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Jacob Hannusch
 #113 - Photo 1

#113

505 W 7th St #113, Austin 78701

$324,900

1

Bedrooms

1

Bathrooms

666

Sq Ft

$488

Price/SF

About This Property

Posada Del Rey is a landmark of historic charm elevated within Austin's most dynamic downtown district. This one-bedroom condo blends authentic Spanish hacienda allure with modern convenience and unbeatable walkability. Step inside to find an inviting open-concept living and dining area with wood-style plank flooring and a remodeled bathroom. The spacious bedroom features two closets, including a rare walk-in closet, an exceptional amenity in downtown one-bedroom units of this size. A unique highlight: the bedroom features a secondary entry door, offering private access to the quiet north side of the building, while the main entrance opens onto a secure, lushly landscaped courtyard. Add the modern, renovated interior, gracefully contrasted by the vintage exterior, and you'll appreciate the rarity of this downtown home. Residents enjoy a massive central courtyard with grills, a sparkling pool, and a grassy lawn. A large reserved garage parking spot, gated bicycle room, plus HOA-covered utilities (water, gas, trash), common area insurance, maintenance, and landscaping, make for carefree living. Surrounded by Austin’s towering modern glass high-rises, this community stands out with its distinctive character and immediate street access. Just steps south, West 6th’s entertainment district beckons, while to the north lie preserved Victorian homes and a neighborhood feel. Town Lake, dining, nightlife, and shopping are all within easy walking distance—offering the best of both worlds. This is more than a condo; it’s a downtown lifestyle with soul. (INCENTIVE: $3900 buy-down rate paid for buyer by JVM Lending).

Property Details

StatusActive
Days on Market25
List DateMar 21, 2026
Year Built1964
Property TypeCondominium
HOA Fee$568/monthly
Tax (Annual)$7,254.4 (2024)

Listing History

ActiveNow

Active · 25 days on market

Price reducedMar 31, 2026

Price reduced to $324,900

ListedMar 21, 2026

Listed for $349,900

Listed by: Nick Pierce ((512) 560-8343), Sprout Realty ((512) 770-6526)

Source: Unlock MLS, MLS#: 7042319

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