500 E Riverside DR # 251, Austin TX 78704

Austin, TX 78704 | Riverwalk Condo

Ed's Opinion of Value

$223,566 Ed's Estimate: $252,970 $280,000
Lowest Comp Recommended List: $186,000 to $196,000 Highest Comp
Reviewing the most recent comparable transactions, this home's market value falls around $252,970. For a well positioned listing in RIVERWALK CONDO, I'd target the $186,000 to $196,000 range. With 7 comparable homes on the market in RIVERWALK CONDO, this price positions the property as the most expensive of 7 comparable homes on the market. Current inventory shows 7 comparable homes in RIVERWALK CONDO; a seller's market based on recent absorption. Recent trends in RIVERWALK CONDO show home values have risen 71.4% since 6 months ago. The most comparable recent sale is 1500 East Side DR # 219A, Austin TX 78704, with an adjusted value of $278,993; a strong comparable. 4 comparable transactions in RIVERWALK CONDO support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
1 Beds
1 Baths 1 Full
564 Sq Ft
0.0261 Acres
1971 Built

About This Property

Wonderful opportunity in a coveted community in Travis Heights that's the best of both worlds, so close to Downtown while being surrounded by nature. This cute 1 bed/1 bath has nice light, custom built-in shelving and overlooks a courtyard. Unique to this unit, a patio leads to a storage closet equipped with a washer and dryer—an uncommon feature in the community. There have been recent updates in the community and more planned for the near future: last year all of the roofs were replaced, wood was repaired, fresh paint throughout, coming soon are new mailboxes & gates, plus courtyard right off the balcony will be redone. Amenities include a pool & community dock with canoe, kayak and SUP storage areas. Nestled right on Town Lake, this is truly a prime location in 78704 with easy access to all the restaurants, shopping & entertainment on South Congress. Pride in ownership shows, must see this gem!

Features

  • Bookcases
  • Breakfast Bar
  • Primary Bedroom on Main
  • Walk-In Closet(s)
  • Washer Hookup

Location

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Schools

School District Austin ISD
Elementary Travis Hts
Middle School Lively
High School Travis

Property Details

Property Type Residential
Flooring Tile
Cooling Central Air
Heating Central
Exterior None
County Travis
MLS # 9565543

HOA & Community

HOA Fee $239 /Monthly
HOA Includes Common Area Maintenance, Trash, Water

Tax Information

Annual Taxes $5,718 (2024)

Listing History

MLS# 9565543 - Updated Mar 18, 2026 91 days
Jun 3, 2025 Off Market
May 7, 2025 Price Change $299,000
Feb 14, 2025 Listed $345,000

Frequently Asked Questions About 500 E Riverside DR # 251, Austin TX 78704

When was 500 E Riverside DR # 251, Austin TX 78704 built?

500 E Riverside DR # 251, Austin TX 78704 was built in 1971.

How much does 500 E Riverside DR # 251, Austin TX 78704 cost?

500 E Riverside DR # 251, Austin TX 78704 sold on June 3, 2025. Contact us for sale price details.

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