48 East Ave # 1602, Austin TX 78701

Off Market

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Ed's Opinion of Value

$375,923 Ed's Estimate: $514,515 $514,515

Lowest Comp Recommended List: $428,000 to $555,000 Highest Comp

7 recent sales within half a mile of this address suggest a current value of $514,515. My recommended list price range for this property would be $428,000 to $555,000. At this price, the property would be no active comparable homes on the market comparable homes currently on the market in 48 EAST CONDOMINIUMS. This home's smaller footprint (271 sqft vs the comp average) plays a role in how the market prices it. In 78701, home values have fallen approximately 7.8% over the past 6 months. One of the strongest data points is 48 East Ave # 1607, Austin TX 78701, adjusting to $384,923; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group

78701 Market Trends

$617,000 Median Sold Price ▼ 7.8% 6mo

$692/sqft Median $/SqFt ▲ 4.8% 6mo

116 days Avg Days on Market 8 days slower

227 homes Active Inventory 11.8 mo supply

94.7% Sale-to-List Ratio

115 Sales (6 months)

Recently Sold Comparables

$384,923 adjusted 48 East Ave # 1607, Austin TX 78701 1bd / 1.0ba • 699 sqft • 0 mi Sold 2 months ago

$390,181 adjusted 501 West Ave # 1406, Austin TX 78701 1bd / 1.0ba • 652 sqft • 1.1 mi Sold 1 months ago

$375,923 adjusted 48 East Ave # 1207, Austin TX 78701 1bd / 1.0ba • 699 sqft • 0 mi Sold 2 months ago

$397,575 adjusted 48 E East Ave # 3203, Austin TX 78701 1bd / 1.0ba • 641 sqft • 0 mi Sold 1 months ago

$428,186 adjusted 48 East Ave # 1605, Austin TX 78701 1bd / 1.0ba • 706 sqft • 0 mi Sold 7 months ago

1 Beds

1 Baths 1 Full

450 Sq Ft

0.0009 Acres

2021 Built

About This Property

Beautiful, fully furnished luxury condo on the 16th floor with breathtaking views. This studio apartment boasts abundant natural light and stunning modern designs. Located in a unique, hotel-zoned building in Austin, there are no restrictions on short-term rentals and no additional permits required offering numerous opportunities. The kitchen features stone countertops and a terrazzo-style backsplash. Enjoy the balcony's amazing views of downtown Austin. Perfectly situated, just steps away from lake and river paths, downtown shops and restaurants, live music venues, festival grounds, and the Convention Center – all easily accessible by foot, scooters, and electric bikes. Plus, it offers convenient access to I-35.

Features

Primary Bedroom on Main
Recessed Lighting

Location

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Schools

School District Austin ISD

Elementary Mathews

Middle School O Henry

High School Austin

Property Details

Property Type Residential

Flooring Tile, Wood

Cooling Central Air

Heating Central

Exterior Exterior Steps, Lighting

County Travis

MLS # 8191647

HOA & Community

HOA Fee $440 /Monthly

HOA Includes Common Area Maintenance, Landscaping, Maintenance Grounds

Tax Information

Annual Taxes (MLS) $8,336 (2024)

Listing History

MLS# 8191647 63 days

Aug 30, 2024	Off Market
Jun 5, 2024	Listed		$499,000

Frequently Asked Questions About 48 East Ave # 1602, Austin TX 78701

When was 48 East Ave # 1602, Austin TX 78701 built?

48 East Ave # 1602, Austin TX 78701 was built in 2021.

How much does 48 East Ave # 1602, Austin TX 78701 cost?

48 East Ave # 1602, Austin TX 78701 sold on August 30, 2024. Contact us for sale price details.

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