505 W 7th ST #115, Austin, TX 78701
MLS #246287231 · Keller Williams Realty · Ricky Cain
About this home
Experience the best of downtown Austin living in this beautifully maintained one-story corner condominium, ideally located in the heart of the city. Offering exceptional walkability to Austin’s premier dining, entertainment, shopping, and cultural destinations, this residence combines urban convenience with a welcoming community atmosphere. This rare corner unit enjoys natural light from three sides and features only one shared wall, creating a bright, private, and comfortable living environment. Inside, you'll find an open-concept layout with timeless finishes, including granite countertops throughout, durable tile flooring, and tile baseboards that make maintenance effortless. The spacious bedroom, inviting living area, and well-appointed kitchen provide a functional and stylish space for everyday living. Residents enjoy secure key-fob access, gated entry, and reserved underground parking for added peace of mind. The intimate community offers a true neighborhood feel with a beautifully landscaped courtyard, resort-style pool, and outdoor grilling areas perfect for relaxing or entertaining. Additional conveniences include on-site laundry facilities and newly installed energy-efficient windows that enhance comfort and efficiency. Whether you're seeking a full-time residence, lock-and-leave lifestyle, or downtown retreat, this move-in-ready condo delivers privacy, security, and unbeatable access to everything Austin has to offer. A rare find in Austin, this community allows rentals with a minimum 30-day lease term, offering added flexibility for owners seeking a furnished or mid-term rental opportunity.
Property details
- Property type
- Residential · Condominium
- Status
- Active
- Year built
- 1964
- Full baths
- 1
- Lot size
- 0.0087
- Subdivision
- Posada Del Rey Condo Amd
- MLS area
- DT
- MLS #
- 246287231
Features
Interior features
- Ceiling Fan(s)
- Natural Woodwork
- No Interior Steps
- Open Floorplan
- Primary Bedroom on Main
- Walk-In Closet(s)
Exterior features
- Barbecue
- Uncovered Courtyard
- Exterior Steps
- Garden
- Gas Grill
- Outdoor Grill
- Private Entrance
- Restricted Access
Additional details
- Parking
- Assigned, Garage, Garage Door Opener, Reserved
- Garage spaces
- 1
- Roof
- Concrete
- Foundation
- Slab
- HOA
- $571 / monthly
- Annual tax
- $6,063
Location
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Schools
Assigned schools per the MLS.
- School district
- Austin ISD
- Elementary
- Mathews
- Middle
- O Henry
- High
- Austin
Comparable homes near 505 W 7th ST #115
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Getting around
- Downtown Austin
- 0.3 mi
- Austin-Bergstrom Airport
- 7 mi
Straight-line distance, not drive time.
Market insights
Compared with 373 active homes in ZIP 78701 · HomeLocating listings
At $265,000, this home is priced 60% below the $657,000 median across 373 active homes in ZIP 78701.
Estimated monthly payment
Home price
$265,000
Down payment
20% ($53,000)
Loan details
30-yr fixed, 6.50%
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Estimate only, not a lending offer or MLS data. Taxes, insurance, and HOA figures are estimated (see ⓘ above for detail); contact a lender to confirm your exact rate and payment.
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Listing courtesy of Keller Williams Realty · Ricky Cain
Listing data last updated Oct 24, 2026, 5:46 PM
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