Posada del Rey 505 W 7th St Unit 114 Austin, TX 78701
Sixth Street District NeighborhoodEstimated payment $3,063/month
Total Views
1,737
1
Bed
1
Bath
619
Sq Ft
$549
Price per Sq Ft
Highlights
- Gated Community
- Open Floorplan
- Community Pool
- Mathews Elementary School Rated A
- Quartz Countertops
- 4-minute walk to Republic Square Park
About This Home
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. HOA monthly payment INCLUDES all Gas, Water and Trash, plus building insurance, property management, and maintenance for building structure, landscaping and swimming pool. Garage Parking spot is #76 Underground. On-site laundry facility in common area. 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 and underground communal storage. 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. Experience the perfect blend of Spanish-Colonial charm and urban convenience—schedule a showing today!
Listing Agent
Compass RE Texas, LLC Brokerage Phone: (512) 736-6034 License #0543394 Listed on: 05/23/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,213
Year Built
- Built in 1964
Lot Details
- North Facing Home
- Private Entrance
- Wrought Iron Fence
HOA Fees
- $568 Monthly HOA Fees
Parking
- 1 Car Garage
- Assigned Parking
Home Design
- Slab Foundation
- Tile Roof
- Stucco
Interior Spaces
- 619 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Ceiling Fan
- Shutters
- Tile Flooring
- Security Lights
Kitchen
- Free-Standing Range
- Dishwasher
- Quartz Countertops
- Tile Countertops
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- Walk-In Closet
- 1 Full Bathroom
Schools
- Mathews Elementary School
- O Henry Middle School
- Austin High School
Additional Features
- Covered patio or porch
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 02060104130024
Community Details
Overview
- Association fees include common area maintenance, gas, sewer, trash, water
- Posada Del Rey Condominium Owner's Association Inc Association
- Posada Del Rey Condo Amd Subdivision
Amenities
- Common Area
- Community Mailbox
Recreation
- Park
Security
- Gated Community
Map
About Posada del Rey
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2023 | $7,213 | $380,937 | $192,125 | $188,812 |
| 2022 | $7,881 | $399,067 | $88,378 | $310,689 |
| 2021 | $5,376 | $247,000 | $88,378 | $158,622 |
| 2020 | $5,514 | $257,100 | $86,456 | $170,644 |
| 2018 | $5,722 | $258,447 | $86,456 | $171,991 |
| 2017 | $5,610 | $251,532 | $86,456 | $165,076 |
| 2016 | $4,936 | $214,550 | $86,456 | $128,094 |
| 2015 | $4,973 | $207,355 | $86,456 | $120,899 |
| 2014 | $4,973 | $208,967 | $86,456 | $122,511 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/23/2025 05/23/25 | For Sale | $340,000 | 0.0% | $549 / Sq Ft |
| 09/28/2015 09/28/15 | Rented | $1,500 | -21.1% | -- |
| 09/25/2015 09/25/15 | Under Contract | -- | -- | -- |
| 08/24/2015 08/24/15 | For Rent | $1,900 | 0.0% | -- |
| 03/23/2012 03/23/12 | Sold | -- | -- | -- |
| 03/01/2012 03/01/12 | Pending | -- | -- | -- |
| 10/18/2011 10/18/11 | For Sale | $225,000 | -- | $363 / Sq Ft |
Source: Unlock MLS (Austin Board of REALTORS®)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Vendors Lien | -- | None Available | |
| Vendors Lien | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $141,985 | New Conventional | |
| Closed | $197,354 | FHA | |
| Previous Owner | $191,229 | FHA | |
| Previous Owner | $193,947 | Purchase Money Mortgage | |
| Previous Owner | $57,300 | Credit Line Revolving |
Source: Public Records
Similar Homes in Austin, TX
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 7530108
APN: 194205
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