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$439,000

Beds
1
Baths
1.0
sq ft
877

507 Sabine St Unit 306, Austin, TX 78701

507 Sabine St Unit 306

Austin, TX 78701

  • 225 days on market
    • Price drop $16,000↓
This one-of-a-kind condo is nestled on the south side of the Sabine building, offering a quiet retreat amidst the vibrant heart of the city. It stands out as the building's largest one-bedroom, one-bath unit, further enhanced by oversized, industrial style floor-to-ceiling windows in both the living area and the primary bedroom. The interior boasts updated hardwood floors, fresh paint, and a spacious walk-in closet, complemented by stainless steel appliances and an in-unit stackable washer/dryer. This unit is paired with one assigned parking space for convenience. The condo is positioned near Waller Creek, which is set for construction improvements as part of the Waterloo Greenway/Waller Creek Trail project. This will introduce a scenic walkway extending from Lady Bird Lake to the Capitol, enriching the neighborhood's access and views! Its prime downtown location offers easy access to historic Sixth Street,Rainey Street, East Austin's culinary scene, the Lady Bird Lake Hike and Bike Trails, and all the constant excitement of downtown Austin. Moreover, the proximity to the airport adds to its appeal. Residents of the Sabine on 5th Street have the exclusive opportunity to join the Skyline Spa & Health Club at The Hilton. For a monthly fee of $70, members enjoy access to a pool, a 24-hour fitness center, and saunas, enhancing the urban living experience.

Details

Property type

Condominium

Est. home value

$438,662

Lot size

135.04 sq ft

Price per sq ft

$501

Year built

2007

Annual property taxes

$8,400

Monthly HOA fee

$733.94

Price History

06/21/2024
Austin

Austin #6611267

Price change
$439,000
-3.52%
03/28/2024
Austin

Austin #6611267

Listed
$455,000

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Mathews

Middle school: 

O Henry

High school: 

Austin

Community features: 

Sidewalks, Street Lights

High school district: 

Austin ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$62,319
Asking price
$439,000
Closing costs (~8% of asking)
-$35,120
Est. remaining loan balance
-$341,561
Cash to seller
$62,319

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Flagstar Bank Fsb

Loan start date

October 2022

Original loan amount

$350,400

Est. remaining balance

$341,561

Interest rate

6.02%

Loan type

New Conventional, 30 year

Seller

Eric B Vo

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/08/2024 at 4:15 PM

Listing updated: 08/13/2024 at 8:35 AM

Listed by: Daphne Santa-Maria Quay, eXp Realty, LLC Phone #: (888) 519-7431

MLS: Austin #6611267

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