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ActiveMLS #2255932

500 E Riverside DR # 119, Austin TX 78704

Austin, TX 78704 · Riverwalk Condominiums

Condominium for sale in Riverwalk Condominiums

1Bedrooms
1Bathrooms
388Square Ft
0.02Acres
0Garage
1971Year Built
Price Reduced
1 / 36
$209,000$214,900
3D tour

Overview

Property Description

Attention F-1 goers: Imagine owning this Gem right on Lady Bird Lake!!! 78704 condo + Travis Heights + Lady Bird Lake + New Price Now $209,000 RARE 78704 OPPORTUNITY! First Floor 388 SF efficiency condo just steps from Lady Bird Lake and the hike-and-bike trail. The covered patio spans the entire length of the unit, positioned directly across from newly renovated community pool. This move-in-ready unit makes the most of its compact footprint with wood-look tile flooring throughout, a spacious walk-in closet, New Designer Tile in the kitchen, fresh interior paint, new bathroom vanity and stylish dining light fixture. Recent improvements include HVAC (2024), stove and water heater (2025). Refrigerator and microwave convey. Enjoy a low-maintenance lifestyle with two community pools, a private boat dock on lady bird lake and an HOA fee of just $179/month, which includes water, sewer, trash, recycling, structure insurance and common-area maintenance. Recent community improvements include a new roof, updated gate system and security cameras, fresh exterior paint and exterior lighting. The location is the showstopper! Lady Bird Lake is just steps away, offering easy access to kayaking, paddleboarding and the hike-and-bike trail. Downtown Austin, shopping, dining, nightlife and entertainment are all minutes away. Perfect as an Austin home base, lock-and-leave property, pied-a-terre or investment opportunity. Own in one of Austin's most iconic locations—Travis Heights/78704—for just $209,000. Don't miss this rare opportunity!

Financial Info
Price
$209,000
$ / Sqft
$539
HOA
Yes - Mandatory / $179 / Monthly
HOA Name
Riverwalk HOA
HOA Includes
See Remarks, Common Area Maintenance, Insurance, Landscaping, Maintenance Grounds, Sewer, Trash, Water
Tax Rate
2.0465%
Est. Taxes
$3,542
Tax Year
2026
Exemptions
None
Legal Info
Address
500 E Riverside DR # 119
County
Travis
City
Austin
State
TX
Zip
78704
Subdivision
Riverwalk Condominiums
Legal Description
UNT 119 BLD D RIVERWALK CONDOMINIUMS AMENDED PLUS .371% INTEREST IN COMMON AREA
Parcel
02010302070045
Interior Features
Floor
Tile
Num Living
1
Dining
1
Kitchen
Breakfast Bar, Pantry
Appliances
Disposal, Electric Range, Microwave, Electric Oven, Refrigerator, Electric Water Heater
Laundry
Common Area
Master Bed
Primary Bedroom on Main
Master Main
Yes
Fireplace Description
None
Interior Features
Breakfast Bar, High Speed Internet, No Interior Steps, Open Floorplan, Pantry, Primary Bedroom on Main, Smoke Detector(s), Blinds, Window Treatments
General Info
Beds
1 Total / 1 Main Level
Full / Half Baths
1 / 0
Prop Type
Residential
Property Type
Condominium
Stories
1
Year Built
1971 / Resale
Square Feet
388 / Public Records
Garage Desc
Assigned
Foundation
Slab
Roof
Composition
Construction
Frame, Stone
Acres
0.02
Lot Description
Back Yard, Landscaped, Trees-Large (Over 40 Ft), Trees-Moderate
Restrictions
Deed Restrictions
Flood Plain
See Remarks, Yes-500 yr
View
City, Lake, River
Water Access
Yes
Waterfront
Yes
Area
6
Utility Info
Water
Public
Sewer
Public Sewer
Utilities
Cable Available, Electricity Connected, Internet-Fiber, Sewer Connected, Water Connected
Heat
Central, Electric
A C
Central Air
Exterior Features
Fence
Wrought Iron
Exterior Features
Uncovered Courtyard, Covered, Patio, Rear Porch
Pool On Property
Yes
Area Amenities
Gated, Lake, Pool

Price history

Days on market
−$5,900 (−2.7%)
$214,900 → $209,000
1
Price reduction
Active
Since Aug 29, 2026
Price trend
List priceAug 2026 → Oct 2026
Property history2 events
DateEventPriceChange
Oct 7, 2026Price Decrease$209,000−$5,900 (−2.7%)
Aug 29, 2026New Listing

Taxes

2026 Estimated Property Taxes

TCAD account 187900

Uses rates from the supplied 2026 TCAD package. The file does not identify adopted or proposed status.

