$625,000
SOLD NOV 27, 2024
Last list price
1 Bed
1 Bath
641 Sq Ft
$531/mo HOA Fee

Recently Sold

$975 Per Sq Ft

83 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Rooftop Deck
  • Mathews Elementary School Rated A
  • 24-Hour Security
  • Lake View

About This Home

As of November 2024

Pristine 29th Floor Condo unit fully-furnished and ready to start your Short Term Rental venture! This unit has excellent balcony views of the lake and includes all appliances and furniture. Natiivo is a premium building zoned as a hotel enabling STR. You can also long-term rent or use as second home if desired! This unit has 93%+ STR occupancy rate. Highly desired and excellently managed. Natiivo is a 33-story hi-rise with easy navigation for your guests with 1 button push elevator access to clearly labeled amenities including coffee bar/library/common area on first floor, full gym with multiple private Peloton rooms, dog park, outdoor picnic areas, yoga studio with weekly classes, game room with kitchen facilities, and a rooftop pool with cabanas and outdoor fireplace. Close to all the action with breath-taking views of Lady Bird Lake, direct access to Waller Beach, Butler Hike and Bike Trail, Rainey Street entertainment, and so much more!

Last Agent to Sell the Property

Christopher Matthews

Austin Home Seekers Brokerage Phone: (512) 703-7416 License #0584342 Listed on: 08/15/2024

Last Buyer's Agent

John Underwood

Compass RE Texas, LLC License #0811076

Compass RE Texas, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,014

Year Built

  • Built in 2021

Lot Details

  • North Facing Home
  • Property is in excellent condition

HOA Fees

  • $531 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Electric Vehicle Home Charger
  • Parking Permit Required
  • Unassigned Parking
  • Community Parking Structure

Property Views

Home Design

  • Slab Foundation
  • Concrete Roof
  • Concrete Siding

Interior Spaces

  • 641 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Insulated Windows
  • Smart Thermostat
  • Washer and Dryer

Kitchen

  • Built-In Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom
  • Walk-in Shower

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Covered Patio or Porch

Schools

  • Mathews Elementary School
  • O Henry Middle School
  • Austin High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 02030330090000

Community Details

Overview

  • Association fees include cable TV, common area maintenance, internet, landscaping, ground maintenance, maintenance structure, parking, security, sewer, trash
  • Natiivo Coa
  • 48 East Condos Subdivision
  • Lock-and-Leave Community
  • Community Lake

Amenities

  • Concierge
  • Valet Parking
  • Rooftop Deck
  • Picnic Area
  • Common Area
  • Game Room
  • Business Center
  • Lounge
  • Community Library
  • Planned Social Activities

Recreation

  • Park
  • Dog Park
  • Trails

Pet Policy

  • Pet Amenities

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,014

Year Built

Built in 2021

Lot Details

0

HOA Fees

$531 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 2021
  • Additional Parcels: No
  • Direction Faces: North
  • Directions: From I35 exit Cesar Chavez and head west. LEFT on Red River St. RIGHT on Rainey St. Follow Rainey St. until it ends and bends left. Take a LEFT on East Avenue and building is immediately on left. 48 East Ave. You can also take I35 service road to East Ave, but follow detour signs from construction.
  • Disclosures: None
  • Fencing: None
  • Garage Spaces: 1
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Levels: One
  • Living Area: 641
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Attribution Contact: (512) 703-7416
  • Attribution Contact: (512) 703-7416
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 12026.00
  • FEMA Flood Plain: No
  • Restrictions: Covenant
  • Tax Exemptions: None
  • Unit Style: Tower (14+ Stories),Elevator
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), High Ceilings, Quartz Counters, High Speed Internet, No Interior Steps, Open Floorplan, Primary Bedroom on Main, Smart Thermostat, Stackable W/D Connections
  • View: City, Downtown, Lake, Skyline
  • Flooring: Tile, Wood
  • Accessibility Features: None
  • Appliances: Built-In Electric Oven, Dishwasher, Disposal, Electric Cooktop, Microwave, Free-Standing Refrigerator, Stainless Steel Appliance(s), Washer/Dryer
  • Main Level Bedrooms: 1
  • Property Condition: Resale, Excellent
  • Security Features: 24 Hour Security
  • Window Features: Insulated Windows
  • ResoLivingAreaSource: PublicRecords
  • Laundry Location: Laundry Closet
  • Num Dining: 1
  • Num Living: 1

Beds/Baths

  • Full Bathrooms: 1
  • Bedrooms: 1

Exterior Features

  • Exterior Features: Balcony
  • Roof: Concrete
  • Foundation: Slab
  • Patio And Porch Features: Covered
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 1
  • Parking Features: Elec Vehicle Charge Station(s), Garage, Permit Required, Unassigned, Valet
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, High Speed Internet, Sewer Connected, Water Connected
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

  • HOA Fee Includes: Cable TV, Common Area Maintenance, Internet, Landscaping, Maintenance Grounds, Maintenance Structure, Parking, Security, Sewer, Trash
  • Association Fee Frequency: Monthly
  • Association Fee: 531

Association/Amenities

  • Association Name: Natiivo COA
  • Association: Yes
  • Community Features: Business Center, Common Grounds, Concierge, Controlled Access, Dog Park, Fitness Center, Game/Rec Rm, Garage Parking, High Speed Internet, Lake, Library, Lock and Leave, Lounge, Park, Pet Amenities, Picnic Area, Planned Social Activities, Pool, Property Manager On-Site, Rooftop Lounge, ValetParking, Trail(s)

Schools

  • Elementary School: Mathews
  • High School: Austin
  • Middle/Junior School: O Henry
  • Junior High Dist: Austin ISD

Lot Info

  • Lot Features: Views
  • Parcel Number: 02030330090000
  • Lot Size Acres: 0.411
  • Lot Size Sq Ft: 17903.16
  • Subdivision Name: 48 East Condos

Building Info

  • Construction Materials: Concrete
  • New Construction: No

Tax Info

  • Tax Year: 2024
  • Tax Filled Sqft Total: 198329
  • Tax Rate: 1.80920000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2024
Closed on
Nov 26, 2024
Sold by
Choe Min and Anez Carlos Gustavo
Bought by
Austin Property Collective Llc
Seller's Agent
Christopher Matthews
Austin Home Seekers
Buyer's Agent
John Underwood
Compass RE Texas, LLC
List Price
$625,000
Views
12
Current Estimated Value
$513,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-17.74%
Original Mortgage
$453,750
Outstanding Balance
$395,083
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$118,362
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- Austin Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $453,750 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2024 11/27/24 Sold -- -- --
10/30/2024 10/30/24 For Sale $625,000 0.0% $975 / Sq Ft
10/28/2024 10/28/24 Off Market -- -- --
08/15/2024 08/15/24 For Sale $625,000 -- $975 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,014 $616,580 $36,384 $580,196
2023 $13,014 $664,696 $36,384 $628,312
2022 $2,239 $113,377 $26,495 $86,882
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 3470457

Unlock MLS (Austin Board of REALTORS®)

APN: 958717