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Owner Contacts

$303,325

NAL Estimated Property Value

500 E Riverside Dr Apt 216, Austin, TX, 78704

Off Market

1 Beds

1 Bath

579 Sq Ft

Condos / Townhouses

$448.88 / sqft

Built in 1971

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

AppliancesDishwasher, Disposal, Free-Standing Range, Refrigerator

FlooringLaminate, Tile, Vinyl

Exterior

Private Pool

Lot Size1,137 sqft

Building Information

Year Built1971

Stories1

Roof Type105

Land Information

APN02010302070042

Lot Number215

SubdivisionRiverwalk Condominiums Amended

Land UseCondominiums

Legal DescriptionUNT 216 BLD C RIVERWALK CONDOMINIUMS AMENDED PLUS .526% INTEREST IN COMMON AREA

Census Tract001401

Assessed Land Value$255,600

Assessed Improvement Value$47,725

Assessment Year2025

About this property

Steps from Lady Bird Lake & the Heart of Downtown This 1 bed, 1 bath condo (579 sq ft) offers the perfect blend of lakeside tranquility and vibrant city living. Just steps from the Town Lake Hike & Bike Trail, you're perfectly positioned to enjoy everything that makes Austin iconic—from sunrise paddleboarding to sunset tacos. Walk to Barton Springs, Zilker Park, South Congress, or the 2nd Street District. Whether you're heading out for a concert, a festival, or just a coffee run, you're never far from the action. Recent community upgrades include: New roof, Updated gate system & security cameras, Fresh exterior paint, New light sconces (front & back of unit) Assigned parking spot #365 included. Live where the best of Austin comes together—nature, music, food, and energy—just outside your door.

Investor Tools

$303,325

Estimated Property Value

$0Estimated Mortgage Balance

$303,325Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,820 /month

Positive

Cash Flow Estimate:

$607 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$575/month

$239/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,387

$303,325

2025

$255,600

$47,725

$303,325

Tax History

Year

Tax Paid

Assessed Value

2024

$5,387

$303,325

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$303,325

100%

$0/mo

Learn About the Market: Opportunity in Austin

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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.

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