507 Sabine St Unit #605, Austin, TX 78701

MAXIMIZE YOUR BUYING POWER with exclusive seller financing! Well-qualified buyers can lock in rates from the mid-4s to mid-5s (depending on down payment) and save up to $14K in closing costs. Enjoy a streamlined process with a 20% minimum down payment, pre-approval through our Preferred Lender, no formal underwriting, no discount points, and a fast close in as little as 14 days. Experience the pinnacle of downtown living in this stunning 6th-floor high-rise condo at Sabine on Fifth—a distinctive 1980 commercial building thoughtfully converted into modern residences in 2007. The light-filled, open-concept floor plan showcases spectacular views down 5th Street through dramatic, oversized arched windows complete with custom window seats. Perfect for entertaining, the gourmet kitchen boasts a massive quartz peninsula with seating for five, premium stainless steel appliances, a wine fridge, and chic pendant lighting. The expansive primary suite features jaw-dropping city vistas and a spa-like ensuite bath with a separate soaking tub and a large glass-enclosed shower. High ceilings, polished concrete floors, and a private secondary suite complete this sophisticated urban oasis. This unit includes the rare convenience of two reserved garage parking spaces at the adjacent Hilton Garden Inn, featuring covered mezzanine access directly to the Sabine elevator. A portion of the HOA fee ($250.02) covers these spots, which can be rented out to other building residents for passive income. Residents can also join the Hilton’s Skyline Spa & Health Club for a low monthly fee to access a 24-hour fitness center, saltwater pool, hot tub, and saunas. Please note: HOA rules prohibit short-term rentals, and long-term leasing is permitted after 24 months of ownership. Virtual Tour: https://www.youtube.com/watch?v=eiOCOMqbaB0

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.