4 months on rocket

507 Sabine St Unit 401, Austin, TX, 78701

$627,000

Home List Price

$7,446*

Closing Credit

2 Bedrooms
2 Full Baths
1,461 SqFt
$429/SqFt
Condo

Location

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507 Sabine St Unit 401, Austin$627,000

Buyer Closing Credits

$7,446*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingAssigned, Garage, Gated, Covered, Guest
Garage2 spaces
Year Built2007
HeatingCentral
CoolingCentral Air
WaterfrontNone
FireplaceNone
ViewCity Lights, City, Creek/Stream
MLS #2672072
StatusActive

About 507 Sabine St Unit 401

YOU CAN BUY THIS $627K home for the same payment as a $525K home. UPGRADE into this Home. SELLER FINANCING AVAILABLE with MUCH lower than market rates. Buyer can get a rate in the mid 4’s to mid 5’s depending on down payment, and SAVE $26K in closing costs. MINIMUM of 20% down and Buyer must get pre-approved with Leahy Lending for seller financing consideration. NO formal underwriting, MUCH lower closing costs, NO discount points, close as fast as 10 days – Experience how lending should be done. Step into a slice of modern elegance in the center of downtown Austin with this stunning 2 bed, 2 bath corner unit at the iconic Sabine on 5th. Perched on the 4th floor, this residence boasts a wrap-around balcony that offers breathtaking panoramic views of the Capitol and Austin's vibrant skyline – your own private front-row seat to the city. As one of the '01 stack, this unit boasts the most desired layout and views in the building. Upon entering, you'll be greeted by the fresh and inviting ambiance of this recently updated home. New interior paint sets a sophisticated tone, while brand-new wood flooring adds warmth and style throughout the bedrooms. The kitchen is a chef's wonder with new cabinets, sleek countertops, a shiny new stove, and a modern kitchen sink that makes meal prep a delight. Custom-built closets provide ample storage. The true showstoppers of this condo are the expansive walls of windows that frame the skyline views from every angle. Located at 5th & Sabine, you'll enjoy unparalleled access to Austin's eclectic mix of dining, entertainment, and cultural hotspots, like the Comedy Mothership and Paramount Theatre. Stroll to nearby shopping at Whole Foods or Target, and trails to parks, including access to Lady Bird Lake, not to mention the local dining and nightlife scenes east and west. The airport is only a 10 minute ride away. Discover the perfect blend of contemporary updates and unbeatable location – this is downtown living at its finest.

Property Details

Property Features

Property Information:

  • Year Built: 2007
  • Stories: 1
  • Living Area: 1,461 SqFt

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (512) 762-4397
  • Listing Agent: Alex McCormick

Interior Features

Interior Information:

  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Range, Disposal, Microwave, Stainless Steel Appliance(s)
  • Flooring Type: Tile, Vinyl
  • Interior: Breakfast Bar, Ceiling Fan(s), Double Vanity, High Ceilings, Main Level Primary, No Interior Steps, Open Floorplan, Quartz Counters, Recessed Lighting, Storage, Walk-In Closet(s)
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: City Lights, City, Creek/Stream
  • Exterior: Balcony, Exterior Steps, Lighting, Private Entrance

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Assigned, Garage, Gated, Covered, Guest

Lot Features

Lot Information:

  • Lot: Corner Lot, City Lot, Trees

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Located between 5th and 6th street downtown Austin almost at I35. Go East on 5th street, turn right on Sabine. There are 2-3 15 min city parking spots out front. If full, there is paid parking a little further up the street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $627,000
  • Price Per SqFt: $429/SqFt

HOA Fees:

  • Amount: $1313
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Austin, TX.

Med. Sold Price

$567.4K

Med. Price/SqFt

$308

Avg. Days On Market

74

# of Sold Homes

602

507 Sabine St Unit 401 vs Austin

144 DAYS ON ROCKET

+70 Days

$627,000

+$59.5K More

$429/SqFt

+$121 More

KEY TAKEAWAY

This property is $59.5K more than the Median Sold Price and $121/SqFt more than other homes in Austin, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ACTRIS
  • MLS Number: #2672072

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (512) 762-4397
  • Listing Agent: Alex McCormick

IDX Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively 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. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

Copyright 2024 Unlock MLS and Austin Central Texas Realty Information Services, Inc.

IDX Listings courtesy of Unlock MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 12/18/2024, 10:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$4,510

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,946

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4505930
5
/10
  • Sanchez Elementary School

  • 73 San Marcos St

  • 0.50 miles

  • Public District Grades PK-5

school-card-donut-4505931
6
/10
  • Blackshear Elementary School

  • 1712 E 11th St

  • 0.86 miles

  • Public District Grades PK-5

school-card-donut-4505932
6
/10
  • Zavala Elementary School

  • 310 Robert T Martinez Jr St

  • 1.07 miles

  • Public District Grades EE-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $88,116. Most Austin, TX residents have annual incomes between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 507 Sabine St Unit 401

What is the listing price of this property?

The listing price of 507 Sabine St Unit 401 property is $627,000.

What type of property is this?

The property 507 Sabine St Unit 401 is a condo located in Austin, Texas, 78701.

Is this property for sale now?

Active Listing: 507 Sabine St Unit 401 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 507 Sabine St Unit 401 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 507 Sabine St Unit 401 is 1,461 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 507 Sabine St Unit 401 is 2007.

Rocket HomesTexasTravis CountyAustin78701507 Sabine St Unit 401

This home is located at 507 Sabine St Unit 401 in Austin, TX and zip code 78701 in the Downtown neighborhood. This 1,461 square foot home was built in 2007. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 26, 2024 and is currently priced at $627,000.

Austin, TX housing market in November 2024 saw over 59 listings sold above listed price, more than 96 sold at listed price and over 446 sold below. The number of homes for sale in Austin, TX decreased by 1.1% between October 2024 and November 2024. Listings spent 74 days on the market in November 2024, and had a median list price of $567,441 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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