ActiveResidential · sale

4500 Oltorf

Austin, TX 78741

$193,000

  • 2 beds
  • 2 baths
  • 1,004 sq ft
  • 0.07 acres
  • Built 1985

Listed by Christies Intl Real Estate Lone Star · MLS #ACT8071745

A FEW THINGS TO NOTICE

What stands out.

Living spaces

The living room, dining area, and kitchen flow together in one open-concept space, creating a layout that keeps everything within reach.

Details worth a look

This main-floor Monaco Condo, in 78741, features 2 bedrooms and 2 full bathrooms with a large primary closet and rare, private oversized patio and quick access to SOCO, the Hike and Bike Trail, and downtown Austin.

Year built

Built in 1985.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

This main-floor Monaco Condo, in 78741, features 2 bedrooms and 2 full bathrooms with a large primary closet and rare, private oversized patio and quick access to SOCO, the Hike and Bike Trail, and downtown Austin. Located in a prime location in the community, this first-floor unit offers a connected layout and an easy Central Austin lifestyle, where outdoor access, nearby dining, and a short commute into the city all come together in one location. The living room, dining area, and kitchen flow together in one open-concept space, creating a layout that keeps everything within reach. The kitchen is positioned just off the main living area and includes tile countertops and backsplash, a stainless electric range, built-in microwave, and a breakfast counter for casual seating or prep space. A sliding glass door from the living and dining area leads directly to the back patio, bringing in natural light and extending the main living space outdoors. Set toward the back of the unit, the primary suite has its own sliding glass door to the patio, along with a large walk-in closet and an ensuite bathroom. The second bedroom is similar in size and sits with direct access to the guest bathroom, giving both rooms a comfortable and functional setup. A laundry closet with space for full-size machines is located inside. Vinyl plank flooring runs throughout the main areas, with tile in the kitchen and bathrooms. The rare, oversized patio stands out, offering a fully fenced space with xeriscape landscaping and no rear neighbors. It creates a quiet outdoor area that feels separate from surrounding units and adds another place to spend time throughout the day. Living in Monaco places you less than 6 minutes from SOCO, 5 miles to Downtown Austin and UT, and just blocks from the Hike and Bike Trail. With quick access to Riverside Drive and I-35, this location keeps daily routines, outdoor time, and some of Austin’s most recognized dining and entertainment options all within close reach.

THE NEIGHBORHOOD

Explore the location.

4500 Oltorf, Austin, TX 78741

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1985
Full baths
2
Half baths
0
Garage spaces
0
Cooling
Ceiling Fan(s), Central Air
Heating
Central, Electric
Appliances
Dishwasher, Disposal, Microwave, Free-Standing Electric Range, Stainless Steel Appliance(s)
Flooring
Tile, Vinyl
Fencing
Fenced, Wrought Iron
Accessibility
None
Pool features
None
Subdivision
Monaco Condo
Parcel
03100805030010
HOA
Monaco Condo
HOA amenities
Common Area Maintenance, Insurance, Maintenance Grounds, Maintenance Structure, Sewer, Trash, Water
HOA fee frequency
Monthly
Elementary school
Smith
Middle school
Ojeda
High school
Del Valle
Annual property tax
$4,303.48
HOA fee
$291.45

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase$-69.31
Estimated monthly rent$804.17
Cap rate-0.18%

Annual operating income: $-349.25

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Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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4500 Oltorf, Austin, TX 78741 · MLS #ACT8071745

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Listing information

MLS #ACT8071745 · Austin Board of Realtors

Listing brokerage: Christies Intl Real Estate Lone Star
Listing agent: Henry Valles

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.