Property Overview

This main-floor Monaco Condo on Oltorf Street in East Riverside delivers exceptional value in one of Austin's fastest-transforming neighborhoods. Priced 25% below the area median, this 2-bed, 2-bath residence offers 1,004 square feet of thoughtfully designed living space, anchored by an open-concept layout that seamlessly connects the living room, dining area, and kitchen. A rare private oversized patio extends the home's usable square footage, providing direct outdoor access from the main living areas and flooding the interior with natural light. The kitchen features stainless steel appliances, tile countertops, and a breakfast counter ideal for casual dining and meal prep.

Situated in a walkable East Riverside location, this property positions residents steps away from the Lady Bird Lake Hike and Bike Trail, SOCO dining and entertainment, and quick access to downtown Austin. The neighborhood's rapid revitalization, transit improvements, and affordable urban living appeal make this an ideal entry point into central Austin. As a first-floor unit with two full bathrooms and a generous primary closet, the home maximizes convenience for modern living. With only one day on market, this Monaco Condo represents a timely opportunity to establish a foothold in one of Austin's most dynamic corridors at an accessible price point.

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 $214/sqft, this listing is priced 28% below the East Riverside median of $297/sqft.

Property Details

Listing data last updated: March 25, 2026

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