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  • Price cut: $40K (7/8)
    $495,000

    505 W 7th St APT 102, Austin, TX 78701

    2beds
    995sqft
    : 
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    Condominium
    Built in 1964
    -- sqft lot
    $-- Zestimate®
    $497/sqft
    $777/mo HOA

    What's special

    Mature courtyardsExtensively updated first-floor condoGas cookingUpdated cabinetryStainless steel appliancesThoughtful floor planSolid surface countertops
    Beautifully updated first-floor condo in the charming Posada del Rey community, ideally situated in the heart of downtown Austin! This thoughtfully renovated 2-bedroom residence showcases updated cabinetry, solid-surface countertops, stainless steel appliances including gas cooking, modern plumbing and lighting fixtures, a custom-built primary closet, and a beautifully remodeled shower with designer tile and a frameless glass enclosure. The functional floor plan includes a full bath, a convenient ensuite half bath, and in-unit laundry for everyday comfort and convenience. Posada del Rey captures the character of old Austin with lush, mature courtyards, a sparkling community pool, gated covered parking, and low HOA dues—an increasingly rare combination in such a premier downtown location. Enjoy easy access to Whole Foods, Trader Joe’s, BookPeople, Walton’s, Republic Square Park and its renowned farmers market, along with the restaurants, coffee shops, and nightlife of West 6th Street. Just moments from the Lady Bird Lake hike-and-bike trail and the 2nd Street District, this home offers an exceptional blend of urban convenience, walkability, and the charm of a smaller, established community.
    36 days
    |
    509
    |
    24
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    Zillow last checked:

    Listing updated:

    Listed by:

    Kevin Bown (512) 658-2419,

    Twelve Rivers Realty (512) 588-1453

    Source: Unlock MLS,MLS#: 6295854MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      • Main level bedrooms: 2
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Free-Standing Gas Range, Refrigerator, Washer/Dryer
      Features
      • Ceiling Fan(s), Stone Counters, Recessed Lighting, Walk-In Closet(s)
      • Flooring: Laminate
      • Windows: Blinds
      Interior area
      • Total interior livable area: 995 sqft

      Property

      Parking
      • Parking features: Garage
      • Has garage: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Patio
      • Exterior features: Uncovered Courtyard, Exterior Steps, Garden, Gas Grill, Lighting, Outdoor Grill
      • Pool features: None
      • Fencing: Security
      • Has view: Yes
      • View description: City
      • Waterfront features: None
      Lot
      • Size: 618 Square Feet
      • Features: Garden, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft)
      Details
      • Additional structures: None
      • Parcel number: 02060104130012
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Foundation: Slab
      • Roof: Flat Tile
      Condition
      • Resale
      • New construction: No
      • Year built: 1964

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Connected, Water Connected

      Community & HOA

      Community
      • Features: BBQ Pit/Grill, Common Grounds, Courtyard, Gated, Pool
      • Subdivision: Posada Del Rey Condo Amd
      HOA
      • Has HOA: Yes
      • Services included: Common Area Maintenance
      • HOA fee: $777 monthly
      • HOA name: Posada del Rey HOA
      Location
      • Region: Austin

      Financial & listing details

      • Price per square foot: $497/sqft
      • Tax assessed value: $389,626
      • Annual tax amount: $11,305
      • Date on market: 6/12/2026
      • Listing terms: Cash,Conventional
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/8/2026Price change$495,000-7.5%$497/sqft
        Source: Unlock MLS #6295854 Report a problem
        6/12/2026Listed for sale$535,000+91.8%$538/sqft
        Source: Unlock MLS #6295854 Report a problem
        2/25/2021Listing removed--
        Source: Owner Report a problem
        8/8/2020Listing removed$2,500$3/sqft
        Source: Owner Report a problem
        6/20/2020Listed for rent$2,500$3/sqft
        Source: Owner Report a problem
        5/5/2010Sold--
        Source: Agent Provided Report a problem
        4/3/2010Listed for sale$279,000$280/sqft
        Source: Eric Copper #7016461 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2021-- $389,626 +2.7%
        2020$8,423 $379,400
        2019-- $379,400 +6.4%
        2018$6,450 $356,575 +10%
        2017$6,450 -14.3%$324,159 +4.4%
        2016$7,527 $310,436 -1.8%
        2015$7,527 $316,283
        2014$7,527 $316,283 +25.1%
        2013-- $252,754 -15%
        2012-- $297,283 +16.5%
        2011-- $255,085 +3.1%
        2010-- $247,424
        2009-- $247,424 +8.8%
        2008-- $227,484 +27.7%
        2007-- $178,155 +10%
        2006-- $161,959
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Downtown

        Getting around

        98 / 100
        Walker's Paradise
        68 / 100
        Good Transit
        88 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Mathews
        • Middle: O Henry
        • High: Austin
        • District: Austin ISD

        Source: Unlock MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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