505 W 7th ST # 113, Austin TX 78701

Austin, TX 78701 | Posada Del Rey Condo

$324,999 $495/sqft
1 Beds
1 Baths 1 Full
656 Sq Ft
0.009 Acres
1964 Built
1 Garage

About This Property

Live the downtown dream in this Spanish hacienda-style boutique community in the heart of Austin’s energetic Market District. This beautifully remodeled 1-bedroom condo at Posada Del Rey blends warm character with unbeatable walkability—just steps from Lady Bird Lake, Whole Foods, Trader Joe’s, acclaimed restaurants, coffee shops, nightlife, live music, festivals, parks, fitness studios, shopping and more! Interior highlights include an open living and dining layout with a cozy tiled fireplace, hardwood floors throughout, an updated tiled shower and a spacious bedroom with TWO closets, including a rare oversized walk-in. The unique dual-entry floor plan provides private bedroom access in addition to the main entrance overlooking the beautifully landscaped courtyard. Community amenities include a sparkling pool, outdoor grilling areas, fob-controlled entry, bike storage and a reserved garage parking space conveniently located near the elevator. BONUS—the HOA permits 30-day rentals, offering added flexibility for owners and investors. Enjoy easy access to Lamar, Mopac, I-35, 290, 183 and 71, with UT, the Medical District and The Domain just minutes away. Surrounded by Austin’s sleek modern towers, Posada Del Rey stands apart with authentic neighborhood charm and a wonderfully friendly community. Come see it!

Property Highlights

Pool In Ground

Features

  • Bookcases
  • Built-in Features
  • Chandelier
  • Stone Counters
  • Crown Molding
  • High Speed Internet
  • Open Floorplan
  • Primary Bedroom on Main
  • 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, Tile
Cooling Central Air
Heating Central
Exterior Uncovered Courtyard, Exterior Steps, Garden, Gas Grill, Lighting, Outdoor Grill, Private Entrance, Restricted Access
County Travis
MLS # 3230506
Garage 1 spaces

HOA & Community

HOA Fee $568 /Monthly
HOA Includes Common Area Maintenance, Gas, Hot Water, Landscaping, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Sewer, Trash, Water

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This property has HOA fees of $568/monthly.

Tax Information

Annual Taxes (MLS) $6,360 (2026)

Listing History

MLS# 3230506 - Updated Sep 6, 2026 19 days (220 CDOM)
Sep 4, 2026 Off Market
Jun 11, 2026 Pending
May 21, 2026 Listed Listing Courtesy of Urbanspace - shelli@​urbanspacerealtors.com $324,999

Frequently Asked Questions About 505 W 7th ST # 113, Austin TX 78701

When was 505 W 7th ST # 113, Austin TX 78701 built?

505 W 7th ST # 113, Austin TX 78701 was built in 1964.

How much does 505 W 7th ST # 113, Austin TX 78701 cost?

505 W 7th ST # 113, Austin TX 78701 is listed for sale at $324,999. That is $495 per square foot.

How many bedrooms and bathrooms does 505 W 7th ST # 113, Austin TX 78701 have?

505 W 7th ST # 113, Austin TX 78701 has 1 bedrooms and 1 bathrooms (1 full) with 656 square feet of living space.

What school district is 505 W 7th ST # 113, Austin TX 78701 in?

505 W 7th ST # 113, Austin TX 78701 is in the Austin ISD school district. Assigned schools include Mathews (elementary), O Henry (middle), Austin (high school).

Does 505 W 7th ST # 113, Austin TX 78701 have an HOA?

Yes, 505 W 7th ST # 113, Austin TX 78701 has an HOA fee of $568 per monthly. The HOA includes common area maintenance, gas, hot water, landscaping, maintenance grounds, maintenance structure, parking, pest control, sewer, trash, water.

What are the property taxes on 505 W 7th ST # 113, Austin TX 78701?

The annual property taxes on 505 W 7th ST # 113, Austin TX 78701 are $6,360 (as of 2026).

How big is the lot at 505 W 7th ST # 113, Austin TX 78701?

The lot at 505 W 7th ST # 113, Austin TX 78701 is 0.009 acres, and the home has 656 square feet of living space.

What type of property is 505 W 7th ST # 113, Austin TX 78701?

505 W 7th ST # 113, Austin TX 78701 is a residential property.

Does 505 W 7th ST # 113, Austin TX 78701 have a garage?

Yes, 505 W 7th ST # 113, Austin TX 78701 has a 1-car garage.

Does 505 W 7th ST # 113, Austin TX 78701 have a pool?

Yes, 505 W 7th ST # 113, Austin TX 78701 has a pool. Pool features include in ground.

What subdivision is 505 W 7th ST # 113, Austin TX 78701 in?

505 W 7th ST # 113, Austin TX 78701 is located in the Posada Del Rey Condo subdivision in Austin, TX.

How long was 505 W 7th ST # 113, Austin TX 78701 on the market?

505 W 7th ST # 113, Austin TX 78701 was on the market for 19 days, listed on May 21, 2026.

What heating and cooling does 505 W 7th ST # 113, Austin TX 78701 have?

505 W 7th ST # 113, Austin TX 78701 has central heating and central air cooling.

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