500 E Riverside Dr Unit 255 Austin, TX 78704
SoCo NeighborhoodEstimated payment $3,153/month
Total Views
2,196
2
Beds
1
Bath
812
Sq Ft
$474
Price per Sq Ft
Highlights
- Lake Front
- Gated Community
- Wood Flooring
- In Ground Pool
- Community Lake
- Breakfast Bar
About This Home
Situated just steps from Lady Bird Lake and just minutes from all that Downtown Austin and SOCO offer, this well-appointed 2 bedroom, 1 bath condo offers unbeatable access to Austin’s beloved Ann and Roy Butler hike-and-bike trails that include 10 miles of trails perfect for biking, running, walking, and playing as well as water access to the lake via private boat dock, perfect for SUP and other water activities! This property is a short walk to vibrant cultural hotspots such as shopping and dining on South Congress, the infamous Zilker Park which hosts events such as ACL, the trail of lights, the kite festival, and more! This property is also steps away from a planned future light rail which will connect various of the city including north, south, and east Austin.—making it both a tranquil retreat and commuter's dream! Enjoy gated community living for extra security along with top-tier amenities: two sparkling pools (one with lake views), lakeside picnic areas, an on-site dog park, and seamless Google Fiber connectivity. Commuters will love the convenience of bus routes 486 and 483 at your doorstep. Lovingly maintained, the unit features wood floors throughout, an updated kitchen including countertops, cabinets, and stainless appliances, a private balcony off both bedrooms, perfect for peaceful morning coffee overlooking a quiet, tree-shaded courtyard. You'll find custom Elfa shelving in the spacious walk-in closet in the primary bedroom, two assigned parking spaces (one covered), and peace of mind with a new AC compressor and electrical upgrade completed less than a year ago. This property has delivered consistent rental income for nearly two decades, attracting professionals and grad students alike. Rental history is available upon request. Whether you're looking to live in the heart of it all or make a strategic investment, this East Riverside gem checks every box.
Listing Agent
Compass RE Texas, LLC Brokerage Phone: (512) 575-3644 License #0575290 Listed on: 05/13/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $8,120
Year Built
- Built in 1971
Lot Details
- Lake Front
- East Facing Home
HOA Fees
- $339 Monthly HOA Fees
Home Design
- Brick Exterior Construction
- Slab Foundation
Interior Spaces
- 812 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Blinds
- Wood Flooring
Kitchen
- Breakfast Bar
- Electric Range
- Dishwasher
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Parking
- 2 Parking Spaces
- Carport
- Assigned Parking
Schools
- Travis Hts Elementary School
- Lively Middle School
- Travis High School
Additional Features
- No Interior Steps
- In Ground Pool
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 02010302070124
Community Details
Overview
- Riverwalk Condominiums Amended Subdivision
- Community Lake
Recreation
- Community Pool
- Trails
Security
- Gated Community
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $8,120 | $523,494 | $366,975 | $156,519 |
| 2022 | $8,511 | $430,932 | $146,790 | $284,142 |
| 2021 | $7,400 | $339,989 | $146,790 | $193,199 |
| 2020 | $6,596 | $307,525 | $146,790 | $160,735 |
| 2018 | $7,177 | $324,153 | $146,790 | $177,363 |
| 2017 | $6,019 | $269,900 | $91,744 | $178,156 |
| 2016 | $6,029 | $270,357 | $91,744 | $178,613 |
| 2015 | $4,208 | $237,282 | $91,744 | $145,538 |
| 2014 | $4,208 | $176,811 | $81,550 | $95,261 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/13/2025 06/13/25 | Price Changed | $385,000 | -4.9% | $474 / Sq Ft |
| 05/13/2025 05/13/25 | For Sale | $405,000 | 0.0% | $499 / Sq Ft |
| 04/26/2022 04/26/22 | Rented | $1,775 | 0.0% | -- |
| 04/26/2022 04/26/22 | Under Contract | -- | -- | -- |
| 04/19/2022 04/19/22 | For Rent | $1,775 | +27.2% | -- |
| 11/25/2020 11/25/20 | Rented | $1,395 | -12.5% | -- |
| 11/18/2020 11/18/20 | Under Contract | -- | -- | -- |
| 10/29/2020 10/29/20 | Price Changed | $1,595 | -6.2% | $2 / Sq Ft |
| 10/02/2020 10/02/20 | Price Changed | $1,700 | -5.6% | $2 / Sq Ft |
| 09/28/2020 09/28/20 | For Rent | $1,800 | +33.3% | -- |
| 02/24/2014 02/24/14 | Rented | $1,350 | 0.0% | -- |
| 02/21/2014 02/21/14 | Under Contract | -- | -- | -- |
| 02/07/2014 02/07/14 | For Rent | $1,350 | -- | -- |
Source: Unlock MLS (Austin Board of REALTORS®)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Vendors Lien | -- | Commonwealth Land Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $57,000 | FHA |
Source: Public Records
Similar Homes in Austin, TX
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 6926841
APN: 187979
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