new - 14 hours on rocket

505 W 7th St, Austin, TX, 78701

$419,000

Home List Price

$4,976*

Closing Credit

1 Bedroom
1 Full Bath
709 SqFt
$591/SqFt
Condo

Location

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505 W 7th St, Austin$419,000

Buyer Closing Credits

$4,976*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingNone
Garage1 space
Year Built1964
HeatingCentral
CoolingCentral Air
WaterfrontNone
FireplaceNone
ViewCity
MLS #9702268
StatusActive

About 505 W 7th St

Discover urban living at its finest in this stunning one-bedroom, one-bathroom condo situated in the heart of downtown Austin. Bathed in natural light, this bright and airy space offers a refreshing ambiance that instantly feels like home. Enjoy the generous living room, perfect for relaxation or entertaining guests, and take advantage of the community pool! The thoughtfully designed kitchen, complemented by built-in bookcases or a pantry, adds both functionality and charm. Don’t miss this incredible opportunity to embrace a vibrant lifestyle in one of Austin’s most sought-after locations! The dedicated parking space is #114. New AC as of October 2024!

Property Details

Property Features

Property Information:

  • Year Built: 1964
  • Stories: 1
  • Living Area: 709 SqFt

Listing Office:

  • Office Name: JBGoodwin REALTORS WL
  • Office Phone: (512) 502-7601
  • Listing Agent: Mark Murrell

Interior Features

Interior Information:

  • Appliances: Gas Range
  • Flooring Type: Tile
  • Interior: Main Level Primary
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: City
  • Exterior: None

Parking Information:

  • Garage Space: 1 space
  • Parking: None

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Posada Del Rey is on 7th Street & Nueces. Spanish, stucco complex. Complex access entrance is on 7th St. Refer to access gate code in MLS.

Price Information

Listing Price Info

Price Summary:

  • List Price: $419,000
  • Price Per SqFt: $591/SqFt

HOA Fees:

  • Amount: $455
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Austin, TX.

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Austin, TX

City

Med. Sold Price

$566.4K

Med. Price/SqFt

$307

Avg. Days On Market

72

# of Sold Homes

669

505 W 7th St vs Austin

1 DAY ON ROCKET

-71 Days

$419,000

-$147.4K Less

$591/SqFt

+$283 More

KEY TAKEAWAY

This property is $147.4K less than the Median Sold Price and $283/SqFt more than other homes in Austin, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ACTRIS
  • MLS Number: #9702268

Listing Office:

  • Office Name: JBGoodwin REALTORS WL
  • Office Phone: (512) 502-7601
  • Listing Agent: Mark Murrell

IDX Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

Copyright 2024 Unlock MLS and Austin Central Texas Realty Information Services, Inc.

IDX Listings courtesy of Unlock MLS as distributed by MLS GRID.

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.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 11/22/2024, 6:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,614

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,323

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-540616
8
/10

  • Matthews Elementary School

  • 906 W Lynn St

  • 0.97 miles

  • Public District Grades PK-6

school-card-donut-540617
5
/10

  • Sanchez Elementary School

  • 73 San Marcos St

  • 1.12 miles

  • Public District Grades PK-5

school-card-donut-540618
6
/10

  • Blackshear Elementary School

  • 1712 E 11th St

  • 1.52 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $88,116. The most common annual income of people living in Austin, TX is between $35k-100k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 505 W 7th St

What is the listing price of this property?

The listing price of 505 W 7th St property is $419,000.

What type of property is this?

The property 505 W 7th St is a condo located in Austin, Texas, 78701.

Is this property for sale now?

Active Listing: 505 W 7th St is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 505 W 7th St has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 505 W 7th St is 709 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 505 W 7th St is 1964.

Rocket Homes›Texas›Travis County›Austin›78701›505 W 7th St

This home is located at 505 W 7th St in Austin, TX and zip code 78701 in the Downtown neighborhood. This 709 square foot home was built in 1964. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $419,000.

Austin, TX housing market in October 2024 saw over 66 listings sold above listed price, more than 96 sold at listed price and over 506 sold below. The number of homes for sale in Austin, TX increased by 6.3% between September 2024 and October 2024. While the average time on the market in October 2024 was 72 days, the median list price was $566,430.

From Rocket Homes Real Estate and based on county public records data.

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