$399,000

505 W 7th St Unit 108 Austin, TX 78701

$4,738
Closing credit¹
1 bed
1 full
629 sqft
0.01 acres
$634 / sqft
Condo

Property details

About 505 W 7th St Unit 108

One of the best kept secrets in downtown Austin! Sweet ground floor unit with saltillo tile throughout, talavera tile in kitchen, cozy living area with fireplace! Front door plus back door to exit 7th street. Large window in bedroom w/2" blinds! Can't beat this location--WALK SCORE OF 99, BIKE SCORE OF 90 and just steps away from Waltons, Star Bar and everything else downtown has to offer! This lovely Spanish-style complex has a beautiful pool, large laundry room, one parking space goes with unit! Excellent investment opportunity or see it as a way to get into downtown living on an affordable scale! This unit makes a great escape when heading downtown for concerts, ACL or the plethora of entertainment Austin offers!

Highlights

Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air
Size629 sqft
Lot size0.009 Acres
Year built1964
ParkingGarage
MLS #9639513
FireplaceLiving Room
ViewCity

Summary

  • Full Bathrooms: 1
  • Appliances: Gas Oven, Refrigerator
  • Flooring Type: Tile
  • Interior: No Interior Steps, Recessed Lighting, Tile Counters
  • Fireplace: Living Room
  • Total Bedroom Count: 1
  • Private Pool: No
  • Parking: Garage
  • Waterfront: None
  • View: City
  • Exterior: Gas Grill, See Remarks, Uncovered Courtyard
  • Heating: Central
  • Cooling: Central Air
  • List Price: $399,000
  • Price/SqFt: $634
  • HOA Amount: $455
  • HOA Frequency: Monthly
  • Lot: See Remarks
  • Directions: Posada Del Rey is on 7th Street & Nueces. Spanish, stucco complex. Entrance on 7th St.
  • Year Built: 1964
  • Stories: 1
  • Living Area: 629 SqFt
  • Lot Size: 0.009 Acres
  • MLS Number: 9639513
  • MLS Name: ACTRIS
  • Office Name: Allure Real Estate
  • Office Phone: (512) 518-0008
  • Listing Agent: Annie Bright

IDX Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

Copyright 2025 Unlock MLS and Austin Central Texas Realty Information Services, Inc.

IDX Listings courtesy of Unlock MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 5/3/2025, 5:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$399,000

505 W 7th St Unit 108

$4,738

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

8

Matthews Elementary School

Public District PK-6

1.0 mi

906 W Lynn St

2

Sanchez Elementary School

Public District PK-5

1.1 mi

73 San Marcos St

3

Blackshear Elementary School

Public District PK-5

1.5 mi

1712 E 11th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $88,116. Typical income of Austin, TX residents is between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

14%
<35k
42%
35k-100k
30%
100k-200k
14%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

82%
Single, No Kids
2%
Single, with Kids
14%
Married, No Kids
2%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

3%
<11 yrs old
1%
12-17 yrs old
44%
18-34 yrs old
49%
35-64 yrs old
3%
65+ yrs old

What do the neighbors do for fun?

  • Music ConcertsMusic Concerts
  • Hiking/backpackingHiking/backpacking
  • Art MuseumsArt Museums

Where do the neighbors shop?

  • H&MH&M
  • BloomingdalesBloomingdales
  • Crate & BarrelCrate & Barrel

Where do the neighbors go to eat?

  • ChipotleChipotle
  • StarbucksStarbucks
  • Boston MarketBoston Market

What do the neighbors drive?

  • VolkswagenVolkswagen
  • AudiAudi
  • MercedesMercedes

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • AlternativeAlternative
  • NewsNews
All data provided by Home Junction and Claritas

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Frequently asked questions

About 505 W 7th St Unit 108

The listing price of 505 W 7th St Unit 108 property is $399,000.

The property 505 W 7th St Unit 108 is a condo located in Austin, Texas, 78701.

Active Listing: 505 W 7th St Unit 108 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 505 W 7th St Unit 108 are: Matthews Elementary School (GreatSchools Rating 8/10), Sanchez Elementary School (GreatSchools Rating 2/10), Blackshear Elementary School (GreatSchools Rating 3/10), Kealing Middle School (GreatSchools Rating 6/10), Martin Middle School (GreatSchools Rating 2/10), Lively Middle School (GreatSchools Rating 3/10), University of Texas at Austin High School (GreatSchools Rating 9/10), Austin High School (GreatSchools Rating 8/10), Garza Independence High School (GreatSchools Rating 4/10).

The property at 505 W 7th St Unit 108 has 1 bedroom and 1 bathroom.

The property 505 W 7th St Unit 108 is 629 SqFt (source: MLS/tax record).

The year of construction for 505 W 7th St Unit 108 is 1964.

This home is located at 505 W 7th St Unit 108 in Austin, TX and zip code 78701 in the Downtown neighborhood. This 629 square foot home, which was built in 1964, sits on a 0.01 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since October 1, 2024 and is currently priced at $399,000.

In April 2025 more than 136 listings in Austin, TX were sold above the asking price. During the same period more than 135 listings were sold at asking price, while more than 524 were sold below. In April 2025 in Austin, TX there were 23.5% more homes for sale than in March. In April 2025 median list price was $577,195 and the average listing age was 48 days.

From Rocket Homes Real Estate and based on county public records data.

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