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48 East Ave, Austin, Texas 78701 For Sale

699 Sqft - 48 East Ave, Austin, Texas 78701

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Property Description

Discover the seamless blend of convenience and style at the Natiivo, renowned for its unique status as the only condominium complex legally zoned for short-term rentals (STR). Built in 2021, this fully furnished one-bedroom gem stands out, nestled in the vibrant heart of Rainey Street. Its prime location is unmatched, placing you at the center of a lively district renowned for its trendy eateries and bustling nightlife, yet offering tranquility and breathtaking views from the comfort of your covered balcony.

The interior boasts wide plank flooring that stretches across each room, creating a seamless and elegant aesthetic. The kitchen, a modern marvel, features sleek European styling with Quartz countertops that gleam under the ambient light, stainless steel appliances for a touch of sophistication, and open shelving that adds a contemporary flair. Enormous windows coupled with lofty ceilings flood the space with natural light, enhancing the open and airy feel.

Accessibility is key, with the balcony offering a private outdoor retreat accessible from both the living area and bedroom, promising serene views at any moment. The potential for an attractive return on investment is highlighted by exceptional nightly rental rates, thanks to the condo’s strategic location and legal zoning for STR.

Amenities at the Natiivo are unparalleled, designed to cater to every aspect of modern living. Enjoy the convenience of 24-hour concierge service, valet parking for easy comings and goings, and a fitness suite that includes a gym, yoga, and cycle studio. The rooftop swimming pool, complete with shaded cabanas, offers a luxurious escape, while the dog park, club room, and bar provide additional spaces for relaxation and socialization.

Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : ACT1655428
Price : $599,000
Bedrooms : 1
Bathrooms : 1
Square Footage : 699 Sqft
Year Built : 2021
Lot Size : 56.63 Sqft
Property Sub Type : Condominium
Standard Status : Active
Features
Heating System : Central
Cooling System : Central Air
Fence : See Remarks
View : See Remarks
Security : 24 Hour Security
Patio : See Remarks
Roof Deck : See Remarks
Parking
Appliances : Refrigerator, Dishwasher, Cooktop, Washer/dryer
Association Fee : $735
Association Fee Frequency : Monthly
Association Fee Includes : Water, Electricity
Construction Materials : Concrete
Exterior Features : Balcony
Flooring : Vinyl, Terrazzo, No Carpet
Foundation : Slab
Garage Spaces : 1
Interior Features : High Ceilings, Primary Bedroom On Main, Quartz Counters
Levels : One
Lot Features : City Lot
Parking Features : Valet, Covered, Garage
Sewer : Public Sewer
Utilities : Electricity Available, Water Available
Address Map
Country : US
State : TX
County : Travis
City : Austin
Zipcode : 78701
Street : East
Street Number : 48
Street Suffix : Ave
Longitude : W98° 15' 40.2''
Latitude : N30° 15' 23''
Directions : Take Cesar Chavez to Access road of IH-35. Continue straight on East Ave
Area : DT
Unit Number : 1207
MLS Addon
Office Name : Compass RE Texas, LLC
Listing Agent Name : Matt Holm
Front-Facing Direction : Southeast
Elementary School : Mathews
High School : Austin
List Agent MLSID : ACT585248
List Office MLSID : ACT700459
Middle School : O Henry
MLS Status : Active
Parcel Number : 02030328260000
Subdivision Name : Natiivo
Tax Amount (Annual) : $13,109
AssociationName : Natiivo HOA
TaxLegalDescription : 48 EAST CONDOMINIUMS UNT 1207 0.3235%INT IN COMMON AREA
TaxYear : 2023
ACT_EstimatedTaxes : $13,109
TaxAssessedValue : $724,566
ACT_TaxFilledSqftTotal : 699 Sqft
OriginalListPrice : $599,000
PreviousListPrice : $0
CommunityFeatures : Pool, Clubhouse, Fitness Center, Dog Park
SpecialListingConditions : Standard
Importer Addon
Close Prc : $0
C$/SqFt : $0
$SqFt : $0
Residential For Sale
  • Listing ID : ACT1655428
  • Bedrooms : 1
  • Bathrooms : 1
  • Square Footage : 699 Sqft
$599,000
Agent info
Stacy Caprio
Ready Real Estate
Austin, TX
Contact Agent