505 W 7th ST # 113 Austin TX 78701 MLS #3230506

MLS #3230506 image #0
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!
Current real estate data for Condo in Austin as of Jun 17, 2026
1,715
Condo Listed
106
Avg DOM
428
Avg $ / SqFt
$544,722
Avg List Price
Listing Provided Courtesy of Urbanspace

Property Details

Price:
$324,999
MLS #:
3230506
Status:
Active Under Contract
Beds:
1
Baths:
1
Type:
Condo
Subtype:
Condominium
Subdivision:
Posada Del Rey Condo Amd
Listed Date:
May 21, 2026
Finished Sq Ft:
656
Lot Size:
392 sqft / 0.01 acres (approx)
Year Built:
1964
PoolPosada Del Rey Condo AmdAustin IsdMathewsO HenryAustin

Schools

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

Interior

Appliances
Dishwasher, Disposal, Gas Cooktop, Microwave, Oven, Free-Standing Range, Free-Standing Gas Range
Bathrooms
1 Full Bathroom
Cooling
Central Air
Fireplaces Total
1
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, Walk-In Closet(s)
Levels
One
Main Level Bedrooms
1

Exterior

Accessibility Features
None
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
Covered Spaces
1
Direction Faces
South
Exterior Features
Uncovered Courtyard, Exterior Steps, Garden, Gas Grill, Lighting, Outdoor Grill, Private Entrance, Restricted Access
Fencing
Security, Wrought Iron
Garage Spaces
1
Lot Features
Garden, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft – 40 Ft), Views
Other Structures
None
Parking Features
Assigned, Electric Gate, Garage, Garage Door Opener, Oversized, Secured
Patio And Porch Features
Porch
Roof
Composition, Mixed, Rubber, Spanish Tile
Spa Features
None
View
City Lights, Downtown, Neighborhood, Pool, Trees/Woods
Waterfront Features
None
Window Features
Blinds, ENERGY STAR Qualified Windows, Insulated Windows, Screens, Triple Pane Windows

Financial

HOA Fee
$568
HOA Fee Frequency
Monthly
HOA Includes
Common Area Maintenance, Gas, Hot Water, Landscaping, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Sewer, Trash, Water
HOA Name
Posada del Rey HOA
Taxes
$6,360

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Property Summary

    Located in the Posada Del Rey Condo Amd subdivision, 505 W 7th ST # 113 Austin TX is a Condo for sale in Austin, TX, 78701. It is listed for $324,999 and features 1 beds, 1 baths, and has approximately 656 square feet of living space, and was originally constructed in 1964. The current price per square foot is $495. The average price per square foot for Condo listings in Austin is $428. The average listing price for Condo in Austin is $544,722. To schedule a showing of MLS#3230506 at 505 W 7th ST # 113 in Austin, TX, contact your Compass RE Texas, LLC agent at 5126982822.

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