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$627,000

Beds
2
Baths
2.0
sq ft
1,461

507 Sabine St Unit 401, Austin, TX 78701

507 Sabine St Unit 401

Austin, TX 78701

  • 149 days on market
    • Price drop $23,000↓
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.

Details

Property type

Condominium

Est. home value

$562,900

Lot size

Unknown

Price per sq ft

$430

Year built

2007

Annual property taxes

$11,760

Monthly HOA fee

$1,313

Price History

11/23/2024
Austin

Austin #2672072

Price change
$627,000
-3.54%
10/09/2024
Austin

Austin #2672072

Price change
$650,000
-3.7%
09/25/2024
Austin

Austin #2672072

Listed
$675,000

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Mathews

Middle school: 

O Henry

High school: 

Austin

Community features: 

Street Lights

High school district: 

Austin ISD

Seller’s Loan History

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

Lender

Bank Of America Na

Loan start date

March 2019

Original loan amount

$250,000

Est. remaining balance

Not provided

Interest rate

4.46%

Loan type

Stand Alone First, 30 year

Seller

Natalie Chou

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: 12/22/2024 at 7:45 PM

Listing updated: 11/23/2024 at 8:44 AM

Listed by: Alex McCormick, Keller Williams Realty Phone #: (512) 448-4111

MLS: Austin #2672072

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