$205,000

Property Overview

This main-floor Monaco Condo at 4500 Oltorf Street showcases one of East Riverside's most coveted features: a rare private oversized patio that extends your living space into the outdoors. The open-concept layout flows seamlessly from the living room through the dining area into a well-appointed kitchen equipped with stainless steel appliances, tile countertops, and a breakfast counter. A sliding glass door floods the space with natural light and opens directly onto your personal retreat, creating an indoor-outdoor lifestyle that defines modern Austin living.

The two bedrooms and two full bathrooms offer flexibility for growing families or professionals seeking home office space, while the generous primary closet provides ample storage. Located in the rapidly transforming East Riverside neighborhood, this 1,004-square-foot residence positions you steps away from the beloved Hike and Bike Trail around Lady Bird Lake and just minutes from South Congress dining and entertainment. At $205,000, this property trades at 29 percent below the area median price per square foot, offering exceptional value for those seeking authentic Central Austin living without the premium price tag.

Vox Residential Insight

The East Riverside market is experiencing remarkable momentum with new development and infrastructure improvements reshaping the corridor, making this early positioning particularly strategic for buyers. The combination of Lady Bird Lake access, emerging transit improvements, and genuine affordability at this entry point makes properties like this compelling for those seeking roots in an ascending neighborhood.

Agent Description

This main-floor Monaco Condo, in 78741, features 2 bedrooms and 2 full bathrooms with a large primary closet and rare, private oversized patio and quick access to SOCO, the Hike and Bike Trail, and downtown Austin. Located in a prime location in the community, this first-floor unit offers a connected layout and an easy Central Austin lifestyle, where outdoor access, nearby dining, and a short commute into the city all come together in one location. The living room, dining area, and kitchen flow together in one open-concept space, creating a layout that keeps everything within reach. The kitchen is positioned just off the main living area and includes tile countertops and backsplash, a stainless electric range, built-in microwave, and a breakfast counter for casual seating or prep space. A sliding glass door from the living and dining area leads directly to the back patio, bringing in natural light and extending the main living space outdoors. Set toward the back of the unit, the primary suite has its own sliding glass door to the patio, along with a large walk-in closet and an ensuite bathroom. The second bedroom is similar in size and sits with direct access to the guest bathroom, giving both rooms a comfortable and functional setup. A laundry closet with space for full-size machines is located inside. Vinyl plank flooring runs throughout the main areas, with tile in the kitchen and bathrooms. The rare, oversized patio stands out, offering a fully fenced space with xeriscape landscaping and no rear neighbors. It creates a quiet outdoor area that feels separate from surrounding units and adds another place to spend time throughout the day. Living in Monaco places you less than 6 minutes from SOCO, 5 miles to Downtown Austin and UT, and just blocks from the Hike and Bike Trail. With quick access to Riverside Drive and I-35, this location keeps daily routines, outdoor time, and some of Austin’s most recognized dining and entertainment options all within close reach.

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 $204/sqft, this listing is priced 32% below the East Riverside median of $298/sqft.

Property Details

Listing data last updated: May 19, 2026

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