About 505 W 7th Street 113
Live the downtown dream in this Spanish hacienda-style boutique community in the heart of Austin’s energetic Market District. This beautifully remodeled 1-bedroom 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. BONUS—the HOA permits 30-day rentals, offering added flexibility for owners and investors. 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!
Features of 505 W 7th Street 113
| MLS® # | 3230506 |
|---|---|
| Price | $324,999 |
| Bedrooms | 1 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 656 |
| Acres | 0.01 |
| Year Built | 1964 |
| Type | Residential |
| Sub-Type | Condominium |
| Status | Active |
Community Information
| Address | 505 W 7th Street 113 |
|---|---|
| Area | DT |
| Subdivision | Posada Del Rey Condo Amd |
| City | Austin |
| County | Travis |
| State | TX |
| Zip Code | 78701 |
Amenities
| Utilities | Electricity Available, Sewer Connected, Water Connected, Fiber Optic Available, Natural Gas Connected |
|---|---|
| Features | Barbecue, Common Grounds/Area, Pool, Trails/Paths, Bicycle Storage, Community Mailbox, Courtyard, Gated, Internet Access, Laundry Facilities, Maintenance On-Site |
| Parking | Electric Gate, Garage, Garage Door Opener, Assigned, Guest, Oversized, Secured |
| Garage Spaces | 1 |
| Garages | Garage Door Opener |
| View | Neighborhood, Trees/Woods, City, City Lights, Pool |
| Is Waterfront | No |
| Waterfront | None |
| Has Pool | Yes |
Interior
| Interior | Tile, Laminate |
|---|---|
| Interior Features | Built-in Features, Main Level Primary, Open Floorplan, Recessed Lighting, Walk-In Closet(s), Bookcases, Chandelier, Crown Molding, High Speed Internet, Multiple Closets, Stone Counters |
| Appliances | Dishwasher, Free-Standing Range, Gas Cooktop, Disposal, Microwave, Free-Standing Gas Range, Oven |
| Heating | Central |
| Fireplace | Yes |
| # of Fireplaces | 1 |
| Fireplaces | Living Room, Wood Burning |
| # of Stories | 1 |
| Stories | One |
Exterior
| Exterior Features | Exterior Steps, Private Entrance, Garden, Gas Grill, Lighting, Outdoor Grill, Uncovered Courtyard |
|---|---|
| Lot Description | Views, Garden, Trees Large Size, Trees Medium Size |
| Roof | Composition, Mixed, Rubber, Spanish Tile |
| Construction | Stucco |
| Foundation | Slab |
School Information
| District | Austin ISD |
|---|---|
| Elementary | Mathews |
| Middle | O Henry |
| High | Austin |
Additional Information
| Date Listed | May 21st, 2026 |
|---|---|
| Days on Market | 19 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Urbanspace |
|---|---|
| Contact Info | (512) 457-8884 |
| Office Contact | (512) 457-8884 |