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$695,167

48 East Ave 1608, Austin, TX, 78701

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths803 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$958.78 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1

Exterior

Lot Size65 sqft

Building Information

Year Built2021
Stories1

Land Information

APN02030328710000
Subdivision48 East Condominiums
Land UseResidential
Legal Description48 EAST CONDOMINIUMS UNT 1608 0.3764%INT IN COMMON AREA
Census Tract001103
Assessed Land Value$45,844
Assessed Improvement Value$649,323
Assessment Year2025

About this property

Pristine 16th Floor Condo unit fully-furnished and ready to start your Short Term Rental venture! This unit has excellent balcony views of the lake and includes all appliances and furniture. Natiivo is a premium building zoned as a hotel enabling STR. You can also long-term rent or use as second home if desired! This unit has 93%+ STR occupancy rate. Highly desired and excellently managed. Natiivo is a 33-story hi-rise with easy navigation for your guests with 1 button push elevator access to clearly labeled amenities including coffee bar/library/common area on first floor, full gym with multiple private Peloton rooms, dog park, outdoor picnic areas, yoga studio with weekly classes, game room with kitchen facilities, and a rooftop pool with cabanas and outdoor fireplace. Close to all the action with breath-taking views of Lady Bird Lake, direct access to Waller Beach, Butler Hike and Bike Trail, Rainey Street entertainment, and so much more!

Investor Tools

Property Icon
$695,167
Estimated Property Value
$0Estimated Mortgage Balance
$695,167Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,619 /month
Positive
Cash Flow Estimate:
$1,540 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,547/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,085
$695,167
2025
$45,844
$649,323
$695,167
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,085
$695,167

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$695,167
100%
0%
$0/mo

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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48 East Ave 1608 | Property Details | No Agent List