MLS# 3230506 – 505 W 7th Street #113, Austin, TX 78701

$324,999 - 1Br/1Ba - for Sale in Posada Del Rey Condo Amd, Austin
Price: $324,999
Beds: 1
Baths: 1
Living Area SqFt: 656
Status: Active
Property Type: Condominium
Lot Size Acres: 0.01
Lot Size SqFt: 392
Year Built: 1964
Neighborhood: Posada Del Rey Condo Amd
Days on Website: 113

Property listed by Urbanspace 512-457-8884 {attribution_contact}

Property 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!

Open House

Property Details and Features

  • Appliances & Equipment
  • Dishwasher
  • FreeStandingGasRange
  • FreeStandingRange
  • GasCooktop
  • Disposal
  • Microwave
  • Oven
  • Bathrooms
  • 1 total bathroom
  • 1 full bathroom
  • Bedrooms
  • 1 total bedroom
  • 1 main level bedroom
  • Building
  • Built in 1964
  • Living area: 656.0
  • Building faces South
  • Levels: One
  • Construction Materials: Stucco
  • Community
  • Barbecue
  • BicycleStorage
  • CommonGroundsArea
  • CommunityMailbox
  • Courtyard
  • Gated
  • InternetAccess
  • LaundryFacilities
  • MaintenanceOnSite
  • Pool
  • TrailsPaths
  • Disclosures
  • SellerDisclosure
  • RestrictedPropertyAccess
  • Accessibility Features
  • None
  • Energy Saving
  • Energy Efficiency: Windows
  • Exterior Features
  • ExteriorSteps
  • Garden
  • GasGrill
  • Lighting
  • OutdoorGrill
  • PrivateEntrance
  • UncoveredCourtyard
  • Fence
  • Security
  • WroughtIron
  • Fireplaces
  • 1 fireplace
  • LivingRoom
  • WoodBurning
  • Floors
  • Laminate
  • Tile
  • Foundation
  • Slab
  • Garage
  • 1 spaces
  • Heating
  • Central
  • Home Owner’s Association
  • Association Fee: $568
  • Fee Frequency: Monthly
  • Fee Includes: CommonAreaMaintenance, Gas, HotWater, MaintenanceGrounds, MaintenanceStructure, Parking, PestControl, Sewer, Trash, Water
  • Interior Features
  • Bookcases
  • BuiltInFeatures
  • Chandelier
  • CrownMolding
  • MainLevelPrimary
  • MultipleClosets
  • OpenFloorplan
  • StoneCounters
  • RecessedLighting
  • WalkInClosets
  • HighSpeedInternet
  • Laundry
  • CommonArea
  • Listing
  • Listing ID: 3230506
  • Standard Status: Active
  • MLS Status: Active
  • Property Subtype: Condominium
  • On market as of 2026-05-21
  • 23 days on market
  • Special Conditions: Standard
  • Location
  • Subdivision: Posada Del Rey Condo Amd
  • MLS Area (Major): DT
  • County/Parish: Travis
  • Lot
  • 0.009 acres
  • Garden
  • TreesLargeSize
  • TreesMediumSize
  • Views
  • Parking
  • 1 covered spaces
  • Assigned
  • ElectricGate
  • Garage
  • GarageDoorOpener
  • Oversized
  • Secured
  • Guest
  • Pool
  • InGround
  • Community
  • Possession
  • ClosingAndFunding
  • CloseOfEscrow
  • Property
  • Resale
  • CityLights
  • City
  • Neighborhood
  • Pool
  • TreesWoods
  • Roof
  • Composition
  • Mixed
  • Rubber
  • SpanishTile
  • Schools
  • Elementary School: Mathews
  • Elementary School District: Austin ISD
  • Middle School: O Henry
  • Middle School District: Austin ISD
  • High School: Austin
  • High School District: Austin ISD
  • Sewer
  • PublicSewer
  • Taxes
  • Parcel Number: 02060104130023
  • Annual Amount: $6,359.68
  • Assessed Value: $376,140
  • Legal Description: UNT 113 POSADA DEL REY CONDOMINIUMS AMENDED PLUS 1.41% INTEREST IN COMMON AREA
  • Lot: 113
  • Year: 2026
  • Utilities
  • ElectricityAvailable
  • FiberOpticAvailable
  • NaturalGasConnected
  • SewerConnected
  • WaterConnected
  • Water Source: Public

Property Map

$324,999 – 505 W 7th Street #113, Austin, TX 78701

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