UNDER CONTRACT
$40K PRICE DROP
Posada del Rey 505 W 7th St Unit 307 Austin, TX 78701
Sixth Street District NeighborhoodEstimated payment $3,181/month
Total Views
3,246
1
Bed
1
Bath
709
Sq Ft
$536
Price per Sq Ft
Highlights
- Gated Community
- Downtown View
- Quartz Countertops
- Mathews Elementary School Rated A
- Open Floorplan
- 4-minute walk to Republic Square Park
About This Home
MOTIVATED SELLER! BRING ALL OFFERS! Our preferred local lender is offering a 1% buyer credit (based on the loan amount) to apply towards closing costs or an interest rate buy down if you choose to work with them. Conveniently located in the heart of Downtown Austin, this spacious tastefully renovated 1 bed/1 bath condo showcases a modern design with black, white, and wooden touches throughout. An inviting open floor plan seamlessly connects the living room, dining area, and kitchen. In the living room, two built-in bookcases with a cozy fireplace in between provide ample storage for your favorite books and treasures. The kitchen includes wood-look cabinetry and floating shelving ideal for cookbooks or plants, plenty of storage, and a breakfast bar for two. Enjoy a separate designated area for a small dining table as well. The bedroom features a spacious walk-in closet with ample shelving and two casement windows that bring in an abundance of natural light, while the bathroom serves as a true oasis with a soaking tub for unwinding after a long day, a waterfall-like shower head, and a detachable shower head, all complemented by gorgeous tiling throughout. Located near Trader Joe's, the Austin Public Library, and within walking distance of the vibrant bars and restaurants on West 6th Street, this condo ensures you are always close to the best that Austin has to offer.
Last Listed By
Christie's Int'l Real Estate Brokerage Phone: (512) 368-8078 License #0737399 Listed on: 03/05/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,884
Year Built
- Built in 1964
Lot Details
- Southwest Facing Home
- Wrought Iron Fence
HOA Fees
- $568 Monthly HOA Fees
Parking
- 1 Car Garage
- Reserved Parking
Home Design
- Slab Foundation
- Stucco
Interior Spaces
- 709 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Bookcases
- Recessed Lighting
- Chandelier
- Double Pane Windows
- Living Room with Fireplace
Kitchen
- Breakfast Bar
- Gas Range
- Stainless Steel Appliances
- Quartz Countertops
- Disposal
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- Walk-In Closet
- 1 Full Bathroom
Home Security
Schools
- Mathews Elementary School
- O Henry Middle School
- Austin High School
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 02060104130000
Community Details
Overview
- Association fees include common area maintenance, gas, water, insurance, sewer
- Posada Del Rey Condominiums Association
- Posada Del Rey Condominiums Subdivision
Recreation
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 | $5,884 | $346,263 | $0 | $0 |
| 2022 | $6,217 | $314,785 | $0 | $0 |
| 2021 | $6,229 | $286,168 | $101,416 | $184,752 |
| 2020 | $6,146 | $286,535 | $99,212 | $187,323 |
| 2018 | $6,082 | $274,709 | $99,212 | $188,058 |
| 2017 | $5,569 | $249,735 | $99,212 | $173,733 |
| 2016 | $5,063 | $227,032 | $99,212 | $127,820 |
| 2015 | $1,264 | $231,408 | $99,212 | $132,196 |
| 2014 | $1,264 | $202,260 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/14/2025 05/14/25 | Price Changed | $380,000 | -5.0% | $536 / Sq Ft |
| 04/11/2025 04/11/25 | Price Changed | $400,000 | -4.8% | $564 / Sq Ft |
| 03/05/2025 03/05/25 | For Sale | $420,000 | +82.6% | $592 / Sq Ft |
| 07/07/2014 07/07/14 | Sold | -- | -- | -- |
| 06/08/2014 06/08/14 | Pending | -- | -- | -- |
| 06/06/2014 06/06/14 | For Sale | $230,000 | 0.0% | $324 / Sq Ft |
| 05/13/2014 05/13/14 | Pending | -- | -- | -- |
| 05/10/2014 05/10/14 | For Sale | $230,000 | -- | $324 / Sq Ft |
Source: Unlock MLS (Austin Board of REALTORS®)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Vendors Lien | -- | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $35,230 | New Conventional | |
| Open | $248,000 | Stand Alone First | |
| Closed | $207,000 | New Conventional |
Source: Public Records
Similar Homes in Austin, TX
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 4196235
APN: 194239
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