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FOR SALE
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$349,900

505 7th ST #308, Austin, TX 78701

Est. Mortgage $NaN/mo

1

beds

1

baths

709

sqft

0.01

acres

Condominium
$567.99/mo HOA
Built in 1964
0.01 Acre Lot
709 sqft
$494/sqft
Request property documents
OVERVIEW

About this condo

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.

Listings checked every few minutes. MLS# 4283227 was Last Updated: 07-19-2026.

Listed by Compass RE Texas, LLC (512) 575-3644

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.

More homes for sale in Downtown

See all homes for sale in Downtown

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 $350K 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 $349,900. It features 1 bedroom, 1 bathroom, 709 square feet, 0.0101 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 $349,900 is 48.5% lower than the median condo price of $680K in Downtown. At $494/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 0.0101 acres of land, and is a condominium style condo.