6 months on rocket

48 E Ave Unit 1604, Austin, TX, 78701

$719,999

Home List Price

$8,550*

Closing Credit

1 Bedroom
1 Full Bath
901 SqFt
$799/SqFt
Condo
Schools Nearby

Location

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48 E Ave Unit 1604, Austin$719,999

Buyer Closing Credits

$8,550*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingValet
Garage1 space
Year Built2021
HeatingCentral
CoolingCentral Air
WaterfrontNone
ViewCity Lights, City
MLS #5614818
Lot Size0.00 Acres
StatusActive

About 48 E Ave Unit 1604

Beautiful, fully furnished luxury condo on the 16th floor features amazing views to the North and East, plus unexpected views of Ladybird Lake to the West. This corner unit is filled with ample natural light, warm aesthetics with an Austin feel. One-of-a-kind building in Austin: zoned “hotel” means no limits on STR and no additional permits needed! This unit is turnkey with immediate rentable opportunities. Every room boasts natural light with floor to ceiling windows. Step out onto the balcony and enjoy views of Lady Bird Lake and Austin's Eastside horizon. Luxury interior finishes included custom European style cabinets, stone counter tops and terrazzo style back splash. Luxurious king-sized bed with high-end mattress; modern sleeper-sofa in the loft area. Perfect location steps from lake & river paths, downtown shops & restaurants, live music venues, festival grounds, and Convention Center – all easily accessible by foot, scooters and electric bikes. Easy access to highways, central Austin neighborhoods, and major airport. Natiivo Austin is a one-of-a-kind ownership experience with the luxuries, services, and amenities which include workout facility, pool, cabana's, game room, dog park, dog washing station, and more with the added flexibility to list on any home sharing platform as desired. The only residential building offering unique homesharing opportunities.

Property Details

Property Features

Property Information:

  • Year Built: 2021
  • Stories: 1
  • Living Area: 901 SqFt

Listing Office:

  • Office Name: Compass RE Texas, LLC
  • Office Phone: (512) 241-1300
  • Listing Agent: Lily Lynn

Interior Features

Interior Information:

  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Cooktop, Disposal, Refrigerator, Stainless Steel Appliance(s)
  • Flooring Type: Tile, Wood
  • Interior: High Ceilings, High Speed Internet, Main Level Primary, Open Floorplan, Quartz Counters

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

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

Parking Information:

  • Garage Space: 1 space
  • Parking: Valet

Lot Features

Lot Information:

  • Lot Size: 0.00 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 head west, turn right on Lambie ST, left on East Ave, building will be on our right

Price Information

Listing Price Info

Price Summary:

  • List Price: $719,999
  • Price Per SqFt: $799/SqFt

HOA Fees:

  • Amount: $743
  • Frequency: Monthly
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Housing Market Comparison

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

Med. Sold Price

$568.8K

Med. Price/SqFt

$311

Avg. Days On Market

56

# of Sold Homes

812

48 E Ave Unit 1604 vs Austin

190 DAYS ON ROCKET

+134 Days

$719,999

+$151.1K More

$799/SqFt

+$488 More

KEY TAKEAWAY

This property is $151.1K more than the Median Sold Price and $488/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: #5614818

Listing Office:

  • Office Name: Compass RE Texas, LLC
  • Office Phone: (512) 241-1300
  • Listing Agent: Lily Lynn

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: 4/29/2024, 3:25:13 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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$4,404

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,225

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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-2848194
6
/10
  • Matthews Elementary School

  • 906 Westlynn St

  • 2.00 miles

  • Public District Grades PK-6

Middle School

school-card-donut-2848195
5
/10
  • O. Henry Middle School

  • 2610 W 10th St

  • 2.90 miles

  • Public District Grades 6-8

High School

school-card-donut-2848196
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. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 48 E Ave Unit 1604

What is the listing price of this property?

The listing price of 48 E Ave Unit 1604 property is $719,999.

What type of property is this?

The property 48 E Ave Unit 1604 is a condo located in Austin, Texas, 78701.

Is this property for sale now?

Active Listing: 48 E Ave Unit 1604 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 1604 are:
Matthews Elementary School: GreatSchools Rating 6/10
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 1604 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 48 E Ave Unit 1604 is 901 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 48 E Ave Unit 1604 is 2021.

Rocket HomesTexasTravis CountyAustin7870148 E Ave Unit 1604

This home is located at 48 E Ave Unit 1604 in Austin, TX and zip code 78701 in the Downtown neighborhood. This 901 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 October 21, 2023 and is currently priced at $719,999.

In March 2024, from all listings sold in Austin, TX there were more than 159 sold above asking price, over 503 sold below and more than 150 were sold right at the asked price. The number of homes for sale in Austin, TX increased by 21.3% between February 2024 and March 2024. The median list price of listings available in March 2024 was $568,825, while the average time on the real estate market was 56 days.

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

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