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$400,257

500 E Riverside DR 108, Austin, TX, 78704

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths793 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$629.26 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
AppliancesBuilt-In Electric Oven, Built-In Electric Range, Dishwasher, Disposal, Microwave, Free-Standing Refrigerator, Electric Water Heater, Wine Refrigerator
FlooringTile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size1,629 sqft

Building Information

Year Built1971
Stories1
Roof Type105

Land Information

APN02010302070024
Lot Number154
SubdivisionRiverwalk Condominiums Amended
Land UseCondominiums
Legal DescriptionUNT 108 BLD B RIVERWALK CONDOMINIUMS AMENDED PLUS .755% INTEREST IN COMMON AREA
Census Tract001401
Assessed Land Value$366,975
Assessed Improvement Value$33,282
Assessment Year2025

About this property

Gorgeous condo with Lakefront living right on Lady Bird Lake! This condo is just feet from the water and the hike-and-bike trail. Conveniently located near Zilker park, Downtown, and much more! Fall in love with this first floor lakefront and pool-front condo complete with stunning upgrades. Walk-in and prepare for the breathtaking kitchen, with upgraded appliances, staggering marble countertops, wine fridge, and gourmet vent hood - a chef's dream! This kitchen plus updated flooring throughout, lots of natural light, modern recessed lighting, and built in shelves are just a few things that makes this unit stand out. The pool sits right outside the door and the community has storage for your water equipment, grills for outdoor BBQs, and tons of space! This condo also comes with two assigned parking spots. Come enjoy the lake-life right in the center of Austin!

Investor Tools

Property Icon
$400,257
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,994 /month
Positive
Cash Flow Estimate:
$998 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$665/month
$244/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,976
$400,257
2025
$366,975
$33,282
$400,257
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,976
$400,257

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Legend Lending Corp
Conventional
$490,500
No
First
Apr 7, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$452,950
N/A
0%
113%
$2,941/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,920/mo
$3,185/mo
$-1,265/mo
5.8%

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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