507 Sabine St Unit #501, Austin, TX 78701

Want to live in a downtown high-rise - AND feel like you're above the trees in the heart of this vibrant city? The Sabine on 5th Lofts have high ceilings + super large (almost floor to ceiling!) windows - tons of natural light! THIS HOME is in the most sought-after position in the building - the '01 stack - the BEST views that ALSO has a wrap-around balcony! This home was completely remodeled in 2022! New interior paint, new recessed lighting, all new lighting fixtures w smart bulbs, new fans, new smart thermostats, new cabinets throughout (w quiet close drawers!), new under-cabinet lighting, new hardware, new quartz countertops, new backsplash, new microwave, new soaking tub, new ceiling-high walk-in shower in primary w double shower heads, new ceiling-high tiling/tub/shower in secondary bath, new mirrors, new vanities to both bathrooms + new remote-controlled blackout blinds! Stainless steel in the kitchen. Concrete Floors. 2 walk-in closets w amazing storage. Wired w Cat 6 high speed internet! MOST IMPORTANTLY - a wrap-around balcony with 180+ degree views!! DID I MENTION THE VIEWS? Capital views! Frost tower views! 30sec walk to historic 6th street! 5m walk to Rainey Street fun + Lady Bird Lake biking/walking trails! Directly next to Waller Creek trail leading to the new Waterloo Greenway! Easily walk to Whole Foods (5m) + City Target (6m)! Some of the best restaurants in the city right nearby - Buenos Aires, Moonshine Grill, Corrine, Koriente, Iron Cactus, Parkside, Casino El Camino, Fogo de Chao, Gus' World Famous Chicken + SO. MUCH. MORE. 10m drive from the airport! Sabine on 5th Lofts were converted from a commercial building in 2007 - building originally built in 1980. Residents at Sabine are offered membership to The Skyline Spa & Health Club at The Hilton which includes a pool, 24-hour fitness center + saunas for $70/monthly.

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.