48 East Ave #2309, Austin TX, 78701
(Active)
$850,000
|
2 beds, 2 Full baths, 982 sqft
|
MLS# 1158884
Last Updated: 5/9/2024 3:13 AM
Description for
48 East Ave #2309
Austin, TX 78701
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
Price
$850,000
The Natiivo
Travis
2
2 Full
982 (approx)
1158884
Active
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 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
Listing Information
| Property Type: Condo, Townhouse, 1 Story, Condo | ||
| 2 | 2 Full | |
| 982 (approx) | 2021 | Yes-2 spaces |
| 1 | Other | |
The Natiivo
Slab
Public
Public Sewer
Electricity Connected, Sewer Connected, Water Connected
Neighborhood
School Information
| Mathews | O Henry | Austin |
Room Information
| Bathrooms | |||
| 2 | |||
High Ceilings
Interior Features
Built-In Refrigerator, Convection Oven, Cooktop, Dishwasher, Disposal, Microwave, Refrigerator, Washer/Dryer
Tile, Wood
Central Air
Other,
Central
Drapes, Window Coverings
Windows
24 Hour Security, Building Security, Gated with Guard
Breakfast Bar, High Ceilings, High Speed Internet, Open Floorplan, Recessed Lighting, Walk-In Closet(s)
Exterior / Lot Features
2 Garage Spaces,
2 Parking Spaces,
Concrete, Gated, Off Street, Secured, Unassigned, Valet
Other
Covered, Deck
None
Lake
Balcony
Community Features
24 Hour Security, Building Security, Gated with Guard
Driving Directions
Caesar Chavez east to IH 35. Turn right on the frontage road and stay to the right onto East Avenue.
Financial Considerations
| $1,082 Monthly |
| 02030329490000 |
| $3,402 |
Cash, Conventional
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 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| No information is available for recently sold properties within this search. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 3/27/2024 | Active | $850,000 USD -2.86% |
|
| 2/19/2024 | Active | $875,000 USD -2.67% |
|
| 12/6/2023 | Active | $899,000 USD -3.23% |
|
| 11/4/2023 | Active | $929,000 USD -2.72% |
|
| 10/2/2023 | Active | $955,000 USD -1.04% |
|
| 9/5/2023 | Active | $965,000 USD -1.53% |
|
| 6/16/2023 | Active | $980,000 USD -1.51% |
|
| 5/1/2023 | Active | $995,000 USD |
|
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2022 | $3,402 USD | - | $885,851 USD | - |