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Jeannette Spinelli

Broker Associate & Founder | Spinelli Residential Group | KW - Austin Portfolio Real Estate

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505 W 7th St 113 , Austin, TX 78701
$324,999
Est. Payment: $1,795.75/mo
1 Bed
1 Bath
656 Sqft
0.01 Acres
Status: active | Days on site: 35
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Jeannette Spinelli
Broker Associate & Founder

House Description

ATTENTION: No HOA leasing permit required and 30-day rentals are allowed—offering rare flexibility for owners and investors! This is the downtown dream! Check out this Spanish hacienda-style boutique community in the heart of Austin’s energetic Market District. This beautifully remodeled 1-bed condo at Posada Del Rey blends warm character with unbeatable walkability—just steps from Lady Bird Lake, Whole Foods, Trader Joe’s, acclaimed restaurants, coffee shops, nightlife, live music, festivals, parks, fitness studios, shopping and more! Interior highlights include an open living and dining layout with a cozy tiled fireplace, hardwood floors throughout, an updated tiled shower and a spacious bedroom with TWO closets, including a rare oversized walk-in. The unique dual-entry floor plan provides private bedroom access in addition to the main entrance overlooking the beautifully landscaped courtyard. Community amenities include a sparkling pool, outdoor grilling areas, fob-controlled entry, bike storage and a reserved garage parking space conveniently located near the elevator. Enjoy easy access to Lamar, Mopac, I-35, 290, 183 and 71, with UT, the Medical District and The Domain just minutes away. Surrounded by Austin’s sleek modern towers, Posada Del Rey stands apart with authentic neighborhood charm and a wonderfully friendly community. Come see it!

Highlights

Listed by Shelli Pauly , (512) 507-3355 Urbanspace , (512) 457-8884. Austin MLS mls logo

Property Type

Condo/Townhome

Lot/Acreage
0.01

HOA Fee

568 Monthly

Year Built

1964

County

Travis

Area

DT

Neighborhood

Posada Del Rey Condo Amd

School District

Austin ISD

Listing ID

3230506

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:1
  • ▪ Bathrooms:1
  • ▪ Full Bathrooms:1
Appliances:Dishwasher, Free-Standing Gas Range, Free-Standing Range, Gas Cooktop, Disposal, Microwave, Oven
Floor:Laminate,Tile
Other:
  • ▪ Additional:Bookcases, Built-in Features, Chandelier, Crown Molding, Main Level Primary, Multiple Closets, Open Floorplan, Stone Counters, Recessed Lighting, Walk-In Closet(s), High Speed Internet
Water:Public

Exterior Features

Lot:Garden,Trees Large Size,Trees Medium Size,Views
Roof:Composition,Mixed,Rubber,Spanish Tile
Others:
  • ▪ Additional:Exterior Steps, Garden, Gas Grill, Lighting, Outdoor Grill, Private Entrance, Uncovered Courtyard, Resale
Sewer:Public Sewer
Parking Features:Assigned,Electric Gate,Garage,Garage Door Opener,Oversized,Secured,Guest
Principal Interest
$1,796
Taxes
$530
HOA
$568

Home Price

$324,999

Loan Details

30 yrs
7.375%

Down Payment

20%
$65,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,795.75

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $1,795.75 $529.97 $568.00 $2,893.72
Yearly $21,549.00 $6,359.68 $6,816.00 $34,724.68
Total $646,469.95 $190,790.40 $204,480.00 $1,041,740.35

Today's Rates

30 Year

7.38%

20 Year

7.18%

15 Year

6.77%

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Market insight data is pulled from the same city as the listing being viewed (Austin, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Spinelli Residential Group | KW - Austin Portfolio Real Estate nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
Listings courtesy of Austin MLS as distributed by MLS GRID

IDX service by Blueroof 360

Data last updated: 2026-10-18T17:17:00.000Z

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