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Days53Days on Market
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$315,000

500 E Riverside DR 169, Austin, TX, 78704

On MarketInfo
Baths1 Bath
Baths386 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$816.06 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bathrooms 1Bathrooms 1
AppliancesCooktop, Electric Cooktop, Freezer, Induction Cooktop, Refrigerator
FlooringTile, Vinyl, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBarbecue, Uncovered Courtyard
Lot Size802 sqft

Building Information

Year Built1971
Stories1
Roof Type105

Land Information

APN02010302070146
Lot Number251
SubdivisionRiverwalk Condominiums Amended
Land UseCondominiums
Legal DescriptionUNT 169 BLD N RIVERWALK CONDOMINIUMS AMENDED PLUS .371% INTEREST IN COMMON AREA
Census Tract001401
Assessed Land Value$180,450
Assessed Improvement Value$9,550
Assessment Year2025

About this property

This fully renovated studio with a bathroom (approx. 400 sq ft) delivers the rare mix of lakeside calm and true walkable urban living. Taken down to the studs in 2023, the home features clean, modern finishes, updated fixtures, and a bright, efficient layout that lives larger than its size. Located just off the Town Lake Hike & Bike Trail, this gated condo community is perfectly positioned to experience the Austin lifestyle daily, morning paddleboarding, evening runs, and access to everything that makes Austin...Austin! Walk to Barton Springs Pool, Zilker Park, South Congress, and the 2nd Street District. Coffee, concerts, festivals, and downtown nightlife are all within minutes. Recent community improvements include a new roof, updated gated entry with security cameras, fresh exterior paint, and new exterior lighting. The unit also includes an assigned parking space. If you want the energy of downtown without giving up green space, this is about as Austin as it gets: a lake, a trail, music, and food all right outside your front door.

Investor Tools

Property Icon
$273,000
Estimated Property Value
$0Estimated Mortgage Balance
$273,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,890 /month
Positive
Cash Flow Estimate:
$630 /month

Interested in this property?

Wendi Anderson

Compass RE Texas, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$453/month
$184/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,068
$190,000
2025
$180,450
$9,550
$190,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,068
$190,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$273,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Austin

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Explore

Austin

Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.

From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.4%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$555,300

Unemployment Rate

Unemployment Rate

3.20%

Price Trend

Price Trend

~0.4% YoY growth

New Permits

New Permits

2,269 units

City: Austin

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