505 W 7th ST #115 Austin, TX 78701 Price Dropped by $15K

UPDATED: 09/18/2026 10:40 PM ON MARKET: 94 days on market

$300,000

1 Bed1 Bath615 SqFt

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 615 sqft

Price per Sqft $487

Subdivision Posada Del Rey Condo Amd

MLS Listing ID 5384911

Style 1st Floor Entry,Elevator,End Unit,Mid Rise (4-7 Stories),Single level Floor Plan

Bedrooms 1

Full Baths 1

HOA Fees $571/mo

HOA Y/N Yes

Year Built 1964

Annual Tax Amount $6,063

Tax Year 2026

Lot Size 378 Sqft

Acres 0.0087

Property Sub-Type Condominium

Source actris

Property Description

Experience the best of downtown Austin living in this beautifully maintained one-story corner condominium, ideally located in the heart of the city. Offering exceptional walkability to Austin's premier dining, entertainment, shopping, and cultural destinations, this residence combines urban convenience with a welcoming community atmosphere. This rare corner unit enjoys natural light from three sides and features only one shared wall, creating a bright, private, and comfortable living environment.

Inside, you'll find an open-concept layout with timeless finishes, including granite countertops throughout, durable tile flooring, and tile baseboards that make maintenance effortless. The spacious bedroom, inviting living area, and well-appointed kitchen provide a functional and stylish space for everyday living. Residents enjoy secure key-fob access, gated entry, and reserved underground parking for added peace of mind. The intimate community offers a true neighborhood feel with a beautifully landscaped courtyard, resort-style pool, and outdoor grilling areas perfect for relaxing or entertaining. Additional conveniences include on-site laundry facilities and newly installed energy-efficient windows that enhance comfort and efficiency.

Whether you're seeking a full-time residence, lock-and-leave lifestyle, or downtown retreat, this move-in-ready condo delivers privacy, security, and unbeatable access to everything Austin has to offer. A rare find in Austin, this community allows rentals with a minimum 30-day lease term, offering added flexibility for owners seeking a furnished or mid-term rental opportunity.

Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 09/20/2026. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
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Data last updated: 09/20/2026 16:37