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Posada Del Rey Housing Market Trends
|# Listings||Average DOM||Average Price||Average $/SqFt||Median Price||Median $/SqFt||Average % Reduced|
|Sold Last 6 Months (Unlock Sold Listings)||3||26||$357,000||$426||$425,000||$411||-2%|
*Posada Del Rey Market Stats are based on Austin MLS data as of August 20th, 2019 at 3:25am CDT.
Posada del Rey Austin
505 W 7th Street | Austin, TX | 78701
Posada Del Rey, at 505 W. 7th Street, sits amid some of Austin’s oldest homes (now mostly professional offices) at the corner of W. 7th Street and San Antonio Street. A 1960s era Spanish-themed building is recognizable for its brick, stucco, and red roof tile exterior. Like two arms welcoming you home, the building wraps around a courtyard with covered rustic walkways and balconies that overlook fountains and lush greenery and give the property a very intimate feel.
Buyers that love Spanish-Colonial design will appreciate the beautiful blend of Old World charm with modern décor. This 3 to 4-story property has 57 condominium units averaging over 700 square feet in size. Many Posada Del Rey condos for sale are updated, and some have fireplaces, unusual for condos located in the city.
Interior finishes vary in Posada Del Rey condos for sale ranging from studio to 2-bedroom. Many have wood, tile and carpet flooring. One of the biggest differences a buyer will note when shopping for older condominiums is the size of master bathrooms. Many older units have smaller bathrooms than today’s condos, but the overall size of the units remain about the same. For buyers who want a genuine sense of place, Posada Del Rey is a property that is unique and memorable.
Where is Posada Del Rey Austin?
View Posada Del Rey Condominiums at 505 W. 7th Street in Downtown Austin’s 78701 zip code, head west from the Texas State Capitol on W. 11th Street. Take a left on Guadalupe Street. Take a right on W. 8th Street and then a left on Nueces Street. Turn left on E. 7th Street. The property is at the corner of W. 7th Street and San Antonio Street.
Things to do near Posada Del Rey
One of the most striking features of Posada Del Rey condos for sale is the interior courtyard flanked by balcony walkways that almost become front porches for viewing the activity below. Lined with rustic stone tiles and covered from the sun, they bring life to this Market District property. The sparkling pool fenced with wrought-iron and bubbling fountains lined with decorative planters creates a space where residents can enjoy the outdoors and get to know each other.
Posada Del Rey Schools
Austin ISD serves students living in Posada Del Rey. Matthews Elementary (K-5), O. Henry Middle (6-8), and Austin High School (9-12) are the designated schools for this neighborhood. The Downtown Austin area has several private schools including Kirby Hall School (PK-12) and The Girls School of Austin (K-8). Parochial schools include Cathedral School of St. Mary’s (PK-12), St. Ignatius Martyr School (PK-8), and San Juan Diego Catholic High School (9-12).