Description for
48 E East Ave #3203Austin, TX 78701
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.
Price
$650,000
Natiivo
Travis
1
1 Full
641 (approx)
4808943
Active
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, 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.
Listing Information
Property Type: Condo, Townhouse, 1 Story, Condo
1
1 Full
641 (approx)
2022
Yes-1 space
1
Block,Stone,Stucco
Natiivo
Natiivo
Slab
Public
Public Sewer
Neighborhood
School Information
Mathews
O Henry
Austin
Room Information
Bathrooms
1
Storage
Storage
Interior Features
Oven, Built-In Electric Oven, Built-In Refrigerator, Dishwasher, Disposal, Microwave, Washer/Dryer
Tile, Wood
Central Air
Other,Central
Aluminum Frames
Smoke Detector(s), 24 Hour Security, Building Security, Fire Alarm, Fire Sprinkler System
Built-in Features, High Ceilings, Storage, Walk-In Closet(s)
Exterior / Lot Features
1 Garage Spaces,Garage
Stucco, Stone, Block
None
Concrete
None
City, Other, City
Balcony,Interior Lot
Community Features
Smoke Detector(s), 24 Hour Security, Building Security, Fire Alarm, Fire Sprinkler System
Driving Directions
From I35, exit Cesar Chavez. Take frontage road and turn right on Lambie St. Building will be on the left.
Financial Considerations
$538 Monthly
48 East Ave
$12,443
Cash, Conventional, FHA, VA Loan
Listing Price History
Austin Real Estate
Austin is located in Texas.
Austin, Texas 78701 has a population of 986,248.
The median household income in Austin, Texas 78701 is
$124,050.
The median household income for the surrounding county is $83,177
compared to the national median of $66,222.
The median age of people living in Austin 78701 is 36 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
Street Address
City
Beds
Baths
Sold Price
Sold Date
No information is available for recently sold properties within this search.