505 W 7th St # 115 Austin, TX $ 315,000
505 W 7th St # 115
$ 315,000
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505 W 7th St # 115

Austin, TX, 78701
$ 315,000
Bedrooms1 Baths1.0 Sq 615

Monthly Estimate*

$ 1,989

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Condo for sale in Austin, TX

for $315,000 with 1 bedroom and 1 full bath. This 615 square foot condo was built in 1964 on a lot size of 0.0087.

Experience the best of downtown Austin living in this beautifully maintained one-story corner condominium, ideally located in the heart of the city. Offering exceptional walkability to Austin’s premier dining, entertainment, shopping, and cultural destinations, this residence combines urban convenience with a welcoming community atmosphere. This rare corner unit enjoys natural light from three sides and features only one shared wall, creating a bright, private, and comfortable living environment. Inside, you'll find an open-concept layout with timeless finishes, including granite countertops throughout, durable tile flooring, and tile baseboards that make maintenance effortless. The spacious bedroom, inviting living area, and well-appointed kitchen provide a functional and stylish space for everyday living. Residents enjoy secure key-fob access, gated entry, and reserved underground parking for added peace of mind. The intimate community offers a true neighborhood feel with a beautifully landscaped courtyard, resort-style pool, and outdoor grilling areas perfect for relaxing or entertaining. Additional conveniences include on-site laundry facilities and newly installed energy-efficient windows that enhance comfort and efficiency. Whether you're seeking a full-time residence, lock-and-leave lifestyle, or downtown retreat, this move-in-ready condo delivers privacy, security, and unbeatable access to everything Austin has to offer. A rare find in Austin, this community allows rentals with a minimum 30-day lease term, offering added flexibility for owners seeking a furnished or mid-term rental opportunity.

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Condo Active

Price

$ 315,000

Bedrooms

1

Full Bath

1

Property Type

Condo

Taxes

$ 6,064

Style

Condominium

Lot Size

0.0087

Year Built

1964

Town/City

Austin

County/Region

Travis

MLS | Web ID

5384911

Features
General
Living Area 615
Sewer Public Sewer
Heating Central Electric
Cooling Central Air Electric
Utilities Electricity Available
Roof Concrete
Appliances Dishwasher Disposal Freezer Ice Maker Microwave Free-Standing Gas Oven Free-Standing Gas Range Refrigerator Stainless Steel Appliance(s)
HOA Fee 571
Garage Spaces 1
Association Fee Includes Common Area Maintenance
Patio/Porch Features Covered Front Porch Rear Porch
Pool Features None
Security Features Carbon Monoxide Detector(s) Fire Alarm Key Card Entry Secured Garage/Parking Security Fence Security Lights Smoke Detector(s)
Construction Materials Stucco
Year Built 1964
View City Downtown Garden
Levels One
Unit Number 115
Property Subtype Condominium
Tax Year 2026
Waterfront Features None
Community Features BBQ Pit/Grill Bike Storage/Locker Common Grounds Controlled Access Curbs Garage Parking Gated Pool Sidewalks
Accessibility Adaptable For Elevator Accessible Approach with Ramp
Assoc Fee Paid Per Monthly
County Travis
New Construction N
Property Type Residential
HOA Y
Energy Efficient None
Subdivision Name Posada Del Rey Condo Amd
Facing Direction North
Green Sustainability None
Other Structures None
Full Baths 1
Status Active
Directions From I-35 take the exit for 6th–8th Street/Downtown Austin and continue west on 7th Street. Stay on 7th Street for several blocks through downtown then arrive at 505 W 7th St #115 which will be locat
High School Austin
City Austin
Disclosures Seller Disclosure
Association Name Posada Del Rey HOA
MLS Area DT
Lot Size Square Feet 378.97
Elementary School Mathews
Tax Annual Amount 6063.9
Middle/Junior High School O Henry
Property Condition Resale
Virtual Tour https://sites.frankgarnica.com/mls/262074451 https://sites.frankgarnica.com/505west7thstreet
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 356104
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Interior
Interior Amenities Ceiling Fan(s) Natural Woodwork No Interior Steps Open Floorplan Primary Bedroom on Main Walk-In Closet(s)
Flooring Tile
Total Fireplaces 0
Window Features Blinds Drapes Double Pane Windows ENERGY STAR Qualified Windows Screens
Half Baths 0
Total Bedrooms 1
Main Level Bedrooms 1
Total Baths 1
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Exterior
Exterior Amenities Barbecue Uncovered Courtyard Exterior Steps Garden Gas Grill Outdoor Grill Private Entrance Restricted Access
Fencing Security Wrought Iron
Parking Features Assigned Garage Garage Door Opener Reserved
Lot Features City Lot Corner Lot Native Plants Trees-Moderate
Water Source Public
Total Parking 1
Foundation Details Slab
Lot Size Acres 0.0087
Waterfront Y/N N
Covered Spaces 1
Horse Y/N N
Horse Amenities None
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Internal Only
Street Number 1 505
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* Excluded Features
List By
Ricky Cain

Listing Agent

Keller Williams Realty

Broker

listings@cainrealtygroup.com

Email

Affordability Calculator

$2,494
Per Month
80%
20%
0%
Monthly Principal & Interest
$1,989
Monthly Property Taxes
$505
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4360597 Elementary School
4360311 Middle School
Austin High School High School
Pricing History
DatePricePrice ChangeDescription
8/21/2026$315,000 Listed Price

Map


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505 W 7th St # 115, Austin, TX, 78701 is a Condo for sale at $315,000 with 615 sqft and a lot size of 0.0087. 505 W 7th St # 115 has 1 bedrooms, 1.0 baths, and was built in 1964. The property's zip code is 78701 which is in Austin, TX