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$1,199,000

48 East Ave # 2610, Austin, TX, 78701

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,277 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$978.07 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
FlooringCeramic Tile, Wood

Exterior

Lot Size109 sqft

Building Information

Year Built2021
Stories1
Garage Spaces1

Land Information

APN02030329830000
Subdivision48 East Condominiums
Land UseResidential
Legal Description48 EAST CONDOMINIUMS UNT 2610 0.6002%INT IN COMMON AREA
Census Tract001103
Assessed Land Value$73,103
Assessed Improvement Value$819,661
Assessment Year2024

About this property

Experience the ultimate in luxury and flexibility at Natiivo Austin, where conventional ownership meets the ease of full-service hospitality. Unit 2610, a fully furnished two-bedroom, west-facing condo on the 26th floor, offers breathtaking views of the Austin skyline and Lady Bird Lake. Designed for both personal enjoyment and investment, this residence allows owners to list their unit on any home-sharing platform, while Natiivo handles all reservations, inquiries, check-ins, and checkouts, making this a truly turn-key experience. As an owner at Natiivo, enjoy concierge services, hotel-style amenities, and hands-off property management. The building offers housekeeping, grocery delivery, on-site maintenance, and laundry service, ensuring both owners and renters experience a seamless stay. This unique model enhances the desirability of your unit in Austin's competitive real estate market, providing a hassle-free income opportunity. Natiivo Austin boasts world-class amenities, including a rooftop pool with a fireplace and outdoor terrace, a stylish lobby cafe and lounge, a 33rd-floor private Clubhouse with panoramic views, and a 10th-floor fitness center, yoga studio, and dog park. Located in the heart of Rainey Street, this prime location offers unbeatable access to Austin's best dining, nightlife, and scenic lakefront trails. Whether you're seeking a luxury city retreat or a high-performing investment property, Unit 2610 delivers an effortless ownership experience with exceptional returns. Schedule your private tour today!

Investor Tools

Property Icon
$1,199,000
Estimated Property Value
$960,000Estimated Mortgage Balance
$264,615Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,494 /month
Positive
Cash Flow Estimate:
$2,498 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,586/month
$970/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$892,764
2024
$73,103
$819,661
$892,764
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$892,764

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$960,000
No
First
Nov 15, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$934,385
$264,615
22%
78%
$5,756/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.

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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 # 2610 | Property Details | No Agent List