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SOLD
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$340,000

Last List Price

505 7th ST #114, Austin, TX 78701

1

beds

1

baths

619

sqft

0.01

acres

Condominium
$567.99/mo HOA

About This Condo

Welcome to Posada Del Rey, a hidden gem in the heart of Downtown Austin. This charming 1-bedroom, 1-bath condo blends Old World character with modern convenience, featuring Saltillo tile floors, Spanish tile accents, and an updated kitchen with ample storage. Tucked away on a quiet side street backing up to a historic district, this condo offers a peaceful retreat while keeping you steps from the vibrant energy of the city. HOA monthly payment INCLUDES all Gas, Water and Trash, plus building insurance, property management, and maintenance for building structure, landscaping and swimming pool. Garage Parking spot is #76 Underground. On-site laundry facility in common area. This first floor unit offers two entrances into the unit: one entry from the gated courtyard and a second entrance off the unit's rear patio along 7th Street for added convenience. The beautifully landscaped courtyard, rustic walkways, and fountains create a tranquil setting, while the community pool, BBQ pits, and inviting outdoor spaces make it easy to relax and connect with neighbors. This low-rise condo unit offers also offers a gated covered garage with one assigned parking spot and underground communal storage. The walkability is unbeatable with easy access to Lady Bird Lake Trail, West 6th Street, top restaurants, coffee shops, grocery stores and boutique fitness studios. Dine at Ranch 616 only steps away from your back door or grab organic groceries at Whole Foods and treasure hunt for snacks at Trader Joe's. Experience the perfect blend of Spanish-Colonial charm and urban convenience—schedule a showing today!

Listings checked every few minutes. MLS# 2937256 was Last Updated: 08-29-2025.

Listed by Jen Graf, Compass RE Texas, LLC (512) 736-6034

Buyer Represented by Nick Pierce, Compass RE Texas, LLC (512) 560-8343

Neighborhood

Assigned Schools

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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 San Marcos is the historic center of San Marcos, Texas — not to be confused with downtown Austin. San Marcos is a city of approximately 68,000 residents in Hays County, located along Interstate 35 roughly 30 miles south of Austin and 50 miles north of San Antonio. The town center, known locally as "the square," was laid out in 1851 and is listed on the National Register of Historic Places. The restored 1909 Hays County Courthouse sits at the center of the square, surrounded by independent shops, restaurants, and small businesses occupying historic commercial buildings that date from the late 19th and early 20th centuries. A portion of downtown falls within the locally designated Downtown Historic District, which received its National Register listing in 1993 and provides formal preservation standards for the area's architecture. The district's designation means exterior modifications to contributing structures require review, helping maintain the built environment that defines the neighborhood's character.

Explore Downtown

What employers are near 505 7th ST?

  • Texas State University (Higher Education)
  • San Marcos Premium Outlets / Tanger Outlets (Retail)
  • Central Texas Medical Center (Healthcare)

How does this property compare to others in Downtown?

505 7th ST is listed at $340K vs. the $739K median in Downtown. The neighborhood average is $764/sqft. Homes in Downtown average 128 days on market.

MetricDowntown
Median List Price$739K
Median Sold Price$598K
Average Days on Market128
Average Price per Sqft$764
Active Listings257

Market data as of May 2026.

Frequently Asked Questions

How much is 505 7th ST?

505 7th ST is listed for $340,000. It features 1 bedroom, 1 bathroom, 619 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 $340,000 is 54.0% lower than the median condo price of $739K in Downtown. At $549/sqft, it compares to the neighborhood average of $764/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.