Austin, TX 78701,48 East Ave #1509

$899,000

Est. payment /mo
Est.Price: ?

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48 East Ave #1509 Austin, TX 78701

2 Beds

2 Baths

982 SqFt

SOLD DATE : 09/23/2024

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Sold

Purchase Type For Sale

Square Footage 982 sqft

Price per Sqft $827

Subdivision Natiivo

MLS Listing ID 5437535

Sold Date 09/23/24

Style Tower (14+ Stories)

Bedrooms 2

Full Baths 2

HOA Fees $806/mo

Originating Board actris

Year Built 2020

Tax Year 2023

Lot Size 0.411 Acres

Property Description

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. Comes with one complimentary valet parking spot and a 2nd one for $1800/year.

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.

Location

State TX

County Travis

Rooms

Main Level Bedrooms 2

Interior

Interior Features Two Primary Baths, Two Primary Suties, High Ceilings, Double Vanity, Eat-in Kitchen, Elevator, Primary Bedroom on Main, Walk-In Closet(s), See Remarks

Heating Central

Cooling Central Air

Flooring Terrazzo, Tile, Wood

Fireplaces Type None

Fireplace Y

Appliance Built-In Electric Oven, Built-In Electric Range, Convection Oven, Cooktop, Dishwasher, Disposal, Electric Cooktop, Microwave, Electric Oven, Refrigerator, See Remarks, Stainless Steel Appliance(s), Washer/Dryer Stacked

Exterior

Exterior Feature Balcony

Garage Spaces 1.0

Fence None

Pool Cabana, In Ground, Outdoor Pool, See Remarks

Community Features BBQ Pit/Grill, Bike Storage/Locker, Clubhouse, Concierge, Controlled Access, Covered Parking, Dog Park, Fitness Center, Garage Parking, High Speed Internet, Lock and Leave, Pool, Rooftop Lounge, See Remarks

Utilities Available Cable Connected, Electricity Available, High Speed Internet, Phone Available, Sewer Available, Water Available, See Remarks

Waterfront Yes

Waterfront Description Lake Front,See Remarks

View See Remarks

Roof Type Concrete

Accessibility None

Porch None

Parking Type Attached, Garage, Valet, See Remarks

Total Parking Spaces 1

Private Pool Yes

Building

Lot Description Views

Faces South

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Concrete

New Construction No

Schools

Elementary Schools Mathews

Middle Schools O Henry

High Schools Austin

School District Austin Isd

Others

HOA Fee Include Cable TV,Common Area Maintenance,Insurance,Internet,Parking,Trash

Restrictions City Restrictions,Covenant,Deed Restrictions

Ownership Common

Acceptable Financing Cash, Conventional, Owner May Carry

Tax Rate 1.8

Listing Terms Cash, Conventional, Owner May Carry

Special Listing Condition Standard

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Listed by Compass RE Texas, LLC
Bought with Re/Max Property Group

DeeDee Nutt

Advisor | License ID: 812858

+1(512) 731-5083

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