505 W 7th ST # 308, Austin TX 78701

Austin, TX 78701 | Posada Del Rey Condo

$349,900 $494/sqft
1 Beds
1 Baths 1 Full
709 Sq Ft
0.0101 Acres
1964 Built
1 Garage

About This Property

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Rare third-floor residence in Posada Del Rey, a boutique Spanish-inspired condominium community in the heart of Downtown Austin. This move-in-ready one-bedroom home offers an open, thoughtfully designed layout featuring diagonal tile flooring, a wood-burning fireplace with handcrafted Spanish tile, custom built-in shelving, a well-appointed galley kitchen with gas cooking, generous counter space, an updated bathroom, dual bedroom closets, and assigned garage parking. Residents enjoy controlled access, elevator service, beautifully landscaped courtyards, and a resort-style pool that provide a peaceful retreat just moments from the city's vibrant urban core. Whole Foods Market, Trader Joe's, the Austin Central Library, Seaholm District, Republic Square, Lady Bird Lake, and the restaurants and nightlife of West Sixth are all within easy reach. Whether you're seeking a primary residence or a lock-and-leave downtown retreat, this distinctive home combines timeless architectural character, everyday functionality, and one of Austin's most walkable and desirable locations.

Property Highlights

Pool In Ground, Outdoor Pool
View City, City Lights, Downtown, Panoramic, Pool, Skyline

Features

  • Bookcases
  • Built-in Features
  • Ceiling Fan(s)
  • Stone Counters
  • Eat-in Kitchen
  • High Speed Internet
  • Open Floorplan
  • Pantry
  • 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 Tile
Cooling Ceiling Fan(s), Central Air
Heating Ceiling
Fireplace Family Room, Raised Hearth, Wood Burning
Exterior Garden, Gutters Partial, Lighting, Outdoor Grill, Private Entrance, Restricted Access
County Travis
MLS # 4283227
Garage 1 spaces
Parking 1 spaces: Assigned, Drive Through, Garage
Security 24 Hour Security, Closed Circuit Camera(s), Fire Alarm, Fire Sprinkler System, Firewall(s), Key Card Entry, Secured Garage/Parking, Security Fence, Smoke Detector(s)

Lot, Outdoor & Utilities

Lot Features City Lot, Curbs, Garden, Landscaped, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft), Views
Fencing Fenced, Gate, Security, Wrought Iron
Water Public
Sewer Public Sewer
Utilities Electricity Connected, Internet-Fiber, Natural Gas Connected, Sewer Connected, Water Connected

HOA & Community

HOA Fee $568 /Monthly
HOA Name Posada Del Rey Condominium Association
HOA Includes Common Area Maintenance, Gas, Hot Water, Landscaping, Maintenance Grounds, Parking, Pest Control, Sewer, Trash, Water
Community Features BBQ Pit/Grill, Bike Storage/Locker, Cluster Mailbox, Common Grounds, Controlled Access, Courtyard, Covered Parking, Curbs, Gated, High Speed Internet, Laundry Facility(s), Maintenance On-Site, Pool, Sidewalks, Street Lights, 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) $6,832 (2026)
Assessed Value $418,978
Exemptions None

Sale Terms & Disclosures

Financing Accepted Cash, Conventional
Sale Type Estate
Possession Close Of Escrow, Funding
Disclosures Lead Base Paint Addendum, Seller Disclosure

Listing History

MLS# 4283227 - Updated Oct 12, 2026 44 days
Jun 5, 2026 Listed Listing Courtesy of Compass RE Texas, LLC - mikeeaster@​realtyaustin.com $349,900

Frequently Asked Questions About 505 W 7th ST # 308, Austin TX 78701

When was 505 W 7th ST # 308, Austin TX 78701 built?

505 W 7th ST # 308, Austin TX 78701 was built in 1964. It is stucco construction with 709 square feet on a 0.0101 acre lot.

How much does 505 W 7th ST # 308, Austin TX 78701 cost?

505 W 7th ST # 308, Austin TX 78701 is listed for sale at $349,900. That is $494 per square foot.

How many bedrooms and bathrooms does 505 W 7th ST # 308, Austin TX 78701 have?

505 W 7th ST # 308, Austin TX 78701 has 1 bedrooms and 1 bathrooms (1 full) with 709 square feet of living space.

What school district is 505 W 7th ST # 308, Austin TX 78701 in?

505 W 7th ST # 308, 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 # 308, Austin TX 78701 have an HOA?

Yes, 505 W 7th ST # 308, Austin TX 78701 has an HOA fee of $568 per monthly. The HOA includes common area maintenance, gas, hot water, landscaping, maintenance grounds, parking, pest control, sewer, trash, water.

What are the property taxes on 505 W 7th ST # 308, Austin TX 78701?

The annual property taxes on 505 W 7th ST # 308, Austin TX 78701 are $6,832 (as of 2026). The tax assessed value is $418,978.

How big is the lot at 505 W 7th ST # 308, Austin TX 78701?

The lot at 505 W 7th ST # 308, Austin TX 78701 is 0.0101 acres, and the home has 709 square feet of living space.

What type of property is 505 W 7th ST # 308, Austin TX 78701?

505 W 7th ST # 308, Austin TX 78701 is a residential property on a slab foundation.

Does 505 W 7th ST # 308, Austin TX 78701 have a garage?

Yes, 505 W 7th ST # 308, Austin TX 78701 has a 1-car garage. Parking features include assigned, drive through, garage.

Does 505 W 7th ST # 308, Austin TX 78701 have a pool?

Yes, 505 W 7th ST # 308, Austin TX 78701 has a pool. Pool features include in ground, outdoor pool.

What subdivision is 505 W 7th ST # 308, Austin TX 78701 in?

505 W 7th ST # 308, 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, covered parking, curbs, gated, high speed internet, laundry facility(s), maintenance on-site, pool, sidewalks, street lights, tenant access cargo elevator.

How long was 505 W 7th ST # 308, Austin TX 78701 on the market?

505 W 7th ST # 308, Austin TX 78701 was on the market for 44 days, listed on June 5, 2026.

What heating and cooling does 505 W 7th ST # 308, Austin TX 78701 have?

505 W 7th ST # 308, Austin TX 78701 has ceiling heating and ceiling fan(s), central air cooling.

What are the roof and foundation at 505 W 7th ST # 308, Austin TX 78701?

The listing reports a composition, mixed, rubber, spanish tile roof and a slab foundation at 505 W 7th ST # 308, Austin TX 78701.

What financing does the seller of 505 W 7th ST # 308, Austin TX 78701 accept?

The listing says the seller accepts cash, conventional financing.

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