The office building on Sabine and Fifth St was converted to downtown condos in 2007. The units were tainted by lawsuits and foreclosures, not to mention the downturn of the economy and real estate market. Now these condos will be auctioned in Austin by a California firm this month in hopes of recouping funds. The prices have been slashed in order to get them sold. So if you were looking to buy in the downtown area, this might be a golden opportunity for you. Details can be found in the article link below.
