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Market Overview for Posada del Rey
There are 4 active listings in Posada del Rey with a median list price of $337K and a median sold price of $303K.
Homes average 17 days on market.
Most homes that closed in the last 90 days sold in the $300K-$500K range (100% of 1 closings), taking a median 17 days to go under contract; 0% of closings were $500K or more.
Over the past 30 days, 0 homes have sold, with 2 sales in the past 12 months.
The average price per square foot is $483.
About Posada del Rey
Posada del Rey is the condominium community at 505 West 7th Street in downtown Austin. The courtyard arrangement offers a different building experience from the nearby glass towers. Units should be compared by their individual layout and entry position within the complex.
The West 7th Street location puts the property within downtown’s western core. Walk the immediate block and compare street-facing exposure with courtyard-facing positions before choosing a unit.
Browse the listings below for current asking prices and property details. Use the status filter to compare available homes, homes under contract and recorded sales. Availability changes; the building guide is separate from the live listing and market data.
Living in Posada del Rey
The community has a courtyard and pool, with garage parking arrangements that need to be checked for each unit. Some residences have more than one interior level; do not infer accessibility or room arrangement from the bedroom count alone.
Inspect stairs, laundry arrangements, outdoor space and the dimensions of the assigned parking space. Renovation levels vary, so review the condition of the actual kitchen, bathrooms and mechanical equipment.
Before making an offer, request the current association documents, budget, reserve information, insurance summary and assessment notices. Confirm the unit’s dues, parking and storage rights, pet and leasing rules, and move-in requirements.
Posada del Rey Schools
School District: Austin Independent School District
Public Schools
Frequently Asked Questions
What is the address of Posada del Rey?
Posada del Rey is at 505 W 7th St, Austin, TX 78701. Match the unit number and legal description when reviewing a listing or association documents.
Is Posada del Rey a high-rise tower?
It is a courtyard-style condominium community at 505 West 7th Street. Its layout and shared spaces differ from the taller downtown buildings, and some homes have interior stairs.
What should I check during a tour of Posada del Rey?
Inspect stairs, laundry arrangements, outdoor space and the dimensions of the assigned parking space. Renovation levels vary, so review the condition of the actual kitchen, bathrooms and mechanical equipment.
How do I verify HOA dues at Posada del Rey?
Use the current statement for the specific unit and the association’s resale documents. Ask what dues cover and whether separate charges or assessments apply; an older listing may show an outdated amount.
Where can I compare listings and recent sales at Posada del Rey?
Use this page’s listing status filters and market section. Compare similar layouts, condition, parking and orientation. Active and under-contract listings are different from closed transactions; past sales are not current offers.