2 months on rocket

48 E Ave Unit 2903, Austin, TX, 78701

$625,000

Home List Price

$7,422*

Closing Credit

1 Bedroom
1 Full Bath
641 SqFt
$975/SqFt
Condo

Location

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48 E Ave Unit 2903, Austin$625,000

Buyer Closing Credits

$7,422*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingElectric Vehicle Charging Station(s), Garage, Permit Required, Unassigned, Guest, Valet
Garage1 space
Year Built2021
HeatingCentral
CoolingCentral Air
WaterfrontNone
ViewCity, Lake
MLS #3470457
Lot Size0.41 Acres
StatusActive

About 48 E Ave Unit 2903

Pristine 29th Floor Condo unit fully-furnished and ready to start your Short Term Rental venture! This unit has excellent balcony views of the lake and includes all appliances and furniture. Natiivo is a premium building zoned as a hotel enabling STR. You can also long-term rent or use as second home if desired! This unit has 93%+ STR occupancy rate. Highly desired and excellently managed. Natiivo is a 33-story hi-rise with easy navigation for your guests with 1 button push elevator access to clearly labeled amenities including coffee bar/library/common area on first floor, full gym with multiple private Peloton rooms, dog park, outdoor picnic areas, yoga studio with weekly classes, game room with kitchen facilities, and a rooftop pool with cabanas and outdoor fireplace. Close to all the action with breath-taking views of Lady Bird Lake, direct access to Waller Beach, Butler Hike and Bike Trail, Rainey Street entertainment, and so much more!

Property Details

Property Features

Property Information:

  • Year Built: 2021
  • Stories: 1
  • Living Area: 641 SqFt

Listing Office:

  • Office Name: Austin Home Seekers
  • Office Phone: (512) 703-7416
  • Listing Agent: Chris Matthews

Interior Features

Interior Information:

  • Appliances: Electric Oven, Dryer, Dishwasher, Electric Cooktop, Refrigerator, Disposal, Microwave, Stainless Steel Appliance(s), Washer
  • Flooring Type: Tile, Wood
  • Interior: Ceiling Fan(s), High Ceilings, Main Level Primary, No Interior Steps, Open Floorplan, Quartz Counters, Smart Thermostat, High Speed Internet

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: City, Lake
  • Exterior: Balcony

Parking Information:

  • Garage Space: 1 space
  • Parking: Electric Vehicle Charging Station(s), Garage, Permit Required, Unassigned, Guest, Valet

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: From I35 exit Cesar Chavez and head west. LEFT on Red River St. RIGHT on Rainey St. Follow Rainey St. until it ends and bends left. Take a LEFT on East Avenue and building is immediately on left. 48 East Ave. You can also take I35 service road to East Ave, but follow detour signs from construction.

Price Information

Listing Price Info

Price Summary:

  • List Price: $625,000
  • Price Per SqFt: $975/SqFt

HOA Fees:

  • Amount: $531
  • Frequency: Monthly
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Housing Market Comparison

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

Med. Sold Price

$566.1K

Med. Price/SqFt

$308

Avg. Days On Market

65

# of Sold Homes

609

48 E Ave Unit 2903 vs Austin

77 DAYS ON ROCKET

+12 Days

$625,000

+$58.8K More

$975/SqFt

+$667 More

KEY TAKEAWAY

This property is $58.8K more than the Median Sold Price and $667/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: #3470457

Listing Office:

  • Office Name: Austin Home Seekers
  • Office Phone: (512) 703-7416
  • Listing Agent: Chris Matthews

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: 10/31/2024, 9:20:49 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.

Payment Calculator

$3,718

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,940

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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-872665
8
/10
  • Matthews Elementary School

  • 906 Westlynn St

  • 2.00 miles

  • Public District Grades PK-6

Middle School

school-card-donut-872666
5
/10
  • O. Henry Middle School

  • 2610 W 10th St

  • 2.90 miles

  • Public District Grades 6-8

High School

school-card-donut-872667
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. 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 2903

What is the listing price of this property?

The listing price of 48 E Ave Unit 2903 property is $625,000.

What type of property is this?

The property 48 E Ave Unit 2903 is a condo located in Austin, Texas, 78701.

Is this property for sale now?

Active Listing: 48 E Ave Unit 2903 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 2903 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 2903 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 48 E Ave Unit 2903 is 641 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 48 E Ave Unit 2903 is 2021.

Rocket HomesTexasTravis CountyAustin7870148 E Ave Unit 2903

This home is located at 48 E Ave Unit 2903 in Austin, TX and zip code 78701 in the Downtown neighborhood. This 641 square foot home, which was built in 2021, sits on a 0.41 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since August 15, 2024 and is currently priced at $625,000.

In September 2024, from all listings sold in Austin, TX there were more than 72 sold above asking price, over 444 sold below and more than 93 were sold right at the asked price. The number of homes for sale in Austin, TX increased by 4.1% between August 2024 and September 2024. The median list price of listings available in September 2024 was $566,156, while the average time on the real estate market was 65 days.

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

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