505 W 7th ST #115 — photo 1
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$300,000
1 beds1 baths615 sqft

505 W 7th ST #115, Austin TX 78701

Residential
Built in 1964
0.01 Acres Lot
$488/sqft
HOA $571 / monthly

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

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Schools

Assigned schools per the MLS.

School district
Austin ISD
Elementary
Mathews
Middle
O Henry
High
Austin

Market insights

Compared with 298 active homes in ZIP 78701 · HomeLocating listings

Area median price
$663,750
This home vs. median
55% below
Homes with a price cut
17%

Estimated monthly payment

Our estimate — not a quote or MLS data. Adjust the assumptions below; actual costs vary by lender, credit, and exact tax/insurance.

$2,718/mo est.
Principal & interest ($240,000 loan, 30-yr)$1,517/mo
Property tax$505/mo
Homeowners insurance (est.)$125/mo
HOA dues$571/mo

Property tax uses this home's reported annual tax ($6,063/yr). Insurance is a rough estimate. Not a lending offer; contact a lender for exact figures.

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Listing courtesy of Keller Williams Realty · Ricky Cain

Listing data last updated Sep 8, 2026, 11:46 PM

Information is deemed reliable but not guaranteed and should be independently verified. Listing information is provided for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2026 HomeLocating.com.

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