48 East Avenue, Unit 1509

Austin, TX 78701

$899,000
Last List Price
2
Beds
2
Baths
982 Sq. Ft.
$915 / Sq. Ft.
982
Sq. Ft.
$915
per Sq. Ft.

Description

YOU CAN BUY THIS $899K home for the same payment as a $760K home. UPGRADE into this Home. SELLER FINANCING AVAILABLE with MUCH lower than market rates. Buyer can get a rate between 4.99% to 5.99% depending on down payment, and SAVE $37K in closing costs. MINIMUM of 20% down and Buyer must get pre-approved with Leahy Lending for seller financing consideration. NO formal underwriting, MUCH lower closing costs, NO discount points, close as fast as 10 days – Experience how lending should be done.
Nestled
...YOU CAN BUY THIS $899K home for the same payment as a $760K home. UPGRADE into this Home. SELLER FINANCING AVAILABLE with MUCH lower than market rates. Buyer can get a rate between 4.99% to 5.99% depending on down payment, and SAVE $37K in closing costs. MINIMUM of 20% down and Buyer must get pre-approved with Leahy Lending for seller financing consideration. NO formal underwriting, MUCH lower closing costs, NO discount points, close as fast as 10 days – Experience how lending should be done.
Nestled in the vibrant Rainey Street district, this 2-bedroom, 2-bathroom condo in the Natiivo highrise offers a seamless blend of hotel-inspired living with the comforts of home. This 982 sqft unit is distinguished by its dual opportunity: a luxury residence and a potential income generator, thanks to its unique short-term rental policy that doesn’t require a license. Comes with one complimentary valet parking spot and a 2nd one for $1800/year.

The condo unfolds into an open-plan living, dining, and kitchen area, designed for both entertaining and daily comfort. The layout smartly separates two generously sized bedrooms, each accompanied by elegantly appointed bathrooms, ensuring privacy and tranquility. The space is enhanced with high-end finishes and comes fully furnished, reflecting both style and functionality.

Built in 2021, Natiivo doesn't skimp on amenities. Residents benefit from 24-hour concierge service, valet parking, and an array of wellness and leisure facilities. The highlight is a resort-style rooftop pool and lounge area, promising stunning views and a sublime escape from the urban hustle. Additional amenities include a state-of-the-art fitness center, Peloton studios, a yoga studio, and conference rooms. For added convenience, a wine and coffee bar is located on the first floor, catering to both your caffeine fix and evening unwind needs.

Listing Agent

  1. Matt Holm

    Matt Holm

    Listing Agent

    Compass

    TREC #0585248

    matt.holm@compass.com

    P: (512)-769-1695

Property Details for 48 East Avenue, Unit 1509

Subdivision Name
Natiivo
Waterfront
Yes
Waterfront Description
Lake Front, See Remarks
Water Access Description
Lake Front, See Remarks
View YN
Yes
Parcel Number
48 East Ave #1509
Tax Lot
A
Elementary School
Mathews
LISTING UPDATED: 10/07/2024 04:02 PM

Property Details for 48 East Avenue, Unit 1509

StatusClosed
MLS #5437535
Days on Market140
Taxes$18,415 / year
HOA Fees$807 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built2020
CountyTravis County

Virtual Tour

Building Information for 48 East Avenue, Unit 1509

Building/Complex48 East AveFloor-Stories1Residences-Pet Policy-Year Built2020

Property Information for 48 East Avenue, Unit 1509

General Information
Parking
  • Garage Spaces: 1
  • Parking Total: 1
  • Parking Features: Attached, Garage, See Remarks, Valet, Covered, Guest
  • Garage: Yes
  • Covered Spaces: 1
Interior
  • Interior Features: Double Vanity, Eat-in Kitchen, Elevator, High Ceilings, Main Level Master, Multiple Primary Suites, See Remarks, Walk-In Closet(s), High Speed Internet
  • Flooring: Terrazzo, Tile, Wood
Exterior
  • Exterior Features: Balcony
  • New Construction: No
  • Construction Materials: Concrete
  • Foundation Details: Slab
  • Patio And Porch Features: None, Balcony
  • Water Body Name: Lady Bird Lake
  • Roof: Concrete
  • Fencing: None
  • Direction Faces: South
  • Window Features: Window Treatments
  • Accessibility Features: None
  • Community Features: Barbecue, Bicycle Storage, Concierge, Clubhouse, Dog Park, Fitness Center, Internet Access, Pool, Rooftop Lounge, See Remarks
Property Information
Lot Information
  • FEMA Flood Plain: No
  • Lot Features: Views
  • Horse: No
  • Horse Amenities: None
Location Information
  • Builder Name: Pearlstone/Newgaurd
Utilities
  • Cooling YN: Yes
  • Cooling: Central Air
  • Heating YN: Yes
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Cable Available, Cable Connected, Electricity Available, High Speed Internet Available, Phone Available, Sewer Available, See Remarks, Water Available
  • Water Source: Public
Room Information
Room 1
  • Room Type: Kitchen
  • Room Level: Main
  • Room Features: See Remarks
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 Shower
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, Insurance, Internet, Parking, Trash
  • Association Amenities: Concierge
  • Tax Assessed Value: $962,563
  • Additional Parcels: No
  • Tax Year: 2023
  • Tax Rate: 1.80%
Showing Information
Showing Information
  • Security Features: Building Security, Controlled Access
  • Directions: The sales center is located at 219 West 4th Street. Corner of 4th and Lavaca.

Property History for 48 East Avenue, Unit 1509

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 1509

Taxable ValueLand$55,262Additions$962,563Total$1,017,825
Tax Record2022$3,402 ($284 / month)
Home Facts
Beds0Total Finished SqFt982 SqFtAbove Grade Finished SqFt982 SqFtStories1StyleCondominiumYear Built2021CountyTRAVISAPN0203032861

Schools near 48 East Avenue, Unit 1509

This home is within Austin Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 6 to 8
Public - 9 to 12
Public - 3
Rating
School
Distance
Mathews Elementary School
PublicPK to 6

O Henry Middle School
Public6 to 8

Austin High School
Public9 to 12

Daep- El
Public3

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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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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

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.