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FOR SALE
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$498,500

Reduced $192K

507 Sabine ST #605, Austin, TX 78701

Est. Mortgage $NaN/mo

2

beds

2

baths

1,456

sqft

0.01

acres

Condominium
$1,165.74/mo HOA
Built in 2007
0.01 Acre Lot
1,456 sqft
$342/sqft
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OVERVIEW

About this condo

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 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. Experience ultimate downtown living in this stunning 6th-floor high-rise condo. The light-filled, open-concept floor plan showcases spectacular views down 5th Street through dramatic, oversized arching windows complete with custom window seats. Perfect for entertaining, the gourmet kitchen boasts a massive quartz peninsula with seating for five, premium stainless steel appliances, a wine fridge, and modern chic pendant lighting. The expansive primary suite features jaw-dropping city vistas and a spa-like ensuite bath with a separate soaking tub and a large glass-enclosed shower. High ceilings, polished concrete floors, and a private secondary suite complete this sophisticated urban oasis. 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

Listings checked every few minutes. MLS# 9240122 was Last Updated: 08-23-2026.

Listed by Compass RE Texas, LLC (512) 575-3644

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.

More homes for sale in Downtown

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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 $499K 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 $498,500. It features 2 bedrooms, 2 bathrooms, 1,456 square feet, 0.0052 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 $498,500 is 26.7% lower than the median condo price of $680K in Downtown. At $342/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 0.0052 acres of land, and is a condominium style condo.