Ed's Opinion of Value

$644,103 Ed's Estimate: $845,602 $958,427
Lowest Comp Recommended List: $829,000 to $863,000 Highest Comp

Listing History

$1,229,000 List Price
$829,627 Comp Value
1 Price Reductions

This property was listed at $1,229,000 and withdrawn after 112 days on market. The price was reduced from $1,249,000 to $1,229,000. This listing activity factors into the valuation.

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $845,602. I'd recommend coming to market at $829,000 to $863,000 to strike the right balance between value and market velocity. Among the similar homes currently available in 48 EAST CONDOS (NATIIVO), this price point stands out as competitive. The 0.00 acre lot (smaller than the 0.05 acre average) is reflected in the estimate. Based on 3 relevant data points in 48 EAST CONDOS (NATIIVO), I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX
2 Beds
2 Baths 1 Full, 1 Half
1,036 Sq Ft
0.002 Acres
2022 Built
1 Garage

About This Property

Brand new building (fully completed in Spring 2022). This fully-furnished condo features western-facing views of Lady Bird Lake and loads of natural light. Perched on the 23rd floor, this condo offers unobstructed views of the Austin skyline and Lady Bird Lake...and is easily walkable to Rainey Street. With an open concept floor plan and modern kitchen (featuring stainless steel appliances and dark wood cabinets), this condo offers the utmost in location, simple elegance, and turn-key ownership. The spacious primary bedroom includes end tables, dresser, TV, a floor to ceiling window (with custom roller shade), and an en-suite bathroom with frameless shower and vessel sink. The second bedroom offers the utmost in flexibility with a queen size Murphy Bed that doubles as a full size desk (complete with niche wall shelving for books, lamp, and personal effects).

Natiivo offers hotel-style living...including a 24-hour concierge, multiple lounge spaces, 24-hour valet parking, a resort-style rooftop pool & fully equipped fitness center. Owners can list their condo on any rental platform, including short term rental spaces such as Airbnb & VRBO.
More amenities offered by Natiivo are a dog run, rooftop fireplace, pet washing station, and bike storage. All furniture, appliances (including Refrigerator, and Stackable Washer & Dryer), and housewares convey.

MUST CONTACT LISTING AGENT BEFORE SHOWING / TENANTS MAY OR MAY NOT BE IN RESIDENCE

Features

  • 2 Primary Suites
  • Quartz Counters
  • Electric Dryer Hookup
  • Elevator
  • Entrance Foyer
  • Murphy Bed
  • No Interior Steps
  • Open Floorplan
  • Pantry
  • Primary Bedroom on Main
  • Stackable W/D Connections
  • Walk-In Closet(s)
  • See Remarks

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, Barbecue, Dog Run
County Travis
MLS # 5340297

Parking

Garage 1 spaces

HOA & Community

HOA Fee $795 /Monthly
HOA Includes Common Area Maintenance, Landscaping, Maintenance Grounds, Maintenance Structure, Security, Trash

Listing History

MLS# 5340297 112 days
Dec 6, 2022 Off Market
Dec 2, 2022 Price Change $1,229,000
Aug 5, 2022 Listed $1,299,999

Frequently Asked Questions About 48 East Ave # 2311, Austin TX 78701

When was 48 East Ave # 2311, Austin TX 78701 built?

48 East Ave # 2311, Austin TX 78701 was built in 2022.

How much does 48 East Ave # 2311, Austin TX 78701 cost?

48 East Ave # 2311, Austin TX 78701 is currently off market.

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