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48 East Ave #2309, Austin, TX 78701
$850,000
48 East Ave #2309, Austin, TX 78701View this property at 48 East Ave #2309, Austin, TX 78701
48 East Ave #2309AustinTX78701
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Property Description
Amazing price improvement on an Investor's dream opportunity at The Natiivo, a condominium hotel in downtown Austin! One of a kind in The Natiivo: where short term rentals allowed! Turnkey and ready to go! Located in the heart of the Rainey Street area, this attractively furnished 2 bedroom/2 bath condo on the shores of Lady Bird Lake has an outstanding rental history. Open living, dining, and kitchen area separate 2 spacious bedrooms with beautiful baths. All furnishings and art convey and ready to go. Fitness center with Peloton bikes. Dog park. Minutes from the hike and bike trail and the ATX downtown scene. This property had a net revenue for 2023 of $55K! All the amenities of a hotel plus valet parking, rooftop pool, and 24 hour security. Rental history and projections available
Full Property Details
Full Property Details for 48 East Ave #2309
General
- Price: $850,000
- HOA FEE: $1,082/month
- Taxes: $3,402 (2022)
- Status: Active
- Type: Condo
- MLS ID: 1158884
- Updated: 3/27/2024
- Added to Site: 362 day(s) ago
Interior
- Interior Features: Breakfast Bar, High Ceilings, Corain Counters, High Speed Internet, No Interior Steps, Open Floorplan, Primary Bedroom on Main, Recessed Lighting, Stackable W/D Connections, Walk-In Closet(s)
- Appliances: Built-In Refrigerator, Convection Oven, Cooktop, Dishwasher, Disposal, Microwave, RNGHD, Refrigerator, Washer/Dryer
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main: 2
Other Rooms
- Kitchen: Kitchn - Breakfast Area, Quartz Counters, Galley Type Kitchen, High Ceilings, Open to Family Room, Main
- Laundry: In Unit
Additional Information
- Shared Amenities: Common Grounds, Covered Parking, Dog Park, Fitness Center, High Speed Internet, Lock and Leave, Lounge, Pool, VALET, Walk/Bike/Hike/Jog Trail(s
- Security/Safety: 24 Hour Security, Building Security, Gated with Guard
- Other Features: None
Exterior
- Exterior Features: Balcony
- Deck/Patio: Covered, Deck
Parking
- Covered Spaces: 2
- Total Spaces: 2
- Parking Features: Concrete, Gated, Off Street, Secured, Unassigned, Valet
Location
- Area: DT
- County: Travis
- Subdivision: The Natiivo
- Driving Directions: Caesar Chavez east to IH 35. Turn right on the frontage road and stay to the right onto East Avenue.
- Direction Faces: SW
School Information
- Elem School District: Austin ISD
- Midd School District: Austin ISD
- High School District: Austin ISD
- Elementary School: Mathews
- Middle School: O Henry
- High School: Austin
Community
- Association: Yes
- Assoc. Name: Natiivo
- Assoc. Fees Include: Common Area Maintenance, Insurance, Landscaping, Maintenance Grounds, Security, Trash
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Internet-Cable, Sewer Connected, Water Connected
Structural Information
- Exterior Const.: Concrete
- Foundation: Slab
- Roof: See Remarks
- Windows: Drapes, Window Coverings
- Disability Access: None
- Square Feet: 982
- Living Area: 982 Sq. Ft.
- Year Built: 2021
- Property Condition: Resale
Additional Structures
- Other Structures: None
Lot Features
- Property View: Lake, See Remarks
- Lot Size (Acres): 0.0019
- Lot Size (Sq. Ft.): 82.76
- Lot Description: None
Water Features
- Water View: Yes
- Water Front View: None
Financial Considerations
- Lot Price Per Sq. Ft.: $10,270.66
- Association Fee: $1,082
- Assoc Fee Freq.: Monthly
- Tax Amount: $3,402.01
- Tax Year: 2022
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Documents Avail.: Income & Expense Statement, Leases
- Restrictions: Deed Restrictions
- Property ID: 2030329490000
Listed by Kuper Sotheby's Int'l Realty
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Schools
Schools serving 48 East Ave #2309
School District:Austin Independent School District
Rating | Name | Grades | Distance |
---|---|---|---|
906 W Lynn St, Austin, TX 78703 | PK-6 | 2 mi | |
2610 W 10th St, Austin, TX 78703 | 6-8 | 2.9 mi | |
1715 W Cesar Chavez St, Austin, TX 78703 | 9-12 | 2.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 48 East Ave #2309
Date
Details
Price
Change
Source
3/27/2024
Price Reduced
$850,000
-2.86%
MLS
2/19/2024
Price Reduced
$875,000
-2.67%
MLS
12/06/2023
Price Reduced
$899,000
-3.23%
MLS
11/04/2023
Price Reduced
$929,000
-2.72%
MLS
10/02/2023
Price Reduced
$955,000
-1.04%
MLS
9/05/2023
Price Reduced
$965,000
-1.53%
MLS
6/16/2023
Price Reduced
$980,000
-1.51%
MLS
5/01/2023
Listed
$995,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 48 East Ave #2309
48 East Ave #2309, Austin, TX 78701 (MLS# 1158884) is a Condo property with 2 bedrooms and 2 full bathrooms. 48 East Ave #2309 is currently listed for $850,000 and was received on May 01, 2023. Want to learn more about 48 East Ave #2309? Do you have questions about finding other Condo real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.