500 E Riverside DR Unit #119
Austin, TX, 78704
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!
Property Type
Residential
Year Built
1971
Lot Size
0.02 acres
$/Sq Ft
$554
HOA
$179/mo
Pool
Yes
Listed by RE/MAX Fine Properties
Verified property facts
500 E Riverside DR Unit #119 is listed at $214,900 with 1 bedrooms, 1 full bathrooms, 388 square feet, 0.02-acre lot.
500 E Riverside DR Unit #119 is zoned for Austin ISD with assigned schools: Travis Hts (elementary), Lively (middle), Travis (high). School assignments should be verified directly with the district.
500 E Riverside DR Unit #119 is a Residential built in 1971 featuring 1 bedrooms, 1 full bathrooms, 388 square feet, 0.02-acre lot.
500 E Riverside DR Unit #119 is listed by RE/MAX Fine Properties. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Aug 31, 2026.
500 E Riverside DR Unit #119 is priced at $554 per square foot across 388 sqft. The Travis Heights neighborhood guide reference price is $1,007,000 (Travis Heights neighborhood guide · reference price).
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
2 records on file
Every recorded listing, sale, and lease at 500 E Riverside DR Unit #119, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listed with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-16.4% | — | $215,328 | — | — |
2024+21.3% | — | $257,709 | $180,450 | $24,540 |
2023+33.2% | — | $212,438 | $180,450 | $77,259 |
2022+2.9% | — | $159,518 | $72,180 | $140,258 |
2021 | — | $155,004 | $72,180 | $87,338 |
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
20% ($43K)
Adjustable assumption - not a lending recommendation.
$214,900
Luxury property intelligence
A sourced read on Travis Heights pricing, timing, and property scale. No automated valuation claim.
List price
$214,900
Price per sqft
$554/sqft
Vs. Neighborhood guide reference price
-78.7%
$1M · Travis Heights neighborhood guide · reference price
Days on market
2 days
Original to current
No verified reduction
$214.9K original
Active inventory context
22 listings
Price Position in Travis Heights
Listed 79% below the Travis Heights neighborhood guide reference price. Travis Heights neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Aug 31, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
The most recent annual property tax for 500 E Riverside DR Unit #119 is $3,542. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
This page does not assume a mortgage rate or publish a monthly payment for 500 E Riverside DR Unit #119. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Aug 31, 2026, 500 E Riverside DR Unit #119 is offered at $214,900. The current MLS snapshot shows 137 active listings in 78704. Keenan Group has completed 46 verified transactions in 78704 within its 1,000+ completed transactions and $1B+ career volume across Austin. See Keenan Group's Travis Heights guide for current neighborhood analysis.
500 E Riverside DR Unit #119 was built in 1971 (55 years ago). Buyers should budget for potential updates to major systems.
The MLS listing marks 500 E Riverside DR Unit #119 as waterfront. The reported waterfront feature is Lake Front. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.
The MLS listing reports HOA or association dues of $179 monthly for 500 E Riverside DR Unit #119. It does not establish included amenities, services, rules, reserves, or current assessments; verify those items in current association documents.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Travis Heights is one of Austin's established neighborhoods, zoned for Austin ISD in the 78704 area. The Keenan Group has specialized in Travis Heights real estate for 25+ years with 1,000+ career transactions. Contact (512) 415-7653 for current market conditions and available homes.
Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)
Very Walkable
Some Transit
Very Bikeable
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
6 events on record
Current Price
$214,900
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-16.4% | — | $215,328 | — | — |
2024+21.3% | — | $257,709 | $180,450 | $24,540 |
2023+33.2% | — | $212,438 | $180,450 | $77,259 |
2022+2.9% | — | $159,518 | $72,180 | $140,258 |
2021 | — | $155,004 | $72,180 | $87,338 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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Neighborhood guide and local insights
Travis Heights is home to Big Stacy Pool, a free, spring-fed swimming hole that most Austinites have never visited because they are too busy fighting for space at Barton Springs. That hidden quality defines the entire neighborhood. Travis Heights has been here since the 1920s, sitting on the bluffs above Lady Bird Lake, and it has managed to stay more residential and quiet than the buzzing corridors on every side. South Congress is one block west. Rainey Street is a short walk across the bridge. And yet the interior streets still feel like the Austin people romanticize. The neighborhood occupies the high ground east of South Congress and south of Lady Bird Lake, running from the lake to Oltorf Street, with I-35 on the east. The streets climb and wind along bluffs, creating a layered landscape of old trees and homes with views toward downtown. The Congress Avenue Bridge bats are a five-minute walk. Downtown is across the bridge, ten minutes on foot. Perla's and June's All Day anchor South Congress to the west. Elizabeth Street Cafe serves Vietnamese-French pastries. Lenoir offers a farmhouse wine garden. Odd Duck does farm-to-table small plates. Otoko is one of the most exclusive reservations in the city. Emmer and Rye rounds out with inventive tasting menus. Craftsman bungalows from the 1920s and 1930s make up the largest category, with wide porches and original wood siding. Tudor homes add steep gabled rooflines. Contemporary builds appear on teardown lots. Mid-Century homes fill blocks farther from the lake. A bungalow needing work starts around $700,000, while renovated or new construction with lake views can exceed $2.5 million. Lots are modest - a tenth to a quarter acre - but tree coverage and topographic variation make them feel larger. Travis Heights Elementary carries a reputation for strong community involvement and a diverse student body. Students feed into Fulmore Middle School and Travis High School. The schools attract families who actively choose an urban public school experience: diverse populations and neighborhood identity. Parent engagement runs high. Private options are plentiful nearby, including Austin Montessori. Blunn Creek Greenbelt runs through the interior, providing a shaded corridor for walking and nature play. Big Stacy Park has both the spring-fed pool and a neighborhood gathering point. Lady Bird Lake's boardwalk connects the south side to the east side. The Congress Avenue Bridge bats are part of the nightly routine March through October. Weekend mornings might start with coffee on a front porch, a walk to the South Congress farmers market, or a jog along the Butler Trail. Travis Heights sits between South Congress's commercial energy and the quieter feel of Bouldin Creek. South Congress properties near the avenue carry a premium but sacrifice residential calm. Bouldin Creek offers similar vintage stock on flatter terrain with less lake proximity. East Austin has seen rapid appreciation but lacks the established canopy and topographic character. Travis Heights benefits from being close to everything without being consumed by it. Travis Heights is for buyers who want the real, historic Austin experience with a ten-minute walk to downtown and South Congress. It fits families who value Craftsman bungalows and front-porch living, couples who want to walk to world-class restaurants, and anyone who believes the best neighborhoods are the ones that have been quietly getting it right for a hundred years.
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