4 months on rocket

48 E Ave Unit 2405, Austin, TX, 78701

$590,000

Home List Price

$7,006*

Closing Credit

1 Bedroom
1 Full Bath
706 SqFt
$836/SqFt
Condo

Location

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48 E Ave Unit 2405, Austin$590,000

Buyer Closing Credits

$7,006*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Private, Covered, Valet
Year Built2021
HeatingCentral
CoolingCentral Air
WaterfrontNone
ViewCity, River, Trees/Woods, Water
MLS #8529446
Lot Size0.00 Acres
StatusActive

About 48 E Ave Unit 2405

Walk into your 24th floor one-bedroom luxury condo, steps away from Lady Bird Lake trails and Rainey Street. The building (Natiivo–built 2021) functions as a STR-permitted condotel, meaning there are no restrictions on STR usage, there are no additional permits required, and a turn-key Airbnb service operates within the building. The unit features lofted concrete ceilings, wood floors, and floor-to-ceiling windows offering a sweeping vista of the lake. You will enjoy a full kitchen of Bosch appliances and stone countertops, spacious walk-in shower, in-unit washer/dryer, and substantial storage space. Building residents are treated to a rooftop pool with panoramic views of the entire downtown Austin skyline, contemporary fitness center with Peloton bikes, 24-hour garaged valet parking and concierge service, key-protected elevators, tenth-floor dog park, yoga studio, Cuvee coffee shop and bar in lobby, conference rooms, and game room. Unit can come furnished as is if wanted.

Property Details

Property Features

Property Information:

  • Year Built: 2021
  • Stories: 1
  • Living Area: 706 SqFt

Listing Office:

  • Office Name: KTB Real Estate Services, LLC
  • Office Phone: (512) 217-3230
  • Listing Agent: Lan Chu

Interior Features

Interior Information:

  • Appliances: Cooktop, Dryer, Washer/Dryer Stacked, Dishwasher, Electric Cooktop, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Flooring Type: Tile, Wood
  • Interior: Built-in Features, High Ceilings, Main Level Primary, No Interior Steps, Quartz Counters, Recessed Lighting, High Speed Internet, Programmable Thermostat

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: City, River, Trees/Woods, Water
  • Exterior: None

Parking Information:

  • Parking: Assigned, Private, Covered, Valet

Lot Features

Lot Information:

  • Lot: City Lot, Views
  • Lot Size: 0.00 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Exit I-35 to turn onto Red River Street. Turn on to 40 block of East Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $590,000
  • Price Per SqFt: $836/SqFt

HOA Fees:

  • Amount: $588
  • 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

$567.4K

Med. Price/SqFt

$308

Avg. Days On Market

74

# of Sold Homes

602

48 E Ave Unit 2405 vs Austin

130 DAYS ON ROCKET

+56 Days

$590,000

+$22.5K More

$836/SqFt

+$528 More

KEY TAKEAWAY

This property is $22.5K more than the Median Sold Price and $528/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: #8529446

Listing Office:

  • Office Name: KTB Real Estate Services, LLC
  • Office Phone: (512) 217-3230
  • Listing Agent: Lan Chu

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: 12/18/2024, 10:20:52 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.

Payment Calculator

$3,600

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,835

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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-4491251
5
/10

  • Sanchez Elementary School

  • 73 San Marcos St

  • 0.25 miles

  • Public District Grades PK-5

school-card-donut-4491252
6
/10

  • Zavala Elementary School

  • 310 Robert T Martinez Jr St

  • 1.10 miles

  • Public District Grades EE-5

school-card-donut-4491253
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. Residents of Austin, TX typically earn less than $35k each year. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 48 E Ave Unit 2405

What is the listing price of this property?

The listing price of 48 E Ave Unit 2405 property is $590,000.

What type of property is this?

The property 48 E Ave Unit 2405 is a condo located in Austin, Texas, 78701.

Is this property for sale now?

Active Listing: 48 E Ave Unit 2405 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 2405 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 48 E Ave Unit 2405 is 706 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 48 E Ave Unit 2405 is 2021.

Rocket Homes›Texas›Travis County›Austin›78701›48 E Ave Unit 2405

This home is located at 48 E Ave Unit 2405 in Austin, TX and zip code 78701 in the Downtown neighborhood. This 706 square foot home, which was built in 2021, sits on a 0.00 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since August 09, 2024 and is currently priced at $590,000.

While more than 59 listings in Austin, TX in November 2024 were sold above asking price, there were more than 96 listings sold at asking price, and more than 446 were sold below. The number of listings in Austin, TX decreased by 1.1% between October 2024 and November 2024. In November 2024, listings were on the market for 74 days. During the same period, the median list price in this real estate market was $567,441.

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

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