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$198,000

4500 E Oltorf ST A120, Austin, TX, 78741

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,004 Sq Ft
price_per_sqft$197.21 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
AppliancesDryer, Dishwasher, Free Standing Electric Range, Microwave, Washer
FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesBalcony
Lot Size2,884 sqft

Building Information

Year Built1985
Stories1

Land Information

APN03100805030019
Lot Number107
SubdivisionMonaco Condominiums Amended
Land UseCondominiums
Legal DescriptionUNT 120 BLD A MONACO CONDOMINIUMS AMENDED PLUS 2.22% INTEREST IN COMMON AREA
Census Tract002314
Assessed Land Value$14,409
Assessed Improvement Value$213,729
Assessment Year2025

About this property

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.

Investor Tools

$0Estimated Mortgage Balance
$228,138Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,369 /month
Positive
Cash Flow Estimate:
$456 /month

Interested in this property?

Katherine Sokolic

Compass RE Texas, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$580/month
$417/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,816
$228,138
2025
$14,409
$213,729
$228,138
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,816
$228,138

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$228,138
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,626/mo
$417/mo
+$1,209/mo
8.6%

Learn About the Market: Opportunity in Austin

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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.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.4%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$555,300

Unemployment Rate

Unemployment Rate

3.20%

Price Trend

Price Trend

~0.4% YoY growth

New Permits

New Permits

2,269 units

City: Austin

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4500 E Oltorf ST A120 | Property Details | No Agent List