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FOR SALE
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$249,900

Reduced $15K

507 Sabine ST #404, Austin, TX 78701

Est. Mortgage $NaN/mo

1

beds

1

baths

728

sqft

0.00

acres

Condominium
$582.87/mo HOA
Built in 2007
0.00 Acre Lot
728 sqft
$343/sqft
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OVERVIEW

About this condo

Welcome to 5th on Sabine, tucked away in the heart of downtown just half a block south of historic 6th St. This stylish condo boasts high ceilings and a seamless flow that enhances its spaciousness. The open living room and kitchen invite you in with expansive, westward-facing views of the ever-expanding Austin skyline and iconic landmarks—including the Texas State Capitol, Frost Bank Tower, and The Waterline (the tallest building in the Southern United States). The bathroom has been tastefully updated with a large shower featuring two showerheads. The bedroom is ample sized and receives natural light from the living area. Upon exiting the lobby, you are just minutes from vibrant entertainment districts offering an abundance of dining options, dive bars, cocktail lounges, UT sporting events, and endless live music. For those who lead an active lifestyle, you are steps away from the 10-mile Ann and Roy Butler Hike-and-Bike Trail, yoga studios, and downtown gyms. As a major perk, residents of 5th on Sabine can opt-in to receive membership access to The Skyline & Health Club at the Hilton Hotel on 4th St—just a five-minute walk away. Elite amenities include a pool, 24-hour gym, spa, sauna, hot tub, and locker rooms. Major infrastructure projects are also in extremely close proximity, creating long-term value. These include the "Old 6th" initiative, which preserves 31 historic buildings while adding new restaurants and retail; the Waterloo Greenway, a 1.5-mile park system spanning from 15th St to Lady Bird Lake right next to the building; and the upcoming, state-of-the-art Austin Convention Center. Rounding out this incredible package, one assigned parking spot, which is included in monthly HOA fee, is located in the adjacent Hilton Garden Inn garage, easily accessible via a convenient second-floor walkway. Come check out 5th on Sabine to experience value-driven, premier downtown living! Buyer and buyer's agent to verify all information.

Listings checked every few minutes. MLS# 2663963 was Last Updated: 09-17-2026.

Listed by ERA Brokers Consolidated (512) 868-0403

Listing courtesy of Unlock MLS as distributed by MLS Grid. The information being provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but is not guaranteed accurate by MLS Grid or Unlock MLS.

What is the Downtown neighborhood like?

Downtown Austin is the central business district of Austin, Texas, and the seat of both Travis County government and Texas state government. It is generally bounded by Lamar Boulevard on the west, Martin Luther King Jr. Boulevard on the north, Interstate 35 on the east, and Lady Bird Lake on the south, and lies within the 78701 postal area. Several smaller districts sit inside it, among them the Congress Avenue corridor, the Second Street District, the Rainey Street Historic District, the Market and West End area, the Seaholm District and the Red River Cultural District. The Downtown Austin Alliance's 2026 State of Downtown report counted 13,976 residents living in 14,164 residential units, and 131,775 people working in the district.

Explore Downtown

What employers are near 507 Sabine ST?

  • State of Texas (Government)
  • City of Austin (Government)
  • Travis County (Government)

How does this property compare to others in Downtown?

507 Sabine ST is listed at $250K vs. the $680K median in Downtown. The neighborhood average is $758/sqft. Homes in Downtown average 85 days on market.

MetricDowntown
Median List Price$680K
Median Sold Price$663K
Average Days on Market85
Average Price per Sqft$758
Active Listings237

Market data as of September 2026.

Frequently Asked Questions

How much is 507 Sabine ST?

507 Sabine ST is listed for $249,900. It features 1 bedroom, 1 bathroom, 728 square feet, 0.0026 acres. Built in 2007.

What neighborhood is 507 Sabine ST in?

507 Sabine ST is located in the Downtown neighborhood of Austin, Texas.

How does 507 Sabine ST compare to other condos in Downtown?

The asking price of $249,900 is 63.2% lower than the median condo price of $680K in Downtown. At $343/sqft, it compares to the neighborhood average of $758/sqft.

What are the details of 507 Sabine ST?

507 Sabine ST was built in 2007, and sits on 0.0026 acres of land, and is a condominium style condo.