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$495,000

48 East Ave 1707, Austin, TX, 78701

On MarketInfo
Beds1 Beds
Baths1 Bath
Baths699 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$708.15 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
AppliancesBuilt-In Electric Oven, Built-In Electric Range, Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer Stacked
FlooringTerrazzo, Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size57 sqft

Building Information

Year Built2021
Stories1
Garage Spaces1

Land Information

APN02030328810000
Subdivision48 East Condominiums
Land UseResidential
Legal Description48 EAST CONDOMINIUMS UNT 1707 0.3244%INT IN COMMON AREA
Census Tract001103
Assessed Land Value$39,510
Assessed Improvement Value$429,498
Assessment Year2025

About this property

Income-producing, fully furnished, and already dialed in for short-term rental success in downtown Austin’s only STR-approved high-rise. An added advantage here: the neighboring unit 1706 next door is also available, creating a unique opportunity to expand, streamline management, or explore a larger combined layout for increased flexibility and long-term upside. This 17th-floor residence is currently operating as an active Airbnb with strong guest history and a management structure that can transfer to the next owner. It’s a true plug-and-play setup with immediate earning potential from day one. The interior leans modern and efficient, with floor-to-ceiling windows, an open-concept layout, and a sleek kitchen outfitted with European-style cabinetry and premium appliances. The furnishings and finishes are intentionally selected to perform well for both guests and owners. At Natiivo, ownership comes with a hospitality-driven experience including a rooftop pool with cabanas, fitness center with yoga and Peloton studios, co-working lounges, café and bar, plus 24-hour concierge and valet service. Set just off Rainey Street and moments from Lady Bird Lake, the location continues to drive strong rental demand with walkable access to Austin’s top dining, nightlife, and outdoor spaces.

Investor Tools

$0Estimated Mortgage Balance
$530,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,180 /month
Positive
Cash Flow Estimate:
$1,060 /month

Interested in this property?

Kelton Finley

Douglas Elliman Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,041/month
$514/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,844
$469,008
2025
$39,510
$429,498
$469,008
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,844
$469,008

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$530,000
100%
0%
$0/mo

City: Austin

48 East Ave 1707 | Property Details | No Agent List