505 W 7th ST # 108, Austin TX 78701

Off Market

One quiet little complex in the heart of downtown Austin!

Additional photos available to registered users

Ed's Opinion of Value

$282,573 Ed's Estimate: $389,148 $456,213

Lowest Comp Recommended List: $298,000 to $308,000 Highest Comp

Reviewing the most recent comparable transactions, this home's market value falls around $389,148. For a well positioned listing in POSADA DEL REY CONDO, I'd target the $298,000 to $308,000 range. With 7 comparable homes on the market in POSADA DEL REY CONDO, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. The 1964 construction puts this home 21 years older than the comp average, a factor in the pricing. Right now, 7 similar properties are competing for buyers in POSADA DEL REY CONDO, listed between $315,000 and $565,000. Recent trends in 78701 show home values have fallen 19.2% since 6 months ago. The most comparable recent sale is 807 Blanco ST # 301, Austin TX 78703, with an adjusted value of $310,313; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group

78701 Market Trends

$627,500 Median Sold Price ▼ 19.2% 6mo

$689/sqft Median $/SqFt ▼ 3.2% 6mo

108 days Avg Days on Market 9 days faster

223 homes Active Inventory 9.8 mo supply

94.9% Sale-to-List Ratio

136 Sales (6 months)

$429,615 Tax Assessed (2024)

Recently Sold Comparables

$310,313 adjusted 807 Blanco ST # 301, Austin TX 78703 1bd / 1.0ba • 627 sqft • 0.6 mi Sold 9 months ago

$282,573 adjusted 1503 W 9th ST # 106, Austin TX 78703 1bd / 1.0ba • 600 sqft • 0.9 mi Sold 10 months ago

$456,213 adjusted 1122 Colorado ST # 1209, Austin TX 78701 1bd / 1.0ba • 658 sqft • 0.4 mi Sold 9 months ago

$394,189 adjusted 710 Colorado ST # 4G, Austin TX 78701 1bd / 1.0ba • 638 sqft • 0.2 mi Sold 5 months ago

$432,079 adjusted 501 West Ave # 1406, Austin TX 78701 1bd / 1.0ba • 652 sqft • 0.2 mi Sold 3 months ago

Currently on Market

$315,000 505 W 7th ST # 115, Austin TX 78701 1bd / 1.0ba • 615 sqft • 0 mi 1 days on market

$324,999 505 W 7th ST # 113, Austin TX 78701 1bd / 1.0ba • 656 sqft • 0 mi 19 days on market

$349,900 505 W 7th ST # 308, Austin TX 78701 1bd / 1.0ba • 709 sqft • 0 mi 44 days on market

1 Beds

1 Baths 1 Full

629 Sq Ft

0.009 Acres

1964 Built

About This Property

Dramatic reduction! One of the best kept secrets in downtown Austin! Sweet ground floor unit with saltillo tile throughout, talavera tile in kitchen, cozy living area with fireplace! Front door plus back door to exit 7th street. Large window in bedroom w/2" blinds! Can't beat this location--WALK SCORE OF 99, BIKE SCORE OF 90 and just steps away from Waltons, Star Bar and everything else downtown has to offer! This lovely Spanish-style complex has a beautiful pool, large laundry room, one parking space goes with unit! Excellent investment opportunity or see it as a way to get into downtown living on an affordable scale! This unit makes a great escape when heading downtown for concerts, ACL or the plethora of entertainment Austin offers!

Features

Tile Counters
No Interior Steps
Recessed Lighting

Location

Map loading...

Schools

School District Austin ISD

Elementary Mathews

Middle School O Henry

High School Austin

Property Details

Property Type Residential

Flooring Tile

Cooling Central Air

Heating Central

Exterior Uncovered Courtyard, Gas Grill, See Remarks

County Travis

MLS # 9639513

HOA & Community

HOA Fee $455 /Monthly

HOA Includes Trash

Tax Information

Annual Taxes (MLS) $7,784 (2024)

Listing History

MLS# 9639513 476 days

Feb 19, 2026	Off Market
Jan 26, 2026	Pending
Oct 27, 2025	Price Change	$308,500
Oct 1, 2024	Listed	$450,000

Frequently Asked Questions About 505 W 7th ST # 108, Austin TX 78701

When was 505 W 7th ST # 108, Austin TX 78701 built?

505 W 7th ST # 108, Austin TX 78701 was built in 1964.

How much does 505 W 7th ST # 108, Austin TX 78701 cost?

505 W 7th ST # 108, Austin TX 78701 sold on February 19, 2026. Contact us for sale price details.

Similar Properties

$219,000 2303 E Side DR # 201, Austin TX 78704 1 bd | 1 ba

$219,900 4209 Burnet RD # 101, Austin TX 78756 1 bd | 1 ba

$220,000 910 Duncan LN # 11, Austin TX 78705 1 bd | 1 ba

$222,000 2802 Nueces ST # 306, Austin TX 78705 1 bd | 1 ba

Browse More Properties

1-Bedroom Homes in Austin Homes $300K-$500K in Austin All Homes for Sale in Austin Homes in 78701 Homes in Travis County Homes in Austin ISD All 1-Bedroom Homes Homes for Rent Land for Sale

Request Tour

Contact Agent

Interested in this property?

Get more information or schedule a tour

Your Name *

Email Address *

Phone Number *

Message *

Are you currently working with an agent? *

I'd like to schedule a tour

I am pre-qualified for financing

By submitting this form, you consent to receive communications from Neuhaus Realty Group via phone, email, or text regarding your property inquiry. You may opt out at any time. Your information will not be shared. See our Privacy Policy.