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505 W 7th ST 308Austin, TX 78701

For Sale

$349,900

Smart Buyer Rebate $3,499

Experience the ultimate Downtown Austin lifestyle in the heart of the iconic West 6th District at Posada Del Rey, a charming Spanish-inspired boutique condominium community surrounded by Austin's vibrant skyline. This exceptional residence offers walkable access to Whole Foods Market, Trader Joe's, Lady Bird Lake Hike & Bike Trail, Seaholm District, Austin Central Library, downtown restaurants, rooftop lounges, coffee shops, fitness studios, live music venues, nightlife, shopping, and major employers. Enjoy a gorgeous resort-style pool, beautifully landscaped courtyards, controlled access, elevator service, assigned garage parking space #136, and true lock-and-leave convenience. Whether starting your day with a walk to Whole Foods, spending the afternoon on the lake, or enjoying Austin's renowned dining and entertainment scene, everything you need is just steps from your front door. Offering a rare combination of location, lifestyle, skyline views, community amenities, and urban convenience, this is an outstanding opportunity to own in one of Downtown Austin's most desirable neighborhoods.

Listed by Mike Easter

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License #603055

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Compass RE Texas, LLC

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(512) 575-3644

Last updated June 08, 2026

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Source: ACTRIS #4283227

Listing Facts

  • TypeCondo
  • NeighborhoodMarket District
  • Bedrooms1
  • Bathrooms1
  • Days on Prevu10
  • HOA/Maint. Fees$567.99/month
  • Taxes$6,832.25/year
  • Size709 sqft
  • Price per sqft$494

Amenities

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

Location

Mortgage Calculator

Listing History

06/05/2026
Listed by Compass RE Texas, LLC
$349,900

Property Details for 505 W 7th ST 308

Association

Amenities

  • Community Features: BBQ Pit/Grill, Bike Storage/Locker, Cluster Mailbox, Common Grounds, Controlled Access, Courtyard, Covered Parking, Curbs, Gated, High Speed Internet, Laundry Facility(s), Maintenance On-Site, Pool, Sidewalks, Street Lights, Tenant Access Cargo Elevator

Fees

  • Association Fee: $567.99 Monthly
  • Association Fee Includes: Common Area Maintenance, Gas, Hot Water, Landscaping, Maintenance Grounds, Parking, Pest Control, Sewer, Trash, Water

General

  • Association Name: Posada Del Rey Condominium Association

Exterior

Construction

  • Property Attached: Yes
  • Property Condition: Resale
  • Roof: Composition, Mixed, Rubber, Spanish Tile
  • Year Built: 1964
  • Construction Materials: Stucco
  • Exterior Features: Garden, Gutters Partial, Lighting, Outdoor Grill, Private Entrance, Restricted Access

Features

  • Direction Faces: North
  • Fencing: Fenced, Gate, Security, Wrought Iron
  • Pool Features: In Ground, Outdoor Pool
  • Pool Private: Yes
  • View: City, City Lights, Downtown, Panoramic, Pool, Skyline

Measurements

  • Lot Features: City Lot, Curbs, Garden, Landscaped, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft), Views
  • Lot Size Acres: 0.01
  • Lot Size Area: 0
  • Lot Size Square Feet: 439

Financial

Taxes

  • Parcel Number: 02060104130059
  • Tax Annual Amount: $6,832.25
  • Tax Assessed Value: $418,978.00
  • Tax Year: 2026

Interior

Features

  • Appliances: Dishwasher, Disposal, ENERGY STAR Qualified Dishwasher, Exhaust Fan, Microwave, Free-Standing Gas Oven, Plumbed For Ice Maker, Free-Standing Gas Range, Free-Standing Refrigerator, Stainless Steel Appliance(s)
  • Fireplace Features: Family Room, Raised Hearth, Wood Burning
  • Fireplaces Total: 1
  • Flooring: Tile
  • Interior Features: Bookcases, Built-in Features, Ceiling Fan(s), Stone Counters, Eat-in Kitchen, High Speed Internet, Open Floorplan, Pantry, Primary Bedroom On Main, Recessed Lighting, Walk-In Closet(s)

Measurements

  • Living Area: 709
  • 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: 308

Parking

Parking

  • Covered Spaces: 1
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Features: Assigned, Drive Through, 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: Ceiling Fan(s), Central Air
  • Heating: Ceiling
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, 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 308.

What schools are nearby to 505 W 7th ST 308?

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 308.

What are the annual taxes for 505 W 7th ST 308?

Annual taxes for this condo are estimated at $6,832.

How does 505 W 7th ST 308 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 61 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 Condominium Association home owners association.

What is the square footage on this condo?

According to the MLS, this listing is 709 sqft.

505 W 7th ST 308 is a 1-bedroom, 1-bath condo for sale in Austin TX 78701. Listed on Prevu for 10 days at $349,900. This residence features 709 square feet of living space, located in Market District. The median listing price for condos in this area is $775,000. 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. Explore 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.