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This property has sold on May 5, 2025. Looking for something similar? Contact us or browse available homes.

505 W 7th ST Unit #304

Austin, TX, 78701

Satellite view of 505 W 7th ST Unit #304
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Off Marketas of Apr 24, 2026

This property is no longer actively listed. We can help you find similar homes currently for sale, notify you if this property relists, or explore off-market opportunities in the area.

$475,000

last listed

505 W 7th St Unit #304, Austin, TX 78701

Downtown Austin•MLS# 8286577
2beds
1bath
900sqft
Built1964

Why you're seeing this property: Unlike major portals that hide off-market listings, we maintain the most comprehensive Austin property database. View market history, neighborhood data, and discover similar homes currently for sale. #1 Austin Realtor Team 2024.

2 bed, 1 bath, 900 sqft on 0.01 acres in Downtown Austin. Austin, TX 78701. Last listed at $475,000, sold May 5, 2025. Austin ISD.

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 Type
Residential
Year Built
1964
Lot Size
0.01 acres
Price / Sq Ft
$528
HOA
$733.14/mo
Garage
1 spaces

Listing information last updated May 5, 2025.

Listed by Keller Williams Realty

MLS# 8286577 • Closed

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Properties displayed may be listed or sold by various participants in the MLS.

Highlights

1-car garage with additional parking capacity
Ceiling Fan(s)
Double Vanity
Eat-in Kitchen
High Speed Internet
No Interior Steps

Facts & Features

Interior

Features

  • Ceiling Fan(s)
  • Double Vanity
  • Eat-in Kitchen
  • High Speed Internet
  • No Interior Steps
  • Open Floorplan
  • Primary Bedroom on Main
  • Recessed Lighting
  • Soaking Tub

Appliances

  • Convection Oven
  • Dishwasher
  • Disposal
  • Free-Standing Gas Range
  • Stainless Steel Appliance(s)

Flooring

  • Carpet
  • Tile
Heating
Central,Natural Gas
Cooling
Ceiling Fan(s),Central Air
Fireplaces
1
Exterior & Lot

Features

  • Exterior Steps
  • Restricted Access

Construction

  • Stucco

Fencing

  • Wrought Iron

Foundation

  • Slab

Patio / Porch

  • Covered
  • Patio
  • Terrace
  • Wrap Around
Roof
Tile
Lot Size
0.01 Acres

Parking

  • Assigned
  • Attached
  • Garage
  • Gated
Garage Spaces
1
Financial
HOA Fee
$733 / mo
Original List Price
$499,900
Price per Sq Ft
$528
Utilities
  • Electricity Connected
  • Natural Gas Connected
  • Sewer Connected
  • Water Connected
Water Source
Public
Sewer
Public Sewer

Transaction History

2 records on file

Every recorded listing, sale, and lease at 505 W 7th ST Unit #304, whoever represented it.

  1. LeasedJuly 1, 2025
    Asking rent: $1,850/moMLS 2156475
  2. SoldMay 5, 2025
    Listed at: $499,900MLS 8286577

Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.

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Price & Listing History

Listing timeline with current price, original ask, and market time.

View Timeline
Current list
$475,000
Original list
$499,900
Price movement
$24.9K reduction
Listed / DOM
Mar 6, 2025

Tax Record

Public record data from county appraisal records. Market value can differ from assessed value.

Assessed Value
$496,615
Assessment Year
2025
Year Built
1964
Parcel ID
000000194195
$540K
$317K
$316,900
2021
$320,079
+1.0% from prev
2022
$432,442
+35.1% from prev
2023
$539,520
+24.8% from prev
2024
$496,615
-8.0% from prev
2025
YearTaxesTotal AssessmentLandAdditions
2025-8.0%
—$496,615——
2024+24.8%
—$539,520$274,015$258,258
2023+35.1%
—$432,442$274,015$265,505
2022+1.0%
—$320,079$126,047$306,395
2021
—$316,900$126,047$194,032
5-Year Change56.7%

Virtual Tour

Virtual tour of 505 W 7th St Unit #304
Map showing 505 W 7th ST Unit #304
505 W 7th ST Unit #304
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Zoned Schools

Austin ISD →

1 High School1 Middle School1 Elementary School

Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.

Principal & interest
$2,610
HOA dues
$733

Excluded from this estimate: property taxes and home insurance. Each requires verified amount, cadence or unit, source, and as-of details.

HOA source: MLS Grid / Unlock MLS, as of 2026-04-25T02:51:50.833075+00:00; normalized from monthly dues.

20% ($95K)

Adjustable assumption - not a lending recommendation.

$475,000

Loan: $380K
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-22
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Keenan Market Position

A sourced read on Downtown Austin pricing, timing, and property scale. No automated valuation claim.

List price

$475,000

Price per sqft

$528/sqft

Vs. Neighborhood guide reference price

Not available

Days on market

Not available

Original to current

$24.9K reduction

$499.9K original

Active inventory context

Ask for current inventory

Source: MLS Grid / Unlock MLS and Keenan Group review as of Apr 25, 2026.

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Frequently Asked Questions

What school district is 505 W 7th St Unit #304 in?

505 W 7th St Unit #304 is zoned for Austin ISD with assigned schools: Mathews (elementary), O Henry (middle), Austin (high). School assignments should be verified directly with the district.

What are the property details for 505 W 7th St Unit #304?

505 W 7th St Unit #304 is a Residential built in 1964 featuring 2 bedrooms, 1 full bathrooms, 900 square feet, 0.01-acre lot.

What are the property taxes for 505 W 7th St Unit #304?

The most recent annual property tax for 505 W 7th St Unit #304 is $9,315. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.

How does 505 W 7th St Unit #304 compare with other homes in Downtown Austin?

505 W 7th St Unit #304 was last listed at $475,000 and sold on May 5, 2025. The current MLS snapshot shows 208 active listings in 78701. Keenan Group has completed 12 verified transactions in 78701 within its 1,000+ completed transactions and $1B+ career volume across Austin. See Keenan Group's Downtown Austin guide for current neighborhood analysis.

When was 505 W 7th St Unit #304 built?

505 W 7th St Unit #304 was built in 1964 (62 years ago). Buyers should budget for potential updates to major systems.

What is the community structure at 505 W 7th St Unit #304?

The MLS listing reports HOA or association dues of $733 monthly for 505 W 7th St Unit #304. It does not establish included amenities, services, rules, reserves, or current assessments; verify those items in current association documents.

Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.

What should buyers know about Downtown Austin?

Downtown Austin is one of Austin's established neighborhoods, zoned for Austin ISD in the 78701 area. The Keenan Group has specialized in Downtown Austin real estate for 25+ years with 1,000+ career transactions. Contact (512) 415-7653 for current market conditions and available homes.

  • Downtown Austin area specialists
  • Austin ISD zoning
  • #1 Austin Board of Realtors Team 2024
  • 25+ years Austin luxury real estate

Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)

Why Choose the #1 Austin Board Team for Downtown Austin

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

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Last updated: 4/24/2026, 9:51:50 PM

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505 W 7th St Unit #304, Austin TX 78701 | Neighborhood & Property Context