NOT LISTED FOR SALE

Posada del Rey 505 W 7th St Unit 112 Austin, TX 78701

Sixth Street District Neighborhood

Estimated Value: $316,000 - $383,398

1 Bed
1 Bath
666 Sq Ft
392 Sq Ft Lot

Last Sold November 23, 2021

Current estimated payment $2,432/month

Highlights

  • Building Security
  • Electric Gate
  • Downtown View
  • Mathews Elementary School Rated A
  • Gated Community
  • 4-minute walk to Republic Square Park

About This Home

As of May 2024

$500 off the first month's rent for an ASAP move-in. Discover the charm of downtown living with this renovated, first-floor condominium nestled in the vibrant heart of the city. This unique dwelling boasts dual entrances: one leading to 7th Street, offering instant access to a quiet neighborhood setting adorned by Victorian-style homes, and the other opening into a serene courtyard, complete with an 8 Ft deep pool. The south end of the building opens to the busy West 6th St. entertainment district, packed with cocktail lounges and local eateries- providing a location with the perfect blend of peace and urban vibrance. The courtyard offers a hacienda-inspired ambiance, massive courtyard, and two Weber grills tied to a gas line. For residents of Posada del Rey, a sense of community and collective energy enriches the living experience, a rarity in downtown locales. The condo community offers an array of amenities designed for comfort, security, and enjoyment. Inside, you'll discover a brand new bathroom remodel, zero carpet, 2 closets, gas stove, and plenty of natural light. Additionally, convenience is at your fingertips with a laundry facility located on the second floor, equipped with an electronic payment system for ease of use. A secure parking garage ensures your vehicle is safely housed within the community ($105 for reserved spot). Posada Del Rey not only offers a unique blend of downtown vibrancy and community-oriented living but also provides the amenities and security desirable for a modern urban lifestyle. Rent includes water, gas, and trash + recycling!

Last Agent to Rent the Property

Nicholas Pierce

Compass RE Texas, LLC Brokerage Phone: (512) 575-3644 License #0658974 Listed on: 03/31/2024

Compass RE Texas, LLC

Last Renter's Agent

Nicholas Pierce

Compass RE Texas, LLC Brokerage Phone: (512) 575-3644 License #0658974 Listed on: 03/31/2024

Compass RE Texas, LLC

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1964 | Remodeled

Lot Details

  • North Facing Home
  • Perimeter Fence
  • Landscaped
  • Level Lot
  • Sprinkler System
  • Many Trees
  • Garden

Parking

  • 1 Car Garage
  • Enclosed Parking
  • Electric Vehicle Home Charger
  • Alley Access
  • Lighted Parking
  • Side Facing Garage
  • Garage Door Opener
  • Electric Gate
  • Secured Garage or Parking
  • Guest Parking
  • Reserved Parking
  • Community Parking Structure

Property Views

  • Woods
  • Garden
  • Neighborhood

Home Design

  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 666 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Drapes & Rods
  • Prewired Security

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal
  • Instant Hot Water

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Washer and Dryer

Outdoor Features

  • Balcony
  • Uncovered Courtyard
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Terrace
  • Outdoor Gas Grill

Schools

  • Mathews Elementary School
  • O Henry Middle School
  • Austin High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • High Speed Internet

Additional Features

  • Sustainability products and practices used to construct the property include conserving methods
  • Property is near public transit

Listing and Financial Details

  • Security Deposit $2,000
  • Tenant pays for electricity, internet
  • The owner pays for association fees, common area maintenance, gas, hot water, management, repairs, sewer, trash collection, water
  • Negotiable Lease Term
  • $95 Application Fee
  • Assessor Parcel Number 02060104130022

Community Details

Overview

  • Property has a Home Owners Association
  • 64 Units
  • Posada Del Rey Condo Amd Subdivision
  • Property managed by 505 W 7TH APT 110

Amenities

  • Sundeck
  • Community Barbecue Grill
  • Common Area
  • Laundry Facilities
  • Community Mailbox
  • Bike Room

Recreation

  • Trails

Pet Policy

  • Pet Deposit $250
  • Dogs and Cats Allowed
  • Large pets allowed

Security

  • Building Security
  • Card or Code Access
  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Year Built

