$449,898 - $549,000
RENTED AUG 16, 2024

Posada del Rey 505 W 7th St Unit 306 Austin, TX 78701

Sixth Street District Neighborhood
1 Bed
1 Bath
709 Sq Ft
$704 Price per Sq Ft

Last Sold September 01, 2015

Current estimated payment $3,474/month

About This Home

As of September 2015

Fully Furnished condo at Posada Del Rey which is located in a small quaint historic neighborhood on the north side of downtown. Open kitchen/liv/dining, granite counters/backsplash, custom cabinets and stainless appliances. Remodeled bath with an oversized shower. Wood floors, custom shelving/closets/pantry by California Closets for maximized storage space. LG washer/dryer combo, built-ins, gas fireplace, and energy-efficient windows. HOA covers water/gas/trash/1 covered parking space. Tenant pays electric, cable, internet, and proof of renter's insurance. Owner is open to a 12-18 month term. Walking distance to Whole Foods, REI, BookPeople, Lady Bird Lake and some many wonderful restaurants. Perfect location in the heart of Austin!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2015
Closed on
Sep 1, 2015
Sold by
Mccormack David Matthew and Mccormack Lindsay B
Bought by
Lopez Simon
Seller's Agent
Lindsay McCormack
Lindsay McCormack
Buyer's Agent
Cody Hobza
Kuper Sotheby's Int'l Realty
List Price
$319,000
Sold Price
$309,000
Premium/Discount to List
-$10,000
-3.13%
Current Estimated Value
$499,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,449
Avg. Annual Appreciation
5.35%
Original Mortgage
$231,750
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 12, 2015
Closed on
Feb 20, 2015
Sold by
Martin Andrew
Bought by
Mccormack David Matthew
Seller's Agent
Rene Brown
Compass RE Texas, LLC
Buyer's Agent
Lindsay McCormack
Lindsay McCormack
List Price
$277,500
Sold Price
$275,000
Premium/Discount to List
-$2,500
-0.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.60%
Original Mortgage
$261,250
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 19, 2013
Closed on
Sep 5, 2013
Sold by
Block Justin A
Bought by
Martin Andrew
Seller's Agent
Deanna James
Keller Williams Realty
Buyer's Agent
Rene Brown
Compass RE Texas, LLC
List Price
$259,900
Sold Price
$252,000
Premium/Discount to List
-$7,900
-3.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.16%
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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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
Lopez Simon -- Attorney
Mccormack David Matthew -- Chicago Title
Martin Andrew -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Simon $212,700
Closed Lopez Simon $231,750
Previous Owner Mccormack David Matthew $261,250
Previous Owner Galloway Elaine $60,000
Previous Owner Galloway Elaine $48,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2024 08/16/24 Rented $2,300 0.0% --
07/16/2024 07/16/24 Under Contract -- -- --
06/17/2024 06/17/24 For Rent $2,300 +35.3% --
10/01/2020 10/01/20 Rented $1,700 0.0% --
09/21/2020 09/21/20 Under Contract -- -- --
08/29/2020 08/29/20 Price Changed $1,700 -8.1% $2 / Sq Ft
07/27/2020 07/27/20 Price Changed $1,850 -2.6% $3 / Sq Ft
07/21/2020 07/21/20 For Rent $1,900 0.0% --
09/01/2015 09/01/15 Sold -- -- --
07/28/2015 07/28/15 Pending -- -- --
07/23/2015 07/23/15 For Sale $319,000 +15.0% $450 / Sq Ft
02/20/2015 02/20/15 Sold -- -- --
01/18/2015 01/18/15 Pending -- -- --
01/12/2015 01/12/15 For Sale $277,500 +6.8% $391 / Sq Ft
09/04/2013 09/04/13 Sold -- -- --
08/17/2013 08/17/13 Pending -- -- --
07/19/2013 07/19/13 For Sale $259,900 -- $367 / Sq Ft

Tax History Compared to Growth

Source: Public Records

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 $8,418 $465,293 $220,470 $244,823
2022 $9,154 $463,525 $101,416 $362,109
2021 $6,630 $304,600 $101,416 $203,184
2020 $6,546 $305,200 $99,212 $205,988
2018 $6,704 $302,802 $99,212 $203,590
2017 $6,285 $281,818 $99,212 $182,606
2016 $5,721 $256,529 $99,212 $157,317
2015 $5,507 $231,408 $99,212 $132,196
2014 $5,507 $231,408 $99,212 $132,196
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    Cat Chavanne

    The Marye Company

    (512) 791-0211

    27 Total Sales

    Cat Chavanne
    Section Image

  • M

    Seller's Agent in 2020

    Mary House

    The Marye Company

    (512) 784-3426

    10 Total Sales

    Mary House
    Section Image

  • N

    Buyer's Agent in 2020

    Non Member

    Non Member

  • L

    Seller's Agent in 2015

    Lindsay McCormack

    Lindsay McCormack

    (512) 587-9758

    1 Total Sale

    Lindsay McCormack
    Section Image
  • Rene Brown

    Seller's Agent in 2015

    Rene Brown

    Compass RE Texas, LLC

    (512) 750-0729

    34 Total Sales

    Rene Brown
    Section Image
  • Cody Hobza

    Buyer's Agent in 2015

    Cody Hobza

    Kuper Sotheby's Int'l Realty

    (512) 739-2035

    49 Total Sales

    Cody Hobza
    Section Image
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About Posada del Rey

Map

Texas Travis County Austin 78701 Sixth Street District

505 W 7th St Unit 306, Austin, TX

This home is located at 505 W 7th St Unit 306, Austin, TX 78701 and is currently estimated at $499,449, approximately $704 per square foot. 505 W 7th St Unit 306 is a home located in Travis County with nearby schools including Mathews Elementary School, Austin High School, and Headwaters School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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