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$495,000

505 W 7th ST 102, Austin, TX, 78701

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths995 Sq Ft
price_per_sqft$497.49 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Move-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDryer, Dishwasher, Free Standing Gas Range, Refrigerator, Washer
FlooringLaminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesExterior Steps, Garden, Gas Grill, Lighting, Outdoor Grill, Uncovered Courtyard

About this property

Beautifully updated first-floor condo in the charming Posada del Rey community, ideally situated in the heart of downtown Austin! This thoughtfully renovated 2-bedroom residence showcases updated cabinetry, solid-surface countertops, stainless steel appliances including gas cooking, modern plumbing and lighting fixtures, a custom-built primary closet, and a beautifully remodeled shower with designer tile and a frameless glass enclosure. The functional floor plan includes a full bath, a convenient ensuite half bath, and in-unit laundry for everyday comfort and convenience. Posada del Rey captures the character of old Austin with lush, mature courtyards, a sparkling community pool, gated covered parking, and low HOA dues—an increasingly rare combination in such a premier downtown location. Enjoy easy access to Whole Foods, Trader Joe’s, BookPeople, Walton’s, Republic Square Park and its renowned farmers market, along with the restaurants, coffee shops, and nightlife of West 6th Street. Just moments from the Lady Bird Lake hike-and-bike trail and the 2nd Street District, this home offers an exceptional blend of urban convenience, walkability, and the charm of a smaller, established community.

Investor Tools

$0Estimated Mortgage Balance
$495,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,970 /month
Positive
Cash Flow Estimate:
$990 /month

Interested in this property?

Kevin Bown

Twelve Rivers Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$777/month
5.947%

City: Austin

505 W 7th ST 102 | Property Details | No Agent List