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

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ATTENTION: No HOA leasing permit required and 30-day rentals are allowed—offering rare flexibility for owners and investors! This is the downtown dream! Check out this Spanish hacienda-style boutique community in the heart of Austin’s energetic Market District. This beautifully remodeled 1-bed 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. 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
View City Lights, Downtown, Neighborhood, Pool, Trees/Woods

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
Construction Stucco
Roof Composition, Mixed, Rubber, Spanish Tile
Foundation Slab
Levels One
Flooring Laminate, Tile
Cooling Central Air
Heating Central
Fireplace Living Room, Wood Burning
Exterior Uncovered Courtyard, Exterior Steps, Garden, Gas Grill, Lighting, Outdoor Grill, Private Entrance, Restricted Access
County Travis
MLS # 3230506
Garage 1 spaces
Parking 1 spaces: Assigned, Electric Gate, Garage, Garage Door Opener, Oversized, Secured
Windows Blinds, ENERGY STAR Qualified Windows, Insulated Windows, Screens, Triple Pane Windows
Security Building Security, Closed Circuit Camera(s), Key Card Entry, Secured Garage/Parking, Security Fence, Security Lights, Smoke Detector(s)

Lot, Outdoor & Utilities

Lot Features Garden, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft), Views
Patio & Porch Porch
Fencing Security, Wrought Iron
Water Public
Sewer Public Sewer
Utilities Electricity Available, Internet-Fiber, Natural Gas Connected, Sewer Connected, Water Connected

HOA & Community

HOA Fee $568 /Monthly
HOA Name Posada del Rey HOA
HOA Includes Common Area Maintenance, Gas, Hot Water, Landscaping, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Sewer, Trash, Water
Community Features BBQ Pit/Grill, Bike Storage/Locker, Cluster Mailbox, Common Grounds, Controlled Access, Courtyard, Garage Parking, Gated, High Speed Internet, Laundry Facility(s), Maintenance On-Site, Pool, Tenant Access Cargo Elevator

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* Estimate only. Does not include HOA fees, PMI, or other costs.
This property has HOA fees of $568/monthly.

Tax Information

Annual Taxes (MLS) $6,360 (2026)
Assessed Value $376,140
Exemptions None

Sale Terms & Disclosures

Financing Accepted Cash, Conventional
Sale Type Standard
Possession Close Of Escrow, Funding
Disclosures Seller Disclosure

Listing History

MLS# 3230506 - Updated Oct 31, 2026 35 days (236 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. It is stucco construction with 656 square feet on a 0.009 acre lot.

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). The tax assessed value is $376,140.

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 on a slab foundation.

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. Parking features include assigned, electric gate, garage, garage door opener, oversized, secured.

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. Community features include bbq pit/grill, bike storage/locker, cluster mailbox, common grounds, controlled access, courtyard, garage parking, gated, high speed internet, laundry facility(s), maintenance on-site, pool, tenant access cargo elevator.

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 35 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.

What are the roof and foundation at 505 W 7th ST # 113, Austin TX 78701?

The listing reports a composition, mixed, rubber, spanish tile roof and a slab foundation at 505 W 7th ST # 113, Austin TX 78701.

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