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Austin · Posada Del Rey Condo Amd

$324,900 49 days on market

Reduced from $349,900 · −7.1%

505 W 7th St #113, Austin, TX 78701

  • 1bedrooms
  • 1bathrooms
  • 666sqft
  • 0.01acres
  • 1964year built

About this home

Posada Del Rey is a landmark of historic charm elevated within Austin’s most dynamic downtown district. This one-bedroom condo blends authentic Spanish hacienda allure with modern convenience and unbeatable walkability. Step inside to find an inviting open-concept living and dining area with wood-style plank flooring and a remodeled bathroom. The spacious bedroom features two closets, including a rare walk-in closet, an exceptional amenity in downtown one-bedroom units of this size. A unique highlight: the bedroom features a secondary entry door, offering private access to the quiet north side of the building, while the main entrance opens onto a secure, lushly landscaped courtyard. Add the modern, renovated interior, gracefully contrasted by the vintage exterior, and you’ll appreciate the rarity of this downtown home. Residents enjoy a massive central courtyard with grills, a sparkling pool, and a grassy lawn. A large reserved garage parking spot, gated bicycle room, plus HOA-covered utilities (water, gas, trash), common area insurance, maintenance, and landscaping, make for carefree living. Surrounded by Austin’s towering modern glass high-rises, this community stands out with its distinctive character and immediate street access. Just steps south, West 6th’s entertainment district beckons, while to the north lie preserved Victorian homes and a neighborhood feel. Town Lake, dining, nightlife, and shopping are all within easy walking distance—offering the best of both worlds. This is more than a condo; it’s a downtown lifestyle with soul. (INCENTIVE: $3900 buy-down rate paid for buyer by JVM Lending).

Property

Type
Condominium
Levels
One
Year built
1964
Lot size
0.01 acres
Subdivision
Posada Del Rey Condo Amd
MLS #
ACT7042319

Inside

Bedrooms
1
Bathrooms
1
Living area
666 sqft
Fireplaces
1

Outside / parking

Garage spaces
1
Pool
Yes — private

Schools

Elementary
Mathews
High school
Austin
District
Austin ISD

Costs

HOA
$568 / monthly
Est. annual taxes
$7,247 (2024)

Listing

First listed
Mar 21, 2026
Days listed
49
Original price
$349,900
Status
Active

Listed by Nick Pierce, Sprout Realty · [email protected] · MLS# ACT7042319 · Active

Estimate your monthly payment

Loan

Down payment
%
0%10%20%30%40%50%
Loan term
Interest rate (%)
3%5%7%9%

Yearly costs

Monthly payment

$0

Total monthly

Principal & interest
$0
Property tax
$0
Insurance
$0
HOA
$0
Loan amount
$0

Estimate only. Tax / insurance defaults are typical Texas figures; your actual numbers will vary. Talk with a lender for a real quote — I can refer you to one I trust.

Where this home sits

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