25 days on rocket

48 E Ave Unit 1509, Austin, TX, 78701

$899,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
982 SqFt
$915/SqFt
Condo
Schools Nearby

Location

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48 E Ave Unit 1509, Austin$899,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingAttached, Garage, See Remarks, Valet, Covered, Guest
Garage1 space
Year Built2020
HeatingCentral
CoolingCentral Air
WaterfrontLake Front, See Remarks
FireplaceNone
Private PoolYes
MLS #5437535
Lot Size0.41 Acres
StatusActive

About 48 E Ave Unit 1509

YOU CAN BUY THIS $899K home for the same payment as a $760K home. UPGRADE into this Home. SELLER FINANCING AVAILABLE with MUCH lower than market rates. Buyer can get a rate between 4.99% to 5.99% depending on down payment, and SAVE $37K in closing costs. MINIMUM of 20% down and Buyer must get pre-approved with Leahy Lending for seller financing consideration. NO formal underwriting, MUCH lower closing costs, NO discount points, close as fast as 10 days – Experience how lending should be done. Nestled in the vibrant Rainey Street district, this 2-bedroom, 2-bathroom condo in the Natiivo highrise offers a seamless blend of hotel-inspired living with the comforts of home. This 982 sqft unit is distinguished by its dual opportunity: a luxury residence and a potential income generator, thanks to its unique short-term rental policy that doesn’t require a license. The condo unfolds into an open-plan living, dining, and kitchen area, designed for both entertaining and daily comfort. The layout smartly separates two generously sized bedrooms, each accompanied by elegantly appointed bathrooms, ensuring privacy and tranquility. The space is enhanced with high-end finishes and comes fully furnished, reflecting both style and functionality. Built in 2021, Natiivo doesn't skimp on amenities. Residents benefit from 24-hour concierge service, valet parking, and an array of wellness and leisure facilities. The highlight is a resort-style rooftop pool and lounge area, promising stunning views and a sublime escape from the urban hustle. Additional amenities include a state-of-the-art fitness center, Peloton studios, a yoga studio, and conference rooms. For added convenience, a wine and coffee bar is located on the first floor, catering to both your caffeine fix and evening unwind needs.

Property Details

Property Features

Property Information:

  • Year Built: 2020
  • Stories: 1
  • Living Area: 982 SqFt

Listing Office:

  • Office Name: Compass RE Texas, LLC
  • Office Phone: (512) 575-3644
  • Listing Agent: Matt Holm

Interior Features

Interior Information:

  • Appliances: Electric Oven, Electric Range, Convection Oven, Cooktop, Washer/Dryer Stacked, Dishwasher, Electric Cooktop, Disposal, Microwave, Refrigerator, Other, Stainless Steel Appliance(s)
  • Flooring Type: Terrazzo, Tile, Wood
  • Interior: Double Vanity, Eat-in Kitchen, Elevator, High Ceilings, Main Level Primary, Multiple Primary Suites, See Remarks, Walk-In Closet(s), High Speed Internet
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Lake Front, See Remarks
  • Exterior: Balcony

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Views
  • Lot Size: 0.41 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Austin High School, Public District Grades 9-12
  • O. Henry Middle School, Public District Grades 6-8
  • Matthews Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: The sales center is located at 219 West 4th Street. Corner of 4th and Lavaca.

Price Information

Listing Price Info

Price Summary:

  • List Price: $899,000
  • Price Per SqFt: $915/SqFt

HOA Fees:

  • Amount: $639
  • Frequency: Monthly
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Housing Market Comparison

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

Med. Sold Price

$568.3K

Med. Price/SqFt

$310

Avg. Days On Market

46

# of Sold Homes

925

48 E Ave Unit 1509 vs Austin

25 DAYS ON ROCKET

-21 Days

$899,000

+$330.6K More

$915/SqFt

+$604 More

KEY TAKEAWAY

This property is $330.6K more than the Median Sold Price and $604/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: #5437535

Listing Office:

  • Office Name: Compass RE Texas, LLC
  • Office Phone: (512) 575-3644
  • Listing Agent: Matt Holm

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: 5/29/2024, 6:20:32 AM 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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Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,762

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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.

Elementary School

school-card-donut-4270711
8
/10
  • Matthews Elementary School

  • 906 Westlynn St

  • 2.00 miles

  • Public District Grades PK-6

Middle School

school-card-donut-4270712
5
/10
  • O. Henry Middle School

  • 2610 W 10th St

  • 2.90 miles

  • Public District Grades 6-8

High School

school-card-donut-4270713
6
/10
  • Austin High School

  • 1715 W Cesar Chavez St

  • 2.12 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,389. Residents of Austin, TX typically earn less than $35k each year. Most families are 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 1509

What is the listing price of this property?

The listing price of 48 E Ave Unit 1509 property is $899,000.

What type of property is this?

The property 48 E Ave Unit 1509 is a condo located in Austin, Texas, 78701.

Is this property for sale now?

Active Listing: 48 E Ave Unit 1509 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 48 E Ave Unit 1509 are:
Matthews Elementary School: GreatSchools Rating 8/10
O. Henry Middle School: GreatSchools Rating 5/10
Austin High School: GreatSchools Rating 6/10

How many bedrooms and bathrooms does this property have?

The property at 48 E Ave Unit 1509 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 48 E Ave Unit 1509 is 982 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 48 E Ave Unit 1509 is 2020.

Rocket HomesTexasTravis CountyAustin7870148 E Ave Unit 1509

This home is located at 48 E Ave Unit 1509 in Austin, TX and zip code 78701 in the Downtown neighborhood. This 982 square foot home, which was built in 2020, sits on a 0.41 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 03, 2024 and is currently priced at $899,000.

In April 2024 more than 195 listings in Austin, TX were sold above the asking price. During the same period more than 158 listings were sold at asking price, while more than 571 were sold below. The number of listings in Austin, TX increased by 18.7% between March 2024 and April 2024. Listings spent 46 days on the market in April 2024, and had a median list price of $568,336 during the same period.

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

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