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Keenan Group#1 Austin Board of Realtors Team 2024

$149,800

1Beds
1Baths
736Sq Ft

1601 Faro Dr Unit #2403, Austin, TX 78741

Reduced 21%$190,000
Austin·MLS# 2772323·Built 1983·245 days on market

1 bed, 1 bath, 736 sqft in Austin. Austin, TX 78741. $149,800. Del Valle ISD.

About This Home

BOM! Buyer was approved, all inspections done, ready to close, then buyer had health-related family emergency and was unable to go forward. Seller would love to cash out but will consider owner financing for right buyer. Long-term owner lovingly maintained the unit and made numerous improvements, including wood-look tile flooring, kitchen with new countertops, paint, and popcorn-free ceilings! Complex is quiet with a lot of land and many shade trees. HOA dues cover water, trash, and exterior upkeep. Lovely pool. Covered patio in back is a great place for coffee in the morning and relaxing at the end of the day. NOTE: complex is non-warrantable at this time but is in the process of getting approved for FHA financing.

Property Type
Residential
Year Built
1983
Price / Sq Ft
$204
HOA
$358.71/mo

Listing information last updated August 29, 2026.

Listed by Moreland Properties

MLS# 2772323 • Active

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

Highlights

Ceiling-Vaulted
Primary Bedroom on Main
Electric Range
Refrigerator
Washer
Trees-Large (Over 40 Ft)

Facts & Features

Interior

Features

  • Ceiling-Vaulted
  • Primary Bedroom on Main

Appliances

  • Dryer
  • Electric Range
  • Refrigerator
  • Washer

Flooring

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

Construction

  • Brick Veneer
  • Frame

Lot Features

  • Trees-Large (Over 40 Ft)

Fencing

  • Back Yard
  • Wood

Foundation

  • Slab
Roof
Composition

Parking

  • Outside
Financial
HOA Fee
$359 / mo
Original List Price
$190,000
Price per Sq Ft
$204
Utilities
  • Electricity Connected
Water Source
Public
Sewer
Public Sewer

Transaction History

1 record on file

Every recorded listing, sale, and lease at 1601 Faro DR Unit #2403, whoever represented it.

  1. ActiveListed 2026
    Current price: $149,800Original list: $190,000MLS 2772323
    1. Price changed · March 4, 2026$179,000
    2. Price changed · April 11, 2026$159,000
    3. Price changed · May 23, 2026$149,800

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
$149,800
Original list
$190,000
Price movement
$40.2K reduction
Listed / DOM
Feb 13, 2026 · 245 days

Tax Record

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

Assessed Value
$220,851
Assessment Year
2025
Year Built
1983
Parcel ID
000000551229
$264K
$158K
$158,066
2021
$170,479
+7.9% from prev
2022
$192,986
+13.2% from prev
2023
$264,365
+37.0% from prev
2024
$220,851
-16.5% from prev
2025
YearTaxesTotal AssessmentLandAdditions
2025-16.5%
—$220,851——
2024+37.0%
—$264,365$13,088$242,266
2023+13.2%
—$192,986$13,088$251,277
2022+7.9%
—$170,479$13,088$179,898
2021
—$158,066$13,088$157,391
5-Year Change39.7%

Virtual Tour

Virtual tour of 1601 Faro Dr Unit #2403
Map showing 1601 Faro DR Unit #2403
1601 Faro DR Unit #2403
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
$830
HOA dues
$359

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 2026-10-15T12:02:03.657+00:00; normalized from monthly dues.

20% ($30K)

Adjustable assumption - not a lending recommendation.

$149,800

Loan: $120K
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-15
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Keenan Market Position

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

List price

$149,800

Price per sqft

$204/sqft

Vs. Neighborhood guide reference price

Not available

Days on market

245 days

Original to current

$40.2K reduction

$190K original

Active inventory context

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Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.

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Frequently Asked Questions

How much is 1601 Faro Dr Unit #2403?

1601 Faro Dr Unit #2403 is listed at $149,800 with 1 bedrooms, 1 full bathrooms, 736 square feet.

What school district is 1601 Faro Dr Unit #2403 in?

1601 Faro Dr Unit #2403 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 #2403?

1601 Faro Dr Unit #2403 is a Residential built in 1983 featuring 1 bedrooms, 1 full bathrooms, 736 square feet.

What are the property taxes for 1601 Faro Dr Unit #2403?

The most recent annual property tax for 1601 Faro Dr Unit #2403 is $4,967. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.

How should a buyer estimate the monthly payment for 1601 Faro Dr Unit #2403?

This page does not assume a mortgage rate or publish a monthly payment for 1601 Faro Dr Unit #2403. 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 #2403 compare with other homes in Austin?

As of Oct 15, 2026, 1601 Faro Dr Unit #2403 is offered at $149,800. The current MLS snapshot shows 38 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 #2403 built?

1601 Faro Dr Unit #2403 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 #2403?

The MLS listing reports HOA or association dues of $359 monthly for 1601 Faro Dr Unit #2403. 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.

Why Choose the #1 Austin Board Team for Austin

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

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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.

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Last updated: 10/15/2026, 7:02:03 AM

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