48 East Ave # 1608, Austin TX 78701

Austin, TX 78701 | 48 East Condos

Ed's Opinion of Value

$324,016 Ed's Estimate: $413,318 $704,000
Lowest Comp Recommended List: $585,000 to $615,000 Highest Comp
Taking into account 4 nearby comparable sales, this property's estimated value comes to $413,318. If we were to list this property today, I'd recommend a list price in the $585,000 to $615,000 range. Relative to what's currently available in 48 EAST CONDOS, this home would be the most affordable of 7 comparable homes on the market. Lot size matters here: 0.41 acres versus 0.15 for the typical comp. Right now, 7 similar properties are competing for buyers in 48 EAST CONDOS, listed between $495,000 and $704,000. The 6 month price trend in 78701: fallen 20.9%. The best comp here is 800 Embassy DR # 233, Austin TX 78702 at an adjusted value of $376,036, a strong comparable. The strength of this estimate comes from 4 directly comparable sales in 48 EAST CONDOS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group
1 Beds
1 Baths 1 Full
803 Sq Ft
0.411 Acres
2022 Built
1 Garage

About This Property

Pristine 16th Floor Condo unit fully-furnished and ready to start your Short Term Rental venture! This unit has excellent balcony views of the lake and includes all appliances and furniture. Natiivo is a premium building zoned as a hotel enabling STR. You can also long-term rent or use as second home if desired! This unit has 93%+ STR occupancy rate. Highly desired and excellently managed. Natiivo is a 33-story hi-rise with easy navigation for your guests with 1 button push elevator access to clearly labeled amenities including coffee bar/library/common area on first floor, full gym with multiple private Peloton rooms, dog park, outdoor picnic areas, yoga studio with weekly classes, game room with kitchen facilities, and a rooftop pool with cabanas and outdoor fireplace. Close to all the action with breath-taking views of Lady Bird Lake, direct access to Waller Beach, Butler Hike and Bike Trail, Rainey Street entertainment, and so much more!

Features

  • Ceiling Fan(s)
  • High Ceilings
  • Quartz Counters
  • Entrance Foyer
  • High Speed Internet
  • No Interior Steps
  • Open Floorplan
  • Primary Bedroom on Main
  • Smart Thermostat

Location

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 Balcony
County Travis
MLS # 5281895
Garage 1 spaces

HOA & Community

HOA Fee $681 /Monthly
HOA Includes Cable TV, Common Area Maintenance, Internet, Landscaping, Maintenance Grounds, Maintenance Structure, Parking, Security, Sewer, Trash

Listing History

MLS# 5281895 34 days
May 19, 2023 Off Market
Mar 22, 2023 Listed $769,900

Frequently Asked Questions About 48 East Ave # 1608, Austin TX 78701

When was 48 East Ave # 1608, Austin TX 78701 built?

48 East Ave # 1608, Austin TX 78701 was built in 2022.

How much does 48 East Ave # 1608, Austin TX 78701 cost?

48 East Ave # 1608, Austin TX 78701 sold on May 19, 2023. Contact us for sale price details.

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