2026 taxing entities, rates per $100, taxable values and estimated taxes
Taxing EntityRate per $100Taxable ValueEstimated Tax
AUSTIN COMM COLL DIST0.103400$132,000$136.49
AUSTIN ISD0.925200$132,000$1,221.26
CITY OF AUSTIN0.524017$132,000$691.70
TRAVIS COUNTY0.375845$132,000$496.12
TRAVIS COUNTY HEALTHCARE DISTRICT0.118023$132,000$155.79
Ordinary property tax estimate2.046485$2,701.36

Informational estimate, not a tax bill or taxes paid. Exemptions and tax ceilings can make taxes differ from the combined rate multiplied by one taxable value. PID assessments and other special charges are excluded; collector coverage has not been established.

Source: Travis County

General Information
Owner
MICHAEL MICHELLE
Legal
UNT 119 BLD D RIVERWALK CONDOMINIUMS AMENDED PLUS .371% INTEREST IN COMMON AREA
Geo ID
prop:187900
Acreage
0.02
Exemptions
Exemption Type
None on record
Tax Summary
MLS estimated annual taxes
$3,542
MLS tax year
2026
Historical Tax Summary

Annual taxes billed are the Tax Imposed amounts reported in the latest available Travis Tax Office statement. Exemptions and tax ceilings may prevent combined rate × taxable value from equaling the billed amount. Other collectors or assessments may not be included.

YearAppraised ValueCombined Rate per $100Annual Taxes Billed
2025$198,4992.046485$4,062.25
2024—1.981814$3,785.23
2023—1.809247$4,403.48
2022—1.974923$3,815.15
2021—2.176679$3,538.84
2020—2.226665$2,812.02

Source: Travis County

Combined rates exclude PID placeholder rates. Historical amounts reflect the statement’s snapshot and may change after later corrections; they do not describe payment status. Appraisal values come from the legacy CAD source.

Source: Travis County

Schools

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

Maps

Financing

Your preferences

  • 20% down
  • Conv/Jumbo
  • 30 years
  • 6.50% rate

Saved on this device

List price $209,000
Down payment
Stays 20% if you change the price
Note rate, not APR
From this listing’s tax record
*Estimated only (1% of price / yr)

Estimated monthly payment

$1,526 / mo

20% down · 6.50% interest · 30-year fixed

Estimated monthly payment $1,526

Principal & interest
$1,057
Property taxes
$295
Homeowners insurance
$174

*PITI only

These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal vs interest
1$167,200$1,869$10,813$165,331
2$165,331$1,994$10,688$163,337
3$163,337$2,128$10,554$161,210
4$161,210$2,270$10,412$158,940
5$158,940$2,422$10,260$156,518
6$156,518$2,584$10,098$153,933
7$153,933$2,757$9,924$151,176
8$151,176$2,942$9,740$148,234
9$148,234$3,139$9,543$145,095
10$145,095$3,349$9,333$141,746
  • Year 1$165,331
    Principal paid
    $1,869
    Interest paid
    $10,813
    Starting balance
    $167,200
  • Year 2$163,337
    Principal paid
    $1,994
    Interest paid
    $10,688
    Starting balance
    $165,331
  • Year 3$161,210
    Principal paid
    $2,128
    Interest paid
    $10,554
    Starting balance
    $163,337
  • Year 4$158,940
    Principal paid
    $2,270
    Interest paid
    $10,412
    Starting balance
    $161,210
  • Year 5$156,518
    Principal paid
    $2,422
    Interest paid
    $10,260
    Starting balance
    $158,940
  • Year 6$153,933
    Principal paid
    $2,584
    Interest paid
    $10,098
    Starting balance
    $156,518
  • Year 7$151,176
    Principal paid
    $2,757
    Interest paid
    $9,924
    Starting balance
    $153,933
  • Year 8$148,234
    Principal paid
    $2,942
    Interest paid
    $9,740
    Starting balance
    $151,176
  • Year 9$145,095
    Principal paid
    $3,139
    Interest paid
    $9,543
    Starting balance
    $148,234
  • Year 10$141,746
    Principal paid
    $3,349
    Interest paid
    $9,333
    Starting balance
    $145,095
First 10 of 30 years

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Courtesy of RE/MAX Fine Properties · (512) 764-3667

Listings courtesy of ACTRIS as distributed by MLS GRID.