Property photo 1
FOR SALE
Property photo 2
Property photo 3
Property photo 4
Property photo 5
Property photo 6
Property photo 7
Property photo 8
Property photo 9
Property photo 10
Property photo 11
Property photo 12
Property photo 13
Property photo 14
Property photo 15
Property photo 16
Property photo 17
Property photo 18
Property photo 19
Property photo 20
Property photo 21
Property photo 22
Property photo 23
Property photo 24
Property photo 25
Property photo 26
Property photo 27
1 of 27

$324,999

505 7th ST #113, Austin, TX 78701

Est. Mortgage $2,089/mo

1

beds

1

baths

656

sqft

0.01

acres

Condominium
$568/mo HOA
Built in 1964
0.01 Acre Lot
656 sqft
$495/sqft
Request property documents
OVERVIEW

About this condo

ATTENTION: No HOA leasing permit required and 30-day rentals are allowed—offering rare flexibility for owners and investors! This is the downtown dream! Check out this Spanish hacienda-style boutique community in the heart of Austin’s energetic Market District. This beautifully remodeled 1-bed condo at Posada Del Rey blends warm character with unbeatable walkability—just steps from Lady Bird Lake, Whole Foods, Trader Joe’s, acclaimed restaurants, coffee shops, nightlife, live music, festivals, parks, fitness studios, shopping and more! Interior highlights include an open living and dining layout with a cozy tiled fireplace, hardwood floors throughout, an updated tiled shower and a spacious bedroom with TWO closets, including a rare oversized walk-in. The unique dual-entry floor plan provides private bedroom access in addition to the main entrance overlooking the beautifully landscaped courtyard. Community amenities include a sparkling pool, outdoor grilling areas, fob-controlled entry, bike storage and a reserved garage parking space conveniently located near the elevator. Enjoy easy access to Lamar, Mopac, I-35, 290, 183 and 71, with UT, the Medical District and The Domain just minutes away. Surrounded by Austin’s sleek modern towers, Posada Del Rey stands apart with authentic neighborhood charm and a wonderfully friendly community. Come see it!

Listings checked every few minutes. MLS# 3230506 was Last Updated: 09-21-2026.

Listed by Urbanspace (512) 457-8884

Listing courtesy of Unlock MLS as distributed by MLS Grid. The information being provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but is not guaranteed accurate by MLS Grid or Unlock MLS.

What is the Downtown neighborhood like?

Downtown Austin is the central business district of Austin, Texas, and the seat of both Travis County government and Texas state government. It is generally bounded by Lamar Boulevard on the west, Martin Luther King Jr. Boulevard on the north, Interstate 35 on the east, and Lady Bird Lake on the south, and lies within the 78701 postal area. Several smaller districts sit inside it, among them the Congress Avenue corridor, the Second Street District, the Rainey Street Historic District, the Market and West End area, the Seaholm District and the Red River Cultural District. The Downtown Austin Alliance's 2026 State of Downtown report counted 13,976 residents living in 14,164 residential units, and 131,775 people working in the district.

Explore Downtown

What employers are near 505 7th ST?

  • State of Texas (Government)
  • City of Austin (Government)
  • Travis County (Government)

How does this property compare to others in Downtown?

505 7th ST is listed at $325K vs. the $680K median in Downtown. The neighborhood average is $758/sqft. Homes in Downtown average 85 days on market.

MetricDowntown
Median List Price$680K
Median Sold Price$663K
Average Days on Market85
Average Price per Sqft$758
Active Listings237

Market data as of September 2026.

Frequently Asked Questions

How much is 505 7th ST?

505 7th ST is listed for $324,999. It features 1 bedroom, 1 bathroom, 656 square feet, 0.009 acres. Built in 1964.

What neighborhood is 505 7th ST in?

505 7th ST is located in the Downtown neighborhood of Austin, Texas.

How does 505 7th ST compare to other condos in Downtown?

The asking price of $324,999 is 52.2% lower than the median condo price of $680K in Downtown. At $495/sqft, it compares to the neighborhood average of $758/sqft.

What are the details of 505 7th ST?

505 7th ST was built in 1964, and sits on 0.009 acres of land, and is a condominium style condo.