Built in 1964 | Remodeled

Lot Details

392 Sq Ft Lot

Parking

1

Rental Info

  • Furnished: Unfurnished
  • Owner Pays: Association Fees, Common Area Maintenance, Gas, Hot Water, Management, Repairs, Sewer, Trash Collection, Water
  • Tenant Pays: Electricity, Internet
  • Pets Allowed: Cats OK, Dogs OK, Small (< 20 lbs), Medium (< 35 lbs), Large (< 50lbs), All, Negotiable
  • Available Date: 2024-04-01
  • App Deposit Payable To: Owner
  • App Fee Payable To: TBD
  • Application Fee: 95
  • Application Policy: Best Qualified Application
  • Application Required: See Attached,See Online App
  • First Month Rent Payable To: Owner
  • Max Numof Pets: 1
  • Monthly Pet Rent: 10
  • Additional Pet Fee: 250
  • Pet Deposit: 250
  • Max Lease Months: 24

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Year Built: 1964
  • Direction Faces: North
  • Directions: On West 7th Street between Nueces and San Antonio.
  • Disclosures: None
  • Fencing: Perimeter
  • Garage Spaces: 1
  • Green Energy Efficient: Windows
  • Green Sustainability: Conserving Methods
  • Lease Term: Negotiable
  • Levels: One
  • Living Area: 666
  • Other Structures: Outdoor Kitchen
  • Attribution Contact: (512) 575-3644
  • Attribution Contact: (512) 575-3644
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Current Price By Living Ar: 3.00
  • "Current Price By Original ": 1.00
  • List Price By Living Area: 3.00
  • List Price By Original Lis: 1.00
  • Unit Style: 1st Floor Entry,Low Rise (1-3 Stories),Single level Floor Plan,Elevator,Entry Steps
  • Complex Name: Posada Del Rey
  • Smoking Inside YN: 0
  • Move In Special Description: Water, Gas, Trash + Recycling FREE.
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Primary Bedroom on Main, See Remarks
  • View: City, Downtown, Garden, Neighborhood, Skyline, Trees/Woods
  • Flooring: Tile, Vinyl
  • Fireplace Features: None
  • Accessibility Features: Accessible Elevator Installed, Accessible Washer/Dryer
  • Appliances: Dishwasher, Disposal, Freezer, Gas Range, Ice Maker, Instant Hot Water, Microwave, Oven, Gas Oven, Refrigerator
  • Main Level Bedrooms: 1
  • Property Condition: Updated/Remodeled
  • Security Features: Building Security, Fire Alarm, Fire Sprinkler System, Key Card Entry, Prewired, Secured Garage/Parking
  • Window Features: Drapes, Double Pane Windows, ENERGY STAR Qualified Windows
  • ResoLivingAreaSource: PublicRecords
  • Laundry Location: Common Area,Laundry Room,Upper Level
  • Appliances Maintained: BBQ,Cook Top,Dishwasher,Disposal,Microwave Oven,Range/Oven/Stove,Refrigerator,Water Heater,See Remarks

Beds/Baths

  • Full Bathrooms: 1
  • Bedrooms: 1

Exterior Features

  • Exterior Features: Balcony, Barbecue, Uncovered Courtyard, Exterior Steps, Garden, Gas Grill, Outdoor Grill, Restricted Access
  • Roof: Tile
  • Foundation: Slab
  • Patio And Porch Features: Covered, Porch, Terrace
  • Pool Features: None
  • Private Pool: No
  • Water Body Name: Lady Bird Lake
  • Waterfront Features: See Remarks
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 1
  • Parking Features: Alley Access, Assigned, Community Structure, Covered, Elec Vehicle Charge Station(s), Electric Gate, Enclosed, Garage, Garage Door Opener, Garage Faces Side, Gated, Guest, Lighted, Reserved, Underground
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: High Speed Internet, Natural Gas Available, Natural Gas Connected, Sewer Connected, Water Available
  • Heating: Central, Electric
  • Water Source: See Remarks
  • Cooling: Ceiling Fan(s), Central Air

