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ActiveMLS #7440009

500 E Riverside DR # 242, Austin TX 78704

Austin, TX 78704 · Riverwalk Condo Amd

Condominium for sale in Riverwalk Condo Amd

3Bedrooms
2 full / 1 halfBathrooms
1,465Square Ft
0.07Acres
0Garage
1971Year Built
Price Reduced
1 / 35
$579,000$599,000

Overview

Property Description

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!

Financial Info
Price
$579,000
$ / Sqft
$395
HOA
Yes - Required / $661 / Monthly
HOA Name
The Riverwalk Condominium Owners Association Inc.
HOA Includes
Maintenance Grounds, Maintenance Structure, Parking
Tax Rate
1.981%
Est. Taxes
$9,770.8
Tax Year
2025
Exemptions
None
Legal Info
Address
500 E Riverside DR # 242
County
Travis
City
Austin
State
TX
Zip
78704
Subdivision
Riverwalk Condo Amd
Legal Description
UNT 242 BLD H RIVERWALK CONDOMINIUMS AMENDED PLUS 1.372% INTEREST IN COMMON AREA
Parcel
02010302070095
Interior Features
Floor
Laminate, Tile
Num Living
1
Dining
1
Kitchen
Granite Counters
Appliances
Dishwasher, Refrigerator
Laundry
In Kitchen
Master Main
Yes
Interior Features
Ceiling Fan(s), Granite Counters, Interior Steps, Security Fence, Drapes, Screens
General Info
Beds
3 Total / 3 Main Level
Full / Half Baths
2 / 1
Prop Type
Residential
Property Type
Condominium
Stories
2
Year Built
1971 / Resale
Square Feet
1,465 / Public Records
Garage Desc
Additional Parking, Covered
Foundation
Slab
Roof
Composition
Construction
HardiPlank Type, Stone Veneer
Acres
0.07
Lot Description
None
Restrictions
None
Flood Plain
No
View
None
Water Access
Yes
Waterfront
Yes
Area
6
Utility Info
Water
Public
Sewer
Public Sewer
Utilities
Electricity Available
Heat
Electric
A C
Central Air
Exterior Features
Fence
Electric, Gate
Exterior Features
Balcony, Boat Dock - Shared, Uncovered Courtyard, Terrace
Pool On Property
Yes
Area Amenities
BBQ Pit/Grill, Common Grounds, Courtyard, Gated, Pool

Price history

Members only
Days on market
−$20,000 (−3.3%)
$599,000 → $579,000
1
Price reduction
Active
Since Jul 20, 2026
Price trend
List priceJul 2026Aug 2026
Property history2 events
DateEventPriceChange
Aug 13, 2026Price Decrease$579,000−$20,000 (−3.3%)
Jul 20, 2026New Listing

Taxes

Tax data isn’t available for this property’s county yet.

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 $579,000
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

$4,225 / mo

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

Estimated monthly payment $4,225

Principal & interest
$2,928
Property taxes
$814
Homeowners insurance
$483

*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$463,200$5,177$29,956$458,023
2$458,023$5,524$29,609$452,499
3$452,499$5,894$29,239$446,605
4$446,605$6,289$28,844$440,316
5$440,316$6,710$28,423$433,606
6$433,606$7,159$27,974$426,447
7$426,447$7,639$27,494$418,808
8$418,808$8,150$26,983$410,658
9$410,658$8,696$26,437$401,962
10$401,962$9,279$25,854$392,683
  • Year 1$458,023
    Principal paid
    $5,177
    Interest paid
    $29,956
    Starting balance
    $463,200
  • Year 2$452,499
    Principal paid
    $5,524
    Interest paid
    $29,609
    Starting balance
    $458,023
  • Year 3$446,605
    Principal paid
    $5,894
    Interest paid
    $29,239
    Starting balance
    $452,499
  • Year 4$440,316
    Principal paid
    $6,289
    Interest paid
    $28,844
    Starting balance
    $446,605
  • Year 5$433,606
    Principal paid
    $6,710
    Interest paid
    $28,423
    Starting balance
    $440,316
  • Year 6$426,447
    Principal paid
    $7,159
    Interest paid
    $27,974
    Starting balance
    $433,606
  • Year 7$418,808
    Principal paid
    $7,639
    Interest paid
    $27,494
    Starting balance
    $426,447
  • Year 8$410,658
    Principal paid
    $8,150
    Interest paid
    $26,983
    Starting balance
    $418,808
  • Year 9$401,962
    Principal paid
    $8,696
    Interest paid
    $26,437
    Starting balance
    $410,658
  • Year 10$392,683
    Principal paid
    $9,279
    Interest paid
    $25,854
    Starting balance
    $401,962
First 10 of 30 years

Nearby

Courtesy of CB&A, Realtors · (512) 213-0637

Listings courtesy of ACTRIS as distributed by MLS GRID.