$349,900
1 bd · 1 ba · 709 sqft
505 W 7th St #308, Austin, TX 78701
505 W 7th St #308, Austin, TX 78701 is a 1-bedroom, 1-bathroom condominium listed at $349,900 ($494/sqft). 709 sqft. Built in 1964. Located in Downtown Austin, Austin TX. Priced 31% below the Downtown Austin median of $715/sqft. MLS #4283227. Listed by Compass RE Texas, LLC.
Property Overview
This one-bedroom condo at 505 7th Street sits in the coveted West 6th District, placing residents steps away from Lady Bird Lake, Whole Foods Market, and the pulsing energy of Downtown Austin's entertainment scene. The 709-square-foot residence offers efficient urban living with direct access to the Seaholm District's restaurants, rooftop bars, and live music venues that define Austin's cultural landscape. Posada Del Rey, a Spanish-inspired boutique community, provides resort-style amenities including a pool, landscaped courtyards, and controlled access—ideal for those seeking lock-and-leave convenience in the heart of the city.
The location proves exceptional for professionals and lifestyle seekers alike. Residents enjoy walkable proximity to the Austin Central Library, Congress Avenue's vibrant corridor, and the Lady Bird Lake Hike & Bike Trail, while the building's elevator service and assigned garage parking (#136) eliminate the typical downtown hassles. The price point of $349,900, sitting 34 percent below the area median per square foot, reflects strong value for this particular Austin TX address.
Vox Real Estate Insight
This property represents a rare opportunity in Downtown Austin where you're getting genuine West 6th District walkability at below-market pricing, a combination that doesn't surface often in this neighborhood. At Vox Residential, we see this as a strong entry point for buyers wanting immediate urban access without the premium pricing typically attached to similar locations.
Agent Description
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.
Neighborhood: Downtown Austin
This property is located in Downtown Austin, Austin, TX. The area is known for 6th Street Entertainment, Lady Bird Lake, Congress Avenue, High-Rise Living, Walkable Urban Core.
At $494/sqft, this listing is priced 31% below the Downtown Austin median of $715/sqft.
Property Details
| Property Type | Condominium |
| Year Built | 1964 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Living Area | 709 sqft |
| Lot Size | 440 sqft |
| Price / Sqft | $494 |
| Stories | One |
| Condition | Resale |
| Unit Style | 3rd+ Floor Entry, Elevator, Low Rise (1-3 Stories), Neighbor Below, Single level Floor Plan |
| Subdivision | Posada Del Rey Condo Amd |
| County | Travis |
| MLS Area | DT |
| Listed | Jun 5, 2026 |
| MLS # | 4283227 |
| Listed By | Compass RE Texas, LLC |
Interior
| Flooring | Tile |
| Appliances | Dishwasher, Disposal, ENERGY STAR Qualified Dishwasher, Exhaust Fan, Microwave, Free-Standing Gas Oven, Plumbed For Ice Maker, Free-Standing Gas Range, Free-Standing Refrigerator, Stainless Steel Appliance(s) |
| 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) |
| Fireplaces | 1 (Family Room, Raised Hearth, Wood Burning) |
| Laundry | Common Area |
| Main-Level Bedrooms | 1 |
Systems & Utilities
| Cooling | Ceiling Fan(s), Central Air |
| Heating | Ceiling |
| Utilities | Electricity Connected, High Speed Internet, Natural Gas Connected, Sewer Connected, Water Connected |
| Water Source | Public |
| Sewer | Public Sewer |
Exterior & Lot
| Construction | Stucco |
| Roof | Composition, Mixed, Rubber, Spanish Tile |
| Foundation | Slab |
| Exterior Features | Garden, Rain Gutters, Lighting, Outdoor Grill, Private Entrance, Restricted Access |
| Pool | In Ground, Outdoor Pool |
| Fencing | Fenced, Gate, Security, Wrought Iron |
| Lot Features | City Lot, Curbs, Garden, Landscaped, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft), Views |
| View | City, City Lights, Downtown, Panoramic, Pool, Skyline |
| Faces | North |
Parking
| Parking Spaces | 1 |
| Garage Spaces | 1 |
| Parking Features | Assigned, Drive Through, Garage |
Community & HOA
| HOA | Yes |
| HOA Name | Posada Del Rey Condominium Association |
| HOA Fee | $568 / Monthly |
| Fee Includes | Common Area Maintenance, Gas, Water, Landscaping, Maintenance Grounds, Parking, Pest Control, Sewer, Trash |
| Community Features | BBQ Pit/Grill, Bike Storage/Locker, Cluster Mailbox, Common Grounds, Controlled Access, Courtyard, Covered Parking, Curbs, Gated, High Speed Internet, Laundry Room, Maintenance On-Site, Pool, Sidewalks, Street Lights, Tenant Access Cargo Elevator, Trail(s) |
| Security | 24 Hour Security, Closed Circuit Camera(s), Fire Alarm, Fire Sprinkler System, Firewall(s), Key Card Entry, Secured Garage/Parking, Security Fence, Smoke Detector(s) |
Assigned Schools
| Elementary | Mathews |
| Middle | O Henry |
| High | Austin |
| District | Austin ISD |
Taxes & Legal
| Tax Year | 2026 |
| Annual Tax | $6,832 |
| Assessed Value | $418,978 |
| Parcel # | 02060104130059 |
| Legal Description | UNT 308 POSADA DEL REY CONDOMINIUMS AMENDED PLUS 1.41% INT IN COMMON AREA |
| FEMA Flood Plain | No |
| In ETJ | No |
| Disclosures | Lead Base Paint Addendum, Seller Disclosure |
| Listing Conditions | Estate |
Listing data last updated:
Frequently Asked Questions
What is the listing price of 505 W 7th St #308, Austin, TX 78701?
This property is listed at $349,900, which is $494 per square foot. That is 31% below the Downtown Austin area median of $715/sqft.
How many bedrooms and bathrooms does 505 W 7th St #308, Austin, TX 78701 have?
This home has 1 bedroom and 1 bathroom, with 709 square feet of living space.
When was 505 W 7th St #308, Austin, TX 78701 built?
This property was built in 1964, making it 62 years old.
What neighborhood is 505 W 7th St #308, Austin, TX 78701 in?
This property is in Downtown Austin, Austin, TX. The area is known for 6th street entertainment, lady bird lake, congress avenue.
How long has 505 W 7th St #308, Austin, TX 78701 been on the market?
This listing has been on the market for 68 days.
What type of property is 505 W 7th St #308, Austin, TX 78701?
This is a Condominium on a 439.96 sqft lot.