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This property has sold on June 19, 2025. Looking for something similar? Contact us or browse available homes.

500 E Riverside DR Unit #241, photo 1, Travis Heights, Austin, TX
Leased

Per MLS rules, only the primary photo is shown for non-Keenan closed listings.

Off Marketas of Oct 18, 2026

This property is no longer actively listed. We can help you find similar homes currently for sale, notify you if this property relists, or explore off-market opportunities in the area.

$2,980

last listed

500 E Riverside Dr Unit #241, Austin, TX 78704

Travis Heights•MLS# 8891941
3beds
2full1half
1,465sqft
Built1971

Why you're seeing this property: Unlike major portals that hide off-market listings, we maintain the most comprehensive Austin property database. View market history, neighborhood data, and discover similar homes currently for sale. #1 Austin Realtor Team 2024.

3 bed, 2 bath, 1,465 sqft on 0.07 acres in Travis Heights. Austin, TX 78704. Asking rent $2,980/mo, leased June 19, 2025. Austin ISD.

About This Home

Experience the best of Austin with this spacious updated 3-bedroom, 2.5-bathroom condo perfectly situated on the edge of Town Lake. Spanning two stories, this large unit offers downtown views, two private outdoor patios, and an abundance of storage. Enjoy paddle boarding, kayaking, or a morning jog on the Lady Bird Lake Boardwalk—just steps from your door. Thoughtful upgrades include hardwood floors throughout, a warm kitchen, remodeled bathrooms, and in-unit washer/dryer. Located in a gated community with two pools, private launch access, and owner kayak storage. Walkable to downtown, yet tucked away for peace and privacy. Pets negotiable.

Property Type
Residential Lease
Year Built
1971
Lot Size
0.07 acres

Listing information last updated June 21, 2025.

Listed by Douglas Elliman Real Estate

MLS# 8891941 • Closed

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Properties displayed may be listed or sold by various participants in the MLS.

Highlights

Balcony
Enjoy paddle boarding, kayaking, or a morning jog on the Lady Bird Lake Boardwalk—just steps from your door
Located in a gated community with two pools, private launch access, and owner kayak storage
Walkable to downtown, yet tucked away for peace and privacy

Facts & Features

Interior

Flooring

  • Wood
Cooling
Dual
Exterior & Lot

Features

  • Balcony

Lot Features

  • Views

Foundation

  • Slab
Lot Size
0.07 Acres

Parking

  • Covered
Financial
Original List Price
$3,200
Price per Sq Ft
$2

Transaction History

1 record on file

Every recorded listing, sale, and lease at 500 E Riverside DR Unit #241, whoever represented it.

  1. LeasedJune 19, 2025
    Asking rent: $3,200/moMLS 8891941

Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.

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Price & Listing History

Listing timeline with current price, original ask, and market time.

View Timeline
Current list
$2,980
Original list
$3,200
Price movement
$220 reduction
Listed / DOM
May 13, 2025

Tax Record

Public record data from county appraisal records. Market value can differ from assessed value.

Assessed Value
$404,842
Assessment Year
2025
Year Built
1971
Parcel ID
000000187994
$523K
$307K
$306,933
2021
$339,277
+10.5% from prev
2022
$430,069
+26.8% from prev
2023
$523,017
+21.6% from prev
2024
$404,842
-22.6% from prev
2025
YearTaxesTotal AssessmentLandAdditions
2025-22.6%
—$404,842——
2024+21.6%
—$523,017$366,975$42,651
2023+26.8%
—$430,069$366,975$156,042
2022+10.5%
—$339,277$146,790$283,279
2021
—$306,933$146,790$192,487
5-Year Change31.9%
Map showing 500 E Riverside DR Unit #241
500 E Riverside DR Unit #241
Directions

Zoned Schools

Austin ISD →

1 High School1 Middle School1 Elementary School

Austin

High SchoolGrades 9-12Zoned assignment

Lively

Middle SchoolGrades 6-8Zoned assignment

Travis Hts

ElementaryGrades K-5Zoned assignment

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.

Principal & interest
$16

Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.

Illustrative down payment

20% ($596)

Adjustable assumption - not a lending recommendation.

Home price

$2,980

Loan: $2K

Loan details

Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-29
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Keenan Market Position

A sourced read on Travis Heights pricing, timing, and property scale. No automated valuation claim.

List price

$2,980

Price per sqft

$2/sqft

Vs. Neighborhood guide reference price

-99.7%

$980K · Travis Heights neighborhood guide · reference price

Days on market

Not available

Original to current

$220 reduction

$3.2K original

Active inventory context

22 listings

Price Position in Travis Heights

Neighborhood guide reference price $980KThis home $3K

Listed 100% below the Travis Heights neighborhood guide reference price. Travis Heights neighborhood guide · reference price.

Seller's Market - 22 active listings

Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 18, 2026.

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Homes sold by Keenan Group.

Verified property facts

Frequently Asked Questions

What school district is 500 E Riverside Dr Unit #241 in?

500 E Riverside Dr Unit #241 is zoned for Austin ISD with assigned schools: Travis Hts (elementary), Lively (middle), Austin (high). School assignments should be verified directly with the district.

What are the property details for 500 E Riverside Dr Unit #241?

500 E Riverside Dr Unit #241 is a Residential Lease built in 1971 featuring 3 bedrooms, 2 full, 1 half bathrooms, 1,465 square feet, 0.07-acre lot.

How does 500 E Riverside Dr Unit #241 compare with other homes in Travis Heights?

500 E Riverside Dr Unit #241 was last listed at $2,980/mo and leased on June 19, 2025. The current MLS snapshot shows 123 active listings in 78704. Keenan Group has completed 49 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.

When was 500 E Riverside Dr Unit #241 built?

500 E Riverside Dr Unit #241 was built in 1971 (55 years ago). Buyers should budget for potential updates to major systems.

Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.

What should buyers know about Travis Heights?

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.

  • Travis Heights area specialists
  • Austin ISD zoning
  • #1 Austin Board of Realtors Team 2024
  • 25+ years Austin luxury real estate

Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)

Why Choose the #1 Austin Board Team for Travis Heights

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

Unlock MLSMLS GRID

Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 10/18/2026, 12:07:16 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Keenan Luxury Market Index figures and Keenan Group sales counts are published under CC BY 4.0 and may be reused with attribution to Keenan Group at Compass. Methodology and citation format: thekeenangroup.com/the-source/keenan-luxury-market-index-methodology.

Last updated: 10/18/2026, 12:07:16 PM

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