Active

48 East Ave # 2309

Austin TX, 78701

$850,000


$865.58 per sqft

Active

2 Beds

2 Baths

982 sqft

Condo

Built in 2021

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

1158884

MLS ID

May 1, 2023

Listed

May 9, 2024

Updated

Map

48 East Ave # 2309
Austin TX, 78701

Interior Features

Total Stories

1


Bedrooms

2


Total Bathrooms

2


Interior Features

Breakfast Bar, High Ceilings, Corain Counters, High Speed Internet, No Interior Steps, Open Floorplan, Primary Bedroom on Main, Recessed Lighting, Stackable W/D Connections, Walk-In Closet(s)


Appliances

Built-In Refrigerator, Convection Oven, Cooktop, Dishwasher, Disposal, Microwave, RNGHD, Refrigerator, Washer/Dryer


Floor Description

Tile, Wood


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0 Acres


Exterior Features

Balcony


Lot Features

None


Roof

See Remarks


Sewer

Public Sewer

School Information

School District

Austin ISD


High School

Austin


Elementary School

Mathews

Other Property Details

Area Name

DT


Taxes

$3,402


Tax Frequency

Annually


Association Fee

$1,082


Association Fee Frequency

Monthly


Garage

Yes


Garage Spaces

2


Parking

Concrete, Gated, Off Street, Secured, Unassigned, Valet


View

Yes


View Description

Lake, See Remarks


County

Travis


Water Source

Public


Pool

No


Pool Features

None


Buyer Agency Compensation

3%

Listing History

Date

Event

Price

3/27/2024

Price Change

$850,000

-3%

2/19/2024

Price Change

$875,000

-3%

12/6/2023

Price Change

$899,000

-4%

11/4/2023

Price Change

$929,000

-3%

10/2/2023

Price Change

$955,000

-2%

9/6/2023

Price Change

$965,000

-2%

6/16/2023

Price Change

$980,000

-2%

Courtesy of Kuper Sotheby's Int'l Realty

Listing Contact: (512) 261-0008

Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Austin/Central Texas Realty Information Service.

Listings courtesy of ACTRIS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of ©2024 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Database last updated 12:37 AM UTC, 5/9/2024

 

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