$750,000

Property Overview

This three-story East Riverside condo presents an exceptional opportunity in Austin's rapidly transforming urban landscape. Perched on Summit Street just steps from the Lady Bird Lake Trail and mere minutes from downtown Austin, 1500 Summit offers direct access to the neighborhood's explosive growth while maintaining peaceful proximity to nature. The 2,515-square-foot residence showcases three bedrooms, four full bathrooms, and a half bath across thoughtfully appointed living spaces that have been extensively remodeled. The crowning feature is an expansive private rooftop balcony delivering unobstructed downtown skyline views—a rare luxury for condo living in this price range.

Located in a neighborhood defined by rapid development and transit improvements, this unit sits ideally positioned between the emerging East Austin food scene, walkable access to Rainey Street, and downtown's business core. The move-in-ready interior presents fresh finishes throughout, while the property's flexible financing options make acquisition significantly more accessible than typical condo purchases. At $298 per square foot, pricing aligns with current East Riverside fundamentals, though the rooftop views and comprehensive renovation elevate its appeal considerably. Within walking distance of Lady Bird Lake and roughly ten minutes from both ABIA and Zilker Park, the location delivers urban convenience with outdoor recreation at your doorstep.

Vox Residential Insight

East Riverside is experiencing one of Austin's most dynamic neighborhood transformations, and seller financing on a property this well-positioned is genuinely rare in today's tightened lending environment. At Vox Residential, we recognize that the rooftop views combined with flexible terms make 1500 Summit an unusual find for buyers seeking both quality of life and financing flexibility in an emerging central location.

Agent Description

Seller financing available. 20% down, 7.75% interest with the option to be fixed, 30-year amortization, 5-year balloon. In a market where conventional condo financing has tightened up significantly, this is the rare downtown-adjacent home where a buyer can actually get the deal done.1500 Summit #5 sits on the edge of 78741 in the Riverside pocket, less than 2 miles from downtown Austin and walking distance to the Lady Bird Lake Trail right out the back door. Downtown is about 5 minutes by car, Rainey Street and the East Austin food scene are minutes away, ABIA is roughly 10 minutes south, Zilker Park about 10 minutes west, and The Domain around 20 minutes north outside of rush hour.This is one of the most extensively remodeled units in the complex. Three stories,three bedrooms, three full baths and a half bath, freshly repainted top to bottom and move-in ready. The standout feature is the private rooftop balcony with unobstructed downtown skyline views, the kind of outdoor space most condos in this price range simply don't offer. Inside, smart home technology includes a SimpliSafe alarm system, smart thermostat, and motorized blackout shades in the primary suite. The kitchen anchors the main level with a large island and built-in gas range. The primary suite occupies its own floor on the third level for true separation, with two additional bedrooms below giving the layout real flexibility for guests, an office, or a roommate setup.The community is gated with 24-hour surveillance and secure automatic gate access, one of the few like it this close to downtown. HOA covers all exterior maintenance, roof, common areas, and insurance, so ownership stays simple and predictable. Zoned to Travis Heights Elementary.

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 $298/sqft, this listing is priced near the East Riverside median of $298/sqft.

Property Details

Listing data last updated: May 19, 2026

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