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$573,511

NAL Estimated Property Value

48 East Ave # 1503, Austin, TX, 78701

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths641 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$4.13 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
AppliancesBuilt-In Range, Cooktop, Refrigerator
FlooringTerrazzo, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size52 sqft

Building Information

Year Built2021
Stories1

Land Information

APN02030328550000
Subdivision48 East Condominiums
Land UseResidential
Legal Description48 EAST CONDOMINIUMS UNT 1503 0.2987%INT IN COMMON AREA
Census Tract001103
Assessed Land Value$36,384
Assessed Improvement Value$537,127
Assessment Year2025

About this property

FULLY furnished 1 bedroom 1 bath - just bring your toothbrush and bedding and you are good to go! Built with premium materials and outfitted with upscale furnishings, this is your long term Air B&B. Located on the southern end of the Rainey Street's Historic District, Natiivo is close to some of Austin's most popular restaurants and bars. It's also close to Lady Bird Lake and the Ann and Roy Butler Hike & Bike Trail. Natiivo Austin's provides its residents first-class amenities such as co-working spaces, cafe lounge, spa-inspired fitness center, rooftop pool deck with swimming and reflection pools with private cabanas, 24-hour concierge, valet parking, and lounge. Residents and guests enjoy the 6,000 square foot terrace and garden located on the 10th floor with breathtaking views of downtown Austin and Lady Bird Lake. The fitness center, located on the 10th floor, features yoga and Peloton bike studios, state of the art equipment, and an outdoor workout area. On the 33rd floor sits a clubhouse for gatherings and events. More amenities offered by Natiivo Austin are dog run, rooftop fireplace, pet washing station, and bike storage. https://www.natiivoaustin.com/

Investor Tools

Property Icon
$573,511
Estimated Property Value
$360,344Estimated Mortgage Balance
$213,836Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,441 /month
Positive
Cash Flow Estimate:
$1,147 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,242/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,038
$573,511
2025
$36,384
$537,127
$573,511
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,038
$573,511

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amplify Cu
Unknown
$391,657
No
First
Jan 25, 2022
Feb 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$360,344
$213,167
37%
63%
$2,349/mo

City: Austin