$214,900

Property Overview

This updated 388-square-foot condo at 500 E Riverside Drive sits steps from Lady Bird Lake in the heart of Travis Heights, offering one of Austin's most desirable neighborhoods at 24 percent below area median pricing. The ground-floor unit features a thoughtful open layout with wood-look tile flooring, a refreshed kitchen with designer tilework, updated bathroom vanity, and a generous walk-in closet that maximizes storage in this efficient floor plan. Recent upgrades to the HVAC system, appliances, and water heater demonstrate solid maintenance, while the inclusion of refrigerator and microwave add immediate livability.

The location defines this property's appeal. Steps from the Lady Bird Lake hike-and-bike trail, residents enjoy direct access to paddleboarding, kayaking, and outdoor recreation without leaving the immediate area. South Congress Avenue's walkable shops and restaurants sit nearby, and downtown skyline views frame the neighborhood's character. The gated Riverwalk Condominiums community features two pools, recently updated security systems, new roofing, and fresh exterior improvements, all supported by a modest $179 monthly HOA fee covering water, sewer, structure insurance, and common-area maintenance.

Vox Real Estate Insight

Vox Real Estate recognizes this as a rare entry point into the 78704 zip code, particularly for buyers seeking lakeside proximity and walkable urban living without the premium pricing typical of this area. For first-time homebuyers or investors targeting Travis Heights' solid fundamentals, this condo presents meaningful value that won't persist in this market.

Agent Description

Updated 78704 condo + Travis Heights + Lady Bird Lake + $214,900 RARE 78704 OPPORTUNITY! Updated 388 SF efficiency condo just steps from Lady Bird Lake and the hike-and-bike trail. This move-in-ready unit makes the most of its compact footprint with wood-look tile flooring throughout, a spacious walk-in closet, updated kitchen with designer tile, 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 updated 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 $214,900. Don't miss this rare opportunity!

Neighborhood: Travis Heights

This property is located in Travis Heights, Austin, TX. The area is known for South Congress Avenue, Downtown Skyline Views, Historic Bungalows, Walkable Community, Lady Bird Lake.

At $554/sqft, this listing is priced 24% below the Travis Heights median of $726/sqft.

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