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$997,583

NAL Estimated Property Value

48 East Ave # 2511, Austin, TX, 78701

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,036 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$974.9 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
AppliancesConvection Oven, Dishwasher, Disposal, Dryer, Microwave, Stainless Steel Appliance(s), Washer
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Gas Grill
Lot Size87 sqft

Building Information

Year Built2021
Stories1

Land Information

APN02030329730000
Subdivision48 East Condominiums
Land UseResidential
Legal Description48 EAST CONDOMINIUMS UNT 2511 0.4914%INT IN COMMON AREA
Census Tract001103
Assessed Land Value$59,855
Assessed Improvement Value$937,728
Assessment Year2025

About this property

Step into luxury with this stunning 2-bedroom, 1.5-bathroom condominium, fully furnished and Airbnb-friendly. Offering breathtaking views of Lady Bird Lake and the city skyline, this highly sought-after unit can comfortably accommodate up to six guests. Nestled in the vibrant Rainey Street District and just minutes from its lively atmosphere, this condo is the ultimate place to stay or live in Downtown Austin. Natiivo Austin combines a hotel's luxuries, services, and amenities with the flexibility to list on any home-sharing platform, providing a unique ownership experience. Key Features: Fully Furnished & Turnkey: Ready for immediate occupancy or rental. Prime Location: Situated in the heart of the Rainey Street District. Breathtaking Views: Enjoy stunning vistas of Lady Bird Lake and the city skyline. High Occupancy Rate: A lucrative investment with an almost always rented-out unit. Hotel-Like Amenities: Experience top-notch services and amenities, including a Master Host to facilitate guest stays. Whether you’re looking for a short-term rental, a long-term investment, or a flexible living arrangement, Natiivo Austin caters to your needs on your terms. Don't miss out on this exceptional investment opportunity—schedule a viewing today and make Natiivo Austin your next smart move!

Investor Tools

Property Icon
$997,583
Estimated Property Value
$1,000,784Estimated Mortgage Balance
$369,401Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,060 /month
Positive
Cash Flow Estimate:
$2,020 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,170/month
$977/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$21,054
$997,583
2025
$59,855
$937,728
$997,583
No

Tax History

Year
Tax Paid
Assessed Value
2024
$21,054
$997,583

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Security State Bank & Trust
Commercial
$1,083,750
No
First
Mar 18, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,000,784
N/A
0%
100%
$6,498/mo

City: Austin