505 W 7th ST # 308, Austin TX 78701
Austin, TX 78701 · Posada Del Rey Condo Amd
Condominium for sale in Posada Del Rey Condo Amd
Overview
Property Description
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.
Financial Info
- Price
- $349,900
- $ / Sqft
- $494
- HOA
- Yes - Mandatory / $567.99 / Monthly
- HOA Name
- Posada Del Rey Condominium Association
- HOA Includes
- Common Area Maintenance, Gas, Hot Water, Landscaping, Maintenance Grounds, Parking, Pest Control, Sewer, Trash, Water
- Tax Rate
- 0.9252%
- Est. Taxes
- $6,832
- Tax Year
- 2026
- Exemptions
- None
Legal Info
- Address
- 505 W 7th ST # 308
- County
- Travis
- City
- Austin
- State
- TX
- Zip
- 78701
- Subdivision
- Posada Del Rey Condo Amd
- Legal Description
- UNT 308 POSADA DEL REY CONDOMINIUMS AMENDED PLUS 1.41% INT IN COMMON AREA
- Parcel
- 02060104130059
Interior Features
- Floor
- Tile
- Num Living
- 1
- Dining
- 1
- Kitchen
- Eat-in Kitchen, Pantry
- Appliances
- Dishwasher, Disposal, ENERGY STAR Qualified Dishwasher, Exhaust Fan, Microwave, Free-Standing Gas Oven, Plumbed For Ice Maker, Free-Standing Gas Range, Free-Standing Refrigerator, Stainless Steel Appliance(s)
- Laundry
- Common Area
- Master Bed
- Primary Bedroom on Main, Walk-In Closet(s)
- Master Main
- Yes
- Fireplaces
- 1
- Fireplace Description
- Family Room, Raised Hearth, Wood Burning
- Interior Features
- Bookcases, Built-in Features, Ceiling Fan(s), Stone Counters, Eat-in Kitchen, High Speed Internet, Open Floorplan, Pantry, Primary Bedroom on Main, Recessed Lighting, Walk-In Closet(s), 24 Hour Security, Closed Circuit Camera(s), Fire Alarm, Fire Sprinkler System, Firewall(s), Key Card Entry, Secured Garage/Parking, Security Fence, Smoke Detector(s), None
General Info
- Beds
- 1 Total / 1 Main Level
- Full / Half Baths
- 1 / 0
- Prop Type
- Residential
- Property Type
- Condominium
- Stories
- 1
- Year Built
- 1964 / Resale
- Square Feet
- 709 / Public Records
- Garages
- 1
- Garage Desc
- Assigned, Drive Through, Garage
- Foundation
- Slab
- Roof
- Composition, Mixed, Rubber, Spanish Tile
- Construction
- Stucco
- Acres
- 0.01
- Lot Description
- City Lot, Curbs, Garden, Landscaped, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft), Views
- Restrictions
- City Restrictions, Covenant, Deed Restrictions
- Flood Plain
- No
- View
- City, City Lights, Downtown, Panoramic, Pool, Skyline
- Water Access
- No
- Waterfront
- No
- Area
- DT
Utility Info
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Electricity Connected, Internet-Fiber, Natural Gas Connected, Sewer Connected, Water Connected
- Heat
- Ceiling
- A C
- Ceiling Fan(s), Central Air
Exterior Features
- Fence
- Fenced, Gate, Security, Wrought Iron
- Exterior Features
- Garden, Gutters Partial, Lighting, Outdoor Grill, Private Entrance, Restricted Access, None
- Pool On Property
- Yes
- Area Amenities
- BBQ Pit/Grill, Bike Storage/Locker, Cluster Mailbox, Common Grounds, Controlled Access, Courtyard, Covered Parking, Curbs, Gated, High Speed Internet, Laundry Facility(s), Maintenance On-Site, Pool, Sidewalks, Street Lights, Tenant Access Cargo Elevator
Rooms
Main level
- Primary Bathroom
Beautifully updated primary bathroom with quartz vanity, frameless glass walk-in shower, brushed gold fixtures, recessed lighting, and elegant modern finishes throughout.
