Active Listing  ·  112 days on market

4500 E Oltorf St #C-306

Austin, TX 78741
$125,000
2 Bed 1 Bath 850 sqft $147/sqft Built 1985 0.06 acres Pool Monaco Condo Amd

Special Financing Available! This home qualifies for an exclusive Community Lending program with Movement Mortgage offering below-market conventional rates with no buyer buydown required.

Welcome to urban convenience and smart design at 4500 E Oltorf St, Unit C306 in vibrant Austin, TX (78741). This popular 2-bedroom, 1-bathroom, 850 sq ft residence offers a bright, open-concept layout with modern styling and exceptional natural light throughout.

Property Highlights:

Functional 850 Sq Ft Layout: Features two well-proportioned bedrooms, a stylish full bath, and an efficient living space tailored for comfort.

Prime East Riverside Location: Situated just minutes from Downtown Austin, Lady Bird Lake hike-and-bike trails, the Oracle campus, and the area's best dining and entertainment hotspots.

Investment & First-Time Buyer Appeal: High rental demand corridor combined with turnkey finishes makes this an unbeatable value proposition in Austin's core.

At $147/sqft, this home is 62% below the Austin active market average of $390/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

4500 E Oltorf St #C-306, Austin, TX 78741

Property Details

Price $125,000
Status Active Listing
Beds 2
Full Baths 1
Half Baths ,
Living Area 850 sqft
Lot Size 0.06 acres (2,426.29 sqft)
Year Built 1985
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Monaco Condo Amd
County Travis
Zip Code 78741
$/sqft $147/sqft
Days on Market ,
HOA $357.18/Monthly
Annual Tax Est. $3,462.76
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT240848090
List Date July 23, 2026
Elementary School Baty
Middle School Ojeda
High School Del Valle
School District Del Valle ISD

Del Valle ISD

Baty · Ojeda · Del Valle

Luke Allen (TREC #788149) has deep knowledge of Austin and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

Schedule a Call →

Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · July 23, 2026 $159,000
Previous ask $139,000
Current ask $125,000
▼ Reduced $34,000 (-21.4%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

Similar Homes on the Market in Austin

Comparable Listings Right Now

Homes currently for sale in Austin with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
1601 Faro Dr #2403
Chambord Condo Rev 1999
$135,000 $183 1 bd / 1 ba 736 sqft , 2026-02-13
2450 Wickersham Ln #1606
Chamonix Condo Amd
$139,900 $132 2 bd / 2 ba 1,060 sqft , 2026-09-26
2124 Burton Dr #263
Tollgate Condo Amd
$139,900 $165 2 bd / 2 ba 850 sqft , 2026-10-11
2124 Burton Dr #174
Tollgate Condo Amd
$140,000 $196 1 bd / 1 ba 714 sqft , 2026-05-14
2124 Burton Dr #125
Tollgate Condo Amd
$143,000 $178 2 bd / 2 ba 802 sqft , 2026-01-20

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$600/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$25,000
20% conventional investment loan

Monthly Cash Flow Breakdown (assumes 20% down · 7.25% rate)

Estimated Gross Rent+$600
Principal + Interest−$682
Property Tax (assumed ~2.1%)−$219
Insurance (assumed ~0.5%)−$52
Est. Monthly Cash Flow $-353

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Austin, TX

Austin sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

More Luxury Homes in Austin

Loading…
View All Luxury Homes →
About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 41 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. The written content was last updated on November 5, 2026.

📞 (254) 718-2567 [email protected] More about Luke →

Save this home