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$514,000

NAL Estimated Property Value

48 East Ave 3202, Austin, TX, 78701

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths450 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1,188.89 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1

Exterior

Lot Size39 sqft

Building Information

Year Built2021
Stories1

Land Information

APN02030330410000
Subdivision48 East Condominiums
Land UseResidential
Legal Description48 EAST CONDOMINIUMS UNT 3202 0.2080%INT IN COMMON AREA
Census Tract001103
Assessed Land Value$25,334
Assessed Improvement Value$435,445
Assessment Year2024

About this property

Invest in Luxury with this Studio Unit at Natiivo Austin The studio unit at Natiivo Austin is the most hotel-like option in the building, making it an exceptional investment opportunity. Facing north, this unit offers stunning downtown views and is the perfect getaway condo. Located in the vibrant Rainey Street District, just minutes from the lively atmosphere of Rainey Street, this condo provides one of the best places to stay or live in Downtown Austin. Natiivo Austin offers a unique ownership experience with a hotel's luxuries, services, and amenities, paired with the flexibility to list on any home-sharing platform. 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 downtown Austin. High Occupancy Rate: The unit is almost always rented out, making it a lucrative investment. 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.

Investor Tools

Property Icon
$514,000
Estimated Property Value
$369,702Estimated Mortgage Balance
$144,298Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,210 /month
Positive
Cash Flow Estimate:
$1,070 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$214/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$460,779
2024
$25,334
$435,445
$460,779
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$460,779

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Security State Bank
Unknown
$400,350
No
First
Mar 18, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$369,702
$144,298
28%
72%
$2,401/mo

City: Austin

48 East Ave 3202 | Property Details | No Agent List