507 Sabine ST #605, Austin, TX — photo 1
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$498,500
2 beds2 baths1,456 sqft

507 Sabine ST #605, Austin TX 78701

MLS #214691720 · Compass RE Texas, LLC · Alicia Kelley Leschber

Residential
Built in 2007
0.01 Acres Lot
$342/sqft
HOA $1,165 / monthly

About this home

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

Property details

Property type
Residential · Condominium
Status
Active
Year built
2007
Full baths
2
Lot size
0.0052
Subdivision
Sabine On 05 Residential Condo
MLS area
DT
MLS #
214691720

Features

Interior features

  • Breakfast Bar
  • Ceiling Fan(s)
  • High Ceilings
  • Chandelier
  • Quartz Counters
  • No Interior Steps
  • Open Floorplan
  • Primary Bedroom on Main
  • Recessed Lighting

Exterior features

  • Lighting

Additional details

Parking
Garage, Reserved, See Remarks
Garage spaces
2
Roof
Membrane
Foundation
Slab
HOA
$1,165 / monthly
Annual tax
$10,812

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Schools

Assigned schools per the MLS.

School district
Austin ISD
Elementary
Mathews
Middle
O Henry
High
Austin

See Austin ISD schools & boundaries →

Comparable homes near 507 Sabine ST #605

Similar homes currently for sale nearby, ranked by distance.

Getting around

Downtown Austin
0.4 mi
Austin-Bergstrom Airport
6.3 mi

Straight-line distance, not drive time.

Market insights

Compared with 351 active homes in ZIP 78701 · HomeLocating listings

Area median price
$675,000
This home vs. median
26% below
Homes with a price cut
24%

At $498,500, this home is priced 26% below the $675,000 median across 351 active homes in ZIP 78701.

Estimated monthly payment

$4,795/mo
Principal & interest$2,521/mo
Property taxes
Home insurance (est.)
HOA dues

Home price

$498,500

Down payment

20% ($99,700)

Loan details

30-yr fixed, 6.50%

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Estimate only, not a lending offer or MLS data. Taxes, insurance, and HOA figures are estimated (see ⓘ above for detail); contact a lender to confirm your exact rate and payment.

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Listing courtesy of Compass RE Texas, LLC · Alicia Kelley Leschber

Listing data last updated Oct 2, 2026, 11:46 PM

Information is deemed reliable but not guaranteed and should be independently verified. Listing information is provided 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. © 2026 HomeLocating.com.

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