Quartz Counters, Full Bath, Recessed Lighting, Two Primary Closets, Walk-in Shower
- Primary Bedroom
Generously sized primary retreat offering dual closets, recessed lighting, ceiling fan, large windows, and convenient access to the updated bath featuring a quartz vanity, designer fixtures, and frameless glass walk-in shower.
Ceiling Fan(s), Quartz Counters, Full Bath, Recessed Lighting, Two Primary Closets, Walk-in Shower
- Kitchen
Well-designed kitchen offering stone countertops, gas cooking, abundant cabinetry, pantry storage, recessed lighting, breakfast area, and an open flow to the dining and family room.
Bookcases, Kitchn - Breakfast Area, Stone Counters, Dining Area, Eat In Kitchen, Open to Family Room, Pantry, Plumbed for Icemaker, Recessed Lighting
Price history
| Date | Event | Price | Change |
|---|---|---|---|
| Jun 5, 2026 | New Listing | — |
Taxes
Schools
School Info
- District
- Austin ISD
- Elementary
- Mathews
- Middle
- O Henry
- High
- Austin
Maps
Financing
Your preferences
- 20% down
- Conv/Jumbo
- 30 years
- 6.50% rate
Saved on this device
Estimated monthly payment
$2,630 / mo
20% down · 6.50% interest · 30-year fixed
Estimated monthly payment $2,630
- Principal & interest
- $1,769
- Property taxes
- $569
- Homeowners insurance
- $292
*PITI only
These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.
| Year | Starting balance | Principal paid | Interest paid | Ending balance | Principal vs interest |
|---|---|---|---|---|---|
| 1 | $279,920 | $3,129 | $18,103 | $276,791 | |
| 2 | $276,791 | $3,338 | $17,893 | $273,453 | |
| 3 | $273,453 | $3,562 | $17,670 | $269,891 | |
| 4 | $269,891 | $3,800 | $17,431 | $266,091 | |
| 5 | $266,091 | $4,055 | $17,177 | $262,036 | |
| 6 | $262,036 | $4,326 | $16,905 | $257,709 | |
| 7 | $257,709 | $4,616 | $16,615 | $253,093 | |
| 8 | $253,093 | $4,925 | $16,306 | $248,168 | |
| 9 | $248,168 | $5,255 | $15,976 | $242,913 | |
| 10 | $242,913 | $5,607 | $15,624 | $237,305 |
- Year 1$276,791
- Principal paid
- $3,129
- Interest paid
- $18,103
- Starting balance
- $279,920
- Year 2$273,453
- Principal paid
- $3,338
- Interest paid
- $17,893
- Starting balance
- $276,791
- Year 3$269,891
- Principal paid
- $3,562
- Interest paid
- $17,670
- Starting balance
- $273,453
- Year 4$266,091
- Principal paid
- $3,800
- Interest paid
- $17,431
- Starting balance
- $269,891
- Year 5$262,036
- Principal paid
- $4,055
- Interest paid
- $17,177
- Starting balance
- $266,091
- Year 6$257,709
- Principal paid
- $4,326
- Interest paid
- $16,905
- Starting balance
- $262,036
- Year 7$253,093
- Principal paid
- $4,616
- Interest paid
- $16,615
- Starting balance
- $257,709
- Year 8$248,168
- Principal paid
- $4,925
- Interest paid
- $16,306
- Starting balance
- $253,093
- Year 9$242,913
- Principal paid
- $5,255
- Interest paid
- $15,976
- Starting balance
- $248,168
- Year 10$237,305
- Principal paid
- $5,607
- Interest paid
- $15,624
- Starting balance
- $242,913
Nearby
Courtesy of Compass RE Texas, LLC · (512) 575-3644
Listings courtesy of ACTRIS as distributed by MLS GRID.