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4500 E Oltorf St #A-120, Austin, TX, 78741

2beds
2baths
1,004sqft
$198,000
$197price/sqft
$1,506/moest. monthly cost
$60,240/yrincome needed

About This Home

In East Austin, this 2-bedroom, 2-bathroom condo in Monaco Condo brings together fresh updates, a spacious layout, and the kind of location buyers search for near Downtown and Lady Bird Lake. With a 2nd-floor entry and tree-filled balcony views, the home offers a tucked-away feel while staying close to the middle of everything happening in Central Austin. The living room is very spacious, with plenty of room to spread out, natural light pouring in through the sliding glass doors, a fireplace, built-in bookshelf, and direct access to the balcony overlooking the trees. Freshly painted neutral-toned walls and ceilings, new recessed lighting, fixtures, and ceiling fans, new 2026 carpet, in the living and bedrooms, and laminate flooring in the kitchen give the interior a fresh, easygoing feel. The galley-style kitchen makes smart use of the footprint, maximizing both prep space and storage while keeping everything within reach. Stainless appliances, all replaced in 2026, pair with ample cabinetry and generous countertop space. The primary suite sits quietly away from the main living spaces and includes its own sliding glass door to the balcony, creating an extension of the bedroom. The ensuite bathroom features a newly updated 2026 shower, while the walk-in closet offers substantial storage. The secondary bedroom is positioned near the guest bathroom, which received a new bathtub and shower in 2026. New washer and dryer convey! Additional updates include HOA foundation repairs completed in 2025 along with a 2026 HVAC system and ductwork replacement, giving buyers confidence in the larger-ticket improvements already completed. Living at Monaco Condo places you minutes from Downtown Austin, Lady Bird Lake, Rainey Street, South Congress, Oracle Campus, and the growing East Riverside corridor. With quick access to I-35, Highway 71, and the Austin Airport, this location continues to stand out for its convenience, outdoor access, and close connection to the center of Austin.

Getting Around

39
WalkingCar-Dependent
49
TransitSome Transit
41
BikeSomewhat Bikeable

Schools

7/10
Smith Elementary SchoolGrades PK-52.2 mi
2/10
Del Valle High SchoolGrades 9-127.4 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1985

Materials

  • Foundation: Slab
  • Roof: Composition

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Free-Standing Electric Range,Washer

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bedrooms: 2

Features

  • Bookcases,Breakfast Bar,Ceiling Fan(s),Electric Dryer Hookup,No Interior Steps,Open Floorplan,Primary Bedroom on Main,Recessed Lighting,Walk-In Closet(s),Washer Hookup
  • Window features: None
  • Flooring: Carpet,Laminate,Tile
  • Number of fireplaces: 1
  • Fireplace features: Living Room

Heating & Cooling

  • Heating features: Central
  • Cooling features: Ceiling Fan(s),Central Air

Interior Area

  • Total interior livable area: 1,004 sqft

Kitchen

  • Features: Breakfast Bar,Open to Family Room,Recessed Lighting
  • Level: Main

Primary Bathroom

  • Features: Full Bath
  • Level: Main

Primary Bedroom

  • Features: Ceiling Fan(s),Walk-In Closet(s)
  • Level: Main

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 03100805030019
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: None
  • Exterior features: Balcony
  • Fencing: None
  • Has view: Yes
  • View description: Trees/Woods
  • Waterfront features: None

Lot

  • Lot size: 2,883 sqft
  • Features: Interior Lot,Trees-Medium (20 Ft - 40 Ft)

Parking

  • Parking features: Open

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Tornado
Hail
Heat Wave
Inland Flooding

FEMA Declared Disasters Across Texas Counties

Flood
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,001$12,012
Home Insurance *$83$996
Property Taxes $184$2,208
Electricity $238$2,859
Total$1,506$18,072
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$51,634/yr
40% on housing$45,180/yr
45% on housing$40,160/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.4%
6.4%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$197This listing

vs Other Active Listings

Avg $/sqft

ZIP 78741$195
Travis County$334

vs Homes Sold Last Month

Median $/sqft

ZIP 78741$299
Travis County$233

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-22Listed for sale$198,000
2013-09-21Listing removed$1,400
2013-03-28Price change$1,400
2013-02-09Listed for rent$1,500

For Sale by Agent

AgentKathy Sokolic
BrokerageCompass RE Texas, LLC

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