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$400,000
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Property Description
***NEW LOWER HOA _ (HOA $577.62 + 125.01 [parking] = $702.63)***Welcome to urban living at its finest in the heart of Downtown Austin. This stylish 2-bedroom, 1-bath condo at 507 Sabine St #509 offers the perfect blend of comfort, convenience, and city energy-your ideal home base for weekends in Austin, nights out downtown, or a low-maintenance lock-and-leave lifestyle. The kitchen features a breakfast bar, stainless steel appliances, and sleek cabinetry, making it a great space for hosting friends or enjoying a quiet night in after exploring the city. Step outside and the best of Austin is at your doorstep. Rainey Street, Red River's live music venues, East Sixth dining and bars, and the newly reimagined convention center are all just blocks away. Jog along Lady Bird Lake, explore nearby parks and trails, or take advantage of walkable grocery and retail options just around the corner. This isn't just a condo-it's your central Austin hub, perfectly positioned for downtown living and everything the city has to offer. Schedule a tour and experience it for yourself!
Full Property Details
Full Property Details for 507 Sabine St #509
General
- Price: $400,000
- HOA FEE: $703/month
- Taxes: $7,843 (2025)
- Status: Active
- Type: Condo
- Source: Austin_MLS
- MLS ID: 7451794
- Updated: 12/16/2025
- Added to Site: 57 day(s) ago
Interior
- Interior Features: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, High Ceilings, Main Level Primary, Open Floorplan, Recessed Lighting
- Appliances: Dishwasher, Electric Range, Free-Standing Range, Disposal, Microwave, Stainless Steel Appliance(s)
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main: 2
Other Rooms
- Laundry: In Unit
Additional Information
- Shared Amenities: Sidewalks
- Spa Description: None
- Security/Safety: None
Exterior
- Exterior Features: None
Parking
- Total Spaces: 1
- Parking Features: Assigned, Garage, Gated
Location
- Area: DT
- County: Travis
- Subdivision: Sabine On 05 Residential Condo
- Driving Directions: From North I35, take exit 234C toward 6th St/12th St, turn left onto E 6th St, turn left at the 1st cross street onto S I-35 Frontage Rd, turn right onto E 5th St., turn right onto Sabine St. Property is on the corner of 5th Street & Sabine.
- Direction Faces: East
School Information
- Elem School District: Austin ISD
- Midd School District: Austin ISD
- High School District: Austin ISD
- Elementary School: Mathews
- Middle School: O Henry
- High School: Austin
Community
- Association: Yes
- Assoc. Name: Sabine of Fifth Res
- Assoc. Fees Include: Common Area Maintenance, Parking, Trash
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
- Construction: Masonry
- Roof: Flat Tile
- Windows: Window Coverings
- Stories/Levels: 1
- Square Feet: 916
- Sq. Ft. Source: Public Records
- Living Area: 916 Sq. Ft.
- Year Built: 2007
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: None
Lot Features
- Property View: City
- Lot Size (Acres): 0.0033
- Lot Size (Sq. Ft.): 143.75
- Sidewalks: Yes
- Lot Features: None
- Fencing (Description): None
Financial Considerations
- Association Fee: $703
- Assoc Fee Freq.: Monthly
- Assessment Amount: $395,776
- Tax Amount: $7,843.54
- Tax Year: 2025
- Terms: Cash, Conventional, See Remarks
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: UNT 509 SABINE ON FIFTH RESIDENTIAL CONDOMINIUM AMENDED THE PLUS .9487 % INT IN COM AREA
- Disclosures/Reports: Public Improvement District
- Property ID: 2060422310000
- Lot Number: 509
Listed by Keller Williams Realty
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Schools
Schools serving 507 Sabine St #509
School District:Austin Independent School District
| Name | Grades | Distance |
|---|---|---|
Mathews Elementary School 906 West Lynn Street, Austin, TX 78703 | PK-6 | 1.7 mi |
Austin High School, Austin, TX 1715 West Cesar Chavez Street, Austin, TX 78703 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 507 Sabine St #509
Date
Details
Price
Change
Source
11/21/2025
Listed
$400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 507 Sabine St #509
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,210
—
$395,776
-1%
2024
$6,210
100%
$399,021
-19%
2022
-100%
$490,288
3%
2022
$9,406
9%
$476,278
20%
2021
$8,608
9%
$395,442
12%
2020
$7,882
4%
$353,999
—
2020
$7,593
28%
$353,999
32%
2018
$5,912
19%
$269,141
10%
2016
$4,961
-9%
$244,674
10%
2017
$5,457
18%
$222,431
10%
2015
$4,643
13%
$202,210
10%
2013
$4,116
—
$183,827
10%
2013
$4,116
—
$167,115
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 507 Sabine St #509
507 Sabine Street #509, Austin, TX 78701 (MLS# 7451794) is a Condo property with 2 bedrooms and 1 full bathroom. 507 Sabine Street #509 is currently listed for $400,000 and was received on November 21, 2025. Want to learn more about 507 Sabine Street #509? Do you have questions about finding other Condo real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.

