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  5. 505 W 7th ST # 113, Austin TX 78701

505 W 7th ST # 113, Austin TX 78701

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

  • Property ID
  • 2973698
  • 1 Bedrooms
  • 1 Bathrooms
  • 656 ft2
  • 0 ac

Description

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!

Features

Outdoor Details
Garden
Other Features
Bookcases
Built-in Features
Chandelier
Crown Molding
Dishwasher
Disposal
Electrical Utility Available
Exterior Steps
Free-Standing Gas Range
Free-Standing Range
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)

Details

Property Id : 2973698
Price: $ 324,999
Property Size: 656 ft2
Property Lot Size: 0 ac
Bedrooms: 1
Bathrooms: 1
Syndication Remarks: 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!
Parking Features: Assigned, Electric Gate, Garage, Garage Door Opener, Oversized, Secured
Lot Size(acres): 0.009
Lot Size(sf): 392.04
Country: US
Last Listing Change: 2026-06-11T00:20:11.750Z
Property Key: 48453|194204|1|55968672
Status Contractual Search Date: 2026-06-09
Listing Key Numeric: 230633634
Est. Taxes: 7247.45
Originating System Key: actris
Originating System Name: ABOR - actris
FEMA Flood Plain: No
#Photos: 28
State: TX
Last Status Change: June 11, 2026 at 12:20am
Street Dir Prefix: W
Street Name: 7th
Laundry Location: Common Area
Street# Ext.: 505
Street#: 505
Street Suffix: ST
#Dining: 1
#Living: 1
#Other Level Beds: 0
Option Period End Date: 2026-06-13T05:00:00.000Z
Property Match: APN
$/SF: 495.43
Special Assessment: No
Tentative Close Date: 2026-08-03T05:00:00.000Z
Unit Style: 1st Floor Entry, Single level Floor Plan, Entry Steps, Mid Rise (4-7 Stories), Neighbor Above
Video Tour Link (Unbranded): https://505west7thstreet505west7thstreet.mls.tours/u/
Accessibility Features: None
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
Full Baths: 1
Half Baths: 0
Total Baths: 1
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
Construction Materials: Stucco
Contingencies: Financing, Appraisal
Cooling: Central Air
Covered Spaces: 1
Faces: South
Directions: Traveling east on W. 5th ST from Mopac, left on Nueces and right on W. 7th ST. See condo on your immediate right and find convenient street meter parking.
Elem School: Mathews
Elem School District: Austin ISD
Fencing: Security, Wrought Iron
Fireplace Features: Living Room, Wood Burning
#Fireplaces: 1
Flooring: Laminate, Tile
Foundation Details: Slab
Garage Spaces: 1
Heating: Central
High School: Austin
High School District: Austin ISD
Levels: One
Listing ID: 3230506
Listing Terms: Cash, Conventional
SF Source: Appraiser
Lot Features: Garden, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft), Views
MLS Area Major: DT
Main Level Beds: 1
Middle School: O Henry
Middle School District: Austin ISD
Status: Active Under Contract
Off Mkt Date: 2026-06-09
Other Structures: None
Parcel#: 02060104130023
Patio And Porch Features: Porch
Pool Features: In Ground
Possession: Close Of Escrow, Funding
Property Condition: Resale
Roof: Composition, Mixed, Rubber, Spanish Tile
Sewer: Public Sewer
Spa Features: None
Special Listing Conditions: Standard
Tax Annual($): 6359.68
Unit#: 113
Utilities: Electricity Available, Internet-Fiber, Natural Gas Connected, Sewer Connected, Water Connected
View: City Lights, Downtown, Neighborhood, Pool, Trees/Woods
Water Source: Public
Waterfront Features: None
Window Features: Blinds, ENERGY STAR Qualified Windows, Insulated Windows, Screens, Triple Pane Windows
Year Built: 1964

Calculator

$ 2,225.66
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 1,643.37

Schedule Tour

Tue 16 Jun
Wed 17 Jun
Thu 18 Jun
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Schedule Tour

Tue 16 Jun
Wed 17 Jun
Thu 18 Jun
Fri 19 Jun
Sat 20 Jun
Sun 21 Jun
Mon 22 Jun
Tue 23 Jun
Wed 24 Jun
Thu 25 Jun
In Person
Video Chat
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Info is deemed accurate but not guaranteed. Published info is subject to change. Buyers should conduct their own due diligence and research.

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505 W 7th ST # 113, Austin TX 78701

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Gerald Bodle, MBA