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$426,164

48 East Ave 1602, Austin, TX, 78701

$473,559 ARVInfo
Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths450 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1,108.89 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
AppliancesStainless Steel Appliance(s)
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesLighting
Lot Size39 sqft

Building Information

Year Built2021
Stories1

Land Information

APN02030328650000
Subdivision48 East Condominiums
Land UseResidential
Legal Description48 EAST CONDOMINIUMS UNT 1602 0.2075%INT IN COMMON AREA
Census Tract001103
Assessed Land Value$25,273
Assessed Improvement Value$400,891
Assessment Year2025

About this property

Beautiful, fully furnished luxury condo on the 16th floor with breathtaking views. This studio apartment boasts abundant natural light and stunning modern designs. Located in a unique, hotel-zoned building in Austin, there are no restrictions on short-term rentals and no additional permits required offering numerous opportunities. The kitchen features stone countertops and a terrazzo-style backsplash. Enjoy the balcony's amazing views of downtown Austin. Perfectly situated, just steps away from lake and river paths, downtown shops and restaurants, live music venues, festival grounds, and the Convention Center – all easily accessible by foot, scooters, and electric bikes. Plus, it offers convenient access to I-35.

Investor Tools

Property Icon
$426,164
Estimated Property Value
$0Estimated Mortgage Balance
$426,164Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$473,559
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,994 /month
Positive
Cash Flow Estimate:
$998 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$178/month
$440/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$426,164
2025
$25,273
$400,891
$426,164
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$426,164

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$426,164
100%
0%
$0/mo

Learn About the Market: Opportunity in Austin

Local Market Pages
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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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48 East Ave 1602 | Property Details | No Agent List