Dramatic reduction! One of the best kept secrets in downtown Austin! Sweet ground floor unit with saltillo tile throughout, talavera tile in kitchen, cozy living area with fireplace! Front door plus back door to exit 7th street. Large window in bedroom w/2" blinds! Can't beat this location--WALK SCORE OF 99, BIKE SCORE OF 90 and just steps away from Waltons, Star Bar and everything else downtown has to offer! This lovely Spanish-style complex has a beautiful pool, large laundry room, one parking space goes with unit! Excellent investment opportunity or see it as a way to get into downtown living on an affordable scale! This unit makes a great escape when heading downtown for concerts, ACL or the plethora of entertainment Austin offers!
Listed by Annie Bright
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License #484494
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Allure Real Estate
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(512) 518-0008
Last updated June 10, 2025
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Source: ACTRIS #9639513
Listing Facts
TypeCondo
NeighborhoodMarket District
Bedrooms1
Bathrooms1
Days on Prevu341
HOA/Maint. Fees$455.19/month
Taxes$7,783.85/year
Size629 sqft
Price per sqft$539
Amenities
Private Outdoor Space
Air Conditioning
Parking
Swimming Pool
Location
Mortgage Calculator
Listing History
06/10/2025
Price Decreased
$339,000
05/14/2025
Price Decreased
$374,500
03/16/2025
Price Decreased
$399,000
10/07/2024
Price Decreased
$435,000
10/03/2024
Price Decreased
$447,000
10/01/2024
Listed by Allure Real Estate
$450,000
Property Details for 505 W 7th ST 108
Association
Amenities
Community Features: BBQ Pit/Grill, Courtyard, Pool, See Remarks
Fees
Association Fee: $455.19 Monthly
Association Fee Includes: Trash
General
Association Name: Posada Del Rey HOA
Exterior
Construction
Property Condition: Resale
Roof: Flat Tile
Window Features: Window Treatments
Year Built: 1964
Construction Materials: Stucco
Exterior Features: Uncovered Courtyard, Gas Grill, See Remarks
Features
Direction Faces: South
Fencing: Wrought Iron
Other Structures: See Remarks
Patio And Porch Features: Covered, Terrace
View: Downtown
Measurements
Lot Features: See Remarks
Lot Size Acres: 0.00
Lot Size Area: 0
Lot Size Square Feet: 392
Financial
Taxes
Parcel Number: 02060104130018
Tax Annual Amount: $7,783.85
Tax Assessed Value: $429,615.00
Tax Year: 2024
Interior
Features
Appliances: Free-Standing Gas Oven, Refrigerator
Fireplace Features: Living Room
Fireplaces Total: 1
Flooring: Tile
Interior Features: Tile Counters, No Interior Steps, Recessed Lighting
Measurements
Living Area: 629
Living Area Source: Public Records
Rooms
Bathrooms Full: 1
Bathrooms Total Integer: 1
Bedrooms Total: 1
Main Level Bedrooms: 1
Other
Location
Subdivision Name: Posada Del Rey Condo Amd
Tax Lot: 108
Parking
Parking
Garage: Yes
Parking Features: Garage
Parking Total: 1
Schools
Elementary School
Elementary School: Mathews
Elementary School District: Austin ISD
High School
High School: Austin
High School District: Austin ISD
Middle or Junior School
Middle Or Junior School: O Henry
Middle Or Junior School District: Austin ISD
Utilities
Equipment
Cooling: Central Air
Heating: Central
Sewer: Public Sewer
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected
Water Source: Public
Based on information from ACTRIS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.