For Sale Condo MLS# ACT3230506

505 W 7th St #113

Austin, TX 78701

$324,999

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Take the tour

About 505 W 7th St #113

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!

Property details

Property

Type
Condominium
MLS type
Residential
Status
Active
Year built
1964
Stories
One
Living area
656 sqft
Price / sqft
$495
Lot
0.009 AC / 392 SF
Full baths
1
Original price
$324,999
MLS #
3230506

Interior

Features
Bookcases, Built-in Features, Chandelier, Stone Counters, Crown Molding, High Speed Internet, Open Floorplan, Primary Bedroom on Main, Recessed Lighting, Two Primary Closets, Walk-In Closet(s)
Appliances
Dishwasher, Disposal, Gas Cooktop, Microwave, Oven, Free-Standing Range, Free-Standing Gas Range
Flooring
Laminate, Tile
Heating
Central
Cooling
Central Air
Fireplaces
1
Laundry
Common Area
Windows
Blinds, ENERGY STAR Qualified Windows, Insulated Windows, Screens, Triple Pane Windows

Exterior & lot

Features
Uncovered Courtyard, Exterior Steps, Garden, Gas Grill, Lighting, Outdoor Grill, Private Entrance, Restricted Access
Roof
Composition, Mixed, Rubber, Spanish Tile
Foundation
Slab
Lot
Garden, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft), Views
Patio & porch
Porch
Fence
Security, Wrought Iron
View
City Lights, Downtown, Neighborhood, Pool, Trees/Woods
Pool
In Ground
Parking
Assigned, Electric Gate, Garage, Garage Door Opener, Oversized, Secured
Garage spaces
1

Schools

District
Austin ISD
Elementary
Mathews
Middle
O Henry
High
Austin

Utilities

Utilities
Electricity Available, High Speed Internet, Natural Gas Connected, Sewer Connected, Water Connected
Water
Public
Sewer
Public Sewer
Security
Building Security, Closed Circuit Camera(s), Key Card Entry, Secured Garage/Parking, Security Fence, Security Lights, Smoke Detector(s)
Green features
Windows

Financial

HOA
Yes
Annual tax
$6,360
Tax year
2026
Parcel
02060104130023
Legal
UNT 113 POSADA DEL REY CONDOMINIUMS AMENDED PLUS 1.41% INTEREST IN COMMON AREA
Special conditions
Standard

Location

Subdivision
Posada Del Rey Condo Amd
County
Travis
Directions
Traveling east on W. 5th ST from Mopac, left on Nueces and right on W. 7th ST. See condo on your immediate right and find convenient street meter parking.

Location

Neighborhood
Posada Del Rey Condo Amd

Ask about this property

Questions on 505 W 7th St #113, or want to see it in person?

Listed by Shelli Pauly, Urbanspace

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.