48 East Ave # 1811, Austin TX 78701

Off Market

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Ed's Opinion of Value

$648,274 Ed's Estimate: $813,325 $1,049,000

Lowest Comp Recommended List: $710,000 to $720,000 Highest Comp

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $813,325. To generate strong buyer interest while maximizing value, I'd price this between $710,000 and $720,000. With 4 comparable homes on the market in NATIIVO AUSTIN, this price positions the property as the 2nd most expensive of 4 comparable homes on the market. The 2021 construction puts this home 9 years newer than the comp average, a factor in the pricing. The active market in NATIIVO AUSTIN includes 4 comparable homes priced from $650,000 to $1,239,000. 70 Rainey ST # 2907, Austin TX 78701 nearby adjusts to $648,274; a strong comparable. The 5 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group

NATIIVO AUSTIN Market Trends

$450,000 Median Sold Price

$643/sqft Median $/SqFt

211 days Avg Days on Market

4 homes Active Inventory 8 mo supply

93.4% Sale-to-List Ratio

3 Sales (6 months)

Recently Sold Comparables

$648,274 adjusted 70 Rainey ST # 2907, Austin TX 78701 2bd / 2.0ba • 1,128 sqft • 0.1 mi Sold 1 months ago

$941,143 adjusted 70 Rainey ST # 2102, Austin TX 78701 2bd / 2.0ba • 1,154 sqft • 0.1 mi Sold 7 months ago

$859,293 adjusted 300 Bowie ST # 3603, Austin TX 78703 2bd / 2.0ba • 1,061 sqft • 1.3 mi Sold 2 months ago

$846,435 adjusted 300 Bowie ST # 2903, Austin TX 78703 2bd / 2.0ba • 1,061 sqft • 1.3 mi Sold 4 months ago

$787,184 adjusted 360 Nueces ST # 3904, Austin TX 78701 2bd / 2.0ba • 998 sqft • 1 mi Sold 5 months ago

Currently on Market

$735,000 84 East Ave # 1610, Austin TX 78701 2bd / 2.0ba • 1,058 sqft • 0.2 mi 145 days on market

$650,000 84 East Ave # 1503, Austin TX 78701 2bd / 2.0ba • 969 sqft • 0.2 mi 50 days on market

$1,049,000 301 West Ave # 2009, Austin TX 78701 2bd / 2.0ba • 1,106 sqft • 1.1 mi 63 days on market

2 Beds

2 Baths 1 Full, 1 Half

1,036 Sq Ft

0.002 Acres

2021 Built

2 Garage

About This Property

**$15k rate buydown available!** Welcome to the Natiivo. A unique hotel-styled highrise in the Rainey Street district complete with all the modern amenities you would expect from a luxury downtown condo PLUS the exclusive ability to rent short term. No license needed for STRs and on-site management is available to make it convenient and easy. Built in 2021, the building has 24-hour concierge service, valet parking, a resort-style rooftop pool and lounge area, a fitness center, Peloton studios, a yoga studio, conference rooms, and a conveniently located first-floor wine and coffee bar. The 2 bed, 1.5 bath unit comes fully furnished with high-end finishes throughout. Big western-facing views of Lady Bird Lake and downtown Austin complete the perfect setting.

Features

Quartz Counters
Electric Dryer Hookup
High Speed Internet
Murphy Bed
No Interior Steps
Open Floorplan
Pantry
Primary Bedroom on Main
Recessed Lighting
Smart Home
Smart Thermostat
Stackable W/D Connections
Storage
Walk-In Closet(s)
Washer Hookup
Wired for Data

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 Balcony, Dog Run, Electric Car Plug-in, Garden, Outdoor Grill, Restricted Access

County Travis

MLS # 9470276

Garage 2 spaces

HOA & Community

HOA Fee $866 /Monthly

HOA Includes Common Area Maintenance, Electricity, Heat, Landscaping, Maintenance Grounds, Parking, Sewer, Trash, Water

Tax Information

Annual Taxes (MLS) $19,442 (2023)

Listing History

MLS# 9470276 148 days (145 CDOM)

Sep 30, 2024	Off Market
Jul 9, 2024	Price Change	$895,000
Apr 24, 2024	Listed	$995,000

Frequently Asked Questions About 48 East Ave # 1811, Austin TX 78701

When was 48 East Ave # 1811, Austin TX 78701 built?

48 East Ave # 1811, Austin TX 78701 was built in 2021.

How much does 48 East Ave # 1811, Austin TX 78701 cost?

48 East Ave # 1811, Austin TX 78701 sold on September 30, 2024. Contact us for sale price details.

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