Association/Amenities

  • Association: Yes
  • Community Features: BBQ Pit/Grill, Bike Storage/Locker, Cluster Mailbox, Common Grounds, Controlled Access, Courtyard, Covered Parking, Electronic Payments, Garage Parking, Gated, High Speed Internet, Laundry Room, Pool, Sidewalks, Sundeck, Underground Utilities, Walk/Bike/Hike/Jog Trail(s

Condo/Co-op/Association

  • Managed By: Owner
  • Management Company: 505 W 7TH APT 110

Fee Information

  • Parking Fee Frequency: Monthly
  • Parking Fee From: 0
  • Parking Fee To: 105

Schools

  • Elementary School: Mathews
  • High School: Austin
  • Middle/Junior School: O Henry
  • Junior High Dist: Austin ISD

Lot Info

  • Lot Features: Landscaped, Level, Near Public Transit, Private, Public Maintained Road, Sprinkler - Automatic, Many Trees, Views, See Remarks
  • Parcel Number: 02060104130022
  • Subdivision Name: Posada Del Rey Condo Amd

Building Info

  • Construction Materials: Stucco
  • New Construction: No

Multi Family

  • Number Of Units Total: 64

Tax Info

  • Tax Filled Sqft Total: 612

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2016
Sold by
Waldron Charles L
Bought by
Tlw Rentals Llc
Current Estimated Value
$349,350

Purchase Details

Closed on
May 25, 2016
Sold by
Waldron Charles L and Taggart Deborah Ann
Bought by
Waldron Charles L

Purchase Details

Closed on
Jun 7, 2006
Sold by
Tubb John
Bought by
Waldron Dorothy Ann and Waldron Charles Layton
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tlw Rentals Llc -- None Available
Waldron Charles L -- None Available
Waldron Dorothy Ann -- Chicago Title Insurance Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/10/2024 05/10/24 Rented $1,995 0.0% --
03/31/2024 03/31/24 For Rent $1,995 0.0% --
11/23/2021 11/23/21 Sold -- -- -- View Prior Sale
11/13/2021 11/13/21 Pending -- -- --
11/10/2021 11/10/21 For Sale $325,000 0.0% $531 / Sq Ft
04/24/2015 04/24/15 Rented $1,500 0.0% --
04/20/2015 04/20/15 Under Contract -- -- --
04/15/2015 04/15/15 For Rent $1,500 -- --
Source: Unlock MLS (Austin Board of REALTORS®)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,384 $360,833 $190,550 $170,283
2023 $6,997 $386,709 $190,550 $196,159
2022 $7,564 $383,010 $87,653 $295,357
2021 $5,544 $254,709 $87,653 $167,056
2020 $5,472 $255,129 $85,748 $169,381
2018 $5,663 $255,793 $85,748 $170,045
2017 $5,416 $242,841 $85,748 $157,093
2016 $4,490 $201,326 $85,748 $115,578
2015 $4,885 $205,279 $85,748 $119,531
2014 $4,885 $205,279 $85,748 $119,531
Source: Public Records

Agents Affiliated with this Home

  • Nicholas Pierce

    Landlord's Agent in 2024

    Nicholas Pierce

    Compass RE Texas, LLC

    (512) 560-8343

    2 in this area

    31 Total Sales

    Nicholas Pierce
    Section Image
  • Sara Madera

    Seller's Agent in 2021

    Sara Madera

    Stanberry REALTORS

    (512) 750-5536

    1 in this area

    23 Total Sales

    Sara Madera
    Section Image

  • S

    Seller's Agent in 2015

    Sherry McClain

    Sherry McClain, REALTOR

    (512) 750-4560

    Sherry McClain
    Section Image
  • Jaclyn Houghton

    Buyer's Agent in 2015

    Jaclyn Houghton

    eXp Realty, LLC

    (512) 987-3934

    134 Total Sales

    Jaclyn Houghton
    Section Image
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About Posada del Rey

Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 3925953

Unlock MLS (Austin Board of REALTORS®)

APN: 194203

Texas Travis County Austin 78701 Sixth Street District

505 W 7th St Unit 112, Austin, TX

Not Listed for Sale

Condos

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Unlock MLS (Austin Board of REALTORS®) Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS). 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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Based on information submitted to the MLS GRID

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