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Condo for sale at 505 W 7th Street #113, Austin, TX 78701 | MLS# 3230506 | Listing updated on 2026-11-05
Photo 1 of Condo for sale at 505 W 7th Street #113, Austin, TX 78701 | MLS# 3230506 | Listing updated on 2026-11-05
Photo 2 of Condo for sale at 505 W 7th Street #113, Austin, TX 78701 | MLS# 3230506 | Listing updated on 2026-11-05
Photo 3 of Condo for sale at 505 W 7th Street #113, Austin, TX 78701 | MLS# 3230506 | Listing updated on 2026-11-05
Photo 4 of Condo for sale at 505 W 7th Street #113, Austin, TX 78701 | MLS# 3230506 | Listing updated on 2026-11-05
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$299,000

Monthly Est:$1,488

  • Beds Icon1 Bed
  • Beds Icon
    1 Bath
  • Beds Icon656sqft

505 W 7th Street #113, Austin, TX 78701

$1,488/moEst:

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  • Condominium

  • Built in 1964

  • $568/mo HOA

  • 392.04 sqft lot

  • $456/sq.ft

Description

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!

  • Houzeo last checked: 6 minutes ago
  • Listing updated: November 5, 2026 at 9:52 pm
  • Listing Provided by: Shelli Pauly (512) 507-3355 | Urbanspace (512) 457-8884
  • Source: Unlock MLS-TX as distributed by MLS GRID | MLS#: 3230506 Unlock MLS-TX as distributed by MLS GRID

This condo is in:

Property Details

  • Status

    Active

  • Type

    Condominium

  • No. of Stories

    -

  • County

    Travis County

  • City

    Austin

  • Neighborhood

    Downtown

  • Year Built

    1964

  • HOA Fees

    $568/mo

  • Finished Area

    656 sqft

  • Lot Size

    392.04 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Unlock MLS

  • MLS Number

    3230506

  • MLS Status

    Active

  • Days on Market

    168

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Location

HOA Management

Posada del Rey HOA

HOA Fees

$568/ Monthly

Amenities

Amenities and services may be covered by one or multiple associations and service providers.

Parking Parking

Pest Control Pest Control

Lawn Care Lawn Care

Gas Gas

Sewer Sewer

Trash Pickup Trash Pickup

Maintenance Maintenance

Water Water

Common Area Maintenance Common Area Maintenance

Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: 1

    Bathroom: 1

Interior

  • Flooring

    Laminate, Tile

  • Heating

    Central

  • 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)

  • Exterior Features

    Uncovered Courtyard, Exterior Steps, Garden, Gas Grill, Lighting, Outdoor Grill, Private Entrance, Restricted Access

  • Window Features

    Blinds, Energy Star Qualified Windows, Insulated Windows, Screens, Triple Pane Windows

  • Appliances

    Dishwasher, Disposal, Gas Cooktop, Microwave, Oven, Free Standing Range, Free Standing Gas Range

  • Cooling

    Central Air

  • Sewer

    Public Sewer

Construction

  • Year Built

    Year Built: 1964

  • Home type

    Condominium

  • Construction Materials

    Stucco

  • Foundation Details

    Slab

  • Property Condition

    Resale

  • Roof

    Composition, Mixed, Rubber, Spanish Tile

Utilities & Energy

  • Utilities

    Electricity Available, High Speed Internet, Natural Gas Connected, Sewer Connected, Water Connected

  • Security Features

    Building Security, Closed Circuit Camera(s), Key Card Entry, Secured Garage/parking, Security Fence, Security Lights, Smoke Detector(s)

  • Fireplace Features

    Living Room, Wood Burning

  • Pool Features

    In Ground

  • Water Source

    Public

  • Parking Features

    Assigned, Electric Gate, Garage, Garage Door Opener, Oversized, Secured

Other Features

  • Subdivision Name

    Posada Del Rey Condo Amd

  • Community Features

    Bbq Pit/grill, Bike Storage/locker, Cluster Mailbox, Common Grounds, Controlled Access, Courtyard, Garage Parking, Gated, High Speed Internet, Laundry Room, Maintenance On Site, Pool, Tenant Access Cargo Elevator, Trail(s)

  • Disclosures

    Seller Disclosure

  • Lot Features

    Garden, Trees Large (over 40 Ft), Trees Medium (20 Ft 40 Ft), Views

  • Patio And Porch Features

    Porch

Price History

DateEventPrice

11/05/2026

Source: mls_logoUnlock MLS-TX as distributed by MLS GRID #ACT3230506

Listed for Sale

$299,000 -7.97%

$456/sqft

05/15/2026

Source: mls_logoUnlock MLS-TX as distributed by MLS GRID #ACT7042319

Listing Removed

$324,900

$495/sqft

03/31/2026

Source: mls_logoUnlock MLS-TX #ACT7042319

Listed for Sale

$324,900 -7.17%

$495/sqft

03/11/2026

Source: mls_logoUnlock MLS-TX as distributed by MLS GRID #ACT2331901

Listing Removed

$349,999 +37.25%

$534/sqft

04/15/2016

Source: mls_logoUnlock MLS-TX as distributed by MLS GRID #ACT3025123

Price Increased

$255,000 +16.49%

$389/sqft

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Downtown Ranks #5 in Austin, TX

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Rental prices
$2,732

Rental Prices

Median Home Price
$740K

Median Home Price

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Based on information submitted to the MLS GRID from Unlock MLS through Nov 07, 2026, 03:45AM. All information provided is deemed reliable but is not guaranteed and should be independently verified. Unlock MLS and its affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. © 2026 Unlock MLS. All Rights Reserved.

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