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$315,000
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Property Description
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.
Full Property Details
Full Property Details for 505 W 7th St #115
General
- Price: $315,000
- HOA FEE: $571/month
- Taxes: $6,063 (2026)
- Status: Active
- Type: Condo
- Source: Austin_MLS
- MLS ID: 5384911
- Updated: 8/21/2026
- Added to Site: 66 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Main Level Primary, No Interior Steps, Open Floorplan, Natural Woodwork, Walk-In Closet(s)
- Appliances: Dishwasher, Free-Standing Gas Oven, Free-Standing Gas Range, Freezer, Disposal, Ice Maker, Microwave, Refrigerator, Stainless Steel Appliance(s)
- 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, Bicycle Storage, Common Grounds/Area, Curbs, Gated, Pool, Sidewalks
- Shared Pool: Yes
- Pool: Yes
- Pool Description: None, Community
- Security/Safety: Carbon Monoxide Detector(s), Fire Alarm, Secured Garage/Parking, Key Card Entry, Smoke Detector(s), Security Fence, Security Lights, Controlled Access
Exterior
- Exterior Features: Barbecue, Exterior Steps, Garden, Gas Grill, Outdoor Grill, Private Entrance, Uncovered Courtyard
- Porch/Patio/Deck: Rear Porch, Covered, Front Porch
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Total Spaces: 1
- Parking Features: Assigned, Garage, Garage Door Opener, Guest
Location
- Area: DT
- County: Travis
- Subdivision: Posada Del Rey Condo Amd
- Driving Directions: From I-35, take the exit for 6th–8th Street/Downtown Austin and continue west on 7th Street. Stay on 7th Street for several blocks through downtown, then arrive at 505 W 7th St #115, which will be located near the intersection of W 7th Street and San Antonio Street in downtown Austin.
- Direction Faces: North
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
- Gated community: Yes
- Association: Yes
- Assoc. Name: Posada Del Rey HOA
- Assoc. Fees Include: Common Area Maintenance
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available
Structural Information
- Detached/Attached: Detached
- Construction: Stucco
- Roof: Concrete
- Windows: Blinds, Double Pane Windows, Drapes, ENERGY STAR Qualified Windows, Screens
- Stories/Levels: 1
- Square Feet: 615
- Sq. Ft. Source: Public Records
- Living Area: 615 Sq. Ft.
- Year Built: 1964
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: None
Lot Features
- Property View: City, Garden
- Lot Size (Acres): 0.0087
- Lot Size (Sq. Ft.): 378.97
- Sidewalks: Yes
- Fence: Yes
- Lot Features: Corner Lot, City Lot, Moderate Trees, Native Plants
- Fencing (Description): Security, Wrought Iron
Financial Considerations
- Association Fee: $571
- Assoc Fee Freq.: Monthly
- Assessment Amount: $356,104
- Tax Amount: $6,063.9
- Tax Year: 2026
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: HOA Documents
- Legal Description: UNT 115 POSADA DEL REY CONDOMINIUMS AMENDED PLUS 1.41% INT IN COMMON AREA
- Disclosures/Reports: Seller Disclosure, Restricted Property Access
- Property ID: 2060104130025
- Lot Number: 115
Listed by Keller Williams Realty
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Price & Sales History for 505 W 7th St #115
Date
Details
Price
Change
Source
6/18/2026
Listed
$315,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 505 W 7th St #115
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,999
-78%
$418,978
100%
2022
$9,182
494%
-100%
2021
$1,545
-76%
$286,168
—
2020
$6,380
4%
$286,535
—
2020
$6,146
2%
$286,535
4%
2018
$6,034
19%
$274,709
10%
2016
$5,063
-9%
$249,735
10%
2017
$5,569
9%
$227,032
2%
2015
$5,108
13%
$222,486
10%
2013
$4,529
—
$202,260
10%
2013
$4,529
—
$183,873
—
Disclaimer: Historical tax 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 #115
505 W 7th Street #115, Austin, TX 78701 (MLS# 5384911) is a Condo property with 1 bedroom and 1 full bathroom. 505 W 7th Street #115 is currently listed for $315,000 and was received on June 18, 2026. Want to learn more about 505 W 7th Street #115? 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.

