Sabine on 5th
507 Sabine St, Austin, TX 78701

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About Sabine on 5th
Sabine on 5th is a modern mid-rise condominium community offering contemporary loft-style residences near the Waller Creek corridor on the east side of downtown. The building features clean architectural lines, floor-to-ceiling windows, and open floor plans that appeal to design-conscious urban dwellers. Its location bridges the downtown core and the rapidly growing East Austin neighborhoods.
Amenities
Neighborhood
Sabine on 5th occupies a strategic position between downtown's central business district and the burgeoning East Side, near the Waller Creek revitalization corridor. The location provides walkable access to the 6th Street entertainment district, the Convention Center, and the growing collection of restaurants and shops along East 5th and 6th Streets. The building is also near the Palm District, one of Austin's emerging creative neighborhoods.
Quick Facts
Floor Plans at Sabine on 5th
One Bedroom Floor Plans
| Floor Plan | # Bed | # Bath | SQ FT (Int.) |
|---|---|---|---|
| 1 | 1 | 753 | |
| 1 | 1 | 693 | |
| 1 | 1 | 693 | |
| 1 | 1 | 728 |
Two Bedroom Floor Plans
| Floor Plan | # Bed | # Bath | SQ FT (Int.) |
|---|---|---|---|
| 2 | 2 | 1,454 | |
| 2 | 2 | — | |
| 2 | 2 | 1,426 | |
| 2 | 2 | 1,462 |
What the numbers show at Sabine on 5th, based on closed sales.
At Sabine on 5th, closed condo sales over the trailing 12 months ran a median of $383/SF, with HOA dues around $0.84/SF. 2 sales closed in that span, and 2 units are listed for sale now. The median unit sold in about 230 days. That works out to roughly 12.0 months of supply — a buyer's market.
Median $/SF
$383
HOA $/SF
$0.84
Closed
2
Active now
2
Median Days on Market
230 days
Months Supply
12.0
Buyer's market
These are the headline numbers. The real story is in the details: which floors and views move the price, the finishes, and how a specific unit stacks up. Let's dig in together.
Dive deeper with JacobLoading active listings...
As Seen In Field Notes
- Downtown Austin Condo Market Report: June 2026Read →
Downtown recorded 29 condo closings in June. Pricing on the rolling 12-month line is still soft, down 4.2% from a year ago.
- June Market Report, Visit Rainey, & Off-MarketsRead →
How is the real estate market in downtown Austin in June 2026?Review my monthly market report. Ps sorry for keeping this newsletter’s data dive short, I’m...
- Downtown Austin Condo Market Report: May 2026Read →
Downtown recorded 21 condo closings in May. Pricing on the rolling 12-month line is still soft, down 7.0% from a year ago.
- Downtown Austin Condo Market Report: April 2026Read →
Downtown condo prices kept softening in April, but buyers showed up. 29 closings is up 70% year-over-year. After more than a year of sellers pricing where they wished the market was, April looks like the month buyers and sellers finally met in the middle.
- Downtown Austin Condo Market Report: March 2026Read →
As of March 2026, buyer activity is picking up with pending contracts up 88.9% year-over-year. Closings remained consistent with the broader pricing trend.
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