505 W 7th ST #308, Austin TX 78701
MLS #243041284 · Compass RE Texas, LLC · Mike Easter
About this home
Rare third-floor residence in Posada Del Rey, a boutique Spanish-inspired condominium community in the heart of Downtown Austin. This move-in-ready one-bedroom home offers an open, thoughtfully designed layout featuring diagonal tile flooring, a wood-burning fireplace with handcrafted Spanish tile, custom built-in shelving, a well-appointed galley kitchen with gas cooking, generous counter space, an updated bathroom, dual bedroom closets, and assigned garage parking. Residents enjoy controlled access, elevator service, beautifully landscaped courtyards, and a resort-style pool that provide a peaceful retreat just moments from the city's vibrant urban core. Whole Foods Market, Trader Joe's, the Austin Central Library, Seaholm District, Republic Square, Lady Bird Lake, and the restaurants and nightlife of West Sixth are all within easy reach. Whether you're seeking a primary residence or a lock-and-leave downtown retreat, this distinctive home combines timeless architectural character, everyday functionality, and one of Austin's most walkable and desirable locations.
Property details
- Property type
- Residential · Condominium
- Status
- Active
- Year built
- 1964
- Full baths
- 1
- Lot size
- 0.0101
- Subdivision
- Posada Del Rey Condo Amd
- MLS area
- DT
- MLS #
- 243041284
Features
Interior features
- Bookcases
- Built-in Features
- Ceiling Fan(s)
- Stone Counters
- Eat-in Kitchen
- High Speed Internet
- Open Floorplan
- Pantry
- Primary Bedroom on Main
- Recessed Lighting
- Walk-In Closet(s)
Exterior features
- Garden
- Gutters Partial
- Lighting
- Outdoor Grill
- Private Entrance
- Restricted Access
Additional details
- Parking
- Assigned, Drive Through, Garage
- Garage spaces
- 1
- Roof
- Composition, Mixed, Rubber, Spanish Tile
- Foundation
- Slab
- HOA
- $567 / monthly
- Annual tax
- $6,832
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 #308
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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 352 active homes in ZIP 78701 · HomeLocating listings
At $349,900, this home is priced 48% below the $675,000 median across 352 active homes in ZIP 78701.
Estimated monthly payment
Home price
$349,900
Down payment
20% ($69,980)
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 Compass RE Texas, LLC · Mike Easter
Listing data last updated Oct 2, 2026, 11:46 PM
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