$4,334 Closing Credit¹
#8248850, Audrey Romano, Listing Office: Moreland Properties
$350,000 List price
505 W 7th St Unit 114 Austin, TX 78701
$4,156
Closing credit¹
1 bed
1 full
619 sqft
0.01 acres
$565 / sqft
Condo
Property details
About 505 W 7th St Unit 114
Welcome to Posada Del Rey, a hidden gem in the heart of Downtown Austin. This charming 1-bedroom, 1-bath condo blends Old World character with modern convenience, featuring Saltillo tile floors, Spanish tile accents, and an updated kitchen with ample storage. Tucked away on a quiet side street backing up to a historic district, this condo offers a peaceful retreat while keeping you steps from the vibrant energy of the city. This first floor unit offers two entrances into the unit: one entry from the gated courtyard and a second entrance off the unit's rear patio along 7th Street for added convenience. The beautifully landscaped courtyard, rustic walkways, and fountains create a tranquil setting, while the community pool, BBQ pits, and inviting outdoor spaces make it easy to relax and connect with neighbors. This low-rise condo unit offers also offers a gated covered garage with one assigned parking spot, underground communal storage and an on-site laundry facility. The walkability is unbeatable with easy access to Lady Bird Lake Trail, West 6th Street, top restaurants, coffee shops, grocery stores and boutique fitness studios. Dine at Ranch 616 only steps away from your back door or grab organic groceries at Whole Foods and treasure hunt for snacks at Trader Joe's. HOA monthly payment INCLUDES all Gas, Water and Trash, plus building insurance, property management, and maintenance for building structure, landscaping and swimming pool. Experience the perfect blend of Spanish-Colonial charm and urban convenience—schedule a showing today!
Highlights
Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air
Size619 sqft
Lot size0.009 Acres
Year built1964
ParkingAssigned, Garage, Covered
MLS #6338223
Garage1 space
Summary
- MLS Number: 6338223
- MLS Name: ACTRIS
- Office Name: Compass RE Texas, LLC
- Office Phone: (512) 736-6034
- Listing Agent: Jen Graf
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.
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: 4/15/2025, 12:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$350,000
505 W 7th St Unit 114
$4,156
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.
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. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
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 Concerts
Hiking/backpacking
Art Museums
Where do the neighbors shop?
H&M
Bloomingdales
Crate & Barrel
Where do the neighbors go to eat?
Chipotle
Starbucks
Boston Market
What do the neighbors drive?
Volkswagen
Audi
Mercedes
What do the neighbors listen to?
Rhythmic Contemporary Hits- Alternative
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 505 W 7th St Unit 114
This home is located at 505 W 7th St Unit 114 in Austin, TX and zip code 78701 in the Downtown neighborhood. This 619 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 March 7, 2025 and is currently priced at $350,000.
While more than 115 listings in Austin, TX in March 2025 were sold above asking price, there were more than 139 listings sold at asking price, and more than 529 were sold below. Between February and March 2025, Austin, TX real estate market has seen increase in the number of listings by 28.6%. In March 2025 median list price was $577,151 and the average listing age was 67 days.
From Rocket Homes Real Estate and based on county public records data.