1 /
40
Map
$515,000
●
Condo -
In Contract
48 East Ave #1502
Austin, TX 78701
Studio
1 Bath
450 Sqft
$3,601
Estimated Monthly
$369
HOA / Fees
1.68%
Cap Rate
About This Property
Investor Opportunity: Seize the chance to acquire a deluxe unit in
Natiivo – a fully furnished, short-term rental property with a
robust rental history and impressive average occupancy rate full of
bookings in March, April & beyond. Situated on the 15th floor, this
studio layout unit spans 447 square feet and offers captivating
north-facing views. Natiivo stands out as a unique high-rise luxury
condo/hotel, fully sanctioned for Airbnb, short-term rentals, and
hotel stays. Its distinguished features include a rooftop pool, a
spacious gym, a dedicated spin room, various lounging areas for
relaxation and privacy, a private boardroom, concierge service, and
a front desk.The unit is sold turn-key, inclusive of all
furnishings, ensuring convenience for the new owner. For inquiries
or to schedule viewings, kindly contact the listing agent. Please
note that showings must be arranged in advance to accommodate guest
occupancy. The provided photos offer an accurate portrayal of the
unit's features and amenities.
Unit Size
450Ft²
Days on Market
-
Land Size
0.00 acres
Price per sqft
$1,144
Property Type
Condo
Property Taxes
$703
HOA Dues
$369
Year Built
1973
Listed By
Last updated: 12 days ago (Unlock MLS #ACT1928511)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
May 3, 2024 | In contract | - | |
In contract | |||
Feb 8, 2024 | Listed by Keller Williams Realty | $515,000 | |
Listed by Keller Williams Realty | |||
Sep 15, 2023 | No longer available | - | |
No longer available | |||
Jun 21, 2023 | Listed by Keller Williams Realty International | $550,000 | |
Listed by Keller Williams Realty International | |||
|
|||
Investor Opportunity to buy a luxury unit in the Natiivo - a
turn-key, short term rental with strong rental history. Current
rental averages occupancy of 93% and average spring rental income
of $3600/monthly. Owner willing to offer OWNER FINANCING with
strong downpayment and favorable interest rate. This unit is on the
15th floor with north-facing views and is the studio layout at
447sqft. This high-rise luxury condo/hotel is a one-of-a-kind,
fully permitted and approved building for…
|
Property Highlights
Garage
Parking Available
Elevator
Doorman
Air Conditioning
With View
Parking Details
Covered Spaces: 1
Total Number of Parking: 1
Parking Features: Assigned
Garage Spaces: 1
Interior Details
Bathroom Information
Full Bathrooms: 1
Interior Information
Interior Features: Primary Bedroom on Main, Recessed Lighting
Appliances: Cooktop, Dishwasher, Disposal, Exhaust Fan, Microwave, Electric Oven, Range
Flooring Type: Laminate, Wood
Cooling: Central Air, Electric
Heating: Central, Electric
Living Area: 450
Room 1
Level: Main
Type: Primary Bedroom
Features: Recessed Lighting
Room 2
Level: Main
Type: Primary Bathroom
Features: Granite Counters, Full Bath, Recessed Lighting
Room 3
Level: Main
Type: Kitchen
Features: Recessed Lighting
Room 4
Level: Main
Type: Laundry
Features: Electric Dryer Hookup, Washer Hookup
Exterior Details
Property Information
Property Type: Residential
Property Sub Type: Condominium
Green Energy Efficient
Property Condition: Resale
Year Built: 2021
Year Built Source: Public Records
Unit Style: Tower (14+ Stories)
View Desription: City, Skyline
Fencing: None
Spa Features: Hot Tub
Building Information
Levels: One
Construction Materials: Concrete
Foundation: Slab
Roof: Concrete
Exterior Information
Exterior Features: Balcony
Pool Information
Pool Features: See Remarks
Lot Information
Lot Features: None
Lot Size Acres: 0.0009
Lot Size Square Feet: 39.2
Land Information
Water Source: Public
Financial Details
Tax Year: 2023
Tax Annual Amount: $8,438
Utilities Details
Water Source: Public
Sewer : Public Sewer
Utilities For Property: Electricity Available
Location Details
Directions: Head northwest toward Frontage Rd. Continue on Frontage Rd. Take TX-1 Loop N, Enfield Rd, W 15th St and I-35 S/US-290 W to East Ave. Keep right to continue on East Ave. Destination will be on the right.
