Betty Epperson of Epperson Realty Group - 512-630-7290

MLS: 6926841     $405,000
2 Bedrooms with 1 Bath

MLS: 6926841 Condo For Sale
500 RIVERSIDE DR E 255
AUSTIN TX 78704

MLS:  6926841
Status:  ACTIVE
List Price:  $405,000
Price per SQFT:  $499
Square Footage:  812

2 Bedrooms
1 Bath
Year Built:  1971
Zip Code:  78704

 

Listing Remarks

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!

Address: 500 RIVERSIDE DR E 255 AUSTIN TX 78704

Listing Courtesy of COMPASS RE TEXAS, LLC

Community: RIVERWALK ... Listing 3 of 4
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Condo Mania Agent

Featured Real Estate Agent Betty Epperson

Betty Epperson

Epperson Realty Group
Broker/Owner
TREC # 474240
Phone: 512-630-7290

Contact Betty Epperson

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Listing Photos

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Listing Details

STATUS:Active
SPECIAL LISTING CONDITIONS:Standard
LISTING CONTRACT DATE:2025-05-13
BEDROOMS:2
BATHROOMS FULL:1
BATHROOMS HALF:0
LIVING AREA SQ FT:812
YEAR BUILT:1971
HOA FEES FREQUENCY:Monthly
HOA FEES:$339
APPLIANCES INCLUDED:Dryer, Dishwasher, ElectricRange, Refrigerator, Washer
CONSTRUCTION:BrickVeneer
COMMUNITY FEATURES:Gated, Lake, Pool, TrailsPaths
EXTERIOR FEATURES:SeeRemarks
FIREPLACE:None
FLOORING:SeeRemarks, Wood
HEATING:Central, Electric
INTERIOR FEATURES:BreakfastBar, MainLevelPrimary, NoInteriorSteps, SeeRemarks
LAUNDRY FEATURES:CommonArea, MultipleLocations
LEGAL DESCRIPTION:Unt 255 Bld K Riverwalk CondominiumsAmendedPlus . 755% Interest InCommon Area
LOT FEATURES:None
# GARAGE SPACES:0
PARKING FEATURES:Assigned, Carport, SeeRemarks
PROPERTY TYPE:Residential
PROPERTY SUB TYPE:Condominium
ROOF:SeeRemarks
POOL FEATURES:InGround, Community
SPA FEATURES:None
DIRECTION FACES:East
LISTING AGENT:TANYA ALVAREZ
LISTING OFFICE:COMPASS RE TEXAS, LLC
LISTING CONTACT:(512) 575-3644

Estimated Monthly Payments

List Price:$405,000
20% Down Payment:$81,000
Loan Amount:$324,000
Loan Type:30 Year Fixed
Interest Rate:6.5 %
Monthly Payment:$2,048

Estimate does not include taxes, fees, insurance.

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Property Location: 500 RIVERSIDE DR E 255 AUSTIN TX 78704


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Condo Mania Agent

Featured Real Estate Agent Betty Epperson

Betty Epperson

Epperson Realty Group
Broker/Owner
TREC # 474240
Phone: 512-630-7290

Contact Betty Epperson

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Last Updated: 2025-05-31