can be rented out to other residents. The building is at leasing capacity for immediate leasing by the new owner. The unit can be leased after owning it for 24 months. Sabine on Fifth is a DISTINCTIVE adaptation of a commercial building, originally constructed in 1980 and thoughtfully converted into residences in 2007. This amazing 2BD/2BA condo on the 6th floor of Sabine on 5th offers a prime opportunity to secure a spacious 1,456 sqft residence with spectacular SW views of the sunset setting behind the Frost tower. When you’re not out enjoying the vast array of local eateries, the sizable contemporary kitchen is ready for you to whip up your favorite culinary delights with sleek quartz countertops and SS appliances. The unit boasts one of the building’s largest primary suites, complete with a luxury ensuite bath and plenty of space for a seating or desk area. A luminous second bedroom also provides an ensuite bath accessible from the hallway for guests. Refreshing polished concrete floors throughout add a touch of modern sophistication. This unit provides the added convenience of two reserved garage parking spaces at the adjacent Hilton Garden Inn with covered mezzanine access to the Sabine elevator that takes you to the 6th floor. Residents of Sabine on 5th Street can also join The Hilton’s Skyline Spa & Health Club for a low monthly fee, offering access to the 24-hour fitness center, saltwater pool, hot tub, and saunas. Virtual Tour: https://www.youtube.com/watch?v=eiOCOMqbaB0

Property Details

StatusActive
Days on Market709
List DateJun 20, 2024
Year Built2007
Property TypeCondominium
HOA Fee$1,165.74/monthly
Tax (Annual)$10,812.03 (2025)

Listing History

ActiveNow

Active · 709 days on market

Price reducedJan 2, 2026

Price reduced to $539,000

Price reduced

Price reduced to $550,000

ListedJun 20, 2024

Listed for $690,000

Listed by: Alicia Kelley Leschber ((512) 736-7585), Compass RE Texas, LLC ((512) 575-3644)

Source: Unlock MLS, MLS#: 9240122

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Building

Sabine on 5th

507 Sabine St

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