505 W 7th ST 115, Austin, TX 78701
Posada Del Rey Condo Amd · Travis County
Key Facts
Description
Experience the best of downtown Austin living in this beautifully maintained one-story corner condominium, ideally located in the heart of the city. Offering exceptional walkability to Austin’s premier dining, entertainment, shopping, and cultural destinations, this residence combines urban convenience with a welcoming community atmosphere. This rare corner unit enjoys natural light from three sides and features only one shared wall, creating a bright, private, and comfortable living environment. Inside, you'll find an open-concept layout with timeless finishes, including granite countertops throughout, durable tile flooring, and tile baseboards that make maintenance effortless. The spacious bedroom, inviting living area, and well-appointed kitchen provide a functional and stylish space for everyday living. Residents enjoy secure key-fob access, gated entry, and reserved underground parking for added peace of mind. The intimate community offers a true neighborhood feel with a beautifully landscaped courtyard, resort-style pool, and outdoor grilling areas perfect for relaxing or entertaining. Additional conveniences include on-site laundry facilities and newly installed energy-efficient windows that enhance comfort and efficiency. Whether you're seeking a full-time residence, lock-and-leave lifestyle, or downtown retreat, this move-in-ready condo delivers privacy, security, and unbeatable access to everything Austin has to offer.
Property Information
Property Type
Residential
Sub-Type
Condominium
Style
1st Floor Entry / Elevator / End Unit / Mid Rise (4-7 Stories) / Single level Floor Plan
Year Built
1964
Living Area
615 sq ft
Lot Size
0.01 acres
Garage Spaces
1
Parking Spaces
1
Ownership
Common
MLS® Listing#
5384911
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Flooring
Pool
Parking
Laundry
Patio
Fencing
Lot Features
Construction
Foundation
Roof
Windows
Security
Other Structures
Community
Utilities
Sewer
Water Source
Rooms
- Main
- KitchenMain
Schools
- Elementary:
- Mathews
- Middle:
- O Henry
- High:
- Austin
Financial Details
HOA
$571 / Monthly
Posada Del Rey HOA
Annual Taxes
$6,064
Tax year 2026
Assessed Value
$356,104
Parcel Number
02060104130025
Directions
From I-35, take the exit for 6th–8th Street/Downtown Austin and continue west on 7th Street. Stay on 7th Street for several blocks through downtown, then arrive at 505 W 7th St #115, which will be located near the intersection of W 7th Street and San Antonio Street in downtown Austin.
Affordability Calculator
$63,000
Estimated monthly payment
$1,677/mo
Principal $252,000 · Est. interest $351,562 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Austin, TX
- $551,156
- Median Listing Price
- 72
- Median Days on Market
- 1,783
- Median Sq Ft
- $324
- Median Price / Sq Ft
- 5,389
- Active Listings
- This home’s price is 43% below the area median.
- Its price per sq ft is 58% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Austin, TX.
Location
Points of Interest in Austin, TX
Showing the Austin area map.
Nearby Schools
Headwaters School
Secondary · 0.1 mi away
Texas Charter School Associates
School · 0.1 mi away
Pease Elementary
Elementary · 0.4 mi away
Alpha High School
Secondary · 0.4 mi away
Hello World
School · 0.4 mi away
American Youthworks Charter School
School · 0.5 mi away
St David's Episcopal Day School
School · 0.5 mi away
Austin Independent School District
School · 0.5 mi away
Huntington-Surrey School
School · 0.6 mi away
Mi Casita Montessori
Elementary · 0.6 mi away
Austin Junior Forum
Elementary · 0.6 mi away
Texas Bar College
School · 0.6 mi away
St Martin's Lutheran School
School · 0.6 mi away
Elementary School
Elementary · 0.6 mi away
Legal Digest
School · 0.9 mi away
St. Austin Catholic School
Elementary · 0.9 mi away
Texas Executive Education
School · 0.9 mi away
Cuauhtli Academy
School · 0.9 mi away
Mathews Elementary Pta
Elementary · 1.0 mi away
Nursing School
School · 1.0 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
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|---|---|---|---|---|
| 2802 Nueces ST 306, Austin, TX | $222,000 | 1 | 1 | 372 |
| 2500 Steck Ave 22, Austin, TX | $224,000 | 2 | 1 | 938 |
| 5604 Woodrow Ave 4, Austin, TX | $224,900 | 1 | 2 | 928 |
| 2931 E 12th ST 201, Austin, TX | $224,999 | 1 | 1 | 673 |
| 2425 Ashdale DR 81, Austin, TX | $225,000 | 2 | 2 | 984 |
| 5820 Berkman DR 110, Austin, TX | $225,000 | 2 | 1 | 789 |
Moving Cost Estimate
EXIT Agents in Austin
Listing Courtesy: Keller Williams Realty - (512) 675-7653
Last Updated: 2026-06-18