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$581,041

NAL Estimated Property Value

48 East Ave # 1405, Austin, TX, 78701

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths706 Sq Ft
price_per_sqft$665.72 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
AppliancesCooktop, Dishwasher, Disposal, Dryer, Electric Cooktop, Microwave, Refrigerator, Washer, Washer/Dryer, Washer/Dryer Stacked, Electric Water Heater
FlooringTile, Wood

Exterior

Exterior FeaturesNone
Lot Size61 sqft

Building Information

Year Built2021
Stories1

Land Information

APN02030328460000
Subdivision48 East Condominiums
Land UseResidential
Legal Description48 EAST CONDOMINIUMS UNT 1405 0.3302%INT IN COMMON AREA
Census Tract001103
Assessed Land Value$40,220
Assessed Improvement Value$540,821
Assessment Year2025

About this property

Discover the ultimate urban retreat in the heart of the Rainey Street District with this stunning 1-bedroom, 1-bathroom condo located in Natiivo Austin—the only building approved for Airbnb. This fully furnished and equipped unit offers a turnkey opportunity, perfect for those looking to "Close and Stay" or "Stay or Share." Step inside to find a modern kitchen featuring Bosch stainless steel appliances, terrazzo-style countertops, custom cabinets, and a stylish tile backsplash. The open-concept living area boasts wood floors throughout and floor-to-ceiling windows that frame breathtaking eastern views of the skyline. Designed for comfort and convenience, the condo sleeps four with a luxurious king-size bed and a pull-out couch, making it ideal for hosting guests. Whether you're seeking a personal haven or a shared experience, this condo offers the perfect blend of style, functionality, and location. Enjoy the vibrant energy of Austin right at your doorstep.

Investor Tools

Property Icon
$581,041
Estimated Property Value
$435,924Estimated Mortgage Balance
$277,419Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,486 /month
Positive
Cash Flow Estimate:
$1,162 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,293/month
$544/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,608
$581,041
2025
$40,220
$540,821
$581,041
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,608
$581,041

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loanpeople Llc
Conventional
$471,200
No
First
Apr 8, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$435,924
$145,117
24%
75%
$2,826/mo

City: Austin

48 East Ave # 1405 | Property Details | No Agent List