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Key Facts

2Beds

2Baths

995Sq Ft

1964Year Built

0.01Lot (acres)

$495,000

$535,000 · Price reduced

Active36 days on marketListed June 12, 2026

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Description

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.

Property Information

Property Type

Residential

Sub-Type

Condominium

Style

1st Floor Entry

Year Built

1964

Living Area

995 sq ft

Lot Size

0.01 acres

Parking Spaces

Ownership

Common

Days on Market

MLS® Listing#

6295854

Property Features

Interior

Ceiling Fan(s)Stone CountersRecessed LightingWalk-In Closet(s)

Exterior

GardenUncovered CourtyardGas GrillLightingOutdoor Grill

Appliances

DishwasherFree-Standing Gas RangeRefrigeratorWasher/Dryer

Cooling

Ceiling Fan(s)Central Air

Heating

Central

Flooring

Laminate

Pool

None

Parking

Garage

Laundry

In Unit

Patio

CoveredPatio

Fencing

Security

Lot Features

Garden

Foundation

Slab

Roof

Flat Tile

Windows

Blinds

Security

Building SecurityClosed Circuit Camera(s)Key Card EntrySecured Garage/ParkingSecurity FenceSecurity Lights

Other Structures

None

Community

GatedPool

Utilities

Electricity ConnectedNatural Gas ConnectedWater Connected

Sewer

Public Sewer

Water Source

Public

Schools

Elementary:: Mathews
Middle:: O Henry
High:: Austin

Financial Details

HOA

$777 / Monthly

Posada del Rey HOA

Annual Taxes

$11,305

Tax year 2025

Assessed Value

$570,452

Parcel Number

02060104130012

Directions

From Mopac, head East on 5th St, turn left at Nueces, right onto 7th. Destination is on the right.

Affordability Calculator

Home Price

Down Payment

$99,000

Interest Rate (%)

Loan Term

Estimated monthly payment

$2,635/mo

Principal $396,000 · Est. interest $552,455 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Austin, TX

$550,927
Median Listing Price: 75
Median Days on Market: 1,740
Median Sq Ft: $327
Median Price / Sq Ft: 5,353
Active Listings

This home’s price is 10% below the area median.
Its price per sq ft is 52% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Austin, TX.

Location

Points of Interest in Austin, TX

Nearby Schools

Texas Charter School Associates
School · 0.1 mi away
Headwaters School
Secondary · 0.1 mi away
Pease Elementary
Elementary · 0.4 mi away
Alpha High School
Secondary · 0.4 mi away
Hello World
School · 0.4 mi away
American Youthworks Charter School
School · 0.5 mi away
St David's Episcopal Day School
School · 0.5 mi away
Austin Independent School District
School · 0.5 mi away
Huntington-Surrey School
School · 0.6 mi away
Mi Casita Montessori
Elementary · 0.6 mi away
Texas Bar College
School · 0.6 mi away
Austin Junior Forum
Elementary · 0.6 mi away
Elementary School
Elementary · 0.6 mi away
St Martin's Lutheran School
School · 0.6 mi away
Legal Digest
School · 0.9 mi away
St. Austin Catholic School
Elementary · 0.9 mi away
Texas Executive Education
School · 0.9 mi away
Cuauhtli Academy
School · 0.9 mi away
Nursing School
School · 1.0 mi away
Mathews Elementary Pta
Elementary · 1.0 mi away

505 W 7th ST, Austin, TX

0.0 mi away

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Similar Home Values

Comparable nearby listings and their asking prices.

Address	Price	Beds	Baths	Sq Ft
11209 Drumellan ST, Austin, TX	$347,000	3	3	2,020
4400 Dovehill DR, Austin, TX	$347,500	3	2	1,436
4801 S Congress Ave H1, Austin, TX	$348,000	1	2	900
2302 East Side DR 28, Austin, TX	$348,500	2	2	964
4517 Lava Island DR, Austin, TX	$348,990	3	2	1,553
2215 Post RD 2076, Austin, TX	$349,000	2	2	977

Moving Cost Estimate

EXIT Agents in Austin

Yvonne Davis
Sales Representative
EXIT 4 Texas Realty ProfessionalsNew Braunfels, TX
(830) 822-8808
yvonne.exitrealty@gmail.com
Paul Machalec
Sales Representative
EXIT 4 Texas Realty ProfessionalsNew Braunfels, TX
(830) 708-6683
greg.machalec@gmail.com
Sherry Keeble
Broker of Record
EXIT 4 Texas Realty ProfessionalsNew Braunfels, TX
(830) 606-0606
sherrykeeble@exitrealtynewbraunfels.com
Marcus Fuller
Sales Representative
EXIT Heart of Texas RealtyKilleen, TX
(760) 382-1891
marcus@exithot.com
Greg Ruehlen
Franchisee
EXIT Heart of Texas RealtyKilleen, TX
(254) 394-2000
greg@exithot.com
Website
Eric Armstrong
Franchisee
EXIT Heart of Texas RealtyKilleen, TX
(254) 317-2383
eric@exithot.com

Listing Courtesy: Twelve Rivers Realty - (512) 658-2419

Based on information submitted to the MLS GRID as of 2026-06-12 . 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.

Last Updated: 2026-06-12