RENTED JUL 1, 2025

Estimated Value: $381,226

1 Bed
1 Bath
708 Sq Ft
1964 Built

Highlights

  • Gated Parking
  • Wood Flooring
  • Community Barbecue Grill
  • Mathews Elementary School Rated A
  • Community Pool
  • 4-minute walk to Republic Square Park

About This Home

As of July 2025

Live steps from everything you love in Austin. This newly remodeled one-bedroom condo offers the perfect blend of style and location in the heart of downtown. Enjoy an open floor plan with hardwood floors, a modern kitchen featuring stainless steel appliances and tile backsplash, built-ins with a fireplace, and an oversized bedroom with a generous walk-in closet. The bathroom includes a glass-enclosed walk-in shower and updated finishes throughout.

Community amenities include a pool, outdoor grilling area, gated access, full-size laundry facilities, bike storage, and peaceful garden spaces—all just moments from top restaurants, bars, shops, and live music venues. **PLEASE NOTE NO PETS**

Last Agent to Rent the Property

Nina Seely

Legends Real Estate LLC Brokerage Phone: (512) 457-5757 License #0702422 Listed on: 04/22/2025

Co-Listed By

Emmaline DeWitt

Legends Real Estate LLC Brokerage Phone: (512) 457-5757 License #0827712

Last Renter's Agent

Nina Seely

Legends Real Estate LLC Brokerage Phone: (512) 457-5757 License #0702422 Listed on: 04/22/2025

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1964

Lot Details

  • South Facing Home

Parking

  • 1 Car Garage
  • Gated Parking
  • Off-Street Parking

Interior Spaces

  • 708 Sq Ft Home
  • 1-Story Property
  • Bookcases
  • Ceiling Fan
  • Wood Flooring

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Schools

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

Utilities

  • Central Air
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $2,000
  • Tenant pays for cable TV, electricity, internet
  • The owner pays for gas, water
  • 12 Month Lease Term
  • $50 Application Fee
  • Assessor Parcel Number 02060104130060

Community Details

Overview

  • Property has a Home Owners Association
  • 57 Units
  • Downtown Subdivision

Amenities

  • Community Barbecue Grill
  • Community Mailbox

Recreation

Condo Details

Home Type

Condominium

Year Built

Built in 1964

Lot Details

0

Parking

1

Rental Info

  • Furnished: Unfurnished
  • Owner Pays: Gas, Water
  • Tenant Pays: See Remarks, Cable TV, Electricity, Internet
  • Pets Allowed: No
  • Available Date: 2025-04-18
  • App Deposit Payable To: 2000
  • App Fee Payable To: Owner
  • Application Fee: 50
  • Application Policy: Best Qualified Application
  • Application Required: See Online App
  • First Month Rent Payable To: Owner
  • Max Numof Pets: 0
  • Max Lease Months: 24
  • Online App Instructions: https://apply.link/0ZT_Jls
  • Online App Instructions Public: https://apply.link/0ZT_Jls

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Year Built: 1964
  • Direction Faces: South
  • Directions: Go east from MoPac on Cesar Chavez. Make a left onto Nueces Street. Go to 7th Street and make a right. Go to 505 West 7th Street. Posada Del Rey Condominiums are on the right side of the street.
  • Disclosures: None
  • Garage Spaces: 1
  • Lease Term: 12 Months
  • Levels: One
  • Living Area: 708
  • Co List Office Mls Id: ACT705080
  • Co List Office Phone: (512) 457-5757
  • Attribution Contact: (512) 457-5757
  • FEMA Flood Plain: No
  • Current Price By Living Ar: 2.97
  • "Current Price By Original ": 1.00
  • List Price By Living Area: 2.97
  • List Price By Original Lis: 1.00
  • Unit Style: 3rd+ Floor Entry,Low Rise (1-3 Stories),Single level Floor Plan,Elevator,Neighbor Below
  • Complex Name: Posada Del Rey
  • Smoking Inside YN: 0
  • Special Features: None

Interior Features

  • Interior Amenities: Bookcases, Ceiling Fan(s)
  • Flooring: Wood
  • Accessibility Features: None
  • Appliances: Disposal, Gas Cooktop, Microwave, Gas Oven
  • Main Level Bedrooms: 1
  • Laundry Location: Common Area

Beds/Baths

  • Full Bathrooms: 1
  • Bedrooms: 1

Exterior Features

  • Exterior Features: None
  • Pool Features: None
  • Private Pool: No
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 1
  • Parking Features: Garage, Gated, Off Street
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Water Connected
  • Cooling: Central Air

Association/Amenities

  • Association: Yes
  • Community Features: BBQ Pit/Grill, Cluster Mailbox, Pool

Condo/Co-op/Association

  • Managed By: Owner

Schools

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

Lot Info

  • Lot Features: None
  • Parcel Number: 02060104130060
  • Subdivision Name: Downtown

Building Info

  • New Construction: No

Multi Family

  • Number Of Units Total: 57

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2004
Sold by
Brockwell Cindy R and Brockwell John
Bought by
Taylor Richard A
Current Estimated Value
$381,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Outstanding Balance
$52,187
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$329,039

Purchase Details

Closed on
Mar 22, 1996
Sold by
Pitschel Nancy Kathryn and Pitchel Ernest O
Bought by
Kirkpatrick Bill
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2025 07/01/25 Rented $2,100 0.0% --
06/30/2025 06/30/25 Under Contract -- -- --
04/22/2025 04/22/25 For Rent $2,100 +5.0% --
04/26/2024 04/26/24 Rented $2,000 0.0% --
04/25/2024 04/25/24 Under Contract -- -- --
04/02/2024 04/02/24 For Rent $2,000 0.0% --
03/30/2024 03/30/24 Under Contract -- -- --
03/19/2024 03/19/24 For Rent $2,000 +25.0% --
06/01/2016 06/01/16 Rented $1,600 -5.9% --
05/24/2016 05/24/16 Under Contract -- -- --
04/21/2016 04/21/16 For Rent $1,700 +9.7% --
06/30/2012 06/30/12 Rented $1,550 -3.1% --
06/28/2012 06/28/12 Under Contract -- -- --
05/30/2012 05/30/12 For Rent $1,600 -- --
Source: Unlock MLS (Austin Board of REALTORS®)

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
2025 $8,731 $402,339 $220,470 $181,869
2023 $8,731 $479,566 $220,470 $259,096
2022 $9,173 $464,488 $101,416 $363,072
2021 $6,223 $285,906 $101,416 $184,490
2020 $6,140 $286,270 $99,212 $187,058
2018 $6,077 $274,490 $99,212 $187,791
2017 $5,565 $249,536 $99,212 $173,487
2016 $5,059 $226,851 $99,212 $127,639
2015 $4,387 $222,341 $99,212 $132,009
2014 $4,387 $202,128 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 6673158

Unlock MLS (Austin Board of REALTORS®)

APN: 194241