$6,114 Closing Credit¹
#4458764, Steve Marcie, Listing Office: HomeSmart
$475,000 List price
505 W 7th St Unit 316 Austin, TX 78701
$5,641
Closing credit¹
1 bed
1 full
928 sqft
0.01 acres
$512 / sqft
Condo
Property details
About 505 W 7th St Unit 316
HOA includes gas, trash, & water. Discover urban living at its finest in this LARGE & stunning condo situated in the heart of downtown. Enjoy the open living room that's perfect for both relaxation or entertaining guests. The thoughtfully designed kitchen adds both functionality and charm. The unit comes with 2 parking spaces! The complex features a large courtyard and pool. Don’t miss this incredible opportunity to embrace a vibrant lifestyle with easy access to Lady Bird Lake, Whole Foods, Trader Joes, and tons of downtown restaurants & bars.
Highlights
Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air
Size928 sqft
Lot size0.0132 Acres
Year built1964
ParkingGarage
MLS #2944291
Garage2 spaces
FireplaceLiving Room
ViewCity
Summary
- MLS Number: 2944291
- MLS Name: ACTRIS
- Office Name: Pauly Presley Realty
- Office Phone: (512) 482-9602
- Listing Agent: Brett Ponds
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: 4/19/2025, 7:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$475,000
505 W 7th St Unit 316
$5,641
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. Typical family type is single, no kids. 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 316
This home is located at 505 W 7th St Unit 316 in Austin, TX and zip code 78701 in the Downtown neighborhood. This 928 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 April 17, 2025 and is currently priced at $475,000.
In March 2025, from all listings sold in Austin, TX there were more than 115 sold above asking price, over 529 sold below and more than 139 were sold right at the asked price. Between February and March 2025, Austin, TX real estate market has seen increase in the number of listings by 28.6%. Listings spent 67 days on the market in March 2025, and had a median list price of $577,151 during the same period.
From Rocket Homes Real Estate and based on county public records data.