Community Features: Fitness Center, Lounge, Pool, Hot Tub
Other Details
Association Fee Includes: See Remarks
Association Fee: $369
Association Fee Freq: Monthly
Association Name: 48 East Avenue Condominium Association Inc
Selling Agency Compensation: 3.000
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Condo
1
Bed
1
Bath
538 ft²
$883/ft²
$474,900
Jul 7, 2023
-
Nov 30, -0001
$346/mo
Condo
1
Bed
1
Bath
685 ft²
$876/ft²
$599,900
Jun 1, 2023
-
Nov 30, -0001
$1,402/mo
Condo
1
Bed
1
Bath
753 ft²
$596/ft²
$449,000
Jul 24, 2023
-
Nov 30, -0001
$1,548/mo
Condo
1
Bed
1
Bath
852 ft²
$675/ft²
$575,000
Jan 1, 2024
-
Nov 30, -0001
$1,574/mo
Condo
1
Bed
1
Bath
812 ft²
$664/ft²
$539,500
Feb 23, 2024
-
Nov 30, -0001
$1,666/mo
Condo
2
Beds
2
Baths
954 ft²
$445/ft²
$425,000
Aug 10, 2023
-
Nov 30, -0001
$1,601/mo
In Contract
Condo
1
Bed
1
Bath
699 ft²
$801/ft²
$560,000
Nov 7, 2023
-
$1,509/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
11/27/2023
|
1 Bed
|
1 Bath
|
893 ft²
|
$740,000
1 Bed
1 Bath
893 ft²
|
-
-
|
-
|
Meredith Alderson
eXp Realty, LLC
|
|
12/07/2023
|
Studio
|
1 Bath
|
450 ft²
|
$525,000
Studio
1 Bath
450 ft²
|
-
-
|
-
|
Patrick Carr
Patrick Carr Properties and Associates
|
|
10/07/2023
|
1 Bed
|
1 Bath
|
641 ft²
|
$649,500
1 Bed
1 Bath
641 ft²
|
-
-
|
-
|
Kevin Kuo
eXp Realty LLC
|
|
08/01/2023
|
1 Bed
|
1 Bath
|
893 ft²
|
$750,000
1 Bed
1 Bath
893 ft²
|
-
-
|
-
|
John Richardson
Compass RE Texas, LLC
|
|
07/06/2023
|
1 Bed
|
1 Bath
|
803 ft²
|
$740,000
1 Bed
1 Bath
803 ft²
|
$740,000
07/06/2023
|
-
|
Georgia Spiropoulos
Prospect Real Estate
|
|
06/23/2023
|
2 Bed
|
2 Bath
|
1121 ft²
|
$1,395,000
2 Bed
2 Bath
1121 ft²
|
-
-
|
-
|
Brittany Pauline Ward
Keller Williams - Austin SW
|
|
06/21/2023
|
1 Bed
|
1 Bath
|
447 ft²
|
$550,000
1 Bed
1 Bath
447 ft²
|
-
-
|
-
|
Kristen Williams
Keller Williams Realty
|
|
04/19/2023
|
1 Bed
|
1 Bath
|
893 ft²
|
$699,900
1 Bed
1 Bath
893 ft²
|
-
-
|
-
|
Cody Bell
JBGoodwin REALTORS LT
|
|
03/12/2023
|
1 Bed
|
1 Bath
|
893 ft²
|
$799,900
1 Bed
1 Bath
893 ft²
|
-
-
|
-
|
Deanna James
Keller Williams - Austin SW
|
|
10/05/2020
|
2 Bed
|
2 Bath
|
982 ft²
|
$841,000
2 Bed
2 Bath
982 ft²
|
-
-
|
-
|
Denise Bodman
Prospect Real Estate
|
|
11/10/2020
|
1 Bed
|
1 Bath
|
937 ft²
|
$692,000
1 Bed
1 Bath
937 ft²
|
-
-
|
-
|
-
|
|
10/05/2020
|
2 Bed
|
2 Bath
|
1277 ft²
|
$961,000
2 Bed
2 Bath
1277 ft²
|
-
-
|
-
|
Denise Bodman
Prospect Real Estate
|
|
10/06/2020
|
Studio
|
1 Bath
|
447 ft²
|
$466,000
Studio
1 Bath
447 ft²
|
-
-
|
-
|
Denise Bodman
Prospect Real Estate
|
|
10/06/2020
|
1 Bed
|
1 Bath
|
740 ft²
|
$588,000
1 Bed
1 Bath
740 ft²
|
-
-
|
-
|
Denise Bodman
Prospect Real Estate
|
|
10/02/2020
|
1 Bed
|
1 Bath
|
740 ft²
|
$603,000
1 Bed
1 Bath
740 ft²
|
-
-
|
-
|
-
|
|
10/02/2020
|
2 Bed
|
2 Bath
|
982 ft²
|
$754,000
2 Bed
2 Bath
982 ft²
|
-
-
|
-
|
-
|
|
09/09/2020
|
1 Bed
|
1 Bath
|
893 ft²
|
$677,000
1 Bed
1 Bath
893 ft²
|
-
-
|
-
|
-
|
|
08/07/2020
|
2 Bed
|
1 Bath
|
1036 ft²
|
$845,000
2 Bed
1 Bath
1036 ft²
|
-
-
|
-
|
-
|
|
05/09/2020
|
2 Bed
|
2 Bath
|
1277 ft²
|
$930,000
2 Bed
2 Bath
1277 ft²
|
-
-
|
-
|
Emily Lee
Lee Real Estate Services, Inc.
|
|
06/13/2020
|
2 Bed
|
2 Bath
|
982 ft²
|
$737,000
2 Bed
2 Bath
982 ft²
|
-
-
|
-
|
-
|
|
06/13/2020
|
1 Bed
|
1 Bath
|
740 ft²
|
$555,000
1 Bed
1 Bath
740 ft²
|
-
-
|
-
|
-
|
|
05/20/2020
|
2 Bed
|
1 Bath
|
1036 ft²
|
$787,640
2 Bed
1 Bath
1036 ft²
|
-
-
|
-
|
-
|
|
05/09/2020
|
1 Bed
|
1 Bath
|
893 ft²
|
$665,000
1 Bed
1 Bath
893 ft²
|
-
-
|
-
|
Emily Lee
Lee Real Estate Services, Inc.
|
|
05/08/2020
|
Studio
|
1 Bath
|
447 ft²
|
$456,750
Studio
1 Bath
447 ft²
|
-
-
|
-
|
Emily Lee
Lee Real Estate Services, Inc.
|