Live the downtown dream in this Spanish hacienda-style boutique community in the heart of the energetic Market District. You will adore this remodeled 1/1 condo at Posada Del Rey that blends warm character with exceptional walkability just steps from Lady Bird Lake, Whole Foods, Trader Joe’s, Austin’s finest restaurants, coffee, nightlife, live music, festivals, parks, fitness, shopping and more! Interior highlights include an open living/dining layout with a tiled cozy fireplace, hardwoods throughout, updated tiled shower and a spacious bedroom featuring TWO closets, including a rare large walk-in closet. The unique dual-entry floor plan offers private bedroom access in addition to a main entrance opening onto the beautifully landscaped courtyard. Community amenities feature a sparkling pool, outdoor grilling areas, fob controlled entry, bike storage and a reserved garage parking space conveniently located near the elevator. BONUS - the HOA permits 30-day rentals, creating added flexibility for both owners and investors. Location is easily accessible to Lamar, Mopac, I35, 290, 183 and 71. Minutes to UT, The Domain and Med Center. Surrounded by Austin’s sleek modern towers, Posada Del Rey stands out with authentic neighborhood charm and a wonderful friendly community. Come check it out!
Active under contract
$324,999
505 W 7th St APT 113, Austin, TX 78701
1beds
656sqft
Condominium
Built in 1964
-- sqft lot
$-- Zestimate®
$495/sqft
$568/mo HOA
What's special
Sparkling poolTiled cozy fireplaceHardwoods throughoutOutdoor grilling areasUnique dual-entry floor planRare large walk-in closetUpdated tiled shower
- 44 days |
- 108 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Shelli Pauly (512) 457-8884,
Urbanspace (512) 457-8884
Source: Unlock MLS,MLS#: 3230506
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 1
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Gas Cooktop, Microwave, Oven, Free-Standing Range, Free-Standing Gas Range
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)
- Flooring: Laminate, Tile
- Windows: Blinds, ENERGY STAR Qualified Windows, Insulated Windows, Screens, Triple Pane Windows
- Number of fireplaces: 1
- Fireplace features: Living Room, Wood Burning
Interior area
- Total interior livable area: 656 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Assigned, Electric Gate, Garage, Garage Door Opener, Oversized, Secured
- Garage spaces: 1
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch
- Exterior features: Uncovered Courtyard, Exterior Steps, Garden, Gas Grill, Lighting, Outdoor Grill, Private Entrance, Restricted Access
- Has private pool: Yes
- Pool features: In Ground
- Spa features: None
- Fencing: Security, Wrought Iron
- Has view: Yes
- View description: City Lights, Downtown, Neighborhood, Pool, Trees/Woods
- Waterfront features: None
Lot
- Size: 392 Square Feet
- Features: Garden, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft), Views
Details
- Additional structures: None
- Parcel number: 02060104130023
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Foundation: Slab
- Roof: Composition, Mixed, Rubber, Spanish Tile
Condition
- Resale
- New construction: No
- Year built: 1964
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Internet-Fiber, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
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
- Subdivision: Posada Del Rey Condo Amd
HOA
- Has HOA: Yes
- Services included: Common Area Maintenance, Gas, Hot Water, Landscaping, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Sewer, Trash, Water
- HOA fee: $568 monthly
- HOA name: Posada del Rey HOA
Location
- Region: Austin
Financial & listing details
- Price per square foot: $495/sqft
- Tax assessed value: $376,140
- Annual tax amount: $6,359
- Date on market: 5/22/2026
- 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 |
|---|---|---|
| 6/11/2026 | Contingent | $324,999$495/sqft |
Source:  Unlock MLS #3230506 Report a problem | ||
| 5/22/2026 | Listed for sale | $324,999+0%$495/sqft |
Source: Unlock MLS #3230506 Report a problem | ||
| 5/14/2026 | Listing removed | $324,900$495/sqft |
Source: Unlock MLS #7042319 Report a problem | ||
| 3/31/2026 | Price change | $324,900-7.1%$495/sqft |
Source: Unlock MLS #7042319 Report a problem | ||
| 3/21/2026 | Listed for sale | $349,9000%$533/sqft |
Source: Unlock MLS #7042319 Report a problem | ||
| 3/11/2026 | Listing removed | $349,999$534/sqft |
Source: Unlock MLS #2331901 Report a problem | ||
| 1/12/2026 | Listed for sale | $349,999$534/sqft |
Source: Unlock MLS #2331901 Report a problem | ||
| 1/1/2026 | Listing removed | $349,999$534/sqft |
Source: Unlock MLS #9458647 Report a problem | ||
| 10/18/2025 | Listed for sale | $349,999$534/sqft |
Source: Unlock MLS #9458647 Report a problem | ||
| 9/29/2025 | Pending sale | $349,999$534/sqft |
Source: Unlock MLS #9458647 Report a problem | ||
| 9/11/2025 | Listed for sale | $349,999+59.2%$534/sqft |
Source: Unlock MLS #9458647 Report a problem | ||
| 4/17/2012 | Listing removed | $219,900$335/sqft |
Source: Amelia Bullock Realtors #9478007 Report a problem | ||
| 4/3/2012 | Pending sale | $219,900$335/sqft |
Source: Amelia Bullock Realtors #9478007 Report a problem | ||
| 3/25/2012 | Listed for sale | $219,900$335/sqft |
Source: Amelia Bullock Realtors #9478007 Report a problem | ||
| 7/28/2009 | Sold | -- |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,698 +3.3% | $376,140 |
| 2024 | $7,454 -3% | $376,140 -11.4% |
| 2023 | $7,683 | $424,663 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
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Climate risks
Neighborhood: Downtown
Nearby schools
GreatSchools rating
- 10/10Mathews Elementary SchoolGrades: PK-6Distance: 1 mi
- 6/10O Henry Middle SchoolGrades: 6-8Distance: 1.9 mi
- 7/10Austin High SchoolGrades: 9-12Distance: 1.2 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Texas
- Travis County
- Austin
- 78701
- Downtown
- 505 W 7th St Apartment 113
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