
$277,341
NAL Estimated Property Value1601 Faro DR 403, Austin, TX, 78741
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About this property
Awesome 1 bedroom 1.5 bath condo off of Riverside! Remodeled kitchen features new cabinets, granite counters & SS appliances. Living room has trendy stained concrete floors, fireplace & covered patio w/small fenced yard. Entire upstairs is 1 HUGE bedroom w/walk-in closet, full bathroom & balcony overlooking the pool. Quiet gated community~close to downtown/UT/restaurants/shopping~community pool. HOA fees are $255/mo plus $68.55/mo for special assessment thru Dec 2015 to update the community.FEMA - Unknown Restrictions: Yes
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Learn About the Market: Opportunity in Austin




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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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