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$773,023

NAL Estimated Property Value

48 East Ave # 2004, Austin, TX, 78701

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths893 Sq Ft
price_per_sqft$755.88 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
AppliancesDryer, Dishwasher, Electric Cooktop, Electric Oven, Disposal, Refrigerator, Stainless Steel Appliances, Washer
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size74 sqft

Building Information

Year Built2021
Stories1
Garage Spaces1

Land Information

APN02030329110000
Subdivision48 East Condominiums
Land UseResidential
Legal Description48 EAST CONDOMINIUMS UNT 2004 0.4180%INT IN COMMON AREA
Census Tract001103
Assessed Land Value$50,915
Assessed Improvement Value$722,108
Assessment Year2025

About this property

This fully furnished unit is the definition of turnkey! Whether you’re looking for your full time residence, a place to stay part time, or purely an investment property- the incredible flexibility and service offered at Natiivo is unmatched in Austin. Located in the Rainey District, this building is just steps to the 10 miles Lady Bird Lake Hike and Bike Trail or the bars and restaurants on Rainey Street just 1 block over. The location can’t be beat providing walking access to all that downtown and East Austin have to offer. Built in 2021, this 1 bedroom, 1 bath unit has an eastern facing panoramic view with a downtown facing balcony. The floor to ceiling windows, modern finishes, open floor plan, and high ceilings create the perfect urban dwelling. If you decide to use this as a Short Term Rental, you can choose to self manage or use a management company to take care of everything for you. Natiivo’s incredible amenities include as 24-hour concierge, rooftop swimming pool and fireplace, clubhouse, outdoor terraces, fitness center, dog run and pet washing, bike storage, valet parking, a lobby coffee bar, and more!

Investor Tools

Property Icon
$773,023
Estimated Property Value
$457,649Estimated Mortgage Balance
$316,219Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$675,841
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,638 /month
Positive
Cash Flow Estimate:
$1,546 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,720/month
$763/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,774
$773,023
2025
$50,915
$722,108
$773,023
No

Tax History

Year
Tax Paid
Assessed Value
2024
$16,774
$773,023

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loanpeople Llc
Conventional
$496,500
No
First
Feb 11, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$457,649
$315,374
40%
59%
$2,977/mo

City: Austin

48 East Ave # 2004 | Property Details | No Agent List