7 months on rocket

48 E Ave Unit 1405, Austin, TX, 78701

$615,000

Home List Price

$7,303*

Closing Credit

1 Bedroom
1 Full Bath
706 SqFt
$871/SqFt
Condo
Schools Nearby

Location

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48 E Ave Unit 1405, Austin$615,000

Buyer Closing Credits

$7,303*

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 #7163503
Lot Size0.00 Acres
StatusActive

About 48 E Ave Unit 1405

Discover the epitome of urban luxury at Natiivo Austin, located in the heart of downtown. This fully furnished, move-in-ready condo offers immediate income potential, thanks to its unique hotel zoning—perfect for short-term rentals like Airbnb. Step into a modern, open-concept unit featuring high ceilings, wood and tile flooring, and a state-of-the-art kitchen with quartz countertops and stainless steel appliances. The living area and bedroom are flooded with natural light brought in by the floor-to-ceiling windows that also give way to panoramic views of east Austin and the river. Valet parking for owners and guests is included by the HOA and you can take advantage of the building's top-tier amenities. Enjoy the convenience of valet parking, a lobby coffee shop, a dedicated yoga studio, a game room, and a well-equipped fitness center. For pet owners, a dog park is available, and the 33rd-floor resort-style pool offers a sublime escape. Own this premier piece of Downtown Austin and booming Rainey Street you will be within walking distance of Austin's best dining, shopping, and entertainment, with Lady Bird Lake just minutes away. Don't miss this investment opportunity—schedule your private tour today!

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: Spyglass Realty
  • Office Phone: (806) 281-7084
  • Listing Agent: Cory Mortensen

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, Open Floorplan, Quartz Counters, Recessed Lighting, Smart Thermostat, Walk-In Closet(s), 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

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: 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: $615,000
  • Price Per SqFt: $871/SqFt

HOA Fees:

  • Amount: $650
  • 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

$568.3K

Med. Price/SqFt

$310

Avg. Days On Market

46

# of Sold Homes

925

48 E Ave Unit 1405 vs Austin

226 DAYS ON ROCKET

+180 Days

$615,000

+$46.6K More

$871/SqFt

+$560 More

KEY TAKEAWAY

This property is $46.6K more than the Median Sold Price and $560/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: #7163503

Listing Office:

  • Office Name: Spyglass Realty
  • Office Phone: (806) 281-7084
  • Listing Agent: Cory Mortensen

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: 5/7/2024, 3:20:33 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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Rate/APR

7.5% / 6.68%

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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-7630077
6
/10

  • Matthews Elementary School

  • 906 Westlynn St

  • 2.00 miles

  • Public District Grades PK-6

Middle School

school-card-donut-7630078
5
/10

  • O. Henry Middle School

  • 2610 W 10th St

  • 2.90 miles

  • Public District Grades 6-8

High School

school-card-donut-7630079
6
/10

  • Austin High School

  • 1715 W Cesar Chavez St

  • 2.12 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,389. The most common annual income of people living in Austin, TX is less than $35k. Most 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 1405

What is the listing price of this property?

The listing price of 48 E Ave Unit 1405 property is $615,000.

What type of property is this?

The property 48 E Ave Unit 1405 is a condo located in Austin, Texas, 78701.

Is this property for sale now?

Active Listing: 48 E Ave Unit 1405 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 1405 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 1405 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 48 E Ave Unit 1405 is 706 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 48 E Ave Unit 1405 is 2021.

Rocket Homes›Texas›Travis County›Austin›78701›48 E Ave Unit 1405

This home is located at 48 E Ave Unit 1405 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 September 24, 2023 and is currently priced at $615,000.

Over 195 listings were sold over their listed price in April 2024 in Austin, TX. In the same period over 571 listings were sold below the listed price and 158 listings were sold for the listed price. The number of homes for sale in Austin, TX increased by 18.7% between March 2024 and April 2024. In April 2024, listings were on the market for 46 days. During the same period, the median list price in this real estate market was $568,336.

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

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