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FOR SALE
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$539,000

507 Sabine ST #605, Austin, TX 78701

2

beds

2

baths

1,456

sqft

0.01

acres

Estimated Mortgage: $NaN/moGet Prequalified
Condominium
$1,165.74/mo HOA

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 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

Listings checked every few minutes. MLS# 9240122 was Last Updated: 05-01-2026.

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

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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 San Marcos is the historic center of San Marcos, Texas — not to be confused with downtown Austin. San Marcos is a city of approximately 68,000 residents in Hays County, located along Interstate 35 roughly 30 miles south of Austin and 50 miles north of San Antonio. The town center, known locally as "the square," was laid out in 1851 and is listed on the National Register of Historic Places. The restored 1909 Hays County Courthouse sits at the center of the square, surrounded by independent shops, restaurants, and small businesses occupying historic commercial buildings that date from the late 19th and early 20th centuries. A portion of downtown falls within the locally designated Downtown Historic District, which received its National Register listing in 1993 and provides formal preservation standards for the area's architecture. The district's designation means exterior modifications to contributing structures require review, helping maintain the built environment that defines the neighborhood's character.

Explore Downtown

What employers are near 507 Sabine ST?

  • Texas State University (Higher Education)
  • San Marcos Premium Outlets / Tanger Outlets (Retail)
  • Central Texas Medical Center (Healthcare)

How does this property compare to others in Downtown?

507 Sabine ST is listed at $539K vs. the $792K median in Downtown. The neighborhood average is $787/sqft. Homes in Downtown average 129 days on market.

MetricDowntown
Median List Price$792K
Median Sold Price$614K
Average Days on Market129
Average Price per Sqft$787
Active Listings257

Market data as of May 2026.

Frequently Asked Questions

How much is 507 Sabine ST?

507 Sabine ST is listed for $539,000. 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 $539,000 is 32.0% lower than the median condo price of $792K in Downtown. At $370/sqft, it compares to the neighborhood average of $787/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.