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$498,500

28% price cut

Was $690,000 · $191,500 below the original list price

507 Sabine ST #605, Austin, TX 78701

Sabine On 05 Residential Condo

Bedrooms2
Bathrooms2
Sq Ft1,456
Acres0.01
Year Built2007

About This Property

MAXIMIZE YOUR BUYING POWER with exclusive seller financing! Well-qualified buyers can lock in rates from the mid-4s to mid-5s (depending on down payment) and save up to $14K in closing costs. Enjoy a streamlined process with a 20% minimum down payment, pre-approval through our Preferred Lender, no formal underwriting, no discount points, and a fast close in as little as 14 days. Experience the pinnacle of downtown living in this stunning 6th-floor high-rise condo at Sabine on Fifth—a distinctive 1980 commercial building thoughtfully converted into modern residences in 2007. The light-filled, open-concept floor plan showcases spectacular views down 5th Street through dramatic, oversized arched 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 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 includes the rare convenience of two reserved garage parking spaces at the adjacent Hilton Garden Inn, featuring covered mezzanine access directly to the Sabine elevator. A portion of the HOA fee ($250.02) covers these spots, which can be rented out to other building residents for passive income. Residents can also join the Hilton’s Skyline Spa & Health Club for a low monthly fee to access a 24-hour fitness center, saltwater pool, hot tub, and saunas. Please note: HOA rules prohibit short-term rentals, and long-term leasing is permitted after 24 months of ownership. Virtual Tour: https://www.youtube.com/watch?v=eiOCOMqbaB0

Property Details

Property TypeCondo
MLS #9240122
Days on Market831
Lot Size0.01 acres
HOA Fee$1,166 / Monthly
Listed6/20/2024
Last Updated6/20/2024

Location

County
Travis
School District
Austin ISD
MLS Area
DT

Size

Lot Description
Curbs, Public Maintained Road, Views

Improvements

Garage Spaces
2
Fence
None
Exterior Features
Lighting
Heating
Central
Cooling
Central Air
Appliances
Dishwasher, Disposal, Electric Range, Exhaust Fan, Microwave, Electric Oven, Refrigerator, Stainless Steel Appliance(s), Wine Refrigerator
Flooring
Concrete
Windows
See Remarks
Construction Materials
Masonry – All Sides
Foundation
Slab
Roof
Membrane
Direction Faces
Southwest
Pool Features
None
Patio / Porch
None
View
City, City Lights, Downtown, Skyline
Community Features
Cluster Mailbox, Concierge, Curbs, Sidewalks, Street Lights
Covered Spaces
2
Parking Features
Garage, Reserved, See Remarks

Location

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Listing provided by Alicia Kelley Leschber · Compass RE Texas, LLC · (512) 736-7585

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.

$498,500