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

1
Bedrooms
1
Baths
666
SQ. Feet
0.01
Acres

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!

Essential Information

  • MLS® #:
    3230506
  • Price:
    $324,999
  • Bedrooms:
    1
  • Bathrooms:
    1.00
  • Full Baths:
    1
  • Square Footage:
    666
  • 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, Natural Gas Connected, Sewer Connected, Water Connected
  • Features:
    Barbecue, Common Grounds/Area, Community Mailbox, Gated, Internet Access, Pool, Trails/Paths, Bicycle Storage, Courtyard, Laundry Facilities, Maintenance On-Site
  • Parking:
    Assigned, Garage, Garage Door Opener, Oversized, Guest, Electric Gate, Secured
  • # of Garages:
    1
  • Garages:
    Garage Door Opener
  • View:
    City, Neighborhood, Pool, Trees/Woods, City Lights
  • Waterfront:
    None
  • Has Pool:
    Yes

Interior

  • Interior:
    Laminate, Tile
  • Appliances:
    Dishwasher, Free-Standing Gas Range, Free-Standing Range, Gas Cooktop, Disposal, Microwave, Oven
  • Heating:
    Central
  • Fireplace:
    Yes
  • # of Fireplaces:
    1
  • Fireplaces:
    Living Room, Wood Burning
  • # of Stories:
    1
  • Stories:
    One

Exterior

  • Exterior Features:
    Exterior Steps, Garden, Gas Grill, Lighting, Private Entrance, Outdoor Grill, 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 May 21st, 2026 at 11:15pm 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.