Check Availability
$515,000
Condo - In Contract

48 East Ave #1502

Austin, TX 78701
bedrooms
Studio
bathrooms
1 Bath
square feet
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

Kristen Williams
Kristen Williams
Keller Williams Realty
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

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
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
Condo
Stu
1 Bath
538 ft²
$1,069/ft²
$575,000 Apr 3, 2024
-
$1,406/mo
Condo
1 Bed
1 Bath
699 ft²
$801/ft²
$560,000 Nov 7, 2023
-
$1,509/mo
Condo
1 Bed
1 Bath
706 ft²
$871/ft²
$615,000 Sep 23, 2023
-
$1,143/mo
Condo
1 Bed
1 Bath
706 ft²
$850/ft²
$600,000 Feb 22, 2024
-
$1,437/mo
Condo
1 Bed
1 Bath
699 ft²
$858/ft²
$600,000 Jun 23, 2023
-
$1,582/mo
Condo
1 Bed
1 Bath
699 ft²
$857/ft²
$599,000 Mar 12, 2024
-
$1,827/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20231127 Unit 2004
11/27/2023
1 Bed
1 Bath
893 ft²
$740,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
893 ft²
-
-
-
Meredith Alderson
eXp Realty, LLC
20231207 Unit 1202
12/07/2023
Studio
1 Bath
450 ft²
$525,000
bedrooms
Studio
bathrooms
1 Bath
square feet
450 ft²
-
-
-
Patrick Carr
Patrick Carr Properties and Associates
20231007 Unit 3103
10/07/2023
1 Bed
1 Bath
641 ft²
$649,500
bedrooms
1 Bed
bathrooms
1 Bath
square feet
641 ft²
-
-
-
Kevin Kuo
eXp Realty LLC
20230801 Unit 2904
08/01/2023
1 Bed
1 Bath
893 ft²
$750,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
893 ft²
-
-
-
John Richardson
Compass RE Texas, LLC
20230706 Unit 1508
07/06/2023
1 Bed
1 Bath
803 ft²
$740,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
803 ft²
$740,000
07/06/2023
-
Georgia Spiropoulos
Prospect Real Estate
20230623 Unit 2401
06/23/2023
2 Bed
2 Bath
1121 ft²
$1,395,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1121 ft²
-
-
-
Brittany Pauline Ward
Keller Williams - Austin SW
20230621 Unit 1502
06/21/2023
1 Bed
1 Bath
447 ft²
$550,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
447 ft²
-
-
-
Kristen Williams
Keller Williams Realty
20230419 Unit 1404
04/19/2023
1 Bed
1 Bath
893 ft²
$699,900
bedrooms
1 Bed
bathrooms
1 Bath
square feet
893 ft²
-
-
-
Cody Bell
JBGoodwin REALTORS LT
20230312 Unit 2404
03/12/2023
1 Bed
1 Bath
893 ft²
$799,900
bedrooms
1 Bed
bathrooms
1 Bath
square feet
893 ft²
-
-
-
Deanna James
Keller Williams - Austin SW
20201005 Unit 3209
10/05/2020
2 Bed
2 Bath
982 ft²
$841,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
982 ft²
-
-
-
Denise Bodman
Prospect Real Estate
20201110 Unit 2504
11/10/2020
1 Bed
1 Bath
937 ft²
$692,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
937 ft²
-
-
-
-
20201005 Unit 2110
10/05/2020
2 Bed
2 Bath
1277 ft²
$961,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1277 ft²
-
-
-
Denise Bodman
Prospect Real Estate
20201006 Unit 2802
10/06/2020
Studio
1 Bath
447 ft²
$466,000
bedrooms
Studio
bathrooms
1 Bath
square feet
447 ft²
-
-
-
Denise Bodman
Prospect Real Estate
20201006 Unit 2706
10/06/2020
1 Bed
1 Bath
740 ft²
$588,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
740 ft²
-
-
-
Denise Bodman
Prospect Real Estate
20201002 Unit 3206
10/02/2020
1 Bed
1 Bath
740 ft²
$603,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
740 ft²
-
-
-
-
20201002 Unit 1709
10/02/2020
2 Bed
2 Bath
982 ft²
$754,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
982 ft²
-
-
-
-
20200909 Unit 2004
09/09/2020
1 Bed
1 Bath
893 ft²
$677,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
893 ft²
-
-
-
-
20200807 Unit 3011
08/07/2020
2 Bed
1 Bath
1036 ft²
$845,000
bedrooms
2 Bed
bathrooms
1 Bath
square feet
1036 ft²
-
-
-
-
20200509 Unit 1710
05/09/2020
2 Bed
2 Bath
1277 ft²
$930,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1277 ft²
-
-
-
Emily Lee
Lee Real Estate Services, Inc.
20200613 Unit 1509
06/13/2020
2 Bed
2 Bath
982 ft²
$737,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
982 ft²
-
-
-
-
20200613 Unit 1606
06/13/2020
1 Bed
1 Bath
740 ft²
$555,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
740 ft²
-
-
-
-
20200520 Unit 2011
05/20/2020
2 Bed
1 Bath
1036 ft²
$787,640
bedrooms
2 Bed
bathrooms
1 Bath
square feet
1036 ft²
-
-
-
-
20200509 Unit 1604
05/09/2020
1 Bed
1 Bath
893 ft²
$665,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
893 ft²
-
-
-
Emily Lee
Lee Real Estate Services, Inc.
20200508 Unit 2602
05/08/2020
Studio
1 Bath
447 ft²
$456,750
bedrooms
Studio
bathrooms
1 Bath
square feet
447 ft²
-
-
-
Emily Lee
Lee Real Estate Services, Inc.

Building Info

48 East Avenue 48 East Avenue, Austin, TX 78701
  • 3 Units for Sale
More about this Building
48 East Avenue
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