PENDING
$25K PRICE DROP
Posada del Rey 505 W 7th St Unit 304 Austin, TX 78701
Sixth Street District NeighborhoodEstimated payment $4,142/month
Total Views
2,731
2
Beds
1
Bath
900
Sq Ft
$528
Price per Sq Ft
Highlights
- Building Security
- Gated Parking
- Open Floorplan
- Mathews Elementary School Rated A
- Gated Community
- 4-minute walk to Republic Square Park
About This Home
Discover charming and convenient living in the heart of Downtown Austin at the Posada Del Rey Condos, located in the Southwest corner of the vibrant Civic District! This 2-bed, 1-bath top-floor condo reflects the Spanish-style character of the community with its signature satillo tile flooring and cozy fireplace accents. The recently updated kitchen is a true highlight, featuring an eye-catching aqua blue subway tile backsplash, light grey quartz countertops, sleek white cabinetry with brushed nickel pulls, and stainless steel appliances – perfect for both everyday cooking and entertaining. Additional modern touches include double-paned windows throughout, brushed nickel plumbing fixtures, and quartz countertops in both the bathroom and primary bedroom vanities. You'll also find backlit mirrors above the vanities, nickel light fixtures and ceiling fans throughout, and plush light grey carpeting in both bedrooms. All that is missing is your personal style and finishing touches.
Step outside and enjoy your 3rd floor corner balcony view of the community courtyard and Downtown Austin Skyline. The courtyard is the home of most of the community amenities that include: an oversized pool with a sun deck, large grassy knoll, and a welcoming courtyard complete with two natural gas grills – ideal for gathering with friends or neighbors. Head up to the second floor just outside the elevator landing and get some laundry done in the large community Laundry facility. Condo dues cover maintenance and includes water, gas, trash services, and designated parking spot (#126) that is conveniently located next to the community mailboxes.
With its prime location, live just moments away from the best of Downtown Austin has to offer. Enjoy easy access Dining spots like Sammies, Ranch 616, and Manny's...Entertainment spots like ACL Live, The Long Center, and first Thursdays on S Congress...and Austin Outdoor gems of Lady Bird Lake, Butler Hike & Bike trail, and Zilker Park.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $9,315
Year Built
- Built in 1964
Lot Details
- Northeast Facing Home
- Wrought Iron Fence
HOA Fees
- $733 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Gated Parking
- Assigned Parking
- Community Parking Structure
Home Design
- Slab Foundation
- Tile Roof
- Stucco
Interior Spaces
- 900 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Ceiling Fan
- Recessed Lighting
- Double Pane Windows
- Drapes & Rods
- Blinds
- Aluminum Window Frames
- Living Room with Fireplace
- Dining Room
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Convection Oven
- Free-Standing Gas Range
- Dishwasher
- Stainless Steel Appliances
- Corian Countertops
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Walk-In Closet
- 1 Full Bathroom
- Double Vanity
- Soaking Tub
Home Security
Accessible Home Design
- No Interior Steps
Outdoor Features
- Wrap Around Porch
- Patio
- Terrace
Schools
- Mathews Elementary School
- O Henry Middle School
- Austin High School
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Connected
- High Speed Internet
Listing and Financial Details
- Assessor Parcel Number 02060104130055
- Tax Block A
Community Details
Overview
- Association fees include common area maintenance, gas, trash, water
- Posada Del Rey Condos Association
- Posada Del Rey Condo Amd Subdivision
Amenities
- Community Barbecue Grill
- Picnic Area
- Common Area
- Laundry Facilities
- Community Mailbox
Recreation
Security
- Building Security
- Gated Community
- Fire and Smoke Detector
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 | $9,315 | $531,300 | $280,315 | $250,985 |
| 2022 | $8,947 | $453,028 | $128,945 | $324,083 |
| 2021 | $7,668 | $352,287 | $128,945 | $223,342 |
| 2020 | $7,563 | $352,592 | $126,142 | $226,450 |
| 2018 | $7,547 | $340,884 | $126,142 | $214,742 |
| 2017 | $6,912 | $309,942 | $126,142 | $183,800 |
| 2016 | $6,259 | $280,661 | $126,142 | $154,519 |
| 2015 | $6,805 | $285,952 | $126,142 | $159,810 |
| 2014 | $6,805 | $285,952 | $126,142 | $159,810 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/08/2025 04/08/25 | Pending | -- | -- | -- |
| 04/02/2025 04/02/25 | Price Changed | $475,000 | -5.0% | $528 / Sq Ft |
| 03/06/2025 03/06/25 | For Sale | $499,900 | -- | $555 / Sq Ft |
Source: Unlock MLS (Austin Board of REALTORS®)
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $81,700 | Unknown |
Source: Public Records
Similar Homes in Austin, TX
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 8286577
APN: 194236
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