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.
Active
Price cut: $40K (7/8)
$495,000
505 W 7th St APT 102, Austin, TX 78701
2beds
995sqft
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
- 82 days
- 355
- 13
Zillow last checked:
Listing updated:
Listed by:
Kevin Bown (512) 658-2419,
Twelve Rivers Realty (512) 588-1453
Source: Unlock MLS,MLS#: 6295854
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
| Date | Event | Price |
|---|---|---|
| 7/8/2026 | Price change | $495,000-7.5%$497/sqft |
Source: | ||
| 6/12/2026 | Listed for sale | $535,000+91.8%$538/sqft |
Source: | ||
| 2/25/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 8/8/2020 | Listing removed | $2,500$3/sqft |
Source: Owner Report a problem | ||
| 6/20/2020 | Listed for rent | $2,500$3/sqft |
Source: Owner Report a problem | ||
| 5/5/2010 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 4/3/2010 | Listed for sale | $279,000$280/sqft |
Source: Eric Copper #7016461 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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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Neighborhood: Downtown
Nearby schools
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.








