505 W 7th ST #102 — photo 1
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$495,000

505 W 7th ST #102, Austin TX 78701

2 bd·1.5 ba·995 sqft·$497/sqft

MLS #243608147 · Twelve Rivers Realty · Kevin Bown

Market insights

Compared with 233 active homes in ZIP 78701 · HomeLocating listings

Area median price
$650,000
This home vs. median
24% below
Homes with a price cut
10%

Property details

Property type
Residential · Condominium
Status
Active
Year built
1964
Full baths
1
Half baths
1
Lot size
0.0142
Subdivision
Posada Del Rey Condo Amd
MLS area
DT
MLS #
243608147

Features

Interior features

  • Ceiling Fan(s)
  • Stone Counters
  • Recessed Lighting
  • Walk-In Closet(s)

Exterior features

  • Uncovered Courtyard
  • Exterior Steps
  • Garden
  • Gas Grill
  • Lighting
  • Outdoor Grill

Additional details

Parking
Garage
Garage spaces
0
Roof
Flat Tile
Foundation
Slab
HOA
$777 / monthly
Annual tax
$11,305

Schools

Assigned schools per the MLS.

School district
Austin ISD
Elementary
Mathews
Middle
O Henry
High
Austin

About this home

Beautifully updated first-floor condo in the charming Posada del Rey community, ideally situated in the heart of downtown Austin! This thoughtfully renovated 2-bedroom residence showcases updated cabinetry, solid-surface countertops, stainless steel appliances including gas cooking, modern plumbing and lighting fixtures, a custom-built primary closet, and a beautifully remodeled shower with designer tile and a frameless glass enclosure. The functional floor plan includes a full bath, a convenient ensuite half bath, and in-unit laundry for everyday comfort and convenience. Posada del Rey captures the character of old Austin with lush, mature courtyards, a sparkling community pool, gated covered parking, and low HOA dues—an increasingly rare combination in such a premier downtown location. Enjoy easy access to Whole Foods, Trader Joe’s, BookPeople, Walton’s, Republic Square Park and its renowned farmers market, along with the restaurants, coffee shops, and nightlife of West 6th Street. Just moments from the Lady Bird Lake hike-and-bike trail and the 2nd Street District, this home offers an exceptional blend of urban convenience, walkability, and the charm of a smaller, established community.

Location

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Listing courtesy of Twelve Rivers Realty · Kevin Bown

Listing data last updated Aug 1, 2026, 11:46 AM

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