1601 Faro Dr APT 1404, Austin, TX, 78741
About This Home
Unlike neighboring comparable sales, this is a private back unit, offering quiet and privacy while being in the heart of Austin. This unit is equipped with newer double pane windows that include a lifetime transferable warranty for new buyers. The sellers installed a new HVAC system in August 2025. It is recently completely painted on the interior with no popcorn ceilings/walls. The home is move-in ready! This updated 2-bedroom, 2-bath condo offers comfortable living with thoughtful upgrades already completed. Inside, you'll find updated flooring, fresh interior paint, a bright living area with a fireplace, and a functional kitchen featuring white cabinetry, updated countertops, stainless steel appliances, and ample storage. Large windows throughout bring in natural light while the recently installed double-pane windows improve energy efficiency and comfort. The spacious primary suite features a charming bay window, generous closet space, and an en-suite bath. A well-sized secondary bedroom and full bath provide flexibility for guests, roommates, or a home office setup. Mature trees surrounding the unit create a peaceful setting and add privacy from neighboring buildings. Located in the heart of East Riverside, this condo is just minutes from Downtown Austin, Lady Bird Lake, Oracle, Austin-Bergstrom International Airport, South Congress, Rainey Street, and some of the city's most popular restaurants, coffee shops, and entertainment venues. With easy access to major employers, public transportation, and outdoor recreation along the hike-and-bike trails, this location offers exceptional convenience for both homeowners and investors.
Getting Around
Car-Dependent
Good Transit
BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1983
Materials
- Foundation: Slab
- Roof: Composition
Type & Style
- Home type: Condo
- Property subType: Condominium
Interior
Appliances
- Appliances included: Dishwasher,Microwave,Oven,Free-Standing Electric Range,Stainless Steel Appliance(s),Electric Water Heater
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 2
Dining Room
- Features: Dining Area
- Level: Main
Features
- Ceiling Fan(s),Vaulted Ceiling(s),No Interior Steps,Primary Bedroom on Main,Walk-In Closet(s)
- Window features: Bay Window(s),Screens
- Flooring: Carpet,Laminate,Tile
- Number of fireplaces: 1
- Fireplace features: Living Room,Wood Burning
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total interior livable area: 1,017 sqft
Kitchen
- Level: Main
Living Room
- Features: Ceiling Fan(s),Vaulted Ceiling(s)
- Level: Main
Primary Bathroom
- Features: Full Bath
- Level: Main
Primary Bedroom
- Features: Ceiling Fan(s),Vaulted Ceiling(s),Walk-In Closet(s)
- Level: Main
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 03071106570000
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Pool features: None
- Patio & porch: Covered,Patio,Rear Porch
- Exterior features: Gutters Full,No Exterior Steps
- Spa features: None
- Fencing: None
- Has view: Yes
- View description: None
- Waterfront features: None
Lot
- Lot size: 6,573 sqft
- Features: Trees-Large (Over 40 Ft)
Parking
- Parking features: Assigned
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
- Hail
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $986 | $11,832 |
| Home Insurance * | $82 | $984 |
| Property Taxes | $214 | $2,568 |
| Electricity | $238 | $2,859 |
| Total | $1,520 | $18,240 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-07 | Price change | $199,000 |
| 2026-07-10 | Price change | $195,000 |
| 2026-07-08 | Listed for sale | $189,000 |
| 2026-06-23 | Contingent | $189,000 |
| 2026-06-12 | Listed for sale | $189,000 |
| 2019-05-17 | Listing removed | $224,980 |
| 2019-04-19 | Pending sale | $224,980 |
| 2019-04-12 | Listed for sale | $224,980 |
| 2019-04-01 | Pending sale | $224,980 |
| 2019-03-28 | Price change | $224,980 |
| 2019-03-03 | Listed for sale | $215,000 |
| 2018-03-04 | Listing removed | $1,450 |
| 2018-02-24 | Price change | $1,450 |
| 2018-01-03 | Listed for rent | $1,500 |
| 2017-02-22 | Listing removed | $1,425 |
| 2017-02-20 | Price change | $1,425 |
| 2017-02-11 | Listed for rent | $1,450 |
| 2015-12-28 | Listing removed | $1,400 |
| 2015-10-21 | Listed for rent | $1,400 |
| 2015-07-21 | Sold | -- |
| 2015-05-27 | Pending sale | $139,000 |
| 2015-05-23 | Listed for sale | $139,000 |
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