505 W 7th ST #308 — photo 1
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$349,900

505 W 7th ST #308, Austin TX 78701

1 bd·1 ba·709 sqft·$494/sqft

MLS #243041284 · Compass RE Texas, LLC · Mike Easter

Market insights

Compared with 233 active homes in ZIP 78701 · HomeLocating listings

Area median price
$650,000
This home vs. median
46% below
Homes with a price cut
10%

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

Schools

Assigned schools per the MLS.

School district
Austin ISD
Elementary
Mathews
Middle
O Henry
High
Austin

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.

Location

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Listing courtesy of Compass RE Texas, LLC · Mike Easter

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

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