505 W 7th ST # 113, Austin TX 78701

$324,999
505 W 7th ST # 113, Austin TX 78701,
Active
$324,999


MLS Area: DT
County:
MLS # 3230506

505 W 7th ST # 113, Austin TX 78701, , TX 78701

About this property

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!

Basic Property Information

<strong>Dwelling Size - </strong> 656 ft2
From Appraiser
<strong>Year Built - </strong> 1964
<strong>Stories - </strong> One
<strong>Foundation - </strong> Slab
<strong>Garage - </strong> 1
Assigned, Electric Gate, Garage, Garage Door Opener, Oversized, Secured
<strong>Roof - </strong> Composition, Mixed, Rubber, Spanish Tile
<strong>Lot Size Acres - </strong> 0.009
<strong>Waterfront Features - </strong> None
Bedrooms - 1
<strong>Main Level Bedrooms - </strong> 1
<strong>Bathrooms - </strong> 1
<strong>Full - </strong> 1
<strong>Half - </strong> 0
<strong>Living Rooms - </strong> 1
<strong>Dining Rooms - </strong> 1
<strong>Fireplaces - </strong> 1
Living Room, Wood Burning
<strong>Pool on Property- </strong> In Ground
<strong>Spa on Property- </strong> None

School District

<strong>School District - </strong> Austin ISD
<strong>Elementary - </strong> Mathews
<strong>Middle - </strong> O Henry
<strong>Senior High - </strong> Austin

Home Owners Association

<strong>Home Owners Association - </strong> Posada del Rey HOA
<strong>Fee - $</strong> 568
<strong>Frequency - </strong> Monthly
<strong>Includes - </strong> Common Area Maintenance, Gas, Hot Water, Landscaping, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Sewer, Trash, Water

Amenities and Features

Other Features
Bookcases
Built-in Features
Chandelier
Crown Molding
Dishwasher
Disposal
Electrical Utility Available
Exterior Steps
Free-Standing Gas Range
Free-Standing Range
Garden
Gas Cooktop
Gas Grill
Has Garage
Has Pool
High Speed Internet
Home Owners Association
Lighting
Microwave
Open Floorplan
Outdoor Grill
Oven
Primary Bedroom on Main
Private Entrance
Property Attached
Recessed Lighting
Restricted Access
Stone Counters
Uncovered Courtyard
Walk-In Closet(s)

Utilities

Heating: Central
Cooling: Central Air
Electricity Available, Internet-Fiber, Natural Gas Connected, Sewer Connected, Water Connected

Sewer: Public Sewer
Water: Public

Additional Details

<strong>Faces - </strong> South
<strong>Flooring - </strong> Laminate, Tile
<strong>View - </strong> City Lights, Downtown, Neighborhood, Pool, Trees/Woods
<strong>Lot Features - </strong> Garden, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft), Views
<strong>Sellers Representative - </strong> Urbanspace
(512) 457-8884
<strong>Other Structures - </strong> None
<strong>Accessibility Features - </strong> None
<strong>Community Features - </strong> 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

Walk Score

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

Based on information from the Austin Board of REALTORS®  for the period 08/25/2026 through 08/25/2026. All information provided is deemed reliable but is not guaranteed and should be independently verified. 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.

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