$199,000

Property Overview

This first-floor East Riverside condo at 1601 Faro Dr offers rare privacy within an actively transforming neighborhood, positioned 24% below the area median price per square foot. The unit's back-facing orientation shields residents from street noise while placing them steps from Lady Bird Lake's outdoor recreation and the rapid development reshaping East Riverside into Austin's most affordable urban living corridor. Recent upgrades throughout—new HVAC system, double-pane windows with lifetime transferable warranty, fresh interior paint, and updated flooring—create immediate move-in readiness without renovation demands.

The two-bedroom, two-bath layout spans 1,017 square feet on a single level, eliminating stairs and maximizing accessibility. A vaulted living room with wood-burning fireplace anchors the open design, while the updated kitchen features white cabinetry, new countertops, and stainless steel appliances. The primary suite includes a bay window and walk-in closet, with a second full bath and guest bedroom completing the footprint. Covered patio and rear porch spaces extend living outdoors, and community amenities including pool, hot tub, and manicured grounds remain accessible through the manageable $492 monthly HOA fee.

Vox Real Estate Insight

At Vox Real Estate, we recognize this property's value timing in East Riverside, where transit improvements and new mixed-use development are fundamentally reshaping the neighborhood's trajectory. The combination of recent mechanicals, genuine privacy for a condo unit, and pricing significantly below area comps makes this an intelligent entry point for buyers seeking authentic affordability in Austin's fastest-changing urban village.

Agent Description

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.

Neighborhood: East Riverside

This property is located in East Riverside, Austin, TX. The area is known for Rapid Transformation, Affordable Urban Living, Lady Bird Lake Access, New Development, Transit Improvements.

At $196/sqft, this listing is priced 21% below the East Riverside median of $249/sqft.

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