500 E Riverside Dr #242, Austin, TX 78704
Property image
Property image
FOR SALE

$579,000

Original price: $599,000
  • 3 Beds
  • 2.5 Baths
  • 1,465 sqft

500 E Riverside Dr #242, Austin, TX 78704

South River City
Est. Mortgage $4,528/mo*
Get Pre-Qualified

Home Highlights

Condo
Built in 1971
$395/sqft
HOA $661/mo

Local Information

  • Map ViewExplore the area around 500 E Riverside Dr #242.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

This spacious 3-bedroom, 2.5-bath, 2-story condo offers breathtaking downtown skyline views and private waterfront access on the south shore of Lady Bird Lake. Enjoy 1,465 sq. ft. of stylish living space featuring wood-look vinyl flooring, abundant natural light, and an updated color scheme. The first floor boasts an open-concept living, dining, and kitchen area, while upstairs, you’ll find three well-sized bedrooms, walk-in closets, and three private patios—perfect for soaking in the views. Recent upgrades include a NEW roof (2024), NEW indoor air handler (2024). The Riverwalk Condominiums community provides secure gated entrances, private landscaped grounds, pool, lounge areas, and a community dock with canoe, kayak, and SUP storage. Plus, enjoy direct access to the Lady Bird Lake trail just outside the gates! This unbeatable 78704 location is a short walk to SoCo, Downtown, Barton Springs, Zilker Park, and Auditorium Shores. With private assigned parking 448(under carport) and 475(onside of the building). This rare opportunity won’t last long!
Last check for updates: about 15 hours ago
Listing courtesy of Rebecca Taurozzi, (512) 213-0637
CB&A, Realtors, (512) 213-0637
Source: Unlock MLS, MLS#7440009
Also Listed on Unlock MLS.

Home Details for 500 E Riverside Dr #242

Active Status

MLS Status: Active

Interior Features

Beds & Baths
Number of Bedrooms: 3Main Level Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 1465 Square Feet
Appliances & Utilities
Utilities: Electricity AvailableAppliances: Dishwasher, RefrigeratorDishwasherRefrigerator
Heating & Cooling
Heating: ElectricHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Electric
Gas & Electric
Has Electric on Property
Windows, Doors, Floors & Walls
Window: Drapes, ScreensFlooring: Laminate, Tile
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoAccessibility: NoneFloors: Laminate, Tile
View
No ViewView: None

Exterior Features

Exterior Home Features
Roof: CompositionPatio / Porch: TerraceFencing: Electric, GateOther Structures: NoneExterior: Balcony, Boat Dock - Shared, Uncovered CourtyardFoundation: SlabHas a Private Pool
Parking & Garage
No GarageNo Attached GarageParking: Additional Parking, Covered
Pool
Pool: In GroundPool
Frontage
WaterfrontWaterfront: WaterfrontOn Waterfront
Water & Sewer
Sewer: Public SewerWater Body: Colorado River
Farm & Range
Not Allowed to Raise Horses

Days on Market

Days on Market: 61

Property Information

Year Built
Year Built: 1971
Property Type / Style
Property Type: ResidentialProperty Subtype: Condominium
Building
Not a New Construction
Property Information
Condition: ResaleParcel Number: 02010302070095

Price & Status

Price
List Price: $579,000Price Per Sqft: $395
Status Change & Dates
Possession Timing: Close Of Escrow, Funding

Location

Direction & Address
City: AustinCommunity: Riverwalk Condo Amd
School Information
Elementary School: Travis HtsElementary School District: Austin ISDJr High / Middle School: LivelyJr High / Middle School District: Austin ISDHigh School: TravisHigh School District: Austin ISD

Agent Information

Listing Agent
Listing ID: 7440009

Community

Community Features: BBQ Pit/Grill, Common Grounds, Courtyard, Gated, Pool

HOA

HOA Fee Includes: Maintenance Grounds, Maintenance Structure, ParkingHOA Name: The Riverwalk Condominium Owners Association Inc.Has an HOAHOA Fee: $661/Monthly

Lot Information

Lot Area: 2962.08 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Conventional, 1031 Exchange, FHA

Miscellaneous

Mls Number: 7440009Attribution Contact: (512) 213-0637

Additional Information

BBQ Pit/GrillCommon GroundsCourtyardGatedPool

Around this home

Neighborhood Overview

South River City
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about South River City

At least 39 Trulia users voted on each feature.

