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505 W 7th ST 113, Austin TX 78701
505 W 7th ST 113, Austin TX 78701
Texas>Austin>Market District

505 W 7th ST 113Austin, TX 78701

For Sale

$324,999

Smart Buyer Rebate $3,250

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!

Listed by Shelli Pauly

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License #477235

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Urbanspace

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(512) 457-8884

Last updated September 09, 2026

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Source: ACTRIS #3230506

Listing Facts

  • TypeCondo
  • NeighborhoodMarket District
  • Bedrooms1
  • Bathrooms1
  • Days on Prevu10
  • HOA/Maint. Fees$568/month
  • Taxes$6,359.68/year
  • Size656 sqft
  • Price per sqft$495

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Air Conditioning
  • Parking
  • Swimming Pool

Location

Mortgage Calculator

Listing History

09/05/2026
Listed by Urbanspace
$324,999
  1. 09/05/2026$324,999
    Listed by Urbanspace

Property Details for 505 W 7th ST 113

Association

Amenities

  • 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

Fees

  • Association Fee: $568.00 Monthly
  • Association Fee Includes: Common Area Maintenance, Gas, Hot Water, Landscaping, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Sewer, Trash, Water

General

  • Association Name: Posada Del Rey HOA

Exterior

Construction

  • Property Attached: Yes
  • Property Condition: Resale
  • Roof: Composition, Mixed, Rubber, Spanish Tile
  • Window Features: Blinds, ENERGY STAR Qualified Windows, Insulated Windows, Screens, Triple Pane Windows
  • Year Built: 1964
  • Construction Materials: Stucco
  • Exterior Features: Uncovered Courtyard, Exterior Steps, Garden, Gas Grill, Lighting, Outdoor Grill, Private Entrance, Restricted Access

Features

  • Direction Faces: South
  • Fencing: Security, Wrought Iron
  • Patio And Porch Features: Porch
  • Pool Features: In Ground
  • Pool Private: Yes
  • View: City Lights, Downtown, Neighborhood, Pool, Trees/Woods

Measurements

  • Lot Features: Garden, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft), Views
  • Lot Size Acres: 0.00
  • Lot Size Area: 0
  • Lot Size Square Feet: 392

Financial

Taxes

  • Parcel Number: 02060104130023
  • Tax Annual Amount: $6,359.68
  • Tax Assessed Value: $376,140.00
  • Tax Year: 2026

Interior

Features

  • Appliances: Dishwasher, Disposal, Gas Cooktop, Microwave, Oven, Free-Standing Range, Free-Standing Gas Range
  • Fireplace Features: Living Room, Wood Burning
  • Fireplaces Total: 1
  • Flooring: Laminate, Tile
  • Interior Features: Bookcases, Built-in Features, Chandelier, Stone Counters, Crown Molding, High Speed Internet, Open Floorplan, Primary Bedroom On Main, Recessed Lighting, Walk-In Closet(s)

Measurements

  • Living Area: 656
  • Living Area Source: Appraiser

Rooms

  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 1
  • Main Level Bedrooms: 1

Other

Environmental

  • Green Energy Efficient: Windows

Location

  • Subdivision Name: Posada Del Rey Condo Amd
  • Tax Lot: 113

Parking

Parking

  • Covered Spaces: 1
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Features: Assigned, Electric Gate, Garage, Garage Door Opener, Oversized, Secured
  • 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: Electricity Available, Internet-Fiber, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this condo have?

There is 1 bedroom and 1 bathroom in this condo at 505 W 7th ST 113.

What schools are nearby to 505 W 7th ST 113?

Nearby schools include the Mathews Elementary School, O Henry Middle School, and Austin High School.

Does this condo have parking?

Yes, there is 1 parking space available for 505 W 7th ST 113.

What are the annual taxes for 505 W 7th ST 113?

Annual taxes for this condo are estimated at $6,359.

How does 505 W 7th ST 113 compare to other condos in Market District?

This condo is listed 66% below the average price for condos in Market District and has been on the market for 80 less days than the typical home in this area.

What building or home owners association is the condo part of?

This condo is part of the Posada Del Rey HOA home owners association.

What is the square footage on this condo?

According to the MLS, this listing is 656 sqft.

505 W 7th ST 113 is a 1-bedroom, 1-bath condo for sale in Austin TX 78701. On Prevu for 10 days at $324,999. This property features 656 square feet of living space, located in Market District. The median listing price for condos in this area is $727,500. Nearby schools include Mathews Elementary School, O Henry Middle School, and Austin High School. The home offers private outdoor space, dishwasher, air conditioning, parking, and swimming pool. Browse more condo listings in Austin.

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.

Full MLS Disclaimers

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.