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B+
NoAgentList RatingHow are grades calculated? Info

$419,000

507 Sabine St Apt 1009, Austin, TX, 78701

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths711 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$2.81 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
AppliancesConvection Oven, Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Range, Refrigerator, Washer
FlooringWood

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size109 sqft

Building Information

Year Built2007
Stories1

Land Information

APN02060422810000
Lot Number1009
SubdivisionSabine On Fifth Residential Condominium
Land UseResidential
Legal DescriptionUNT 1009 SABINE ON FIFTH RESIDENTIAL CONDOMINIUM AMENDED THE PLUS .7361 % INT IN COM AREA
Census Tract001103
Assessed Land Value$55,500
Assessed Improvement Value$242,124
Assessment Year2025

About this property

Live in the heart of Downtown Austin adjacent to the iconic entertainment district! Walking access to the best of Austin's restaurants, night life, shopping, Metro Rail and business centers. Enjoy high end finishes, comfort and quiet in the middle of the city.

Investor Tools

Property Icon
$419,000
Estimated Property Value
$0Estimated Mortgage Balance
$419,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,514 /month
Positive
Cash Flow Estimate:
$838 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$717/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,508
$297,624
2025
$55,500
$242,124
$297,624
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,508
$297,624

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$419,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
N/A
+$2,080/mo
6.0%

Learn About the Market: Opportunity in Austin

Local Market Pages
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Explore

Austin

Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.

From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.4%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$555,300

Unemployment Rate

Unemployment Rate

3.20%

Price Trend

Price Trend

~0.4% YoY growth

New Permits

New Permits

2,269 units

City: Austin

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507 Sabine St Apt 1009 | Property Details | No Agent List