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505 7th ST, Austin, TX 78701

$349,900

1 bd · 1 ba · 709 sqft

505 7th ST, Austin, TX 78701

505 7th ST, Austin, TX 78701 is a 1-bedroom, 1-bathroom condominium listed at $349,900 ($494/sqft). 709 sqft. Built in 1964. Located in Downtown Austin, Austin TX. Priced 31% below the Downtown Austin median of $713/sqft. MLS #4283227. Listed by Compass RE Texas, LLC.

Property Overview

This one-bedroom condo at 505 7th Street sits in the coveted West 6th District, placing residents steps away from Lady Bird Lake, Whole Foods Market, and the pulsing energy of Downtown Austin's entertainment scene. The 709-square-foot residence offers efficient urban living with direct access to the Seaholm District's restaurants, rooftop bars, and live music venues that define Austin's cultural landscape. Posada Del Rey, a Spanish-inspired boutique community, provides resort-style amenities including a pool, landscaped courtyards, and controlled access—ideal for those seeking lock-and-leave convenience in the heart of the city.

The location proves exceptional for professionals and lifestyle seekers alike. Residents enjoy walkable proximity to the Austin Central Library, Congress Avenue's vibrant corridor, and the Lady Bird Lake Hike & Bike Trail, while the building's elevator service and assigned garage parking (#136) eliminate the typical downtown hassles. The price point of $349,900, sitting 34 percent below the area median per square foot, reflects strong value for this particular Austin TX address.

Vox Residential Insight

This property represents a rare opportunity in Downtown Austin where you're getting genuine West 6th District walkability at below-market pricing, a combination that doesn't surface often in this neighborhood. At Vox Residential, we see this as a strong entry point for buyers wanting immediate urban access without the premium pricing typically attached to similar locations.

Agent Description

Rare third-floor residence in Posada Del Rey, one of Downtown Austin’s most charming boutique communities, offering a unique blend of privacy, natural light, and authentic Spanish-inspired architecture just steps from the best of the city. This beautifully maintained, move-in-ready condominium features an open floor plan with diagonal tile flooring, a cozy wood-burning fireplace, custom built-ins, granite countertops, stainless steel appliances, gas cooking, an updated bathroom, dual bedroom closets, and assigned garage parking. Enjoy controlled access, elevator convenience, a resort-style pool, beautifully landscaped courtyards, and an unbeatable walkable lifestyle just moments from Whole Foods, Trader Joe’s, Lady Bird Lake, the Central Library, Seaholm, Republic Square, West 6th restaurants, coffee shops, entertainment, and Austin’s thriving technology corridor. Whether you’re looking for a primary residence, lock-and-leave retreat, or investment opportunity, this exceptional third-floor home offers timeless character, an outstanding Downtown location, and one of the most compelling values in Posada Del Rey.

Neighborhood: Downtown Austin

This property is located in Downtown Austin, Austin, TX. The area is known for 6th Street Entertainment, Lady Bird Lake, Congress Avenue, High-Rise Living, Walkable Urban Core.

At $494/sqft, this listing is priced 31% below the Downtown Austin median of $713/sqft.

Property Details

Property TypeCondominium
Year Built1964
Bedrooms1
Bathrooms1
Living Area709 sqft
Lot Size439.96 sqft
Price per Sqft$494
ListedJun 5, 2026
MLS #4283227
Listed ByCompass RE Texas, LLC

Listing data last updated:

Frequently Asked Questions

What is the listing price of 505 7th ST, Austin, TX 78701?

This property is listed at $349,900, which is $494 per square foot. That is 31% below the Downtown Austin area median of $713/sqft.

How many bedrooms and bathrooms does 505 7th ST, Austin, TX 78701 have?

This home has 1 bedroom and 1 bathroom, with 709 square feet of living space.

When was 505 7th ST, Austin, TX 78701 built?

This property was built in 1964, making it 62 years old.

What neighborhood is 505 7th ST, Austin, TX 78701 in?

This property is in Downtown Austin, Austin, TX. The area is known for 6th street entertainment, lady bird lake, congress avenue.

How long has 505 7th ST, Austin, TX 78701 been on the market?

This listing has been on the market for 21 days.

What type of property is 505 7th ST, Austin, TX 78701?

This is a Condominium on a 439.96 sqft lot.

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