48 East Ave # 1509
Austin, TX, 78701
$899,000
2 Beds
2 Baths
982 SqFt
0.41 Acres
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YOU CAN BUY THIS $899K home for the same payment as a $760K home. UPGRADE into this Home. SELLER FINANCING AVAILABLE with MUCH lower than market rates. Buyer can get a rate between 4.99% to 5.99% depending on down payment, and SAVE $37K in closing costs. MINIMUM of 20% down and Buyer must get pre-approved with Leahy Lending for seller financing consideration. NO formal underwriting, MUCH lower closing costs, NO discount points, close as fast as 10 days – Experience how lending should be done.
Nestled in the vibrant Rainey Street district, this 2-bedroom, 2-bathroom condo in the Natiivo highrise offers a seamless blend of hotel-inspired living with the comforts of home. This 982 sqft unit is distinguished by its dual opportunity: a luxury residence and a potential income generator, thanks to its unique short-term rental policy that doesn’t require a license.

The condo unfolds into an open-plan living, dining, and kitchen area, designed for both entertaining and daily comfort. The layout smartly separates two generously sized bedrooms, each accompanied by elegantly appointed bathrooms, ensuring privacy and tranquility. The space is enhanced with high-end finishes and comes fully furnished, reflecting both style and functionality.

Built in 2021, Natiivo doesn’t skimp on amenities. Residents benefit from 24-hour concierge service, valet parking, and an array of wellness and leisure facilities. The highlight is a resort-style rooftop pool and lounge area, promising stunning views and a sublime escape from the urban hustle. Additional amenities include a state-of-the-art fitness center, Peloton studios, a yoga studio, and conference rooms. For added convenience, a wine and coffee bar is located on the first floor, catering to both your caffeine fix and evening unwind needs.

Property Details

Price:
$899,000
MLS #:
5437535
Status:
Active
Beds:
2
Baths:
2
Address:
48 East Ave # 1509
Type:
Condo
Subtype:
Condominium
Subdivision:
Natiivo
City:
Austin
Listed Date:
May 3, 2024
State:
TX
Finished Sq Ft:
982
ZIP:
78701
Lot Size:
17,903 sqft / 0.41 acres (approx)
Year Built:
2020
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Schools

School District:
Austin ISD
Elementary School:
Mathews
Middle School:
O Henry
High School:
Austin

Interior

Appliances
Built- In Electric Oven, Built- In Electric Range, Convection Oven, Cooktop, Dishwasher, Disposal, Electric Cooktop, Microwave, Electric Oven, Refrigerator, See Remarks, Stainless Steel Appliance(s), Washer/ Dryer Stacked
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Flooring
Terrazzo, Tile, Wood
Heating
Central

Exterior

Community Features
B B Q Pit/ Grill, Bike Storage/ Locker, Clubhouse, Concierge, Controlled Access, Covered Parking, Dog Park, Fitness Center, Garage Parking, High Speed Internet, Lock and Leave, Pool, Rooftop Lounge, See Remarks
Exterior Features
Balcony
Other Structures
None
Parking Features
Attached, Garage, Valet, See Remarks
Roof
Concrete

Financial

Buyer Agent Compensation
3.000%
HOA Fee
$639
HOA Frequency
Monthly
HOA Includes
Cable TV, Common Area Maintenance, Insurance, Internet, Parking, Trash
HOA Name
48 East

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Community

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48 East Ave # 1509
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