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$599,000 Just Listed
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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!
Full Property Details
Full Property Details for 500 E Riverside Dr #242
General
- Price: $599,000
- HOA FEE: $661/month
- Taxes: (2025)
- Status: Active
- Type: Condo
- Source: Austin_MLS
- MLS ID: 7440009
- Updated: 7/21/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Granite Counters, Interior Steps
- Appliances: Dishwasher, Refrigerator
- Flooring: Laminate, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main: 3
Other Rooms
- Laundry: In Kitchen
Additional Information
- Shared Amenities: Barbecue, Common Grounds/Area, Courtyard, Gated, Pool
- Shared Pool: Yes
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground, Community
- Security/Safety: Security Fence
Exterior
- Exterior Features: Balcony, Uncovered Courtyard
- Porch/Patio/Deck: Terrace, Balcony
Parking
- Total Spaces: 2
- Parking Features: Additional Parking, Covered
Location
- Area: 6
- County: Travis
- Subdivision: Riverwalk Condo Amd
- Driving Directions: When coming from Mopac exit Cesar Chavez to South 1st, turn right to South 1st, then take a left on Riverside, entrance on the left. From I-35 exit Riverside, go about .025 miles down. Park in the guest park. Text agent for gate code to get in.
- Direction Faces: South
School Information
- Elem School District: Austin ISD
- Midd School District: Austin ISD
- High School District: Austin ISD
- Elementary School: Travis Hts
- Middle School: Lively
- High School: Travis
Community
- Gated community: Yes
- Association: Yes
- Assoc. Name: The Riverwalk Condominium Owners Association Inc.
- Assoc. Fees Include: Maintenance Grounds, Maintenance Structure, Parking
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available
Structural Information
- Detached/Attached: Detached
- Construction: HardiPlank Type, Stone Veneer
- Roof: Composition
- Windows: Drapes, Screens
- Stories/Levels: 2
- Square Feet: 1,465
- Sq. Ft. Source: Public Records
- Living Area: 1,465 Sq. Ft.
- Year Built: 1971
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.068
- Lot Size (Sq. Ft.): 2,962.08
- Fence: Yes
- Lot Features: None
- Fencing (Description): Electric, Gate
Water Features
- Water Front: Yes
- Water Front Name: Colorado River
- Water Front Desc.: Waterfront
Financial Considerations
- Association Fee: $661
- Assoc Fee Freq.: Monthly
- Assessment Amount: $594,797
- Tax Year: 2025
- Terms: Cash, Conventional, 1031 Exchange, FHA
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: HOA Documents
- Legal Description: UNT 242 BLD H RIVERWALK CONDOMINIUMS AMENDED PLUS 1.372% INTEREST IN COMMON AREA
- Disclosures/Reports: Lead Based Paint Disclosure
- Property ID: 2010302070095
- Block: H
- Lot Number: 242
Listed by CB&A, Realtors
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Price & Sales History for 500 E Riverside Dr #242
Date
Details
Price
Change
Source
7/20/2026
Listed
$599,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 500 E Riverside Dr #242
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,771
5%
$600,805
5%
2024
$9,297
-31%
$570,975
100%
2022
$13,544
60%
-100%
2021
$8,467
-5%
$442,478
10%
2020
$8,957
4%
$402,253
—
2020
$8,628
-1%
$402,253
1%
2018
$8,707
11%
$396,378
10%
2016
$7,865
-9%
$360,344
2%
2017
$8,652
18%
$352,681
10%
2015
$7,362
7%
$320,619
10%
2013
$6,906
—
$291,472
4%
2013
$6,906
—
$280,368
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 500 E Riverside Dr #242
500 E Riverside Drive #242, Austin, TX 78704 (MLS# 7440009) is a Condo property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 500 E Riverside Drive #242 is currently listed for $599,000 and was received on July 20, 2026. Want to learn more about 500 E Riverside Drive #242? Do you have questions about finding other Condo real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.

