500 E  Riverside Dr #256, Austin, TX 78704
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Property image
OFF MARKET

500 E Riverside Dr #256
Austin, TX 78704

South River City
  • 2 Beds
  • 2 Baths
  • 789 sqft
2 Beds
2 Baths
789 sqft

Local Information

  • Map ViewExplore the area around 500 E Riverside Dr #256.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Situated right on the south shore of LadyBird Lake, the community gives you direct access to Ladybird Lake, as well as and kayak/SUP storage, and a minute walk away from the Hike and Bike Trail ideal for outdoor enthusiasts. It is also a short stroll away from the lively South Congress (SoCo), Zilker Park, Barton Springs, and downtown giving you the best of Austin's parks, culture, dining, and entertainment right on your doorstep

Welcome to Unit 256 at Riverwalk Condominiums a spacious 2-bedroom, 2-bathroom unit located in the heart of South Austin. This top-floor condo offers a bright and functional layout with updated features and a private balcony perfect for enjoying the city vibe.

Situated on Lady Bird Lake just minutes from downtown Austin and the vibrant South Congress district, this unit provides convenient, convenient access to hike-and-bike trails, restaurants, shopping, and entertainment. The gated community includes amenities such as two swimming pools, private lake access, reserved covered parking, and serene green spaces.

Features:

- 2 spacious bedrooms with ample closet space
- 2 full bathrooms
- Open living/dining area with natural light
- Private balcony
- In-unit washer/dryer included
- Reserved covered parking included (plus 1 additional uncovered space)
- Gated community with grills, greenspaces, walking trails, two swimming pools
- Private canoe/kayak/SUP launch - Lakeside two person kayak available for sale by owner

Walking Distance:

- Lady Bird Lake Hike & Bike Trail 3 min walk
- Auditorium Shores 5 min walk
- South Congress Ave (SoCo District) 10 min walk
- Downtown Austin / Rainey Street 15 min walk
- Cidercade Austin 1 min walk
- The Long Center for the Performing Arts 5 min walk
- Joe's Coffee, Home Slice Pizza, Perla's 10 12 min walk
- Bennu's Coffee, Thundercloud Subs, and Freebirds - 5 min walk
- Norwood Estate Dog Park - 5 min walk

Don't miss the opportunity to live in one of Austin's most desirable locations. Contact us today to schedule a showing!

500 E Riverside Dr is a condo located in Travis County and the 78704 ZIP Code. This area is served by the Austin Independent School District attendance zone.

Owner pays for water, wastewater, and garbage, and parking. Tenant pays for electricity, renter's insurance, and Google Fiber.
500 E Riverside Dr #256, Austin, TX 78704 is a 2 bedroom, 2 bathroom, 789 sqft apartment in South River City. It last sold for $283,000 on Dec 18, 2018 (15,239% above the $1,845 asking price). More recently, it was listed as a rental in July 2025 with an asking price of $1,845 per month. That rental listing was removed on July 21, 2025. It is currently off market. The Trulia Estimate rent is $2,370/month.

Home Highlights

Parking
No Info
Outdoor
Pool
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 500 E Riverside Dr #256

Interior Features

Heating & Cooling
Heating: Heat PumpAir ConditioningCooling System: Central AirHeating Fuel: Heat Pump
Appliances & Utilities
DishwasherDryerMicrowaveRefrigeratorWasher
Levels, Entrance, & Accessibility
Floors: Hardwood

Property Information

Property Type / Style
Property Type: Apartment

Rental Terms, Policies & Fees

Lease Term: 1 YearAvailable: now

Exterior Features

Pool
Pool
Parking & Garage
Parking: Off Street Parking, On Site

Additional Information

Pool

Price History for 500 E Riverside Dr #256

DatePriceEventSource
07/21/2025$1,845ListingRemovedZillow Rentals
07/13/2025$1,845Listed For RentZillow Rentals
12/18/2018--Sold
Watters Intl Realty Solds #4254181_78704_256
11/14/2018$299,900PendingAgent Provided
11/02/2018$299,900Listed For SaleAgent Provided

Market trends in Austin

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$555K
$14.2K
MoM
Sale-to-List Price
97.8%
0.3%
MoM
Price per sq ft
$294
$1
MoM
Available listings
5593
254
MoM
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Property Tax and Assessment

Year2021
Tax
Assessment$331,800
Home facts updated by county records

Comparable Sales for 500 E Riverside Dr #256

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.03
Apartment
-
09/30/25
3
2.5
1,501
0.04
Apartment
-
11/04/25
1
1
579
0.34
Apartment
-
09/12/25
2
1
800
0.48
Apartment
-
07/01/26
2
2
1,219
0.51
Apartment
-
12/08/25
2
2
1,176
0.54
Apartment
-
09/05/25
2
2
1,073
0.54
Apartment
-
04/01/26
2
2
1,224
0.53
Apartment
-
09/19/25
2
2
1,300
0.56
Apartment
-
10/21/25
2
2
1,196
0.31
Apartment
-
12/08/25
1
1
781
Home facts updated by county records

Nearby homes

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Assigned Schools

These are the assigned schools for 500 E Riverside Dr #256.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

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

  • 78 % Say car is needed

  • 75 % Say it's walkable to grocery stores

  • 73 % Say parking is easy

  • 67 % Say there's holiday spirit

  • 67 % Say people would walk alone at night

  • 66 % Say there are sidewalks

  • 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. "
  • 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. "
  • Deireestrain
    "Old Austin. Feels homey and close to the community. Not far from events, and with in walking distance of Congress ave"
  • Jackie S.
    "There are lots of parks. Dogs would love it."
  • Christina F.
    "It's not extremely close to the lake or to trails, but usually the apartment complexes have dog parks."
  • D G.
    "Older homes. There are lots of activities and things to do outdoors."
  • Christina F.
    "Great location near restaurants, shops, and highways—but not far from downtown."
  • D G.
    "The commute's not too bad, although traffic is getting worse with people moving in and new condos going in."
  • Christina F.
    "You can get more for your money here. You'll be away from downtown but still near things to do and see."
  • 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. "
  • gazeskywardmelanie
    "I live here and love it. The historic character of the neighborhood would charm anyone!"
  • Kent H.
    "Close to everything. Very safe. I love Travis Heights. "
  • 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."
  • 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"
  • 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. "

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Off Market Homes Near 500 E Riverside Dr #256

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