




$535,000
505 W 7th ST 102, Austin, TX, 78701
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About this property
Extensively updated first-floor condo in the charming Posada del Rey community in the heart of downtown Austin! This beautifully renovated 2-bedroom unit features updated cabinetry, solid surface countertops, stainless steel appliances (including gas cooking), modern plumbing and lighting fixtures, built-out primary closet and a stunning tile surround shower with frameless glass door. The thoughtful floor plan includes a full bath plus a convenient ensuite half bath, along with in-unit laundry for everyday ease. Posada del Rey offers classic character and old Austin charm with mature courtyards, a sparkling community pool, gated covered parking, and low HOA dues — a rare combination in such a prime downtown location. Walk to Whole Foods, Trader Joe’s, BookPeople, Walton’s, Republic Square Park (excellent farmers market), and all the dining, coffee shops, and nightlife along West 6th Street. Also just minutes from Lady Bird Lake hike-and-bike trails and the 2nd Street District. Enjoy unbeatable walkability with the comfort and character of a smaller, established community.
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Learn About the Market: Opportunity in Austin




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Austin
Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.
From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.
Population Growth
~0.4%
Net Migration
Positive
Median Home Price
$555,300
Unemployment Rate
3.20%
Price Trend
~0.4% YoY growth
New Permits
2,269 units
City: Austin
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