$139,900

Property Overview

This 535-square-foot East Riverside condo offers rare affordability in one of Austin, TX's most dynamic neighborhoods. Priced at $139,900—seven percent below area median—the unit delivers immediate value for both owner-occupants and investors. Recently upgraded throughout, the space maximizes efficiency with smart finishes and flows naturally to accommodate modern living or leasing strategies. Lady Bird Lake access and proximity to the neighborhood's expanding transit infrastructure position this property at the intersection of East Riverside's rapid transformation and accessible urban living.

The current tenant lease running through May 2026 at $1,100 monthly creates immediate income potential, making this an attractive option for those seeking cash flow with minimal vacancy risk. Situated in a building offering some of the most competitively priced inventory in the area, this condo combines affordability with location—a formula increasingly rare as East Riverside continues its evolution. The past years of owner-initiated upgrades demonstrate solid stewardship and maintain condition for whatever path forward the new owner chooses.

Vox Residential Insight

This sub-$280 per-square-foot condo in East Riverside hits a sweet spot that Vox Residential sees moving quickly in this market—investment-grade pricing in a neighborhood where fundamentals are strengthening rapidly. At $139,900 with an in-place tenant and manageable numbers, this property appeals across buyer profiles during a time when East Riverside's accessibility and growth trajectory are drawing serious attention.

Agent Description

At 535 square feet, this is the lowest priced condo for the size in the building and for the surrounding area. The condo has had recent upgrades over the past few years and has been an excellent rental property for the owner. The condo currently has a tenant on a lease until the end of May 2026 at $1,100 per month. This is an excellent property for those looking for an inexpensive investment property or an affordable place to live themselves. Contact the Gill Cave Group to schedule a viewing.

Neighborhood: East Riverside

This property is located in East Riverside, Austin, TX. The area is known for Rapid Transformation, Affordable Urban Living, Lady Bird Lake Access, New Development, Transit Improvements.

At $261/sqft, this listing is priced 12% below the East Riverside median of $298/sqft.

Property Details

Listing data last updated: May 19, 2026

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