9 months on rocket

48 E Ave Unit 1301, Austin, TX, 78701

$1,195,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
1,121 SqFt
$1,066/SqFt
Condo

Location

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48 E Ave Unit 1301, Austin$1,195,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingSee Remarks, Guest, Valet
Garage1 space
Year Built2022
HeatingCentral, Electric
CoolingCentral Air
WaterfrontSee Remarks
ViewCity, Park, Lake, Water
MLS #2564106
Lot Size0.00 Acres
StatusActive

About 48 E Ave Unit 1301

Introducing an enchanting, fully-furnished condo in the recently completed Natiivo Austin building, finalized in Spring 2022. Situated on the 13th floor, this residence provides captivating views of the downtown skyline, offering a picturesque panorama of the Austin cityscape. Its prime location makes it easily walkable to the Rainey Street District, Downtown, the hike & bike trails along Lady Bird Lake, and Eastside attractions. This two-bedroom, two-full-bathroom condo boasts an open-concept floor plan and a modern kitchen with stainless steel appliances and dark wood cabinets, providing a perfect blend of location, simplicity, and turn-key ownership. Natiivo Austin delivers a hotel-style living experience with a suite of amenities, including a 24-hour concierge, multiple lounge spaces, 24-hour valet parking, a resort-style rooftop pool, and a fully-equipped fitness center. This unique investment opportunity allows for short-term rentals. Natiivo introduces a novel concept in hospitality, offering flexible ownership. As a high-end hotel, it permits owners to reside part-time while leasing their condos as short-term rentals, fully managed with onsite staff, providing the service and luxury associated with a hotel. Additional features encompass a dog run, rooftop fireplace, pet washing station, bike storage, and more. The unit's thoughtful design ensures a seamless transition into this luxurious, contemporary lifestyle.

Property Details

Property Features

Property Information:

  • Year Built: 2022
  • Stories: 1
  • Living Area: 1,121 SqFt

Listing Office:

  • Office Name: Inspired Capital, LLC
  • Office Phone: (210) 239-3640
  • Listing Agent: Sam El-Gizawy

Interior Features

Interior Information:

  • Appliances: Electric Range, Dryer, Dishwasher, Refrigerator, Washer
  • Flooring Type: Concrete, Stone, Terrazzo, Wood
  • Interior: Main Level Primary, Open Floorplan, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: See Remarks
  • View: City, Park, Lake, Water
  • Exterior: Balcony

Parking Information:

  • Garage Space: 1 space
  • Parking: See Remarks, Guest, Valet

Lot Features

Lot Information:

  • Lot: See Remarks
  • Lot Size: 0.00 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From I-35, turn onto River Street, turn onto East Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,195,000
  • Price Per SqFt: $1,066/SqFt

HOA Fees:

  • Amount: $938
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Austin, TX.

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Austin, TX

City

Med. Sold Price

$566.4K

Med. Price/SqFt

$307

Avg. Days On Market

72

# of Sold Homes

669

48 E Ave Unit 1301 vs Austin

275 DAYS ON ROCKET

+203 Days

$1,195,000

+$628.5K More

$1,066/SqFt

+$758 More

KEY TAKEAWAY

This property is $628.5K more than the Median Sold Price and $758/SqFt more than other homes in Austin, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ACTRIS
  • MLS Number: #2564106

Listing Office:

  • Office Name: Inspired Capital, LLC
  • Office Phone: (210) 239-3640
  • Listing Agent: Sam El-Gizawy

IDX Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

Copyright 2024 Unlock MLS and Austin Central Texas Realty Information Services, Inc.

IDX Listings courtesy of Unlock MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 11/21/2024, 12:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$6,970

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,649

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-294597
5
/10

  • Sanchez Elementary School

  • 73 San Marcos St

  • 0.25 miles

  • Public District Grades PK-5

school-card-donut-294598
6
/10

  • Zavala Elementary School

  • 310 Robert T Martinez Jr St

  • 1.10 miles

  • Public District Grades EE-5

school-card-donut-294599
7
/10

  • Travis Heights Elementary School

  • 2010 Alameda Dr

  • 1.11 miles

  • Public Charter Grades EE-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,389. Typical income of Austin, TX residents is less than $35k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 48 E Ave Unit 1301

What is the listing price of this property?

The listing price of 48 E Ave Unit 1301 property is $1,195,000.

What type of property is this?

The property 48 E Ave Unit 1301 is a condo located in Austin, Texas, 78701.

Is this property for sale now?

Active Listing: 48 E Ave Unit 1301 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 48 E Ave Unit 1301 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 48 E Ave Unit 1301 is 1,121 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 48 E Ave Unit 1301 is 2022.

Rocket Homes›Texas›Travis County›Austin›78701›48 E Ave Unit 1301

This home is located at 48 E Ave Unit 1301 in Austin, TX and zip code 78701 in the Downtown neighborhood. This 1,121 square foot home, which was built in 2022, sits on a 0.00 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 20, 2024 and is currently priced at $1,195,000.

In October 2024 more than 66 listings in Austin, TX were sold above the asking price. During the same period more than 96 listings were sold at asking price, while more than 506 were sold below. The inventory of homes for sale in Austin, TX between September 2024 and October 2024 increased by 6.3%. In October 2024, listings were on the market for 72 days. During the same period, the median list price in this real estate market was $566,430.

From Rocket Homes Real Estate and based on county public records data.

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