
$440,000
2 bd · 1 ba · 791 sqft
500 Riverside DR, Austin, TX 78704
500 Riverside DR, Austin, TX 78704 is a 2-bedroom, 1-bathroom condominium listed at $440,000 ($556/sqft). 791 sqft. Built in 1971. Located in Rainey Street District, Austin TX. Priced 35% below the Rainey Street District median of $849/sqft. MLS #5526149. Listed by Keller Williams Realty.
Property Overview
This established condo at 500 Riverside DR in Austin, TX 78704 is listed at $440,000. The home features 2 bedrooms, 1 bathroom, 791 square feet of living space. It sits on a 1,629.14 sqft lot. Built in 1971. At $556/sqft, this property is priced 35% below the Rainey Street District median of $849/sqft. Located in the Rainey Street District neighborhood of Austin.
Agent Description
Fully renovated first-floor condo with stunning views of Downtown Austin and Lady Bird Lake. This 2-bedroom, 1-bath residence offers 791 square feet of thoughtfully updated living space with skyline and lake views from the front door and additional lake views from the back patios—an uncommon setup in this location. The unit has been completely remodeled and is truly move-in ready. Updates include new flooring, fresh paint throughout, refinished walls, upgraded lighting, new windows and sliding patio doors, a brand-new kitchen with new cabinetry, quartz countertops, and new appliances, plus a fully remodeled bathroom featuring modern fixtures, a new vanity, and a walk-in shower. Major system upgrades include a new HVAC system and water heater. The condo includes two dedicated parking spaces, a rare perk this close to downtown. Located just 5–10 minutes from Zilker Park, Auditorium Shores, Downtown Austin, South Congress, East Austin, and some of the city’s best restaurants, shopping, and outdoor attractions. Enjoy one of the best condo views Austin has to offer with unbeatable proximity to everything that makes the city special. The community features two swimming pools, on-site washer and dryer facilities, and a kayak/canoe launch with direct access to Lady Bird Lake. The unit benefits from a grandfathered HOA fee that is significantly lower than many nearby complexes and includes water, sewer, and trash. Condo has been warrantable in the past.
Neighborhood: Rainey Street District
This property is located in Rainey Street District, Austin, TX. The area is known for Historic Bungalow Bars, Lady Bird Lake Access, Luxury High-Rises, Skyline Views, Vibrant Nightlife.
At $556/sqft, this listing is priced 35% below the Rainey Street District median of $849/sqft.
Property Details
| Property Type | Condominium |
| Year Built | 1971 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Living Area | 791 sqft |
| Lot Size | 1,629.14 sqft |
| Price per Sqft | $556 |
| Listed | Dec 24, 2025 |
| MLS # | 5526149 |
| Listed By | Keller Williams Realty |
Listing data last updated:
Frequently Asked Questions
What is the listing price of 500 Riverside DR, Austin, TX 78704?
This property is listed at $440,000, which is $556 per square foot. That is 35% below the Rainey Street District area median of $849/sqft.
How many bedrooms and bathrooms does 500 Riverside DR, Austin, TX 78704 have?
This home has 2 bedrooms and 1 bathroom, with 791 square feet of living space.
When was 500 Riverside DR, Austin, TX 78704 built?
This property was built in 1971, making it 55 years old.
What neighborhood is 500 Riverside DR, Austin, TX 78704 in?
This property is in Rainey Street District, Austin, TX. The area is known for historic bungalow bars, lady bird lake access, luxury high-rises.
How long has 500 Riverside DR, Austin, TX 78704 been on the market?
This listing has been on the market for 87 days.
What type of property is 500 Riverside DR, Austin, TX 78704?
This is a Condominium on a 1,629.14 sqft lot.