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$349,900
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Property 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.
Full Property Details
Full Property Details for 505 W 7th St #308
General
- Price: $349,900
- HOA FEE: $568/month
- Taxes: $6,832 (2026)
- Status: Active
- Type: Condo
- Source: Austin_MLS
- MLS ID: 4283227
- Updated: 7/18/2026
- Added to Site: 51 day(s) ago
Interior
- Interior Features: Bookcases, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Main Level Primary, Open Floorplan, Pantry, Stone Counters, Recessed Lighting, Walk-In Closet(s), High Speed Internet
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Family Room, Raised Hearth, Wood Burning
- Appliances: Dishwasher, ENERGY STAR Qualified Dishwasher, Exhaust Fan, Free-Standing Gas Oven, Free-Standing Gas Range, Free-Standing Refrigerator, Disposal, Microwave, Plumbed For Ice Maker, 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
Additional Information
- Shared Amenities: Barbecue, Bicycle Storage, Common Grounds/Area, Community Mailbox, Courtyard, Gated, Internet Access, Laundry Facilities, Maintenance On-Site, Pool, Street Lights, Sidewalks, Trails/Paths, Curbs
- Shared Pool: Yes
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground, Outdoor Pool, Community
- Security/Safety: Closed Circuit Camera(s), Fire Alarm, Firewall(s), Fire Sprinkler System, Secured Garage/Parking, 24 Hour Security, Key Card Entry, Smoke Detector(s), Security Fence, Controlled Access
Exterior
- Exterior Features: Garden, Lighting, Outdoor Grill, Private Entrance, Rain Gutters
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Total Spaces: 1
- Parking Features: Assigned, Drive Through, Garage, Covered
Location
- Area: DT
- County: Travis
- Subdivision: Posada Del Rey Condo Amd
- Driving Directions: Travel east on W. 5th Street from MoPac Expressway. Turn left onto Nueces Street, then right onto W. 7th Street. Posada Del Rey Condominiums, located at 505 W. 7th Street, will be immediately on your right in the heart of Downtown Austin’s vibrant West 6th District. Convenient metered street parking and nearby public parking garages are available for guests. The unit includes assigned garage parking space #136, accessed via key fob through the secured garage entrance off San Antonio Street.
- 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 Condominium Association
- Assoc. Fees Include: Common Area Maintenance, Gas, Hot Water, Maintenance Grounds, Parking, Pest Control, Sewer, Trash, Water
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Ceiling
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Fiber Optic Available, Natural Gas Connected, Sewer Connected, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Stucco
- Roof: Composition, Mixed, Rubber, Spanish Tile
- Windows: None
- Stories/Levels: 1
- Square Feet: 709
- Sq. Ft. Source: Public Records
- Living Area: 709 Sq. Ft.
- Year Built: 1964
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: None
Lot Features
- Property View: City Lights, City, Panoramic, Pool
- Lot Size (Acres): 0.0101
- Lot Size (Sq. Ft.): 439.96
- Street Lights: Yes
- Sidewalks: Yes
- Fence: Yes
- Lot Features: City Lot, Garden, Landscaped, Trees Large Size, Trees Medium Size, Views
- Fencing (Description): Fenced, Gate, Security, Wrought Iron
Green Features
- Energy Efficient: Appliances
Financial Considerations
- Association Fee: $568
- Assoc Fee Freq.: Monthly
- Assessment Amount: $418,978
- Tax Amount: $6,832.25
- Tax Year: 2026
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Estate
- Legal Description: UNT 308 POSADA DEL REY CONDOMINIUMS AMENDED PLUS 1.41% INT IN COMMON AREA
- Disclosures/Reports: Lead Based Paint Disclosure, Seller Disclosure, Restricted Property Access
- Property ID: 2060104130059
- Lot Number: 308
Listed by Compass RE Texas, LLC
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Price & Sales History for 505 W 7th St #308
Date
Details
Price
Change
Source
6/05/2026
Listed
$349,900
—
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 #308
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 #308
505 W 7th Street #308, Austin, TX 78701 (MLS# 4283227) is a Condo property with 1 bedroom and 1 full bathroom. 505 W 7th Street #308 is currently listed for $349,900 and was received on June 05, 2026. Want to learn more about 505 W 7th Street #308? 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.

