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East Riverside is one of Austin's most rapidly transforming neighborhoods, with massive new mixed-use developments replacing older apartment complexes. The area offers affordable urban living near Lady Bird Lake with improving transit and amenities.
<p>East Riverside is one of Austin's most rapidly transforming neighborhoods, experiencing a wave of large-scale redevelopment that is reshaping the area from an aging apartment corridor into a modern mixed-use district. The catalyst for this transformation is the planned Project Connect light rail line along Riverside Drive, combined with major new developments like the South Shore District and the redevelopment of the former Statesman property on Lady Bird Lake's south shore. For buyers and investors, East Riverside represents one of Austin's most significant opportunities for long-term appreciation.</p> <p>Current housing options include newer condominium and townhome developments that offer modern amenities at prices significantly below downtown, Zilker, or South Congress. Prices typically range from $250,000 for condos to $500,000 for townhomes, making East Riverside one of the most affordable neighborhoods with direct Lady Bird Lake access. The area also includes some single-family homes in adjacent subdivisions, though these are less common than multi-family options.</p> <p>East Riverside's location is a hidden strength. The neighborhood sits directly on Lady Bird Lake's south shore, with boardwalk and trail access. It's a short drive or bike ride across the lake to downtown, and the planned light rail will eventually provide transit service along the corridor. The growing dining scene includes beloved spots like Saffron and Loro. For buyers who are comfortable with a neighborhood in transition and want to get into a lakefront Austin location at accessible prices, East Riverside offers exceptional value with significant upside.</p>
Highlights: Rapid Transformation, Affordable Urban Living, Lady Bird Lake Access, New Development, Transit Improvements
Walk Score, Transit Score, and Bike Score provided by WalkScore.com.
The median list price in East Riverside is $400,000 ($347/sqft). Prices range from $100,000 to $3,000,000 with 26 active listings.
There are currently 26 homes for sale in East Riverside, Austin TX.
East Riverside is one of Austin's most rapidly transforming neighborhoods, with massive new mixed-use developments replacing older apartment complexes. The area offers affordable urban living near Lady Bird Lake with improving transit and amenities. Known for Rapid Transformation, Affordable Urban Living, Lady Bird Lake Access, New Development, Transit Improvements.
Nearby schools include Ann Richards School (8/10), Travis Heights Elementary (7/10), Covington Middle School (6/10).
East Riverside has a walkability score of 29/100.