NOT LISTED FOR SALE

500 E Riverside Dr Unit 261 Austin, TX 78704

SoCo Neighborhood

Estimated Value: $607,000 - $622,708

3 Beds
2.5 Baths
1,463 Sq Ft
$445/mo HOA Fee

Last Sold April 26, 2023

Current estimated payment $4,016/month

20 Days on Market

Highlights

  • Lake Front
  • In Ground Pool
  • Property is near public transit
  • Boat Dock
  • Gated Community
  • Corian Countertops

About This Home

As of April 2023

Spacious, poolside 3 bedroom, 2.5 bath condo with waterfront and city skyline views on the south shore of Lady Bird Lake. This 1463 sq. ft. unit also includes private assigned parking, gated entrances, walk-in closets, washer/dryer connections and 3 patios. Additional amenities include private, landscaped grounds, community dock with canoe, kayak and SUP storage areas. Access to Lady Bird Lake’s 10-mile hike and bike trail is just outside the property gates. Riverwalk Condos are just a short walk to SoCo, Downtown and Auditorium Shores. No Short Term Rentals. Rare opportunity to buy into this location in the complex!

Last Agent to Sell the Property

Michael Taylor

Spencer Properties Brokerage Phone: (512) 577-7220 License #0617143 Listed on: 03/17/2023

Last Buyer's Agent

Non Member

Non Member License #785011

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,955

Year Built

  • Built in 1971

Lot Details

  • Lake Front
  • Northeast Facing Home
  • Perimeter Fence
  • Sprinkler System
  • Many Trees
  • Property is in average condition

HOA Fees

  • $445 Monthly HOA Fees

Property Views

  • Lake
  • Skyline
  • Park or Greenbelt
  • Pool

Home Design

  • Slab Foundation
  • Asphalt Roof
  • Stone Siding
  • HardiePlank Type

Interior Spaces

  • 1,463 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Solar Screens
  • Window Screens
  • Washer and Electric Dryer Hookup

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Microwave
  • Corian Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Home Security

Parking

  • 2 Parking Spaces
  • Covered Parking
  • Lighted Parking
  • Electric Gate
  • Assigned Parking

Pool

  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Balcony
  • Covered patio or porch

Location

  • Property is near public transit

Schools

  • Travis Hts Elementary School
  • Lively Middle School
  • Travis High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Natural Gas Not Available
  • High Speed Internet
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 02010302070135
  • Tax Block L

Community Details

Overview

  • Association fees include common area maintenance, landscaping, ground maintenance, maintenance structure, parking, pest control, sewer
  • Riverwalk Condominiums Owners Association
  • Riverwalk Condo Amd Subdivision

Amenities

  • Community Barbecue Grill

Recreation

  • Boat Dock

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,955

Year Built

Built in 1971

Lot Details

0

HOA Fees

$445 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1971
  • Additional Parcels: No
  • Direction Faces: Northeast
  • Directions: From I-35 head west towards Congress past Cidercade and the small office building and look for the stone wall on your right along Riverside. Riverwalk's entrance is in the middle of the property. Gate with keypad is immediately to your left. Once inside you will take the first two right turns so you are heading back east. #261 is in Building L on your left at the far (east) end of the property. One of the parking spaces for this unit is 471 next to the stairwell.
  • Disclosures: Seller Disclosure
  • Fencing: Perimeter
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Levels: Two
  • Living Area: 1463
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Attribution Contact: (512) 577-7220
  • Attribution Contact: (512) 577-7220
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 9954.62
  • FEMA Flood Plain: Yes-100 yr,Yes-500 yr
  • Restrictions: Limited # Vehicles
  • Tax Exemptions: Homestead,Over 65
  • Unit Style: 2nd Floor Entry,Low Rise (1-3 Stories)
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Corian Counters, Electric Dryer Hookup, High Speed Internet, Walk-In Closet(s), Washer Hookup
  • View: Lake, Park/Greenbelt, Pool, Skyline
  • Flooring: Carpet, Tile
  • Accessibility Features: None
  • Appliances: Electric Range, Microwave, Electric Oven
  • Property Condition: Resale, Fair
  • Security Features: Smoke Detector(s)
  • Window Features: Screens, Solar Screens
  • ResoLivingAreaSource: PublicRecords
  • Laundry Location: In Unit
  • Num Dining: 1
  • Num Living: 1
  • Num Other Level Beds: 3

