505 W 7th ST # 102, Austin TX 78701

Austin, TX 78701 | Posada Del Rey Condo

Why It May Not Have Sold

The following is speculative analysis based on publicly available market data. There are many reasons a home may not sell that aren't reflected in MLS data, including personal circumstances, property condition, title issues, or simply a change of plans. This analysis looks only at market positioning factors.

$325,645 Ed's Estimate: $487,404 $574,968
Lowest Comp Recommended List: $478,000 to $497,000 Highest Comp

Listing History

$495,000 List Price
$461,388 Comp Value
0 Price Reductions

This property was listed at $495,000 and withdrawn after 90 days on market. This listing activity factors into the valuation.

This home was listed at $495,000 and was on the market for 90 days before being withdrawn. Based on comparable sales, the market data suggests a value closer to $487,404. Here are some factors that may have played a role: The listing had a price reduction during its time on market, which can sometimes affect buyer perception. At the time, there appear to have been 1 similar homes available at lower price points, which may have given buyers other options. Built in 1964, this home may have faced competition from newer construction in the area priced similarly. The 1964 construction puts this home 13 years older than the comp average, a factor in the pricing. 7 comparable transactions in POSADA DEL REY CONDO support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
2 Beds
2 Baths 1 Full, 1 Half
995 Sq Ft
0.0142 Acres
1964 Built

About This Property

Beautifully updated first-floor condo in the charming Posada del Rey community, ideally situated in the heart of downtown Austin! This thoughtfully renovated 2-bedroom residence showcases updated cabinetry, solid-surface countertops, stainless steel appliances including gas cooking, modern plumbing and lighting fixtures, a custom-built primary closet, and a beautifully remodeled shower with designer tile and a frameless glass enclosure. The functional floor plan includes a full bath, a convenient ensuite half bath, and in-unit laundry for everyday comfort and convenience.

Posada del Rey captures the character of old Austin with lush, mature courtyards, a sparkling community pool, gated covered parking, and low HOA dues—an increasingly rare combination in such a premier downtown location. Enjoy easy access to Whole Foods, Trader Joe’s, BookPeople, Walton’s, Republic Square Park and its renowned farmers market, along with the restaurants, coffee shops, and nightlife of West 6th Street. Just moments from the Lady Bird Lake hike-and-bike trail and the 2nd Street District, this home offers an exceptional blend of urban convenience, walkability, and the charm of a smaller, established community.

Features

  • Ceiling Fan(s)
  • Stone Counters
  • Recessed Lighting
  • Walk-In Closet(s)

Location

Schools

School District Austin ISD
Elementary Mathews
Middle School O Henry
High School Austin

Property Details

Property Type Residential
Flooring Laminate
Cooling Central Air
Heating Central
Exterior Uncovered Courtyard, Exterior Steps, Garden, Gas Grill, Lighting, Outdoor Grill
County Travis
MLS # 6295854

HOA & Community

HOA Fee $777 /Monthly
HOA Includes Common Area Maintenance

Tax Information

Annual Taxes (MLS) $11,305 (2025)

Listing History

MLS# 6295854 90 days
Sep 10, 2026 Off Market
Jul 8, 2026 Price Change $495,000
Jun 12, 2026 Listed $535,000

Frequently Asked Questions About 505 W 7th ST # 102, Austin TX 78701

When was 505 W 7th ST # 102, Austin TX 78701 built?

505 W 7th ST # 102, Austin TX 78701 was built in 1964.

How much does 505 W 7th ST # 102, Austin TX 78701 cost?

505 W 7th ST # 102, Austin TX 78701 is currently off market.

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