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500 E Riverside Dr Unit 242

Austin, TX 78704

3 beds
3 baths
1,465 sqft
$2 per sqft
1971 build
– on site

Stunning 3-Bedroom Condo with Downtown Views & Waterfront Access! Discover an incredible leasing opportunity at 500 E Riverside Dr #242, Austin, TX 78704! This spacious 3-bedroom, 2.5-bath, 2-story condo offers breathtaking downtown skyline views and private waterfront access on the south shore of Lady Bird Lake. Enjoy 1,465 sq. ft. of stylish living space featuring wood-look vinyl flooring, abundant natural light, and an updated color scheme. The first floor boasts an open-concept living, dining, and kitchen area, while upstairs, you’ll find three well-sized bedrooms, walk-in closets, and three private patios—perfect for soaking in the views. Recent upgrades include a NEW roof (2024), NEW indoor air handler (2024). The Riverwalk Condominiums community provides secure gated entrances, private landscaped grounds, multiple pools, lounge areas, and a community dock with canoe, kayak, and SUP storage. Plus, enjoy direct access to the Lady Bird Lake trail just outside the gates! This unbeatable 78704 location is a short walk to SoCo, Downtown, Barton Springs, Zilker Park, and Auditorium Shores. With private assigned parking (1 covered, 1 uncovered) and a vibrant urban setting, this rare leasing opportunity won’t last long!

Listing courtesy of ABOR / Rebecca Taurozzi / Compass RE Texas, LLC

Last checked: Checking… • Last updated Mar 20, 2025 •

MLS# 9051909 —

The Building

Year Built:

1971
Unit Number:

242
Unit Style:

2nd Floor Entry
New Construction:

false
Foundation:

Slab
Exterior Features:

Balcony
Accessibility Features:

None
Levels:

One
Direction Faces:

South

Interior

Interior Features:

Ceiling Fan(s)
Living:

1
Dining:

1
Flooring:

Laminate
Laundry Location:

In Kitchen

Room Dimensions

Living Area:

1465
Living Area Source:

Public Records

Financial & Terms

Lease Term:

12 Months
Lease Terms:

12
Security Deposit:

$3,200
Availability Date:

2025-03-21

Location

Latitude:

30.253663
Longitude:

-97.742435
Directions:

When coming from Mopac exit Cesar Chavez to South 1st, turn right to South 1st, then take a left on Riverside, entrance on the left. From I-35 exit Riverside, go about .025 miles down. Park in the guest park. Text agent for gate code to get in.

The Property

Property Type:

Residential Lease
Subtype:

Condominium
Parcel Number:

02010302070095
Lot Features:

None
Lot Size Acres:

0.068
Lot Size Area:

0 Sqft
Lot Size SqFt:

2,962 Sqft
SqFt Total:

1,465 Sqft
Waterfront:

false
Horse:

false
FEMA Flood Plain:

No

Listing Agent

Contact info:

Beds

Bedrooms Total:

3
Main Level Bedrooms:

3

Baths

Total Baths:

2.5
Total Baths:

3
Full Baths:

2
Half Baths:

1

The Listing

Occupant Type:

Vacant

Heating & Cooling

Cooling:

Central Air

Utilities

Utilities:

Electricity Available
Sewer:

Public Sewer
Water Source:

Public
Electric On Property:

true

Appliances

Appliances:

Dishwasher

Schools

Elementary School:

Travis Hts
Elementary School District:

Austin ISD
Middle School:

Lively
Middle School District:

Austin ISD
High School:

Travis
High School District:

Austin ISD

The Community

Subdivision Name:

Riverwalk Condo Amd
Community Features:

BBQ Pit/Grill
Pool Private:

true
Pool Features:

In Ground
Pets Allowed:

Cats OK

Parking

Parking Features:

Additional Parking
Garage:

false
Attached Garage:

false
Garage Spaces:

2
Covered Spaces:

2

Extra Units

# of Units Total:

142

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Utility Costs

$152/mo.

Estimate provided by ClearlyEnergy

View a full report

Condo For Rent

$3,200/mo

Listing provided by broker:

Rebecca Taurozzi

Compass RE Texas, LLC

(512) 575-3644

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This condo located in Greater South River City, Austin, TX 78704 is currently for rent for $3,200/mo. 500 E Riverside Dr Unit 242 is a 1,465 square foot condo with 3 beds and 3 baths that has been on Estately for 9 days. 500 E Riverside Dr Unit 242 is in the Greater South River City neighborhood of Austin and has a WalkScore® of 69, making it somewhat walkable. This condo is in the attendance area of Lively Middle School, Travis Early College High School, and Travis Heights Elementary School.

Based on information from the Austin Board of REALTORS® and ACTRIS 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.