2 months on rocket

48 E Ave Unit 1301, Austin, TX, 78701

$1,195,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
1,121 SqFt
$1,066/SqFt
Condo
Schools Nearby

Location

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48 E Ave Unit 1301, Austin$1,195,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingSee Remarks, Guest, Valet
Garage1 space
Year Built2022
HeatingCentral, Electric
CoolingCentral Air
WaterfrontSee Remarks
ViewCity, Park, Lake, Water
MLS #2564106
Lot Size0.00 Acres
StatusActive

About 48 E Ave Unit 1301

Introducing an enchanting, fully-furnished condo in the recently completed Natiivo Austin building, finalized in Spring 2022. Situated on the 13th floor, this residence provides captivating views of the downtown skyline, offering a picturesque panorama of the Austin cityscape. Its prime location makes it easily walkable to the Rainey Street District, Downtown, the hike & bike trails along Lady Bird Lake, and Eastside attractions. This two-bedroom, two-full-bathroom condo boasts an open-concept floor plan and a modern kitchen with stainless steel appliances and dark wood cabinets, providing a perfect blend of location, simplicity, and turn-key ownership. Natiivo Austin delivers a hotel-style living experience with a suite of amenities, including a 24-hour concierge, multiple lounge spaces, 24-hour valet parking, a resort-style rooftop pool, and a fully-equipped fitness center. This unique investment opportunity allows for short-term rentals. Natiivo introduces a novel concept in hospitality, offering flexible ownership. As a high-end hotel, it permits owners to reside part-time while leasing their condos as short-term rentals, fully managed with onsite staff, providing the service and luxury associated with a hotel. Additional features encompass a dog run, rooftop fireplace, pet washing station, bike storage, and more. The unit's thoughtful design ensures a seamless transition into this luxurious, contemporary lifestyle.

Property Details

Property Features

Property Information:

  • Year Built: 2022
  • Stories: 1
  • Living Area: 1,121 SqFt

Listing Office:

  • Office Name: Inspired Capital, LLC
  • Office Phone: (573) 823-9476
  • Listing Agent: Sam El-Gizawy

Interior Features

Interior Information:

  • Appliances: Electric Range, Dryer, Dishwasher, Refrigerator, Washer
  • Flooring Type: Concrete, Stone, Terrazzo, Wood
  • Interior: Main Level Primary, Open Floorplan, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: See Remarks
  • View: City, Park, Lake, Water
  • Exterior: Balcony

Parking Information:

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

Lot Features

Lot Information:

  • Lot: See Remarks
  • Lot Size: 0.00 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • 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 I-35, turn onto River Street, turn onto East Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,195,000
  • Price Per SqFt: $1,066/SqFt

HOA Fees:

  • Amount: $938
  • 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 1301 vs Austin

75 DAYS ON ROCKET

+29 Days

$1,195,000

+$626.6K More

$1,066/SqFt

+$755 More

KEY TAKEAWAY

This property is $626.6K more than the Median Sold Price and $755/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: #2564106

Listing Office:

  • Office Name: Inspired Capital, LLC
  • Office Phone: (573) 823-9476
  • Listing Agent: Sam El-Gizawy

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: 5/5/2024, 8:20:31 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.

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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-6667831
6
/10
  • Matthews Elementary School

  • 906 Westlynn St

  • 2.00 miles

  • Public District Grades PK-6

Middle School

school-card-donut-6667832
5
/10
  • O. Henry Middle School

  • 2610 W 10th St

  • 2.90 miles

  • Public District Grades 6-8

High School

school-card-donut-6667833
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. The majority of families are 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 1301

What is the listing price of this property?

The listing price of 48 E Ave Unit 1301 property is $1,195,000.

What type of property is this?

The property 48 E Ave Unit 1301 is a condo located in Austin, Texas, 78701.

Is this property for sale now?

Active Listing: 48 E Ave Unit 1301 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 1301 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 1301 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 48 E Ave Unit 1301 is 1,121 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 48 E Ave Unit 1301 is 2022.

Rocket HomesTexasTravis CountyAustin7870148 E Ave Unit 1301

This home is located at 48 E Ave Unit 1301 in Austin, TX and zip code 78701 in the Downtown neighborhood. This 1,121 square foot home, which was built in 2022, sits on a 0.00 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 20, 2024 and is currently priced at $1,195,000.

While more than 195 listings in Austin, TX in April 2024 were sold above asking price, there were more than 158 listings sold at asking price, and more than 571 were sold below. The number of homes for sale in Austin, TX increased by 18.7% between March 2024 and April 2024. While the average time on the market in April 2024 was 46 days, the median list price was $568,336.

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

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