505 W 7th ST #102 Austin, TX 78701 Price Dropped by $40K

UPDATED: 07/16/2026 10:16 PM ON MARKET: 35 days on market

$495,000

2 Beds1.5 Baths995 SqFt

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 995 sqft

Price per Sqft $497

Subdivision Posada Del Rey Condo Amd

MLS Listing ID 6295854

Style 1st Floor Entry

Bedrooms 2

Full Baths 1

Half Baths 1

HOA Fees $777/mo

HOA Y/N Yes

Year Built 1964

Annual Tax Amount $11,305

Tax Year 2025

Lot Size 618 Sqft

Acres 0.0142

Property Sub-Type Condominium

Source actris

Property Description

Beautifully updated first-floor condo in the charming Posada del Rey community, ideally situated in the heart of downtown Austin! This thoughtfully renovated 2-bedroom residence showcases updated cabinetry, solid-surface countertops, stainless steel appliances including gas cooking, modern plumbing and lighting fixtures, a custom-built primary closet, and a beautifully remodeled shower with designer tile and a frameless glass enclosure. The functional floor plan includes a full bath, a convenient ensuite half bath, and in-unit laundry for everyday comfort and convenience.

Posada del Rey captures the character of old Austin with lush, mature courtyards, a sparkling community pool, gated covered parking, and low HOA dues—an increasingly rare combination in such a premier downtown location. Enjoy easy access to Whole Foods, Trader Joe's, BookPeople, Walton's, Republic Square Park and its renowned farmers market, along with the restaurants, coffee shops, and nightlife of West 6th Street. Just moments from the Lady Bird Lake hike-and-bike trail and the 2nd Street District, this home offers an exceptional blend of urban convenience, walkability, and the charm of a smaller, established community.

Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 07/17/2026. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
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Data last updated: 07/17/2026 21:10