48 E East Ave # 3203, Austin TX 78701

$ 650,000
48 E East Ave # 3203, Austin TX 78701, ,

Overview

  • Property ID
  • 1136263
  • 1 Bedrooms
  • 1 Bathrooms
  • 641 ft2

Description

Income-producing property, fully furnished and ready for short-term rentals. The condo is almost always occupied, we have a good property management company. Great income potential. Currently yielding about $7k/month. This condominium residence is situated on the highest floor, boasting elegant hardwood flooring, a seamless glass shower, and expansive floor-to-ceiling windows that open onto a balcony with sweeping views of Downtown Austin. Nestled within the sought-after Rainey Street Historic District, it offers convenient access to an array of dining venues, vibrant bars, the serene Lady Bird Lake, and the scenic Ann and Roy Butler Hike & Bike Trail, all within walking distance. Additionally, it is just a few minutes away from downtown Austin. Included in the sale: one-car garage parking with 24-hour valet service, internet Wi-Fi, trash utilities, and high-end appliances such as a washer, dryer, refrigerator, TV, all furniture and silverware.
Furthermore, residents enjoy a wealth of five-star amenities, including a 33rd-floor rooftop swimming pool and clubhouse, 10th-floor fitness facilities (comprising a fitness center, Peloton bike studios, outdoor workout area, and yoga studio), co-working spaces, a lobby coffee bar, outdoor terrace and garden with a rooftop fireplace, 24-hour valet parking, bike storage, a dedicated dog run, and a pet washing station. With a walk score of 84 and a transit score of 60, this condominium offers both convenience and luxury living.

Outdoor Details
balcony
Other Features
Built-In Electric Oven
Built-in Features
Built-In Oven(s)
Built-In Refrigerator
Dishwasher
Disposal
Has Garage
High Ceilings
Home Owners Association
Microwave
Primary Bedroom on Main
Property Attached
Quartz Counters
Storage
Walk-In Closet(s)
Washer/Dryer
Property Id : 1136263
Price: $ 650,000
Property Size: 641 ft2
Bedrooms: 1
Bathrooms: 1
Syndication Remarks: This condominium residence is situated on the highest floor, boasting elegant hardwood flooring, a seamless glass shower, and expansive floor-to-ceiling windows that open onto a balcony with sweeping views of Downtown Austin. Nestled within the sought-after Rainey Street Historic District, it offers convenient access to an array of dining venues, vibrant bars, the serene Lady Bird Lake, and the scenic Ann and Roy Butler Hike & Bike Trail, all within walking distance. Additionally, it is just a few minutes away from downtown Austin. Included in the sale: one-car garage parking with 24-hour valet service, internet Wi-Fi, trash utilities, and high-end appliances such as a washer, dryer, refrigerator, TV, all furniture and silverware. Furthermore, residents enjoy a wealth of five-star amenities, including a 33rd-floor rooftop swimming pool and clubhouse, 10th-floor fitness facilities (comprising a fitness center, Peloton bike studios, outdoor workout area, and yoga studio), co-working spaces, a lobby coffee bar, outdoor terrace and garden with a rooftop fireplace, 24-hour valet parking, bike storage, a dedicated dog run, and a pet washing station. With a walk score of 84 and a transit score of 60, this condominium offers both convenience and luxury living.
Parking Features: Garage
Lot Size(acres): 0
Lot Size(sf): 0
Country: US
Last Listing Change: 2024-08-16T18:25:07.713Z
Builder Name: Natiivo
Property Key: 48453|958750|1|268443802
Status Contractual Search Date: 2024-04-23
Listing Key Numeric: 122022744
Est. Taxes: 12443
Originating System Key: actris
Originating System Name: ABOR - actris
FEMA Flood Plain: No
#Photos: 20
State: TX
Last Status Change: 2024-04-23T14:33:06.703Z
Street Dir Prefix: E
Street Name: East
Laundry Location: In Unit
Street# Ext.: 48
Street#: 48
Street Suffix: Ave
#Dining: 0
#Living: 1
Property Match: Address
$/SF: 1014.04
Unit Style: High Rise (8-13 Stories)
Accessibility Features: None
HOA Fee: 538
HOA Fee Frequency: Monthly
HOA includes: Cable TV,Maintenance Grounds,Security,Trash
HOA Name: HOA
Full Baths: 1
Half Baths: 0
Total Baths: 1
Community Features: BBQ Pit/Grill,Business Center,Clubhouse,Cluster Mailbox,Concierge,Conference/Meeting Room,Courtyard,Dog Park,Fitness Center,Game Room,Garage Parking,High Speed Internet,Lounge,Pet Amenities,Pool,Rooftop Lounge,VALET
Construction Materials: Block,Concrete,Glass,Stone,Stucco
Cooling: Central Air
Covered Spaces: 1
Faces: NW
Directions: From I35, exit Cesar Chavez. Take frontage road and turn right on Lambie St. Building will be on the left.
Elem School: Mathews
Elem School District: Austin ISD
Fencing: None
#Fireplaces: 0
Flooring: Tile,Wood
Foundation Details: Slab
Garage Spaces: 1
Heating: Central
High School: Austin
High School District: Austin ISD
Levels: One
Listing ID: 4808943
Listing Terms: Cash,Conventional,FHA,VA Loan
SF Source: Builder
Lot Features: Interior Lot
MLS Area Major: DT
Main Level Beds: 1
Middle School: O Henry
Middle School District: Austin ISD
Status: Active
Other Structures: None
Parcel#: 48 East Ave
Patio And Porch Features: None
Pool Features: None
Possession: Close Of Escrow
Property Condition: Resale
Roof: Concrete
Sewer: Public Sewer
Special Listing Conditions: Standard
Unit#: 3203
Utilities: Above Ground
View: City,City Lights,Neighborhood
Water Source: Public
Waterfront Features: None
Window Features: Aluminum Frames
Year Built: 2022
$ 4,451.34
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 3,286.75
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Gerald Bodle