505 W 7th ST # 106, Austin TX 78701

Austin, TX 78701 | Posada Del Rey Condo

Ed's Opinion of Value

$261,529 Ed's Estimate: $347,348 $574,000
Lowest Comp Recommended List: $296,000 to $306,000 Highest Comp
Based on 7 closed sales in POSADA DEL REY CONDO, the data points to a value around $347,348 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $296,000 to $306,000. This would position the home competitively among 7 active listings in POSADA DEL REY CONDO. Being built in 1964 (5 years older than comps) is factored into the value estimate. Buyers in POSADA DEL REY CONDO have 7 comparable options right now, with asking prices between $309,000 and $574,000. Market data shows 78701 prices fallen 23.9% over the last half year. The closest comparable sale, 505 W 7th ST # 108, Austin TX 78701 at an adjusted $261,529, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus
1 Beds
1 Baths 1 Full
615 Sq Ft
0.0087 Acres
1964 Built
1 Garage

About This Property

Experience downtown living at its finest in this charming and cozy condo.

-Ground-floor entry with screen door offers easy street access while providing additional security.
-Carpet-free living for easy maintenance.
-Spacious bedroom featuring a wide window for natural light.
-Efficiently designed kitchen with tile backsplash and ample cabinet space.
-Dedicated parking included (1 space)
-Laundry amenities available within the condominium complex.

Location Highlights:

-Part of Posada del Rey Condos, featuring a community pool, BBQ pit/grill, and courtyard area.
-Easy access to Congress Avenue and I 35 for quick commutes throughout the city.
-Within walking distance of Ranch616, Whole Foods, The Wine Merchant, Republic Square Park; Near Lady Bird Lake trails, plus coffee shops, restaurants, and other local conveniences.

Tenant pays utilities. Pets allowed. Absolutely no smoking. Professionally managed.

Features

  • Stone Counters

Location

Schools

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

Property Details

Property Type Residential Lease
Flooring Tile
Cooling Central Air
Exterior Barbecue, Uncovered Courtyard, Outdoor Grill
County Travis
MLS # 6587896

Parking

Garage 1 spaces

Listing History

MLS# 6587896 123 days
Jan 8, 2024 Off Market
Sep 7, 2023 Listed $1,600

Frequently Asked Questions About 505 W 7th ST # 106, Austin TX 78701

When was 505 W 7th ST # 106, Austin TX 78701 built?

505 W 7th ST # 106, Austin TX 78701 was built in 1964.

How much does 505 W 7th ST # 106, Austin TX 78701 cost?

505 W 7th ST # 106, Austin TX 78701 sold on January 8, 2024. Contact us for sale price details.

Similar Properties

Browse More Properties

Request Tour

Contact Agent

Interested in this property?

Get more information or schedule a tour

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.