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Call agent for more info on the available 4.99% interest rate! Rare opportunity to live on the water in the heart of 78704. This move-in-ready 1 bed, 1 bath condo (564 sq ft) offers breathtaking downtown skyline views and private waterfront access on the south shore of Lady Bird Lake, all within a short walk to SoCo, Downtown, Barton Springs, Zilker Park, and Auditorium Shores. The unit makes the most of its compact footprint with smart, efficient living space. Granite countertops and marble floors elevate the remodeled design. It includes energy efficient windows and a NEW HVAC system with a 10 year warranty in addition to private in-unit laundry. A private assigned parking spot is included. HOA dues cover water, sewer, trash, recycling, structure insurance, and common-area maintenance, offering low-hassle ownership. Recent community improvements include a new roof, updated gate system and security cameras, fresh exterior paint, and updated exterior lighting. The gated Riverwalk Condominiums community offers resort-style amenities: two pools, secure gated entrances, private landscaped grounds, lounge areas, and a community dock with canoe, kayak, and SUP storage. Step outside the gates for direct access to the Lady Bird Lake trail, perfect for walking, running, or biking along the water. Call for seller financing details! Recent inspection report available upon request.

Highlights

  • Residential
  • Condominium
  • Built in 1971
  • 0.0261 Acre Lot
  • $256/mo HOA
  • Waterfront
  • 67 days on Market

  • Bedrooms
    1
  • Bathrooms
    1
  • Year Built
    1971
  • Architectural Style
    1st Floor Entry
  • Construction Materials
    See Remarks
  • Foundation
    Slab
  • Parking Features
    Private
  • Living Area
    564.0
  • Interior Features
    See Remarks
  • Flooring
    Tile
  • Patio And Porch
    See Remarks
  • Pool Features
    None
  • Security Features
    See Remarks
  • Cooling
    Central Air
  • Heating
    Central

  • Acres
    0.0261
  • Lot Features
    Waterfront, See Remarks
  • Water Front Features
    Waterfront
  • Water Front
    Yes
  • View
    Lake, Water, Downtown
  • Utilities
    Electricity Connected, Water Connected
  • Water
    Public

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

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Frequently Asked Questions

How do I schedule a tour of 500 E Riverside Dr #114?

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 #114.

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 #114?

Click Ask a Question to talk with our team. You already know it is a 1 bed, 1 bath, listed for $285,000. 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 much is the monthly mortgage payment for 500 E Riverside Dr #114?

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 #114 at around $2,038. 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 #114?

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 #114?

In most cases, yes. Whether 500 E Riverside Dr #114 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 #114?

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 $285,000 with 564 sqft of space—that comes out to approximately $505 per square foot.

How long has this property been on the market?

500 E Riverside Dr #114 was listed on September 03, 2026, which means it's been on the market for 67 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 #114 sits on a 0.03-acre lot, which is 1,307 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: Travis
  • 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 #114?

The most recent public record shows annual property taxes for 500 E Riverside Dr #114 were approximately $4,994. 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 $256 paid monthly.

Is 500 E Riverside Dr #114 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 09, 2026 at 07:11AM. 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.