$599,000
1 Bed
1 Bath
699 SqFt
Acre Lot
56 Sqft Lot
Status Active
Property Type Condominium
Price Type
Year Built 2021
Neighborhood Natiivo
Days on Website 46

Property Map

$599,000 – 48 East Avenue Unit 1207, Austin, TX 78701

Street View

Property listed by Compass RE Texas, LLC 512-575-3644 {attribution_contact}

Description

Discover the seamless blend of convenience and style at the Natiivo, renowned for its unique status as the only condominium complex legally zoned for short-term rentals (STR). Built in 2021, this fully furnished one-bedroom gem stands out, nestled in the vibrant heart of Rainey Street. Its prime location is unmatched, placing you at the center of a lively district renowned for its trendy eateries and bustling nightlife, yet offering tranquility and breathtaking views from the comfort of your covered balcony. The interior boasts wide plank flooring that stretches across each room, creating a seamless and elegant aesthetic. The kitchen, a modern marvel, features sleek European styling with Quartz countertops that gleam under the ambient light, stainless steel appliances for a touch of sophistication, and open shelving that adds a contemporary flair. Enormous windows coupled with lofty ceilings flood the space with natural light, enhancing the open and airy feel. Accessibility is key, with the balcony offering a private outdoor retreat accessible from both the living area and bedroom, promising serene views at any moment. The potential for an attractive return on investment is highlighted by exceptional nightly rental rates, thanks to the condo’s strategic location and legal zoning for STR. Amenities at the Natiivo are unparalleled, designed to cater to every aspect of modern living. Enjoy the convenience of 24-hour concierge service, valet parking for easy comings and goings, and a fitness suite that includes a gym, yoga, and cycle studio. The rooftop swimming pool, complete with shaded cabanas, offers a luxurious escape, while the dog park, club room, and bar provide additional spaces for relaxation and socialization.

Property Details and Features

Appliances & Equipment

  • Cooktop
  • Dryer
  • Dishwasher
  • Refrigerator
  • Washer

Bathrooms

  • 1 full bathroom

Bedrooms

  • 1 total bedrooms
  • Bedroom on main level

Building

  • Built in 2021
  • Stories: 1
  • 699 sqft living area
  • Concrete

Community

  • Clubhouse
  • Dog Park
  • Fitness Center
  • Pool

Disclosures

  • Seller Disclosure

Exterior Features

  • Balcony

Floors

  • Terrazzo
  • Vinyl

Foundation

  • Slab

Garage

  • 1 garage space

Heating

  • Central

Home Owner’s Association

  • Fee: $735
  • Fee Frequency: Monthly
  • Electricity
  • Water

Interior Features

  • High Ceilings
  • Main Level Primary
  • Quartz Counters

Laundry

  • Laundry Closet

Listing

  • Property Subtype: Condominium
  • Listed on 2024-03-12

Location

  • County: Travis
  • Subdivision: Natiivo

Lot

  • 0.0013 acres
  • Area: 0.0013
  • City Lot

Parking

  • 1 covered space
  • Covered
  • Garage
  • Valet

Pool

  • Community

Possession

  • Closing & Funding

Schools

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

Sewer

  • Public Sewer

Taxes

  • Annual Amount: $13,109
  • Year: 2023

Utilities

  • Electricity Available
  • Water Available

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