$242,148
1601 Faro DR 1601, Austin, TX, 78741
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About this property
Fantastic community close to downtown! Well cared for community surrounded by woods with large trees, community pool and on the UT bus route. Wood and tile floors, granite counter tops, private patio that looks over the woods. 1 small dog allowed (no cats). Tenant Selection Criteria. Sprinkler Sys:Yes
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Learn About the Market: Opportunity in Austin




Explore
Austin
Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.
From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.
Population Growth
~0.4%
Net Migration
Positive
Median Home Price
$555,300
Unemployment Rate
3.20%
Price Trend
~0.4% YoY growth
New Permits
2,269 units
City: Austin
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