500 E Riverside DR # 242, Austin TX 78704
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About This Property
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!
Property Highlights
Features
- Ceiling Fan(s)
- Granite Counters
- Interior Steps
Location
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Schools
Property Details
HOA & Community
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Estimate your monthly payment (PITI)
* Estimate only. Does not include HOA fees, PMI, or other costs.
This property has HOA fees of $661/monthly.
Tax Information
| Year | Market Value |
|---|---|
| 2026 | $480,776 |
| 2025 | $600,805 |
| 2024 | $570,975 |
| 2023 | $651,131 |
| 2022 | $685,807 |
| 2021 | $468,804 |
| 2020 | $402,253 |
| 2019 | $402,253 |
| 2018 | $455,092 |
| 2017 | $360,344 |
Source: Travis Central Appraisal District (TCAD) · Travis County Tax Office
Listing History
| Jul 20, 2026 | Listed | Listing Courtesy of CB&A, Realtors - Rebecca@RTrealtygroup.com | $599,000 |
| Jul 5, 2026 | Off Market | ||
| May 30, 2026 | Price Change | $3,300 | |
| May 2, 2026 | Listed | $3,500 |
| Jun 13, 2025 | Off Market | ||
| Mar 19, 2025 | Listed | $3,200 |
| Jul 27, 2024 | Off Market | ||
| Mar 1, 2024 | Listed | $649,000 |
| May 24, 2021 | Off Market | ||
| Apr 2, 2021 | Listed | $580,000 |
| Oct 26, 2020 | Off Market | ||
| Jul 31, 2020 | Listed | $520,000 |
| May 4, 2018 | Off Market | ||
| Apr 14, 2018 | Listed | $2,400 |
Frequently Asked Questions About 500 E Riverside DR # 242, Austin TX 78704
When was 500 E Riverside DR # 242, Austin TX 78704 built?
500 E Riverside DR # 242, Austin TX 78704 was built in 1971.
How much does 500 E Riverside DR # 242, Austin TX 78704 cost?
500 E Riverside DR # 242, Austin TX 78704 is listed for sale at $599,000. That is $409 per square foot.
How many bedrooms and bathrooms does 500 E Riverside DR # 242, Austin TX 78704 have?
500 E Riverside DR # 242, Austin TX 78704 has 3 bedrooms and 3 bathrooms (2 full, 1 half) with 1,465 square feet of living space.
What school district is 500 E Riverside DR # 242, Austin TX 78704 in?
500 E Riverside DR # 242, Austin TX 78704 is in the Austin ISD school district. Assigned schools include Travis Hts (elementary), Lively (middle), Travis (high school).
Does 500 E Riverside DR # 242, Austin TX 78704 have an HOA?
Yes, 500 E Riverside DR # 242, Austin TX 78704 has an HOA fee of $661 per monthly. The HOA includes maintenance grounds, maintenance structure, parking.
How big is the lot at 500 E Riverside DR # 242, Austin TX 78704?
The lot at 500 E Riverside DR # 242, Austin TX 78704 is 0.068 acres, and the home has 1,465 square feet of living space.
What type of property is 500 E Riverside DR # 242, Austin TX 78704?
500 E Riverside DR # 242, Austin TX 78704 is a residential property.
Does 500 E Riverside DR # 242, Austin TX 78704 have a pool?
Yes, 500 E Riverside DR # 242, Austin TX 78704 has a pool. Pool features include in ground.
Is 500 E Riverside DR # 242, Austin TX 78704 waterfront?
Yes, 500 E Riverside DR # 242, Austin TX 78704 is a waterfront property on Colorado River. Waterfront features include waterfront.
What subdivision is 500 E Riverside DR # 242, Austin TX 78704 in?
500 E Riverside DR # 242, Austin TX 78704 is located in the Riverwalk Condo subdivision in Austin, TX.
How long was 500 E Riverside DR # 242, Austin TX 78704 on the market?
500 E Riverside DR # 242, Austin TX 78704 was on the market for 5 days, listed on July 20, 2026.
What heating and cooling does 500 E Riverside DR # 242, Austin TX 78704 have?
500 E Riverside DR # 242, Austin TX 78704 has electric heating and central air cooling.
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