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$531,000

NAL Estimated Property Value

48 E East Ave 1706, Austin, TX, 78701

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths742 Sq Ft
price_per_sqft$667.12 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
AppliancesDryer, Washer Dryer Stacked, Dishwasher, Electric Cooktop, Disposal, Microwave, Refrigerator, See Remarks, Stainless Steel Appliances, Washer
FlooringTerrazzo, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size61 sqft

Building Information

Year Built2021
Stories1

Land Information

APN02030328800000
Subdivision48 East Condominiums
Land UseResidential
Legal Description48 EAST CONDOMINIUMS UNT 1706 0.3430%INT IN COMMON AREA
Census Tract001103
Assessed Land Value$41,776
Assessed Improvement Value$435,966
Assessment Year2025

About this property

Built for income, designed for flexibility, and positioned in the only downtown Austin high-rise that actually allows it. There’s also an opportunity to scale. A second, nearly identical unit next door, Unit 1707, is available and can be purchased together, creating efficiency in management and a stronger overall investment position. This 17th-floor residence is fully furnished and already performing as a short-term rental, with an established Airbnb presence, strong reviews, and a management setup that can transfer seamlessly. No ramp-up, no guessing. It’s already in motion. Inside, the layout is clean and efficient with floor-to-ceiling windows, an open flow, and a modern kitchen finished with sleek European-style cabinetry and premium appliances. Every piece, from furniture to décor, is dialed in to attract bookings and maximize usability. Natiivo operates with a hospitality-driven model, offering a rooftop pool with cabanas, fitness center with yoga and Peloton studios, co-working spaces, café and bar, plus 24-hour concierge and valet. It’s built to support both owners and guests at a high level. Walkability is a major driver here, with Rainey Street, Lady Bird Lake, and some of Austin’s top restaurants and nightlife just outside the door.

Investor Tools

Property Icon
$531,000
Estimated Property Value
$0Estimated Mortgage Balance
$531,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,186 /month
Positive
Cash Flow Estimate:
$1,062 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,057/month
$543/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,027
$477,742
2025
$41,776
$435,966
$477,742
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,027
$477,742

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$531,000
100%
0%
$0/mo

City: Austin

48 E East Ave 1706 | Property Details | No Agent List