$376,714
2 bd · 1 ba · 916 sqft
507 Sabine ST, Austin, TX 78701
507 Sabine ST, Austin, TX 78701 is a 2-bedroom, 1-bathroom condominium listed at $376,714 ($411/sqft). 916 sqft. Built in 2007. Located in Downtown Austin, Austin TX. Priced 46% below the Downtown Austin median of $768/sqft. MLS #7451794. Listed by Keller Williams Realty.
Property Overview
Situated in the vibrant heart of Downtown Austin, 507 Sabine Street offers an exceptional value proposition for those seeking authentic urban living. This 2-bedroom, 1-bath condominium presents a rare opportunity at $376,714—47% below the neighborhood's area median price per square foot. The recently reduced HOA fees ($702.63 monthly) make this unit particularly attractive for buyers looking to maximize affordability while maintaining downtown proximity. The 916 square-foot interior features updated stainless steel appliances, a breakfast bar, and modern cabinetry, providing practical elegance for a compact lifestyle.
The location amplifies this property's appeal immensely. Residents enjoy immediate walkable access to 6th Street's entertainment options, live music venues along Red River, and East Sixth's acclaimed dining scene. Lady Bird Lake sits nearby for morning jogs and recreational activities, while the convention center, trendy Rainey Street, and numerous shops and cafes create a self-contained urban ecosystem. This downtown Austin address suits investors seeking a lock-and-leave property, young professionals valuing nightlife proximity, or anyone prioritizing walkable convenience over square footage.
The 120-day market time reflects the property's below-market pricing—a genuine opportunity in a historically competitive downtown market. For buyers ready to embrace condensed, neighborhood-rich Austin living without the premium downtown price tag, 507 Sabine Street delivers immediate access to the city's best amenities within a manageable footprint.
Agent Description
***NEW LOWER HOA _ (HOA $577.62 + 125.01 [parking] = $702.63)***Welcome to urban living at its finest in the heart of Downtown Austin. This stylish 2-bedroom, 1-bath condo at 507 Sabine St #509 offers the perfect blend of comfort, convenience, and city energy—your ideal home base for weekends in Austin, nights out downtown, or a low-maintenance lock-and-leave lifestyle. The kitchen features a breakfast bar, stainless steel appliances, and sleek cabinetry, making it a great space for hosting friends or enjoying a quiet night in after exploring the city. Step outside and the best of Austin is at your doorstep. Rainey Street, Red River’s live music venues, East Sixth dining and bars, and the newly reimagined convention center are all just blocks away. Jog along Lady Bird Lake, explore nearby parks and trails, or take advantage of walkable grocery and retail options just around the corner. This isn’t just a condo—it’s your central Austin hub, perfectly positioned for downtown living and everything the city has to offer. Schedule a tour and experience it for yourself!
Neighborhood: Downtown Austin
This property is located in Downtown Austin, Austin, TX. The area is known for 6th Street Entertainment, Lady Bird Lake, Congress Avenue, High-Rise Living, Walkable Urban Core.
At $411/sqft, this listing is priced 46% below the Downtown Austin median of $768/sqft.
Property Details
| Property Type | Condominium |
| Year Built | 2007 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Living Area | 916 sqft |
| Lot Size | 143.75 sqft |
| Price per Sqft | $411 |
| Listed | Nov 21, 2025 |
| MLS # | 7451794 |
| Listed By | Keller Williams Realty |
Listing data last updated:
Frequently Asked Questions
What is the listing price of 507 Sabine ST, Austin, TX 78701?
This property is listed at $376,714, which is $411 per square foot. That is 46% below the Downtown Austin area median of $768/sqft.
How many bedrooms and bathrooms does 507 Sabine ST, Austin, TX 78701 have?
This home has 2 bedrooms and 1 bathroom, with 916 square feet of living space.
When was 507 Sabine ST, Austin, TX 78701 built?
This property was built in 2007, making it 19 years old.
What neighborhood is 507 Sabine ST, Austin, TX 78701 in?
This property is in Downtown Austin, Austin, TX. The area is known for 6th street entertainment, lady bird lake, congress avenue.
How long has 507 Sabine ST, Austin, TX 78701 been on the market?
This listing has been on the market for 120 days.
What type of property is 507 Sabine ST, Austin, TX 78701?
This is a Condominium on a 143.75 sqft lot.