About 505 W 7th Street 113
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!
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, Natural Gas Connected, Sewer Connected, Water Connected, Fiber Optic Available |
|---|---|
| Features | Barbecue, Common Grounds/Area, Community Mailbox, Pool, Trails/Paths, Bicycle Storage, Courtyard, Gated, Internet Access, Laundry Facilities, Maintenance On-Site |
| Parking | Garage, Assigned, Electric Gate, Garage Door Opener, Guest, Oversized, Secured |
| Garage Spaces | 1 |
| Garages | Garage Door Opener |
| View | City, City Lights, Neighborhood, Pool, Trees/Woods |
| Is Waterfront | No |
| Waterfront | None |
| Has Pool | Yes |
Interior
| Interior | Laminate, Tile |
|---|---|
| Interior Features | Main Level Primary, Recessed Lighting, Walk-In Closet(s), Bookcases, Built-in Features, Chandelier, Crown Molding, High Speed Internet, Multiple Closets, Open Floorplan, Stone Counters |
| Appliances | Dishwasher, Disposal, Microwave, Free-Standing Gas Range, Free-Standing Range, Gas Cooktop, Oven |
| Heating | Central |
| Fireplace | Yes |
| # of Fireplaces | 1 |
| Fireplaces | Living Room, Wood Burning |
| # of Stories | 1 |
| Stories | One |
Exterior
| Exterior Features | Exterior Steps, Garden, Gas Grill, Lighting, Outdoor Grill, Private Entrance, Uncovered Courtyard |
|---|---|
| Lot Description | Trees Medium Size, Views, Garden, Trees Large 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 | 24 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Urbanspace |
|---|---|
| Contact Info | (512) 457-8884 |