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Keenan Group#1 Austin Board of Realtors Team 2024
1601 Faro DR Unit #1404, photo 1 of 17, Austin, Austin, TX
Active

$199,000

2Beds
2Baths
1,017Sq Ft
0.15 acresLot

1601 Faro Dr Unit #1404, Austin, TX 78741

Austin·MLS# 5412561·Built 1983·34 days on market

2 bed, 2 bath, 1,017 sqft on 0.15 acres in Austin. Austin, TX 78741. $199,000. Del Valle ISD.

About This Home

Unlike neighboring comparable sales, this is a private back unit, offering quiet and privacy while being in the heart of Austin. This unit is equipped with newer double pane windows that include a lifetime transferable warranty for new buyers. The sellers installed a new HVAC system in August 2025. It is recently completely painted on the interior with no popcorn ceilings/walls. The home is move-in ready! This updated 2-bedroom, 2-bath condo offers comfortable living with thoughtful upgrades already completed. Inside, you'll find updated flooring, fresh interior paint, a bright living area with a fireplace, and a functional kitchen featuring white cabinetry, updated countertops, stainless steel appliances, and ample storage. Large windows throughout bring in natural light while the recently installed double-pane windows improve energy efficiency and comfort. The spacious primary suite features a charming bay window, generous closet space, and an en-suite bath. A well-sized secondary bedroom and full bath provide flexibility for guests, roommates, or a home office setup. Mature trees surrounding the unit create a peaceful setting and add privacy from neighboring buildings. Located in the heart of East Riverside, this condo is just minutes from Downtown Austin, Lady Bird Lake, Oracle, Austin-Bergstrom International Airport, South Congress, Rainey Street, and some of the city's most popular restaurants, coffee shops, and entertainment venues. With easy access to major employers, public transportation, and outdoor recreation along the hike-and-bike trails, this location offers exceptional convenience for both homeowners and investors.

Property Type
Residential
Year Built
1983
Lot Size
0.15 acres
Price / Sq Ft
$196
HOA
$492.05/mo

Listing information last updated September 22, 2026.

Listed by Keller Williams Realty

MLS# 5412561 • Active

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

Ceiling Fan(s)
Ceiling-Vaulted
No Interior Steps
Primary Bedroom on Main
Walk-In Closet(s)
Dishwasher

Facts & Features

Interior

Features

  • Ceiling Fan(s)
  • Ceiling-Vaulted
  • No Interior Steps
  • Primary Bedroom on Main
  • Walk-In Closet(s)

Appliances

  • Dishwasher
  • Microwave
  • Oven
  • Free-Standing Electric Range
  • Stainless Steel Appliance(s)
  • Electric Water Heater

Flooring

  • Carpet
  • Laminate
  • Tile
Heating
Central
Cooling
Central Air
Fireplaces
1
Exterior & Lot

Features

  • Gutters Full
  • No Exterior Steps

Construction

  • Aluminum Siding
  • Brick Veneer

Lot Features

  • Trees-Large (Over 40 Ft)

Foundation

  • Slab

Patio / Porch

  • Covered
  • Patio
  • Rear Porch
Roof
Composition
Lot Size
0.15 Acres

Parking

  • Assigned
Financial
HOA Fee
$492 / mo
Original List Price
$199,000
Price per Sq Ft
$196
Utilities
  • Electricity Available
Water Source
Public
Sewer
Public Sewer

Transaction History

1 record on file

Every recorded listing, sale, and lease at 1601 Faro DR Unit #1404, whoever represented it.

  1. ActiveListed 2026
    Current price: $199,000Original list: $199,000MLS 5412561
    1. Listed · September 21, 2026$199,000

Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.

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Price & Listing History

Listed with current price, original ask, and market time.

View Timeline
Current list
$199,000
Original list
$199,000
Price movement
No verified reduction
Listed / DOM
Sep 21, 2026 · 34 days

Tax Record

Public record data from county appraisal records. Market value can differ from assessed value.

Assessed Value
$283,472
Assessment Year
2025
Year Built
1983
Parcel ID
000000551252
$370K
$218K
$217,657
2021
$239,434
+10.0% from prev
2022
$270,847
+13.1% from prev
2023
$370,487
+36.8% from prev
2024
$283,472
-23.5% from prev
2025
YearTaxesTotal AssessmentLandAdditions
2025-23.5%
—$283,472——
2024+36.8%
—$370,487$19,719$343,447
2023+13.1%
—$270,847$19,719$350,768
2022+10.0%
—$239,434$19,719$251,128
2021
—$217,657$19,719$219,715
5-Year Change30.2%
Map showing 1601 Faro DR Unit #1404
1601 Faro DR Unit #1404
Directions

Zoned Schools

Del Valle ISD

1 High School1 Middle School1 Elementary School

Del Valle

High SchoolGrades 9-12Zoned assignment

Ojeda

Middle SchoolGrades 6-8Zoned assignment

Baty

ElementaryGrades K-5Zoned assignment

Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.

Principal & interest
$1,094
HOA dues
$492

Excluded from this estimate: property taxes and home insurance. Each requires verified amount, cadence or unit, source, and as-of details.

HOA source: MLS Grid / Unlock MLS, as of 2026-10-17T15:07:33.907+00:00; normalized from monthly dues.

20% ($40K)

Adjustable assumption - not a lending recommendation.

$199,000

Loan: $159K
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-22
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Keenan Market Position

A sourced read on Austin pricing, timing, and property scale. No automated valuation claim.

List price

$199,000

Price per sqft

$196/sqft

Vs. Neighborhood guide reference price

Not available

Days on market

34 days

Original to current

No verified reduction

$199K original

Active inventory context

Ask for current inventory

Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 17, 2026.

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Frequently Asked Questions

How much is 1601 Faro Dr Unit #1404?

1601 Faro Dr Unit #1404 is listed at $199,000 with 2 bedrooms, 2 full bathrooms, 1,017 square feet, 0.15-acre lot.

What school district is 1601 Faro Dr Unit #1404 in?

1601 Faro Dr Unit #1404 is zoned for Del Valle ISD with assigned schools: Baty (elementary), Ojeda (middle), Del Valle (high). School assignments should be verified directly with the district.

What are the property details for 1601 Faro Dr Unit #1404?

1601 Faro Dr Unit #1404 is a Residential built in 1983 featuring 2 bedrooms, 2 full bathrooms, 1,017 square feet, 0.15-acre lot.

How should a buyer estimate the monthly payment for 1601 Faro Dr Unit #1404?

This page does not assume a mortgage rate or publish a monthly payment for 1601 Faro Dr Unit #1404. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 1601 Faro Dr Unit #1404 compare with other homes in Austin?

As of Oct 17, 2026, 1601 Faro Dr Unit #1404 is offered at $199,000. The current MLS snapshot shows 37 active listings in 78741. Keenan Group has completed 6 verified transactions in 78741 within its 1,000+ completed transactions and $1B+ career volume across Austin.

When was 1601 Faro Dr Unit #1404 built?

1601 Faro Dr Unit #1404 was built in 1983 (43 years ago). Buyers should budget for potential updates to major systems.

What is the community structure at 1601 Faro Dr Unit #1404?

The MLS listing reports HOA or association dues of $492 monthly for 1601 Faro Dr Unit #1404. It does not establish included amenities, services, rules, reserves, or current assessments; verify those items in current association documents.

Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.

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Unlock MLSMLS GRID

Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 10/17/2026, 10:07:33 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Last updated: 10/17/2026, 10:07:33 AM

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