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Imagine owning this Gem right on Lady Bird Lake!!! 78704 condo + Travis Heights + Lady Bird Lake + New Price Now $209,000 RARE 78704 OPPORTUNITY! First Floor 388 SF efficiency condo just steps from Lady Bird Lake and the hike-and-bike trail. The covered patio spans the entire length of the unit, positioned directly across from newly renovated community pool. This move-in-ready unit makes the most of its compact footprint with wood-look tile flooring throughout, a spacious walk-in closet, New Designer Tile in the kitchen, fresh interior paint, new bathroom vanity and stylish dining light fixture. Recent improvements include HVAC (2024), stove and water heater (2025). Refrigerator and microwave convey. Enjoy a low-maintenance lifestyle with two community pools, a private boat dock on lady bird lake and an HOA fee of just $179/month, which includes water, sewer, trash, recycling, structure insurance and common-area maintenance. Recent community improvements include a new roof, updated gate system and security cameras, fresh exterior paint and exterior lighting. The location is the showstopper! Lady Bird Lake is just steps away, offering easy access to kayaking, paddleboarding and the hike-and-bike trail. Downtown Austin, shopping, dining, nightlife and entertainment are all minutes away. Perfect as an Austin home base, lock-and-leave property, pied-a-terre or investment opportunity. Own in one of Austin's most iconic locations—Travis Heights/78704—for just $209,000. Don't miss this rare opportunity!

Highlights

  • Residential
  • Condominium
  • Built in 1971
  • 0.0184 Acre Lot
  • $179/mo HOA
  • Waterfront
  • 73 days on Market

  • Bedrooms
    1
  • Bathrooms
    1
  • Year Built
    1971
  • Architectural Style
    1st Floor Entry
  • Construction Materials
    Frame, Stone
  • Foundation
    Slab
  • Parking Features
    Assigned
  • Living Area
    388.0
  • Interior Features
    High Speed Internet, Pantry, Master Downstairs, Breakfast Bar, Open Floorplan
  • Appliances
    Electric Range, Electric Water Heater, Microwave, Refrigerator, Disposal, Electric Oven
  • Flooring
    Tile
  • Exterior Features
    Uncovered Courtyard
  • Patio And Porch
    Covered, Patio, Rear Porch
  • Pool Features
    In Ground, Private
  • Security Features
    Smoke Detector(s)
  • Cooling
    Central Air
  • Heating
    Electric, Central

  • Acres
    0.0184
  • Lot Features
    Waterfront, Landscaped, Back Yard
  • Water Front Features
    Lake Front
  • Water Front
    Yes
  • View
    Lake, City, River
  • Utilities
    Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Water
    Public

  • Area
    6
  • County
    Travis
  • City
    Austin
  • Neighborhood
    Riverwalk Condominiums
  • Zip Code
    78704
  • High School
    Travis
  • Middle School
    Lively
  • Elementary School
    Travis Hts

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Frequently Asked Questions

How do I schedule a tour of 500 E Riverside Dr #119?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 500 E Riverside Dr #119.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 500 E Riverside Dr #119?

Click Ask a Question to talk with our team. You already know it is a 1 bed, 1 bath, listed for $209,000. We can talk through recent upgrades, potential seller motivation, how this condominium compares to others in Austin, and can even get you in to see the property quickly.

How do I get a virtual tour of 500 E Riverside Dr #119?

Yes! A virtual tour is available for 500 E Riverside Dr #119. Click here to view the full walkthrough and explore every room at your own pace. If you would like a guided virtual showing or have questions along the way, we can connect you with our local expert to walk you through it live.

How much is the monthly mortgage payment for 500 E Riverside Dr #119?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 500 E Riverside Dr #119 at around $1,485. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 500 E Riverside Dr #119?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Travis County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 500 E Riverside Dr #119?

In most cases, yes. Whether 500 E Riverside Dr #119 is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Austin's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 500 E Riverside Dr #119?

We can handle that for you. Our preferred local agent specializes in residentials in Austin and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $209,000 with 388 sqft of space—that comes out to approximately $539 per square foot.

How long has this property been on the market?

500 E Riverside Dr #119 was listed on August 29, 2026, which means it's been on the market for 73 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1971, making it approximately 55 years old.

What is the lot size of this property?

500 E Riverside Dr #119 sits on a 0.02-acre lot, which is 871 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: Travis Hts
  • Middle: Lively
  • High: Travis

Want to see how these schools compare? Check out our Travis County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for 500 E Riverside Dr #119?

The most recent public record shows annual property taxes for 500 E Riverside Dr #119 were approximately $3,542. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is there an HOA fee for this property, and what does it cover?

This home has an HOA fee of $179 paid monthly.

This covers access to community features including: Pool, Gated, Trail(s).

Is 500 E Riverside Dr #119 still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Based on information submitted to the MLS GRID as of November 10, 2026 at 10:37PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.