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$308,500
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Property Description
Dramatic reduction! One of the best kept secrets in downtown Austin! Sweet ground floor unit with saltillo tile throughout, talavera tile in kitchen, cozy living area with fireplace! Front door plus back door to exit 7th street. Large window in bedroom w/2" blinds! Can't beat this location--WALK SCORE OF 99, BIKE SCORE OF 90 and just steps away from Waltons, Star Bar and everything else downtown has to offer! This lovely Spanish-style complex has a beautiful pool, large laundry room, one parking space goes with unit! Excellent investment opportunity or see it as a way to get into downtown living on an affordable scale! This unit makes a great escape when heading downtown for concerts, ACL or the plethora of entertainment Austin offers!
Full Property Details
Full Property Details for 505 W 7th St #108
General
- Price: $308,500
- HOA FEE: $455/month
- Taxes: $7,783 (2024)
- Status: Active
- Type: Condo
- Source: Austin_MLS
- MLS ID: 9639513
- Updated: 10/27/2025
- Added to Site: 473 day(s) ago
Interior
- Interior Features: No Interior Steps, Recessed Lighting, Tile Counters
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room
- Appliances: Free-Standing Gas Oven, Refrigerator
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
- Bedrooms Main: 1
Other Rooms
- Laundry: Common Area, Upper Level
Additional Information
- Shared Amenities: Barbecue, Courtyard, Pool, See Remarks
- Shared Pool: Yes
- Pool: Yes
- Pool Description: None, Community
- Security/Safety: Secured Garage/Parking
Exterior
- Exterior Features: Gas Grill, See Remarks, Uncovered Courtyard
- Porch/Patio/Deck: Covered, Terrace
Parking
- Total Spaces: 1
- Parking Features: Garage
Location
- Area: DT
- County: Travis
- Subdivision: Posada Del Rey Condo Amd
- Driving Directions: Posada Del Rey is on 7th Street & Nueces. Spanish, stucco complex. Entrance on 7th St.
- Direction Faces: South
School Information
- Elem School District: Austin ISD
- Midd School District: Austin ISD
- High School District: Austin ISD
- Elementary School: Mathews
- Middle School: O Henry
- High School: Austin
Community
- Association: Yes
- Assoc. Name: Posada Del Rey HOA
- Assoc. Fees Include: Trash
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Natural Gas Connected
Structural Information
- Detached/Attached: Detached
- Construction: Stucco
- Roof: Flat Tile
- Windows: Window Treatments
- Stories/Levels: 1
- Square Feet: 629
- Sq. Ft. Source: Public Records
- Living Area: 629 Sq. Ft.
- Year Built: 1964
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: See Remarks
Lot Features
- Property View: City
- Lot Size (Acres): 0.009
- Lot Size (Sq. Ft.): 392.04
- Fence: Yes
- Lot Features: See Remarks
- Fencing (Description): Wrought Iron
Financial Considerations
- Association Fee: $455
- Assoc Fee Freq.: Monthly
- Assessment Amount: $429,615
- Tax Amount: $7,783.85
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: UNT 108 POSADA DEL REY CONDOMINIUMS AMENDED PLUS 1.41% INT IN COMMON AREA
- Disclosures/Reports: Lead Based Paint Disclosure, Seller Disclosure
- Property ID: 2060104130018
- Lot Number: 108
Listed by Allure Real Estate
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Schools
Schools serving 505 W 7th St #108
School District:Austin Independent School District
| Name | Grades | Distance |
|---|---|---|
Mathews Elementary School 906 West Lynn Street, Austin, TX 78703 | PK-6 | 1 mi |
Austin High School, Austin, TX 1715 West Cesar Chavez Street, Austin, TX 78703 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 505 W 7th St #108
Date
Details
Price
Change
Source
10/27/2025
Price Reduced
$308,500
-9%
MLS
6/10/2025
Price Reduced
$339,000
-9.48%
MLS
5/14/2025
Price Reduced
$374,500
-6.14%
MLS
3/16/2025
Price Reduced
$399,000
-8.28%
MLS
10/07/2024
Price Reduced
$435,000
-2.68%
MLS
10/03/2024
Price Reduced
$447,000
-0.67%
MLS
10/01/2024
Listed
$450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 505 W 7th St #108
505 W 7th Street #108, Austin, TX 78701 (MLS# 9639513) is a Condo property with 1 bedroom and 1 full bathroom. 505 W 7th Street #108 is currently listed for $308,500 and was received on October 01, 2024. Want to learn more about 505 W 7th Street #108? Do you have questions about finding other Condo real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.

