48 East Avenue, Unit 1207

Austin, TX 78701

$590,000
Price
1
Beds
1
Bath
699 Sq. Ft.
$844 / Sq. Ft.
699
Sq. Ft.
$844
per Sq. Ft.

Description

Seller financing available, starting at 5.875%! Buyers approved for 450k+ at current rates can afford a much more expensive unit with seller’s competitive rates. Buyer must be pre-approved with Leahy Lending, one of Austin’s top lenders. Lower closing costs, no points, quick close. Discover the seamless blend of convenience and style at the Natiivo, renowned for its unique status as the only condominium complex legally zoned for short-term rentals (STR). Built in 2021, this fully furnished one-bedroom...Seller financing available, starting at 5.875%! Buyers approved for 450k+ at current rates can afford a much more expensive unit with seller’s competitive rates. Buyer must be pre-approved with Leahy Lending, one of Austin’s top lenders. Lower closing costs, no points, quick close. Discover the seamless blend of convenience and style at the Natiivo, renowned for its unique status as the only condominium complex legally zoned for short-term rentals (STR). Built in 2021, this fully furnished one-bedroom gem stands out, nestled in the vibrant heart of Rainey Street. Its prime location is unmatched, placing you at the center of a lively district renowned for its trendy eateries and bustling nightlife, yet offering tranquility and breathtaking views from the comfort of your covered balcony.
The interior boasts wide plank flooring that stretches across each room, creating a seamless and elegant aesthetic. The kitchen features sleek European styling with Quartz countertops, stainless steel appliances and open shelving that adds a contemporary flair. Enormous windows coupled with lofty ceilings flood the space with natural light.
The balcony offers a private outdoor retreat accessible from both the living area and bedroom, promising serene views at any moment. The potential for an attractive return on investment is highlighted by exceptional nightly rental rates, thanks to the condo's strategic location and legal zoning for STR.
Amenities are unparalleled, designed to cater to every aspect of modern living: 24-hour concierge service, valet parking for easy comings and goings, and a fitness suite that includes a gym, yoga, and cycle studio. The rooftop swimming pool, complete with shaded cabanas, offers a luxurious escape, while the dog park, club room, and bar provide additional spaces for relaxation and socialization.

Listing Agent

  1. Matt Holm

    Matt Holm

    Listing Agent

    Compass

    TREC #0585248

    matt.holm@compass.com

    P: 512.769.1695

Property Details for 48 East Avenue, Unit 1207

Subdivision Name
Natiivo
Waterfront
No
Waterfront Description
None
Water Access Description
None
Parcel Number
02030328260000
Elementary School
Mathews
Elementary School District
Austin ISD
Middle Or Junior School
O Henry

Location

Add your commute
LISTING UPDATED: 03/12/2024 08:37 AM

Property Details for 48 East Avenue, Unit 1207

StatusActive
MLS #1655428
Days on Market76
Taxes$13,109 / year
HOA Fees$735 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built2021
CountyTravis County

Location

Add your commute

Building Information for 48 East Avenue, Unit 1207

Building/Complex48 East AveFloor-Stories1Residences-Pet Policy-Year Built2021

Payment Calculator

$5,047 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,220

Property Taxes

$1,092

HOA Dues

$735

The Payment Calculator is for illustrative purposes only.

Property Information for 48 East Avenue, Unit 1207

General Information
Parking
  • Garage Spaces: 1
  • Parking Total: 1
  • Parking Features: Covered, Garage, Valet
  • Garage: Yes
  • Covered Spaces: 1
Interior
  • Interior Features: High Ceilings, Main Level Master, Quartz Counters
  • Flooring: Terrazzo, Vinyl
  • Appliances: Cooktop, Dryer, Dishwasher, Refrigerator, Washer
  • Fireplace: No
  • Fireplaces Total: 0
  • Laundry Features: Laundry Closet
  • Restrictions: City Restrictions, Deed Restrictions, Restrictive Covenant
Exterior
  • Exterior Features: Balcony
  • New Construction: No
  • Construction Materials: Concrete
  • Foundation Details: Slab
  • Patio And Porch Features: See Remarks, Balcony
  • Roof: See Remarks
  • Fencing: See Remarks
  • Direction Faces: Southeast
  • Window Features: See Remarks
  • Accessibility Features: None
  • Community Features: Clubhouse, Dog Park, Fitness Center, Pool
Property Information
Lot Information
  • Lot Features: City Lot
  • Horse: No
  • Horse Amenities: None
Utilities
  • Cooling YN: Yes
  • Cooling: Central Air
  • Heating YN: Yes
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Water Available
  • Water Source: Public
Room Information
Room 1
  • Room Type: Primary Bathroom
  • Room Level: Main
  • Room Features: Walk-In Shower
Room 2
  • Room Type: Kitchen
  • Room Level: Main
  • Room Features: Eat-in Kitchen, Galley Kitchen, Quartz Counters
Room 3
  • Room Type: Primary Bedroom
  • Room Level: Main
  • Room Features: High Ceilings
Unit Information
Unit 1
  • Permission: IDX
Unit 2
  • Permission: IDX
Unit 3
  • Permission: IDX
Financial Information
Taxes and HOA Information
  • Association: Yes
  • Association Name: Natiivo HOA
  • Association Fee Includes: Electricity, Water
  • Tax Assessed Value: $724,566
  • Additional Parcels: No
  • Tax Year: 2023
  • Tax Rate: 1.80%
Showing Information
Showing Information
  • Security Features: 24 Hour Security
  • Directions: Take Cesar Chavez to Access road of IH-35. Continue straight on East Ave

Property History for 48 East Avenue, Unit 1207

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 48 East Avenue, Unit 1207

Taxable ValueLand$39,401Additions$685,165Total$724,566
Tax Record2022$2,450 ($204 / month)
Home Facts
Beds0Total Finished SqFt699 SqFtAbove Grade Finished SqFt699 SqFtStories1StyleCondominiumYear Built2021CountyTRAVISAPN0203032826

Schools near 48 East Avenue, Unit 1207

This home is within Austin Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 8 to 12
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Mathews Elementary School
PublicPK to 6

Phoenix Academy
Public8 to 12

Austin High School
Public9 to 12

Metz Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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48 East Avenue, Unit 1207 is a condo for sale in Austin, TX 78701. This property was listed for sale on March 12, 2024 by Compass, it's currently listed at $590,000. This listing's school district is Austin Independent School District. Nearby schools include Mathews Elementary School, Phoenix Academy and Austin High School. 48 East Avenue, Unit 1207 is a 1-bed, 1-bath, 699 sqft condo built in 2021.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2024] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.