507 Sabine St Unit #401, Austin, TX 78701

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.

Downtown Austin runs from the Colorado River north to the Capitol, bounded by I-35 to the east and Lamar to the west. It is the densest residential market in Central Texas with high-rise condos, historic lofts, and luxury towers concentrated in distinct sub-districts.

The Seaholm District anchors the west end with the Seaholm Residences and the new Google tower reshaping the skyline. Rainey Street sits along the lake's north shore - what was a street of bungalow bars is now flanked by 40-story residential towers including 70 Rainey and The Lakeshore. The Warehouse District between 3rd and 6th Streets draws buyers who want walkable nightlife and restaurant access. Congress Avenue bisects downtown and remains the civic spine connecting the Capitol to the lake.

The Austonian (56 floors), The Independent (58 floors), and 360 Condominiums are the marquee towers. Newer projects like Sixth & Guadalupe and The Republic continue adding inventory. Price points range from $400K studio condos to $5M+ penthouses with lake and Hill Country views.

Walk Score averages 95+. The MetroRail Red Line stops at downtown station. Major employers including the State of Texas, UT Austin, and a growing tech presence (Google, Meta, Apple satellite offices) generate consistent housing demand. Nightlife, dining, live music, and Lady Bird Lake hike-and-bike trail are all within walking distance.

Buyers here are typically professionals, empty nesters downsizing from suburban estates, investors, and out-of-state relocations drawn to Austin's urban core. HOA fees range from $400/month in older buildings to $2,000+ in full-service towers. Most buildings include concierge, pool, fitness center, and secure parking.