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$324,999 - 505 W 7th Street 113, Austin

1
Bedrooms
1
Baths
656
SQ. Feet
0.01
Acres

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!

Essential Information

  • MLS® #:
    3230506
  • Price:
    $324,999
  • Bedrooms:
    1
  • Bathrooms:
    1.00
  • Full Baths:
    1
  • Square Footage:
    656
  • Acres:
    0.01
  • Year Built:
    1964
  • Type:
    Residential
  • Sub-Type:
    Condominium
  • Status:
    Active

Community Information

  • Address:
    505 W 7th Street 113
  • Subdivision:
    Posada Del Rey Condo Amd
  • City:
    Austin
  • County:
    Travis
  • State:
    TX
  • Zip Code:
    78701

Amenities

  • Utilities:
    Electricity Available, Fiber Optic Available, Sewer Connected, Water Connected, Natural Gas Connected
  • Features:
    Common Grounds/Area, Community Mailbox, Internet Access, Laundry Facilities, Pool, Trails/Paths, Barbecue, Bicycle Storage, Courtyard, Gated, Maintenance On-Site
  • Parking:
    Assigned, Electric Gate, Garage, Garage Door Opener, Guest, Oversized, Secured
  • # of Garages:
    1
  • Garages:
    Garage Door Opener
  • View:
    City, Trees/Woods, City Lights, Neighborhood, Pool
  • Waterfront:
    None
  • Has Pool:
    Yes

Interior

  • Interior:
    Tile, Laminate
  • Interior Features:
    Built-in Features, Chandelier, Main Level Primary, Open Floorplan, Recessed Lighting, Walk-In Closet(s), Bookcases, Crown Molding, High Speed Internet, Multiple Closets, Stone Counters
  • Appliances:
    Dishwasher, Gas Cooktop, Disposal, Microwave, Oven, Free-Standing Gas Range, Free-Standing Range
  • Heating:
    Central
  • Fireplace:
    Yes
  • # of Fireplaces:
    1
  • Fireplaces:
    Living Room, Wood Burning
  • # of Stories:
    1
  • Stories:
    One

Exterior

  • Exterior Features:
    Exterior Steps, Garden, Lighting, Outdoor Grill, Gas Grill, Private Entrance, Uncovered Courtyard
  • Lot Description:
    Trees Large Size, Trees Medium Size, Views, Garden
  • Roof:
    Composition, Mixed, Rubber, Spanish Tile
  • Construction:
    Stucco
  • Foundation:
    Slab

School Information

  • District:
    Austin ISD
  • Elementary:
    Mathews
  • Middle:
    O Henry
  • High:
    Austin

Property Listed by: Urbanspace

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from September 16th, 2026 at 11:48am CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified.