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505 W 7th St Unit 114

Austin, TX 78701

1 bed
1 bath
619 sqft
392 sqft lot
$576 per sqft
1964 build
– on site

Welcome to Posada Del Rey, a hidden gem in the heart of Downtown Austin. This charming 1-bedroom, 1-bath condo blends Old World character with modern convenience, featuring Saltillo tile floors, Spanish tile accents, and an updated kitchen with ample storage. Tucked away on a quiet side street backing up to a historic district, this condo offers a peaceful retreat while keeping you steps from the vibrant energy of the city. This first floor unit offers two entrances into the unit: one entry from the gated courtyard and a second entrance off the unit's rear patio along 7th Street for added convenience. The beautifully landscaped courtyard, rustic walkways, and fountains create a tranquil setting, while the community pool, BBQ pits, and inviting outdoor spaces make it easy to relax and connect with neighbors. This low-rise condo unit offers also offers a gated covered garage with one assigned parking spot, underground communal storage and an on-site laundry facility. The walkability is unbeatable with easy access to Lady Bird Lake Trail, West 6th Street, top restaurants, coffee shops, grocery stores and boutique fitness studios. Dine at Ranch 616 only steps away from your back door or grab organic groceries at Whole Foods and treasure hunt for snacks at Trader Joe's. HOA monthly payment INCLUDES all Gas, Water and Trash, plus building insurance, property management, and maintenance for building structure, landscaping and swimming pool. Experience the perfect blend of Spanish-Colonial charm and urban convenience—schedule a showing today!

Listing courtesy of ABOR / Jen Graf / Compass RE Texas, LLC

Last checked: Checking… • Last updated Mar 24, 2025 •

MLS# 6338223 —

The Building

Year Built:

1964
Unit Number:

114
Unit Style:

1st Floor Entry
New Construction:

false
Roof:

Tile
Foundation:

Slab
Exterior Features:

Private Entrance
Accessibility Features:

None
Patio And Porch Features:

Covered
Window Features:

Shutters
Levels:

One
Direction Faces:

North

Interior

Interior Features:

Ceiling Fan(s)
Living:

1
Dining:

1
Flooring:

Tile
Fireplace:

None
Laundry Location:

Common Area

Room Dimensions

Living Area:

619
Living Area Source:

Public Records

Financial & Terms

Possession:

Close Of Escrow
Restrictions:

See Remarks

Location

Latitude:

30.270081
Longitude:

-97.74756
Directions:

From Lamar take 5th St. East and turn Left on Nueces, then Right on 7th St. From Congress take 6th St. West then turn to right on Nueces - Posada Del Rey located on 7th St. between Nueces and San Antonio. Entrance on 7th Street!

The Property

Property Type:

Residential
Subtype:

Condominium
Parcel Number:

02060104130024
Property Condition:

Resale
Other Structures:

None
Lot Features:

None
Lot Size Acres:

0.009
Lot Size Area:

0 Sqft
Lot Size SqFt:

392 Sqft
SqFt Total:

619 Sqft
View:

None
Waterfront:

false
Waterfront Features:

None
Horse:

false
Additional Parcels:

false
Fencing:

Wrought Iron
FEMA Flood Plain:

No

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

$7,213.05

Beds

Bedrooms Total:

1
Main Level Bedrooms:

1

Baths

Total Baths:

1
Total Baths:

1
Full Baths:

1

The Listing

Special Listing Conditions:

Standard
Listing Terms:

Cash
Occupant Type:

Vacant

Heating & Cooling

Heating:

Central
Cooling:

Central Air

Utilities

Utilities:

Electricity Available
Sewer:

Public Sewer
Water Source:

Public
Electric On Property:

true

Appliances

Appliances:

Dishwasher

Schools

Elementary School:

Mathews
Elementary School District:

Austin ISD
Middle School:

O Henry
Middle School District:

Austin ISD
High School:

Austin
High School District:

Austin ISD

The Community

Subdivision Name:

Posada Del Rey Condo Amd
Association Name:

Posada Del Rey Condominium Owner's Association Inc
Association Fee:

$567.99
Association Fee Includes:

Common Area Maintenance
Association Fee Frequency:

Monthly
Community Features:

Cluster Mailbox
Pool Private:

false
Pool Features:

None
Spa Features:

None

Parking

Parking Features:

Assigned
Garage:

true
Attached Garage:

false
Garage Spaces:

1
Covered Spaces:

1

Monthly cost estimate

Asking price

$357,000

Expense	Monthly cost
Mortgage	$1,911
Taxes	$601
Insurance	$98
HOA fees	$568
Utilities	$113 See report
Total	$3,291/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

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This condo located in Central Austin, Austin, TX 78701 is currently for sale for $357,000. 505 W 7th St Unit 114 is a 619 square foot condo with 1 bed and 1 bath that has been on Estately for 28 days. 505 W 7th St Unit 114 is in the Central Austin neighborhood of Austin and has a WalkScore® of 98, making it a walker’s paradise. This condo is in the attendance area of Austin High School and Mathews Elementary School.

Based on information from the Austin Board of REALTORS® and ACTRIS 2025. 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.