505 W 7th ST # 105, Austin TX 78701

Austin, TX 78701 | Posada Del Rey Condo

Ed's Opinion of Value

$299,000 Ed's Estimate: $430,435 $637,611
Lowest Comp Recommended List: $297,000 to $307,000 Highest Comp

Listing History

$450,000 List Price
$430,435 Comp Value
0 Price Reductions

This property was listed at $450,000 and withdrawn after 28 days on market. This listing activity factors into the valuation.

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $430,435. I'd recommend coming to market at $297,000 to $307,000 to strike the right balance between value and market velocity. Against 7 similar active listings in POSADA DEL REY CONDO, this price point lands at the 4th most expensive of 7 comparable homes on the market. Built in 1964, this home is 10 years older than the average comp, which is reflected in the adjustments. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group
2 Beds
2 Baths 1 Full, 1 Half
880 Sq Ft
0.013 Acres
1964 Built
1 Garage

About This Property

Open air entry & walk to this 1st floor, end unit. This light, airy 2/1.3 condo in one of Downtown Austin's hidden gems! Posada Del Rey is a great, small, low-rise condo community which is becoming a scare commodity. The units surround a large, charming, open air, courtyard featuring a pool, grill & outdoor gathering area. Monthly rent includes water, gas & 1 reserved garage parking space. Additional spaces available for lease.

Features

  • Ceiling Fan(s)
  • Pantry
  • Storage

Location

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Schools

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

Property Details

Property Type Residential
Flooring Tile, Wood
Cooling Central Air
Heating Central
Exterior Exterior Steps
County Travis
MLS # 7774512

Parking

Garage 1 spaces

Listing History

MLS# 3143895 - Updated Mar 17, 2026 9 days (51 CDOM)
Jul 22, 2025 Off Market
Jul 7, 2025 Listed $2,100

Frequently Asked Questions About 505 W 7th ST # 105, Austin TX 78701

When was 505 W 7th ST # 105, Austin TX 78701 built?

505 W 7th ST # 105, Austin TX 78701 was built in 1964.

How much does 505 W 7th ST # 105, Austin TX 78701 cost?

505 W 7th ST # 105, Austin TX 78701 is currently off market.

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