2 months on rocket

505 W 7th St Unit 108, Austin, TX, 78701

$435,000

Home List Price

$5,166*

Closing Credit

1 Bedroom
1 Full Bath
629 SqFt
$692/SqFt
Condo

Location

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505 W 7th St Unit 108, Austin$435,000

Buyer Closing Credits

$5,166*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingGarage
Year Built1964
HeatingCentral
CoolingCentral Air
WaterfrontNone
FireplaceLiving Room
ViewCity
MLS #9639513
Lot Size0.01 Acres
StatusActive

About 505 W 7th St Unit 108

One of the best kept secrets in downtown Austin! Sweet ground floor unit with saltillo tile throughout, talavera tile in kitchen, cozy living area with fireplace! Front door plus back door to exit 7th street. Large window in bedroom w/2" blinds! Can't beat this location--WALK SCORE OF 99, BIKE SCORE OF 90 and just steps away from Waltons, Star Bar and everything else downtown has to offer! This lovely Spanish-style complex has a beautiful pool, large laundry room, one parking space goes with unit! Excellent investment opportunity or see it as a way to get into downtown living on an affordable scale! This unit makes a great escape when heading downtown for concerts, ACL or the plethora of entertainment Austin offers!

Property Details

Property Features

Property Information:

  • Year Built: 1964
  • Stories: 1
  • Living Area: 629 SqFt

Listing Office:

  • Office Name: Allure Real Estate
  • Office Phone: (512) 518-0008
  • Listing Agent: Annie Bright

Interior Features

Interior Information:

  • Appliances: Gas Oven, Refrigerator
  • Flooring Type: Tile
  • Interior: No Interior Steps, Recessed Lighting, Tile Counters
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: City
  • Exterior: Gas Grill, See Remarks, Uncovered Courtyard

Parking Information:

  • Parking: Garage

Lot Features

Lot Information:

  • Lot: See Remarks
  • Lot Size: 0.01 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Posada Del Rey is on 7th Street & Nueces. Spanish, stucco complex. Entrance on 7th St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $435,000
  • Price Per SqFt: $692/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

$567.4K

Med. Price/SqFt

$308

Avg. Days On Market

74

# of Sold Homes

602

505 W 7th St Unit 108 vs Austin

77 DAYS ON ROCKET

+3 Days

$435,000

-$132.4K Less

$692/SqFt

+$384 More

KEY TAKEAWAY

This property is $132.4K less than the Median Sold Price and $384/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: #9639513

Listing Office:

  • Office Name: Allure Real Estate
  • Office Phone: (512) 518-0008
  • Listing Agent: Annie Bright

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: 12/18/2024, 7:20:50 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.

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$2,694

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,371

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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-4431372
8
/10

  • Matthews Elementary School

  • 906 W Lynn St

  • 0.97 miles

  • Public District Grades PK-6

school-card-donut-4431373
5
/10

  • Sanchez Elementary School

  • 73 San Marcos St

  • 1.12 miles

  • Public District Grades PK-5

school-card-donut-4431374
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. Most Austin, TX residents have annual incomes between $35k-100k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 505 W 7th St Unit 108

What is the listing price of this property?

The listing price of 505 W 7th St Unit 108 property is $435,000.

What type of property is this?

The property 505 W 7th St Unit 108 is a condo located in Austin, Texas, 78701.

Is this property for sale now?

Active Listing: 505 W 7th St Unit 108 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 Unit 108 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 505 W 7th St Unit 108 is 629 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 505 W 7th St Unit 108 is 1964.

Rocket Homes›Texas›Travis County›Austin›78701›505 W 7th St Unit 108

This home is located at 505 W 7th St Unit 108 in Austin, TX and zip code 78701 in the Downtown neighborhood. This 629 square foot home, which was built in 1964, sits on a 0.01 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $435,000.

In November 2024 more than 59 listings in Austin, TX were sold above the asking price. During the same period more than 96 listings were sold at asking price, while more than 446 were sold below. Between October 2024 and November 2024, Austin, TX real estate market has seen decrease in the number of listings by 1.1%. The median list price of listings available in November 2024 was $567,441, while the average time on the real estate market was 74 days.

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

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