48 East Avenue, Unit 3203

Austin, TX 78701

$650,000
Price
1
Beds
1
Bath
641 Sq. Ft.
$1,014 / Sq. Ft.
641
Sq. Ft.
$1,014
per Sq. Ft.

Description

Income-producing property, fully furnished and ready for short-term rentals. The condo is almost always occupied, we have a good property management company. Great income potential. Currently yielding about $7k/month. This condominium residence is situated on the highest floor, boasting elegant hardwood flooring, a seamless glass shower, and expansive floor-to-ceiling windows that open onto a balcony with sweeping views of Downtown Austin. Nestled within the sought-after Rainey Street Historic District,...Income-producing property, fully furnished and ready for short-term rentals. The condo is almost always occupied, we have a good property management company. Great income potential. Currently yielding about $7k/month. This condominium residence is situated on the highest floor, boasting elegant hardwood flooring, a seamless glass shower, and expansive floor-to-ceiling windows that open onto a balcony with sweeping views of Downtown Austin. Nestled within the sought-after Rainey Street Historic District, it offers convenient access to an array of dining venues, vibrant bars, the serene Lady Bird Lake, and the scenic Ann and Roy Butler Hike & Bike Trail, all within walking distance. Additionally, it is just a few minutes away from downtown Austin. Included in the sale: one-car garage parking with 24-hour valet service, internet Wi-Fi, trash utilities, and high-end appliances such as a washer, dryer, refrigerator, TV, all furniture and silverware. Furthermore, residents enjoy a wealth of five-star amenities, including a 33rd-floor rooftop swimming pool and clubhouse, 10th-floor fitness facilities (comprising a fitness center, Peloton bike studios, outdoor workout area, and yoga studio), co-working spaces, a lobby coffee bar, outdoor terrace and garden with a rooftop fireplace, 24-hour valet parking, bike storage, a dedicated dog run, and a pet washing station. With a walk score of 84 and a transit score of 60, this condominium offers both convenience and luxury living.
  1. Listed by Viktoriia Jones • TREC #0671689 • @ properties Christie's International • (512) 368-8078

Property Details for 48 East Avenue, Unit 3203

Subdivision Name
Natiivo
Waterfront
No
Waterfront Description
None
Water Access Description
None
View
City Lights, City, Neighborhood
View YN
Yes
Parcel Number
48 East Ave
Elementary School
Mathews

Location

Listing Courtesy of @ properties Christie's International, Viktoriia Jones, TREC #0671689
Add your commute
LISTING UPDATED: 04/23/2024 04:33 AM

Property Details for 48 East Avenue, Unit 3203

StatusActive
MLS #4808943
Days on Market10
Taxes$12,443 / year
HOA Fees$538 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built2022
CountyTravis County

Location

Listing Courtesy of @ properties Christie's International, Viktoriia Jones, TREC #0671689
Add your commute

Building Information for 48 East Avenue, Unit 3203

Building/Complex48 East AveFloor-Stories1Residences-Pet Policy-Year Built2022

Payment Calculator

$5,122 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,547

Property Taxes

$1,037

HOA Dues

$538

The Payment Calculator is for illustrative purposes only.

Property Information for 48 East Avenue, Unit 3203

General Information
Parking
  • Garage Spaces: 1
  • Parking Total: 0
  • Parking Features: Garage, Guest, Valet
  • Garage: Yes
  • Covered Spaces: 1
Interior
  • Interior Features: Built-in Features, High Ceilings, Main Level Master, Quartz Counters, Storage, Walk-In Closet(s), High Speed Internet
  • Flooring: Tile, Wood
  • Appliances: Built-In Electric Oven, Built-In Oven, Built-In Refrigerator, Dryer, Dishwasher, Disposal, Microwave, Washer
  • Fireplace: No
  • Fireplaces Total: 0
  • Restrictions: No Restrictions
Exterior
  • Exterior Features: Balcony
  • New Construction: No
  • Construction Materials: Block, Glass, Concrete, Stone, Stucco
  • Foundation Details: Slab
  • Patio And Porch Features: None, Balcony
  • Roof: Concrete
  • Fencing: None
  • Direction Faces: Northwest
  • Window Features: Aluminum Frames
  • Accessibility Features: None
  • Community Features: Barbecue, Business Center, Bar/Lounge, Concierge, Clubhouse, Community Mailbox, Courtyard, Conference/Meeting Room, Dog Park, Fitness Center, Game Room, Internet Access, Pet Amenities, Pool, Rooftop Lounge
Property Information
Lot Information
  • Lot Features: Interior Lot
  • Horse: No
  • Horse Amenities: None
Location Information
  • Builder Name: Natiivo
Utilities
  • Cooling YN: Yes
  • Cooling: Central Air
  • Heating YN: Yes
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Above Ground Utilities
  • Water Source: Public
Room Information
Room 1
  • Room Type: Primary Bathroom
  • Room Level: Main
  • Room Features: Walk-In Shower
Room 2
  • Room Type: Laundry
  • Room Level: Main
  • Room Features: Storage
Room 3
  • Room Type: Kitchen
  • Room Level: Main
  • Room Features: Storage
Room 4
  • 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
Unit 4
  • Permission: IDX
Financial Information
Taxes and HOA Information
  • Association: Yes
  • Association Name: HOA
  • Association Fee Includes: Cable TV, Maintenance Grounds, Security, Trash
  • Association Amenities: Concierge
  • Tax Assessed Value: $689,000
  • Additional Parcels: No
  • Tax Year: 2022
  • Tax Rate: 2.19%
Showing Information
Showing Information
  • Security Features: Building Security, Fire Alarm, Fire Sprinkler System, 24 Hour Security, Smoke Detector(s)
  • Directions: From I35, exit Cesar Chavez. Take frontage road and turn right on Lambie St. Building will be on the left.

Property History for 48 East Avenue, Unit 3203

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 3203

Taxable ValueLand$36,323Additions$628,312Total$664,635
Tax Record2022$2,235 ($186 / month)
Home Facts
Beds0Total Finished SqFt641 SqFtAbove Grade Finished SqFt641 SqFtStories1StyleCondominiumYear Built2021CountyTRAVISAPN0203033042

Schools near 48 East Avenue, Unit 3203

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 3203 is a condo for sale in Austin, TX 78701. This property was listed for sale on April 23, 2024 by @ properties Christie's International, it's currently listed at $650,000. 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 3203 is a 1-bed, 1-bath, 641 sqft condo built in 2022.

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 @ properties Christie's International, Viktoriia Jones, TREC #0671689

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.