  • 87 % Say it's dog friendly

  • 81 % Say it's walkable to restaurants

  • 76 % Say car is needed

  • 75 % Say it's walkable to grocery stores

  • 73 % Say parking is easy

  • 67 % Say there are sidewalks

  • 67 % Say people would walk alone at night

  • 65 % Say there's holiday spirit

  • 61 % Say it's quiet

  • 60 % Say they plan to stay for at least 5 years

  • 59 % Say yards are well-kept

  • 54 % Say neighbors are friendly

  • 48 % Say streets are well-lit

  • 47 % Say there's wildlife

  • 37 % Say kids play outside

  • 21 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Vicki F.
    "Lots of neighbors walking their dogs. A dog park. Stacey park with plenty of green space. I don’t like having to do this. "
    0
    Flag
  • taylorraesiders520
    "I've lived here for four years and it's a great Central place to live. You can walk downtown, zilker and Soco. Reasonable prices too. Traffic on congress can be tight but its worth it if you live an active lifestyle. "
    5
    Flag
  • Deireestrain
    "Old Austin. Feels homey and close to the community. Not far from events, and with in walking distance of Congress ave"
    3
    Flag
  • Jackie S.
    "There are lots of parks. Dogs would love it."
    0
    Flag
  • Christina F.
    "It's not extremely close to the lake or to trails, but usually the apartment complexes have dog parks."
    0
    Flag
  • D G.
    "Older homes. There are lots of activities and things to do outdoors."
    0
    Flag
  • Christina F.
    "Great location near restaurants, shops, and highways—but not far from downtown."
    0
    Flag
  • D G.
    "The commute's not too bad, although traffic is getting worse with people moving in and new condos going in."
    0
    Flag
  • Christina F.
    "You can get more for your money here. You'll be away from downtown but still near things to do and see."
    0
    Flag
  • galt123
    "In the middle of everything. Close to the airport. Close to the capitol, bars, restaurants, SXSW, ACL, parks, greenbelt, pools, gardens. Everything that makes Austin great is within 5 miles. "
    6
    Flag
  • gazeskywardmelanie
    "I live here and love it. The historic character of the neighborhood would charm anyone!"
    1
    Flag
  • Kent H.
    "Close to everything. Very safe. I love Travis Heights. "
    1
    Flag
  • Tim A.
    "This neighborhood is in high demand, Located just across Lady Bird Lake from Downtown Austin. This section of the lake will soon be accessed by a new boardwalk that will keep the many runners, walkers and joggers off of busy E. Riverside Drive. The neighborhood is walkable with S. Congress Ave close by for shopping, dining and nightlife options. Easy access to I-35 to get into or out of town."
    1
    Flag
  • Tricia T.
    "Wonderful area close to downtown on high speed bus route. In the middle of SOCO with shops and restaurants just outside the door. Very close to Stacy Park. Area is safe and very walkable"
    1
    Flag
  • Anne J.
    "Travis Heights is an adorable neighborhood -- very stroll-able and close proximity to Downtown and some of Austin's weirdest and nicest restaurants and bars. Travis Heights Elementary is a prime school and received a GreatSchools Rating of 5 out of 10. Mature trees everywhere. Some will find the neighborhood a bit eclectic. "
    1
    Flag

Market trends in Austin

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$587K
$167MoM
Sale-to-List Price
97.9%
0.1%MoM
Price per sq ft
$307
$0MoM
Available listings
5249
276MoM

