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1601 Faro DR, Austin, TX 78741

$189,000

2 bd · 2 ba · 1,017 sqft

1601 Faro DR, Austin, TX 78741

1601 Faro DR, Austin, TX 78741 is a 2-bedroom, 2-bathroom condominium listed at $189,000 ($186/sqft). 1,017 sqft. Built in 1983. Located in East Riverside, Austin TX. Priced 38% below the East Riverside median of $298/sqft. MLS #9842618. Listed by Keller Williams Realty.

Property Overview

This end-unit condo at 1601 Faro Drive in East Riverside delivers exceptional value in one of Austin's most dynamic neighborhoods. The 2-bedroom, 2-bathroom residence spans 1,017 square feet and showcases freshly updated interiors with new flooring, hardwood elements, and vaulted ceilings that enhance the open-concept layout. Recent upgrades include stainless steel appliances, updated light fixtures, and a wood-burning fireplace, with the refrigerator, washer, and dryer all conveying with the sale. Large windows flood the space with natural light, creating a bright and welcoming environment.

Positioned as an end unit, this property enjoys enhanced privacy with only one shared wall and immediate access to the gated community's resort-style amenities, including a pool and reserved parking. East Riverside's rapid transformation means residents are minutes from Lady Bird Lake, new restaurants and shops, and improved transit options, while HEB and essential services remain conveniently nearby. At $186 per square foot—36 percent below the area median of $289—this condo represents compelling value for those seeking established East Austin character without premium pricing.

The inclusive HOA dues covering water, trash, and landscaping round out the low-maintenance appeal, making this an ideal entry point into one of Austin's most exciting neighborhoods during its period of revitalization.

Vox Residential Insight

This end unit's $189,000 price tag is genuinely exceptional for East Riverside's current trajectory, especially with new appliances and recent updates included in the sale. From our vantage at Vox Residential, we're watching this corridor transition rapidly, and properties positioned at this value point in gated communities tend to attract both owner-occupants and investors who recognize the neighborhood's momentum.

Agent Description

Welcome to 1601 Faro Drive, Unit 704 — a meticulously maintained 2-bedroom, 2-bathroom end-unit condo offering comfort, privacy, and an unbeatable Austin location. This thoughtfully updated home features new flooring, fresh interior paint, updated light fixtures, and recently added appliances, including a refrigerator and washer/dryer — all conveying with the sale. The open-concept layout is enhanced by vaulted ceilings, hardwood flooring, stainless steel appliances, and a cozy wood-burning fireplace that adds warmth and character to the living space. Large windows fill the home with natural light, creating a bright and inviting atmosphere throughout. As an end unit sharing only one wall, this condo offers added privacy and tranquility. Residents enjoy access to a gated community with a pool, one reserved parking space, and ample guest parking. HOA dues cover water, trash, and landscaping for added convenience and low-maintenance living. Ideally located just minutes from HEB, Lady Bird Lake (Town Lake), and downtown Austin, with easy access to Riverside Drive. Outdoor enthusiasts will appreciate proximity to Roy G. Guerrero Park and the Riverside Dog Park. Whether you’re seeking a primary residence or an investment opportunity, this move-in-ready condo offers location, lifestyle, and value in one of Austin’s most dynamic areas.

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 $186/sqft, this listing is priced 38% below the East Riverside median of $298/sqft.

Property Details

Property TypeCondominium
Year Built1983
Bedrooms2
Bathrooms2
Living Area1,017 sqft
Lot Size6,577.56 sqft
Price per Sqft$186
ListedFeb 19, 2026
MLS #9842618
Listed ByKeller Williams Realty

Listing data last updated:

Frequently Asked Questions

What is the listing price of 1601 Faro DR, Austin, TX 78741?

This property is listed at $189,000, which is $186 per square foot. That is 38% below the East Riverside area median of $298/sqft.

How many bedrooms and bathrooms does 1601 Faro DR, Austin, TX 78741 have?

This home has 2 bedrooms and 2 bathrooms, with 1,017 square feet of living space.

When was 1601 Faro DR, Austin, TX 78741 built?

This property was built in 1983, making it 43 years old.

What neighborhood is 1601 Faro DR, Austin, TX 78741 in?

This property is in East Riverside, Austin, TX. The area is known for rapid transformation, affordable urban living, lady bird lake access.

How long has 1601 Faro DR, Austin, TX 78741 been on the market?

This listing has been on the market for 75 days.

What type of property is 1601 Faro DR, Austin, TX 78741?

This is a Condominium on a 6,577.56 sqft lot.

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