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$399,900 Just Listed
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Property Description
Live steps from the pulse of Austin at 505 W 7th St #319-a 2-bedroom, 1-bath condo with garage parking in the heart of downtown, just steps away from the energy of West 6th Street. This ~960 sq ft residence offers a flexible layout ideal for roommates, a home office setup, or maximizing rental potential. The open living and kitchen area creates an easy, functional flow, while both bedrooms provide comfortable, private spaces-rare for this price point in such a prime location. Located in the Posada Del Rey community, enjoy gated access, a charming courtyard setting, pool, and BBQ areas-offering a quieter retreat just outside your door while still being surrounded by the buzz, excitement, and nonstop action of downtown Austin. Situated in the heart of downtown, you're just steps from Austin's best dining, nightlife, and entertainment in the Warehouse District, along with easy access to Lady Bird Lake, Whole Foods, and major employers. Whether you're looking for a primary residence, a lock-and-leave downtown escape, or an investor-friendly property in a high-demand rental corridor, this unit delivers location, flexibility, and true Austin lifestyle.
Full Property Details
Full Property Details for 505 W 7th St #319
General
- Price: $399,900
- HOA FEE: $568/month
- Taxes: (2025)
- Status: Active
- Type: Condo
- Source: Austin_MLS
- MLS ID: 4694471
- Updated: 5/5/2026
- Added to Site: 2 day(s) ago
Interior
- Interior Features: Main Level Primary
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room
- Appliances: Built-In Gas Oven, Built-In Gas Range, Cooktop, Dishwasher, Disposal, Microwave
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main: 2
Other Rooms
- Laundry: Common Area
Additional Information
- Shared Amenities: Barbecue, Gated, Pool
- Shared Pool: Yes
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground, Community
- Spa Description: None
- Security/Safety: None
Exterior
- Exterior Features: None
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Total Spaces: 1
- Parking Features: Assigned, Underground, Garage
Location
- Area: DT
- County: Travis
- Subdivision: Posada Del Rey Condo Amd
- Driving Directions: From Congress, go west on 6th street to San Antonio Street, turn right. The Posada Del Rey Condos are at corner of 7th and San Antonio. Enter on 7th.
- Direction Faces: East
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 Owners Association, Inc
- Assoc. Fees Include: Common Area Maintenance, See Remarks
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Natural Gas Available
Structural Information
- Detached/Attached: Detached
- Construction: Masonry
- Roof: Membrane
- Windows: Blinds, Window Coverings
- Stories/Levels: 1
- Square Feet: 960
- Sq. Ft. Source: Public Records
- Living Area: 960 Sq. Ft.
- Year Built: 1964
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: None
Lot Features
- Property View: City
- Lot Size (Acres): 0.014
- Lot Size (Sq. Ft.): 609.84
- Lot Features: None
- Fencing (Description): None
Financial Considerations
- Association Fee: $568
- Assoc Fee Freq.: Monthly
- Assessment Amount: $435,936
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, Fannie Mae, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: See Remarks
- Legal Description: Unt 319 Posada Del Rey Condominiums Amended Plus 1.82% Int In Common Area
- Disclosures/Reports: See Remarks
- Property ID: 2060104130066
Listed by VIP Realty
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Price & Sales History for 505 W 7th St #319
Date
Details
Price
Change
Source
5/05/2026
Listed
$399,900
—
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 #319
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,803
-6%
$332,406
-9%
2024
$7,213
-2%
$363,962
100%
2022
$7,337
36%
-100%
2021
$5,376
-6%
$247,000
-4%
2020
$5,725
4%
$257,100
—
2020
$5,519
-3%
$257,775
—
2018
$5,677
15%
$258,447
3%
2016
$4,936
-16%
$251,532
14%
2017
$5,853
23%
$221,341
7%
2015
$4,761
16%
$207,355
-1%
2013
$4,113
—
$208,967
25%
2013
$4,113
—
$166,978
—
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 #319
505 W 7th Street #319, Austin, TX 78701 (MLS# 4694471) is a Condo property with 2 bedrooms and 1 full bathroom. 505 W 7th Street #319 is currently listed for $399,900 and was received on May 05, 2026. Want to learn more about 505 W 7th Street #319? 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.

