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$1,630,463

44 East Ave Unit 4603, Austin, TX, 78701

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,106 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1,186.61 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
AppliancesBuilt-In Refrigerator, Dishwasher, Range, Wine Refrigerator
FlooringWood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size166 sqft

Building Information

Year Built2019
Stories1
Garage Spaces2

Land Information

APN02030326140000
Lot Number4603
Subdivision44 East Ave Condominiums
Land UseResidential
Legal DescriptionUNT 4603 44 EAST AVE CONDOMINIUMS PLUS .5706 % INT IN COM AREA
Census Tract001103
Assessed Land Value$49,482
Assessed Improvement Value$1,580,981
Assessment Year2025

About this property

Penthouse 4603 at 44 East – A Bespoke Sanctuary in the Sky. Perched above the vibrant Rainey Street District, Penthouse 4603 offers a rare chance to own one of the few true penthouses in this dynamic downtown enclave—uniquely positioned without neighboring towers crowding your views. This bespoke sanctuary in the sky is wrapped in floor-to-ceiling windows, offering breathtaking panoramic views to the east, north, and west—unobstructed, uninterrupted, and utterly captivating. From this elevated vantage point, you’ll experience sweeping cityscapes, stunning skyline sunsets, and the tranquil curve of Lady Bird Lake. Located directly at the Rainey Street Trailhead, with no buildings impeding the views, the residence delivers a front-row seat to Austin’s magic—from the glow of sunrise to a blanket of fireworks lighting up the sky on the Fourth of July and New Year’s Eve. Inside, the penthouse blends refined design with thoughtful functionality. Extensive upgrades include a custom laundry cabinet buildout with a beverage fridge, beautifully built-in shelving and drawers in the primary, guest, and coat closets, and a fully integrated smart home system featuring Lutron dimmable lighting, Nest thermostats, and Sonos speakers—expertly wired and installed throughout. Motorized solar and blackout shades ensure comfort and privacy at the touch of a button, while elevated lighting fixtures illuminate each space with warmth and style. For those seeking a turnkey opportunity, a curated selection of designer furnishings—perfectly tailored to the space—is available, allowing the residence to be enjoyed as an immediate, fully realized home. 44 East offers unmatched amenities including 24-hour concierge, resort-style pool, fitness studios, dog park, and elegant lounges. Penthouse 4603 is a private, panoramic, and rare offering in the heart of Austin.

Investor Tools

Property Icon
$1,630,463
Estimated Property Value
$1,667,632Estimated Mortgage Balance
$46,798Estimated Equity
-2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$14,994 /month
Positive
Cash Flow Estimate:
$4,998 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,260/month
$1,552/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$30,966
$1,630,463
2025
$49,482
$1,580,981
$1,630,463
No

Tax History

Year
Tax Paid
Assessed Value
2024
$30,966
$1,630,463

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Morgan Stanley Private Bank Na
Conventional
$1,667,632
No
First
Dec 12, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,585,902
$44,561
2%
97%
$9,334/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,130/mo
$10,886/mo
$-7,756/mo
2.3%

Learn About the Market: Opportunity in Austin

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Explore

Austin

Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.

From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.4%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$555,300

Unemployment Rate

Unemployment Rate

3.20%

Price Trend

Price Trend

~0.4% YoY growth

New Permits

New Permits

2,269 units

City: Austin

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44 East Ave Unit 4603 | Property Details | No Agent List