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$728,000

NAL Estimated Property Value

507 Sabine St Apt 401, Austin, TX, 78701

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,461 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$429.16 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2

Exterior

Lot Size227 sqft

Building Information

Year Built2007
Stories1

Land Information

APN0206042213
Lot Number401
SubdivisionSabine On Fifth Residential Condominium
Land UseHigh-Rise Condo/Apartment
Legal DescriptionUNT 401 SABINE ON FIFTH RESIDENTIAL CONDOMINIUM AMENDED THE PLUS 1.4967 % INT IN COM AREA
Census Tract001103
Assessed Land Value$113,000
Assessed Improvement Value$423,880
Assessment Year2025

About this property

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.

Investor Tools

Property Icon
$728,000
Estimated Property Value
$0Estimated Mortgage Balance
$728,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,368 /month
Positive
Cash Flow Estimate:
$1,456 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$957/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$536,880
2025
$113,000
$423,880
$536,880
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$536,880

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$741,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
N/A
+$2,440/mo
4.0%

City: Austin

507 Sabine St Apt 401 | Property Details | No Agent List