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Sabine on 5th Housing Market Trends
|# Listings||Average DOM||Average Price||Average $/SqFt||Median Price||Median $/SqFt||Average % Reduced|
|Sold Last 6 Months (Unlock Sold Listings)||3||67||$426,667||$415||$625,000||$430||2%|
*Sabine on 5th Street Market Stats are based on Austin MLS data as of April 24th, 2019 at 3:55pm CDT.
Sabine on 5th Austin
507 Sabine St | Austin, TX | 78701
Once an old office building in Downtown Austin, Sabine on 5th is an upscale, 10-story, brick high-rise condominium with beautifully arched windows and covered entry. Built in 2007, the building is situated on Waller Creek, in Travis County’s 78701 zip code. Located just blocks from Interstate 35 between E 5th St and E 6th St, Sabine on 5th is in Downtown Austin’s Entertainment District.
Buyers interested in Sabine on 5th condos for sale can expect beautifully sleek, modern designs highlighted by the arched windows that light the interiors of these units. The City of Austin has an ongoing, adaptive reuse project, where older buildings that no longer have value are repurposed and redesigned for other uses. In this case, an old office building is now a residential property. With an average size of almost 800 square feet, the 80 condos in this building offer residents a sense of history mixed with timeless design.
Most Sabine on 5th condos for sale have wood floors, walk-in closets, kitchen areas with stainless steel appliances, high ceilings, and recessed lighting to add elegance to these units. Some have wrap-around balconies while others may have a Juliet balcony. Only a mile from the center of Downtown Austin, many residents don’t need a car - but for those who have one, there is a parking garage.
Where is Sabine on 5th Street Austin?
You'll find Sabine on 5th southeast of the Texas Capitol and just 7 blocks off Congress Ave. Austin-Bergstrom International Airport is only 11 miles away with service by SuperShuttle, Lyft, and Uber. Capital MetroRail’s Downtown Station is less than 4 blocks away and runs north, connecting commuters to many of Austin’s top technology employers.
Things to do near Sabine on 5th Street
Buyers of Sabine on 5th condos for sale will enjoy their location just a mile's walk from Lady Bird Lake’s trail entry off S Congress Ave. There are 10 miles of hiking and biking trails for those who want to live in the city and yet still have an active lifestyle. With Texas’ mild climate, runners and cyclists can be outside most of the year. The area attracts residents from all over Austin, as well as tourists visiting the city. Many festivals and seasonal events are within walking distance of Sabine on 5th, connecting residents to the excitement of living in Downtown Austin.
Sabine on 5th Schools
Austin ISD serves students living in Sabine on 5th Condos. Matthews Elementary (K-5), O Henry Middle (6-8), and Stephen F Austin High School (9-12) are the assigned schools for this neighborhood. There are also choices for private schools in the Downtown Austin area, including Kirby Hall School (PK-12), The Girls School of Austin (K-8), and St. Paul’s Lutheran School (PK-8).