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms: 3

Exterior Features

  • Exterior Features: Balcony, Boat Dock - Shared, Restricted Access
  • Roof: Asphalt
  • Foundation: Slab
  • Patio And Porch Features: Covered
  • Pool Features: Fenced, In Ground
  • Private Pool: Yes
  • Water Body Name: Lady Bird Lake
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Assigned, Covered, Electric Gate, Lighted
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, High Speed Internet, Other, Natural Gas Not Available, Phone Available, Sewer Connected, Underground Utilities, Water Connected
  • Heating: Central, Electric
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air, Electric

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Landscaping, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Sewer
  • Association Fee Frequency: Monthly
  • Association Fee: 445

Association/Amenities

  • Association Name: Riverwalk Condominiums Owners Association
  • Association: Yes
  • Community Features: BBQ Pit/Grill, Gated, Google Fiber

Schools

  • Elementary School: Travis Hts
  • High School: Travis
  • Middle/Junior School: Lively
  • Junior High Dist: Austin ISD

Lot Info

  • Lot Features: Near Public Transit, Sprinkler - In-ground, Many Trees, Views
  • Parcel Number: 02010302070135
  • Lot Size Acres: 0.068
  • Lot Size Sq Ft: 2962.08
  • Subdivision Name: Riverwalk Condo Amd
  • Special Assessment: No

Building Info

  • Construction Materials: HardiPlank Type, Stone
  • New Construction: No

Tax Info

  • Tax Block: L
  • Tax Year: 2022
  • Tax Annual Amount: 9954.62
  • Tax Map Number: 261
  • Tax Filled Sqft Total: 1463
  • Tax Rate: 1.97000000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2023
Closed on
Apr 24, 2023
Sold by
North Linda
Bought by
Kabade Prashant
Seller's Agent
Michael Taylor
Spencer Properties
Buyer's Agent
Non Member
Non Member
List Price
$600,000
Sold Price
$593,000
Premium/Discount to List
-$7,000
-1.17%
Total Days on Market
20
Views
40
Current Estimated Value
$614,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,854
Avg. Annual Appreciation
1.74%
Original Mortgage
$415,100
Outstanding Balance
$380,136
Interest Rate
5.9%
Mortgage Type
New Conventional
Estimated Equity
$234,718

Purchase Details

Closed on
May 13, 1998
Sold by
Roberts Beverly Ann
Bought by
North Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,800
Interest Rate
7.22%

Purchase Details

Closed on
Oct 17, 1995
Sold by
Shillingburg Jim and M Sally Shillingburg F
Bought by
Roberts Beverly Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,975
Interest Rate
7.6%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kabade Prashant -- None Listed On Document
North Linda -- Commerce Land Title Inc
Roberts Beverly Ann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kabade Prashant $415,100
Previous Owner North Linda $84,800
Previous Owner Roberts Beverly Ann $59,975
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2023 04/26/23 Sold -- -- --
04/06/2023 04/06/23 Pending -- -- --
04/04/2023 04/04/23 For Sale $600,000 0.0% $410 / Sq Ft
03/29/2023 03/29/23 Pending -- -- --
03/17/2023 03/17/23 For Sale $600,000 -- $410 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Tax History Compared to Growth

Source: Public Records

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 $3,698 $554,456 $0 $0
2022 $9,955 $504,051 $0 $0
2021 $9,974 $458,228 $0 $0
2020 $8,935 $416,571 $160,056 $256,515
2018 $9,732 $439,551 $266,760 $283,051
2017 $8,911 $399,592 $133,380 $284,318
2016 $8,101 $363,265 $133,380 $285,047
2015 $3,586 $330,241 $133,380 $232,251
2014 $3,586 $300,219 $148,200 $152,019
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 3533443

Unlock MLS (Austin Board of REALTORS®)

APN: 187990