ATTENTION: No HOA leasing permit required and 30-day rentals are allowed—offering rare flexibility for owners and investors! This is the downtown dream! Check out this Spanish hacienda-style boutique community in the heart of Austin’s energetic Market District. This beautifully remodeled 1-bed condo at Posada Del Rey blends warm character with unbeatable walkability—just steps from Lady Bird Lake, Whole Foods, Trader Joe’s, acclaimed restaurants, coffee shops, nightlife, live music, festivals, parks, fitness studios, shopping and more! Interior highlights include an open living and dining layout with a cozy tiled fireplace, hardwood floors throughout, an updated tiled shower and a spacious bedroom with TWO closets, including a rare oversized walk-in. The unique dual-entry floor plan provides private bedroom access in addition to the main entrance overlooking the beautifully landscaped courtyard. Community amenities include a sparkling pool, outdoor grilling areas, fob-controlled entry, bike storage and a reserved garage parking space conveniently located near the elevator. Enjoy easy access to Lamar, Mopac, I-35, 290, 183 and 71, with UT, the Medical District and The Domain just minutes away. Surrounded by Austin’s sleek modern towers, Posada Del Rey stands apart with authentic neighborhood charm and a wonderfully friendly community. Come see it!
Active
$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 areasSpacious bedroomUnique dual-entry floor planRare large walk-in closet
- 30 days
- 368
- 32
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: 9/4/2026
- 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 |
|---|---|---|
| 9/5/2026 | Listed for sale | $324,999$495/sqft |
Source: | ||
| 8/28/2026 | Listing removed | $324,999$495/sqft |
Source: | ||
| 6/11/2026 | Contingent | $324,999$495/sqft |
Source: | ||
| 5/22/2026 | Listed for sale | $324,999+0%$495/sqft |
Source: | ||
| 5/14/2026 | Listing removed | $324,900$495/sqft |
Source: | ||
| 3/31/2026 | Price change | $324,900-7.1%$495/sqft |
Source: | ||
| 3/21/2026 | Listed for sale | $349,9000%$533/sqft |
Source: | ||
| 3/11/2026 | Listing removed | $349,999$534/sqft |
Source: | ||
| 1/12/2026 | Listed for sale | $349,999$534/sqft |
Source: | ||
| 1/1/2026 | Listing removed | $349,999$534/sqft |
Source: | ||
| 10/18/2025 | Listed for sale | $349,999$534/sqft |
Source: | ||
| 9/29/2025 | Pending sale | $349,999$534/sqft |
Source: | ||
| 9/11/2025 | Listed for sale | $349,999+59.2%$534/sqft |
Source: | ||
| 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
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
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.






