505 W 7th ST 113,Austin,Travis,Residential

505 W 7th ST 113

MLS# 323050635 days on marketUpdated September 22, 2026 5:53 pm

$ 495 / sqft

$ 324,999

Overview

UpdatedSeptember 22, 2026 5:53 pm
MLS #3230506
Bedrooms1
Bathrooms1
Size656 ft²
Year Built1964
Garage1

Description

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!

Virtual Tour

Address

Interior

  • AppliancesDishwasher,Free-Standing Gas Range,Free-Standing Range,Gas Cooktop,Disposal,Microwave,Oven
  • Bathrooms Full1
  • Bathrooms Half0
  • Bathrooms Total Integer1
  • Bedrooms Total1
  • CoolingYes
  • Fireplace FeaturesLiving Room,Wood Burning
  • Fireplaces Total1
  • FlooringLaminate,Tile
  • HeatingCentral
  • Interior FeaturesBookcases,Built-in Features,Chandelier,Crown Molding,Main Level Primary,Multiple Closets,Open Floorplan,Stone Counters,Recessed Lighting,Walk-In Closet(s),High Speed Internet
  • Laundry FeaturesCommon Area
  • LevelsOne
  • Living Area656
  • Living Area SourceAppraiser
  • Main Level Bedrooms1

Exterior

  • Covered Spaces1
  • Direction FacesSouth
  • Exterior FeaturesExterior Steps,Garden,Gas Grill,Lighting,Outdoor Grill,Private Entrance,Uncovered Courtyard
  • FencingSecurity,Wrought Iron
  • Garage Spaces1
  • Lot FeaturesGarden,Trees Large Size,Trees Medium Size,Views
  • Lot Size Acres0
  • Lot Size Area0
  • Parking FeaturesAssigned,Electric Gate,Garage,Garage Door Opener,Oversized,Secured,Guest
  • Pool FeaturesIn Ground,Community
  • RoofComposition,Mixed,Rubber,Spanish Tile
  • ViewCity Lights,Downtown,Neighborhood,Pool,Trees/Woods
  • ViewYes

Structure

  • Building FeaturesFreight Elevator
  • Construction MaterialsStucco
  • Foundation DetailsSlab
  • Property ConditionResale
  • Stories1
  • Year Built1964
  • Year Built SourcePublic Records

Utilities

  • Distance To Water CommentsLess Than 1 Mile
  • Green Energy EfficientWindows
  • SewerPublic Sewer
  • UtilitiesElectricity Available,Fiber Optic Available,Natural Gas Connected,Sewer Connected,Water Connected
  • Water SourcePublic

Financial

  • Association Fee568
  • Association Fee FrequencyMonthly
  • Association Fee IncludesCommon Area Maintenance,Gas,Hot Water,Maintenance Grounds,Maintenance Structure,Parking,Pest Control,Sewer,Trash,Water
  • Association NamePosada del Rey HOA
  • AssociationYes
  • Parcel Number02060104130023
  • Tax Annual Amount6,360
  • Tax Assessed Value376,140
  • Tax Legal DescriptionUNT 113 POSADA DEL REY CONDOMINIUMS AMENDED PLUS 1.41% INTEREST IN COMMON AREA
  • Tax Lot113
  • Tax Year2026

Schools

Location

  • Community FeaturesBarbecue,Bicycle Storage,Common Grounds/Area,Community Mailbox,Courtyard,Gated,Internet Access,Laundry Facilities,Maintenance On-Site,Pool,Trails/Paths
  • CountryUnited States
  • County Or ParishTravis
  • DirectionsTraveling east on W. 5th ST from Mopac, left on Nueces and right on W. 7th ST. See condo on your immediate right and find convenient street meter parking.
  • Latitude30
  • Longitude-98
  • MLS Area MajorDT
  • Postal Code78701
  • Street Direction PrefixW
  • Street Name7th
  • Street Number505
  • Street Number Numeric505
  • Street SuffixStreet
  • Subdivision NamePosada Del Rey Condo Amd
  • Unit Number113
  • Unparsed Address505 W 7th ST 113

Listing Info

  • Attribution Contact(512) 457-8884
  • Back on Market DateSeptember 5, 2026
  • Contract Status Change DateMay 21, 2026
  • Cumulative Days On Market236
  • Days On Market35
  • DisclosuresSeller Disclosure,Restricted Property Access
  • Documents Change TimestampSeptember 21, 2026
  • Documents Count1
  • List AORAustin Board of Realtors
  • List Agent Direct Phone(512) 507-3355
  • List Agent First NameShelli
  • List Agent Full NameShelli Pauly
  • List Agent Key13974759
  • List Agent Last NamePauly
  • List Agent Middle NameM
  • List Agent MLS ID477235
  • List Agent National Association ID805527805
  • List Office Key985171
  • List Office MLS ID2485
  • List Office NameUrbanspace
  • List Office Phone(512) 457-8884
  • List Office URLwww.urbanspacerealtors.com
  • List Price324,999
  • Listing AgreementExclusive Right To Sell
  • Listing Contract DateMay 21, 2026
  • Listing ID3230506
  • Listing Key1169403248
  • Listing ServiceFull Service
  • Listing TermsCash,Conventional
  • Major Change TimestampSeptember 5, 2026
  • MLS StatusActive
  • Modification TimestampSeptember 22, 2026
  • Occupant TypeVacant
  • On Market DateMay 21, 2026
  • Original Entry TimestampMay 21, 2026
  • Originating System Key230633634
  • Originating System NameACTRIS
  • Ownership TypeCommon
  • Photos Change TimestampSeptember 21, 2026
  • Photos Count27
  • PossessionClosing & Funding,Close Of Escrow
  • Showing Contact NameShelli
  • Showing Contact Phone512-507-3355
  • Showing Contact TypeAgent
  • Source System Key1169403248
  • Special Listing ConditionsStandard
  • Status Change TimestampSeptember 5, 2026
  • Syndicate ToApartments.com,AustinHomeSearch.com,HAR.com,ListHub,Realtor.com
  • Syndication RemarksATTENTION: 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!
  • Universal Property IDUS-48453-N-02060104130023-R-N
  • Videos Change TimestampSeptember 21, 2026
  • Videos Count0

Features & Amenities

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Meet your agent

SP

Shelli Pauly

Listing Agent · Urbanspace

BrokerageUrbanspace
Agent MLS ID477235
Office MLS ID2485

Get in touch

(512) 921-3417Send a message

Office · (512) 457-8884

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Listing courtesy of Urbanspace

MLS# 3230506 · Listing agent Shelli Pauly · Data last updated September 22, 2026 5:53 pm

SPShelli Pauly
HPHeather Powell Residential GroupContact

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