48 East Avenue, Unit 2309

Austin, TX 78701

$850,000
Price
2
Beds
2
Baths
982 Sq. Ft.
$866 / Sq. Ft.
982
Sq. Ft.
$866
per Sq. Ft.

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...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
  1. Listed by Camille Abbott • TREC #0338824 • Kuper Sotheby's Int'l Realty • (512) 261-0008

Property Details for 48 East Avenue, Unit 2309

Subdivision Name
The Natiivo
Waterfront
No
Waterfront Description
None
Water Access Description
None
View
Lake
View YN
Yes
Parcel Number
02030329490000
Elementary School
Mathews

Location

Listing Courtesy of Kuper Sotheby's Int'l Realty, Camille Abbott, TREC #0338824
Add your commute
LISTING UPDATED: 05/01/2023 11:01 AM

Property Details for 48 East Avenue, Unit 2309

StatusActive
MLS #1158884
Days on Market364
Taxes$3,402 / year
HOA Fees$1,082 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built2021
CountyTravis County

Location

Listing Courtesy of Kuper Sotheby's Int'l Realty, Camille Abbott, TREC #0338824
Add your commute

Building Information for 48 East Avenue, Unit 2309

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

Payment Calculator

$6,004 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,639

Property Taxes

$284

HOA Dues

$1,082

The Payment Calculator is for illustrative purposes only.

Property Information for 48 East Avenue, Unit 2309

General Information
Parking
  • Garage Spaces: 2
  • Parking Total: 2
  • Parking Features: Concrete, Gated, Off Street, Secured, Unassigned, Covered, Valet
  • Garage: Yes
  • Covered Spaces: 2
Interior
  • Interior Features: Breakfast Bar, High Ceilings, Main Level Master, No Interior Steps, Open Floorplan, Recessed Lighting, Solid Surface Counters, Walk-In Closet(s), High Speed Internet
  • Flooring: Tile, Wood
Exterior
  • Exterior Features: Balcony
  • New Construction: No
  • Construction Materials: Concrete
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Deck, Balcony
  • Roof: See Remarks
  • Fencing: None
  • Direction Faces: Southwest
  • Window Features: Drapes, Window Coverings
  • Accessibility Features: None
  • Community Features: Bar/Lounge, Common Grounds/Area, Dog Park, Fitness Center, Internet Access, Pool, Trails/Paths
Property Information
Lot Information
  • Lot Features: None
  • Horse: No
  • Horse Amenities: None
Utilities
  • Cooling YN: Yes
  • Cooling: Central Air
  • Heating YN: Yes
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Public
Green Features
  • Green Energy Efficient: Windows
Room Information
Room 1
  • Room Type: Primary Bathroom
  • Room Level: Main
  • Room Features: En Suite Bathroom, High Ceilings, Quartz Counters, Separate Shower, Walk-In Shower
Room 2
  • Room Type: Kitchen
  • Room Level: Main
  • Room Features: Breakfast Area, Galley Kitchen, High Ceilings, Kitchen/Family Room Combo, Quartz Counters
Room 3
  • Room Type: Primary Bedroom
  • Room Level: Main
  • Room Features: Ceiling Fan(s), En Suite Bathroom
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
  • Association Fee Includes: Common Area Maintenance, Insurance, Maintenance Grounds, Security, Trash
  • Tax Assessed Value: $172,261
  • Additional Parcels: No
  • Tax Year: 2022
  • Tax Rate: 1.97%
Showing Information
Showing Information
  • Security Features: Building Security, Gated with Guard, 24 Hour Security
  • Directions: Caesar Chavez east to IH 35. Turn right on the frontage road and stay to the right onto East Avenue.

Property History for 48 East Avenue, Unit 2309

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 2309

Taxable ValueLand$55,262Additions$830,589Total$885,851
Tax Record2022$3,402 ($284 / month)
Home Facts
Beds0Total Finished SqFt982 SqFtAbove Grade Finished SqFt982 SqFtStories1StyleCondominiumYear Built2021CountyTRAVISAPN0203032949

Schools near 48 East Avenue, Unit 2309

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 2309 is a condo for sale in Austin, TX 78701. This property was listed for sale on May 1, 2023 by Kuper Sotheby's Int'l Realty, it's currently listed at $850,000. 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 2309 is a 2-bed, 2-bath, 982 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.

Listing Courtesy of Kuper Sotheby's Int'l Realty, Camille Abbott, TREC #0338824

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.