Active Listing  ·  120 days on market

4500 E Oltorf St #D410

Austin, TX 78741
$199,999
2 Bed 2 Bath 1,004 sqft $199/sqft Built 1985 0.07 acres Pool Monaco Condo Amd

Recent improvements include a new high-efficiency HVAC system (2023), energy-efficient appliances including dishwasher and washer (2023), and 12” attic insulation for enhanced comfort and lower utility costs.

Interior upgrades completed in 2022 include:

Fully renovated primary bathroom with high-end finishes

Updated secondary bathroom with new tub and contemporary tilework

Modernized kitchen countertops and backsplash

Fresh interior paint throughout

Beautiful 2-bedroom, 2-bath condo in the heart of Riverside offering stunning city views! Located at 4500 E Oltorf St, this top-floor unit combines comfort and convenience with an unbeatable location. Just 10 minutes from Downtown Austin, South Congress Ave, enjoy easy access to vibrant city life, dining, entertainment, and Lady Bird Lake.

Ideal for commuters, with quick connectivity to major highways and only a short drive to Austin-Bergstrom International Airport. The Riverside area continues to grow, making this a great opportunity for both homeowners and investors.

Light-filled living spaces, functional layout, and peaceful views make this condo a perfect urban retreat while staying close to everything Austin has to offer.

At $199/sqft, this home is 49% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

4500 E Oltorf St #D410, Austin, TX 78741

Property Details

Price $199,999
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,004 sqft
Lot Size 0.07 acres (2,883.67 sqft)
Year Built 1985
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Monaco Condo Amd
County Travis
Zip Code 78741
$/sqft $199/sqft
Days on Market ,
HOA $417/Monthly
Annual Tax Est. $4,722.88
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT224336186
List Date April 6, 2026
Elementary School Smith
Middle School Ojeda
High School Del Valle
School District ,

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 →

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
6006 Palm Cir
Country Club Gardens Sec 04
$200,000 $176 3 bd / 2 ba 1,135 sqft , 2026-07-16
1411 N Gracy Farms Ln N #100
Reflections Of Walnut Creek Ii
$199,990 $192 2 bd / 3 ba 1,042 sqft , 2025-10-28
4507 E Martin Luther King Jr Blvd #133
Eagle View Place
$199,990 $165 2 bd / 2 ba 1,210 sqft , 2026-04-02
12166 Metric Blvd #2006
Edgecreek Condo Amd
$199,900 $304 1 bd / 1 ba 657 sqft , 2026-05-14
4306 Avenue A Ave #114
Park Place Condo
$199,900 $251 2 bd / 1 ba 798 sqft , 2026-06-14

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
$960/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
$40,000
20% conventional investment loan

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

Estimated Gross Rent+$960
Principal + Interest−$1,091
Property Tax (~2.1% TX avg)−$350
Insurance (~0.5%)−$83
Est. Monthly Cash Flow $-564

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

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