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$416,000

507 Sabine St Apt 902, Austin, TX, 78701

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths753 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$3.19 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
AppliancesDishwasher, Disposal, Microwave, Free-Standing Range, Stainless Steel Appliance(s)
FlooringConcrete

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size118 sqft

Building Information

Year Built2007
Stories1
Garage Spaces1

Land Information

APN02060422640000
Lot Number902
SubdivisionSabine On Fifth Residential Condominium
Land UseResidential
Legal DescriptionUNT 902 SABINE ON FIFTH RESIDENTIAL CONDOMINIUM AMENDED THE PLUS .777 % INT IN COM AREA
Census Tract001103
Assessed Land Value$58,500
Assessed Improvement Value$254,872
Assessment Year2025

About this property

Dive into the epitome of urban chic with this updated 1 bedroom, 1 bathroom condo, nestled right in the vibrant core of central downtown Austin! Features include quartz countertops setting the tone for a modern kitchen experience, freshly painted cabinetry- adorned in a soothing green tone offering a unique blend of warmth and contemporary flair, gold bathroom fixtures add a touch of luxury and sophistication to your daily routines. A chic barn door that is a stylish, space-saving solution for the bedroom blending functionality with aesthetic appeal, exquisite light fixtures illuminating your space with modern fixtures that cast a welcoming glow, to the breathtaking downtown views! This residence is a convenient luxury lifestyle statement with it's unbeatable prime location just minutes away from the serene Lady Bird Lake and historic 6th St, your new home also includes covered parking for 1 vehicle (can pay additional fee for 1 more parking spot) offering the best of both worlds. Don't miss out on this incredible opportunity to call the heart of Austin your home!

Investor Tools

Property Icon
$416,000
Estimated Property Value
$130,000Estimated Mortgage Balance
$266,904Estimated Equity
69% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,496 /month
Positive
Cash Flow Estimate:
$832 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$691/month
$455/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,210
$313,372
2025
$58,500
$254,872
$313,372
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,210
$313,372

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quest Trust Company Fbo
Unknown
$130,000
No
First
Sep 1, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$149,362
$276,638
64%
36%
$960/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
$1,415/mo
+$665/mo
6.0%

Learn About the Market: Opportunity in Austin

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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 902 | Property Details | No Agent List