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
44 East Ave #2601, Austin, TX
0.27
Condo
-
10/23/25
3
3
2,032

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
500 E Riverside Dr #154, Austin, TX 78704
0.09
$280,000
1
1
573
For Sale
512 Sunny Ln #B, Austin, TX 78704
0.13
$1,095,000
3
3
1,840
For Sale
510 Sunny Ln #A, Austin, TX 78704
0.14
$4,307,300
6
8
4,610
Off Market
510 Sunny Ln #B, Austin, TX 78704
0.14
$1,709,300
3
3.5
2,305
Off Market
500 E Riverside Dr #114, Austin, TX 78704
0.12
$298,000
1
1
564
For Sale
500 E Riverside Dr #119, Austin, TX 78704
0.15
$214,900
1
1
388
For Sale
400 Academy Dr, Austin, TX 78704
0.21
$7,900,000
5
3.5
4,354
For Sale
44 East Ave #2806, Austin, TX 78701
0.18
$548,999
Studio
1
481
For Sale
40 N Interstate Highway 35 Hwy #4A4, Austin, TX 78701
0.17
$429,000
2
2
1,234
For Sale
40 N Interstate Highway 35 #2B2, Austin, TX 78701
0.18
$388,200
2
2
1,459
Off Market
44 East Ave #2701, Austin, TX 78701
0.19
$1,590,700
3
3
2,032
Off Market

Price and Tax history

DateEventPrice
Sep 5, 2026
Source: Unlock MLS #7467001
Listed For Rent
$3,000
Aug 13, 2026
Source: Unlock MLS #7440009
PriceChange
$579,000
Price decreased by 3%
Jul 20, 2026
Source: Unlock MLS #7440009
Listed For Sale
$599,000
Jul 5, 2026
Source: Unlock MLS #7467001
ListingRemoved
$3,300
May 30, 2026
Source: Unlock MLS #7467001
PriceChange
$3,300
Price decreased by 6%

LGBTQ Local Legal Protections

Rebecca Taurozzi, CB&A, Realtors, (512) 213-0637
Agent Phone: (512) 213-0637
Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2026-09-19 09:34:40 PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Information being provided is 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. Some IDX listings have been excluded from this website. Click here for more information

Similar Homes You May Like

Skip to last item
Skip to first item

New Listings near 500 E Riverside Dr #242

Skip to last item
Skip to first item

Frequently asked questions about 500 E Riverside Dr #242

  • What is the estimated monthly payment for 500 E Riverside Dr #242?
    Based on a $579,000 list price with 20% down at today's rates, the estimated monthly payment for 500 E Riverside Dr #242 in Austin, TX is approximately $3,928 (about $3,149 principal & interest, $704 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 500 E Riverside Dr #242 compare to homes in Austin?
    500 E Riverside Dr #242 in Austin, TX is listed at $579,000, about 1% below the $587K median sale price in Austin.
  • What do residents say about the South River City neighborhood?
    Residents describe the South River City neighborhood in Austin, TX as dog-friendly, walkable to restaurants, and walkable to grocery stores. See homes for sale in South River City, Austin.
  • What are the closest schools to 500 E Riverside Dr #242?
    The closest schools to 500 E Riverside Dr #242 in Austin, TX are Fulmore Middle School (rated 4/10), Travis Heights Elementary School (Pre-K, rated 6/10), Travis High School (rated 1/10).
  • Does 500 E Riverside Dr #242 have air conditioning?
    Yes, 500 E Riverside Dr #242 in Austin, TX has air conditioning.
  • Does 500 E Riverside Dr #242 have a pool?
    Yes, 500 E Riverside Dr #242 in Austin, TX has a pool.
500 E Riverside Dr #242, Austin, TX 78704 is a 3 bedroom, 3 bathroom, 1,465 sqft condo built in 1971. 500 E Riverside Dr #242 is located in South River City, Austin. This property is currently available for sale and was listed by Unlock MLS on Jul 20, 2026. The MLS # for this home is MLS# 7440009.