48 East Avenue, Unit 3005

Austin, TX 78701

$595,000
Price
1
Beds
1
Bath
706 Sq. Ft.
$843 / Sq. Ft.
706
Sq. Ft.
$843
per Sq. Ft.

Description

Rare opportunity to own an East facing 1-bedroom condo, ideally situated within walking distance of the vibrant Rainey Street entertainment district. This 30th floor condo unit is currently a full time, licensed short term rental making good income, but could easily be a lock and leave crash pad in the City. The modern condo epitomizes downtown living, with proximity to Lady Bird Lake, the Capitol, Austin-Bergstrom airport, and UT. Offering architectural marvels and captivating city vistas, this...Rare opportunity to own an East facing 1-bedroom condo, ideally situated within walking distance of the vibrant Rainey Street entertainment district. This 30th floor condo unit is currently a full time, licensed short term rental making good income, but could easily be a lock and leave crash pad in the City. The modern condo epitomizes downtown living, with proximity to Lady Bird Lake, the Capitol, Austin-Bergstrom airport, and UT. Offering architectural marvels and captivating city vistas, this unit boasts an open-concept layout with high ceilings, recessed lighting, and abundant natural light. Chic white walls complement warm luxury vinyl plank flooring, creating an inviting atmosphere. The well-appointed kitchen features stainless steel appliances, open-air shelving, and ample cabinet storage. The luxurious owner's suite offers panoramic city and lake views, along with a spa-like ensuite showcasing dual sinks and a lavish walk-in shower. Abundant storage and closets enhance functionality. Residents enjoy a plethora of amenities including a rooftop pool, fitness center, valet parking, lobby coffee shop, game room, and dog park. With easy access to hike and bike trails, kayak rentals, metro rail, and downtown attractions, this condo is perfect for those seeking an active urban lifestyle. Experience the best of Austin living, with eclectic dining, lively bars, and charming coffee shops just steps away on Rainey St. All furnishing currently at the property will convey, including refrigerator, washer/dryer, all furniture.

Property Details for 48 East Avenue, Unit 3005

Subdivision Name
Natiivo
Waterfront
No
Waterfront Description
None
Water Access Description
None
View
City, Panoramic
View YN
Yes
Parcel Number
02030330220000
Elementary School
Mathews

Location

Add your commute
LISTING UPDATED: 04/23/2024 03:50 AM

Property Details for 48 East Avenue, Unit 3005

StatusActive
MLS #2467622
Days on Market11
Taxes$9,987 / year
HOA Fees$483 / 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 3005

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

Payment Calculator

$4,562 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,247

Property Taxes

$832

HOA Dues

$483

The Payment Calculator is for illustrative purposes only.

Property Information for 48 East Avenue, Unit 3005

General Information
Parking
  • Garage Spaces: 1
  • Parking Total: 1
  • Parking Features: See Remarks, Covered, Electric Vehicle Charging Station(s), Guest
  • Garage: Yes
  • Covered Spaces: 1
Interior
  • Interior Features: Built-in Features, Double Vanity, High Ceilings, Main Level Master, Solid Surface Counters, Walk-In Closet(s), High Speed Internet
  • Flooring: Wood
  • Appliances: Cooktop, Washer/Dryer Stacked, Dishwasher, Electric Cooktop, Electric Oven, Free-Standing Refrigerator, Disposal
  • Fireplace: No
  • Fireplaces Total: 0
  • Laundry Features: Electric Dryer Hookup, Stacked
  • Restrictions: City Restrictions, Deed Restrictions, Restrictive Covenant, Zoning Restrictions
Exterior
  • Exterior Features: Barbecue
  • New Construction: No
  • Construction Materials: Glass
  • Foundation Details: Slab
  • Patio And Porch Features: None
  • Roof: Flat Tile
  • Fencing: None
  • Direction Faces: Southeast
  • Window Features: Blinds
  • Accessibility Features: Accessible Elevator Installed
  • Community Features: Business Center, Concierge, Common Grounds/Area, Clubhouse, Community Mailbox, Dog Park, Fitness Center, Game Room, Internet Access, Property Manager On-Site, Shopping
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 Connected, Electricity Connected, Fiber Optic Available, Water Connected
  • Water Source: Public
Room Information
Room 1
  • Room Type: Kitchen
  • Room Level: Main
  • Room Features: Solid Surface Counters
Room 2
  • Room Type: Primary Bathroom
  • Room Level: Main
  • Room Features: Walk-In Shower
Room 3
  • Room Type: Primary Bedroom
  • Room Level: Main
  • Room Features: Walk-In Closet(s)
Unit Information
Unit 1
  • Permission: IDX
Unit 2
  • Permission: IDX
Unit 3
  • Permission: IDX
Financial Information
Taxes and HOA Information
  • Association: Yes
  • Association Name: 48 East
  • Association Fee Includes: Common Area Maintenance, Cable TV, Maintenance Grounds, Maintenance Structure, Parking
  • Association Amenities: Concierge
  • Tax Assessed Value: $552,000
  • Additional Parcels: No
  • Tax Year: 2023
  • Tax Rate: 1.81%
Showing Information
Showing Information
  • Security Features: Building Security, Fire Sprinkler System
  • Directions: Go south on the I35 frontage road from Cesar Chavez. The when the road forks stay right. At the light turn right then left on East.

Property History for 48 East Avenue, Unit 3005

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 3005

Taxable ValueLand$40,329Additions$511,671Total$552,000
Tax Record2022$2,483 ($207 / month)
Home Facts
Beds0Total Finished SqFt706 SqFtAbove Grade Finished SqFt706 SqFtStories1StyleCondominiumYear Built2021CountyTRAVISAPN0203033022

Schools near 48 East Avenue, Unit 3005

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 3005 is a condo for sale in Austin, TX 78701. This property was listed for sale on April 23, 2024, it's currently listed at $595,000. 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 3005 is a 1-bed, 1-bath, 706 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.