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$1,299,000

Beds
2
Baths
2.0
sq ft
1,299

48 East Ave Unit 3201, Austin, TX 78701

48 East Ave Unit 3201

Austin, TX 78701

  • 872 days on market
    • Price drop $101,000↓
Western-Facing Views of Lady Bird Lake. Located on the 32nd floor at Natiivo Austin located in the lively Rainey Street District, this condo offers incredible views of Lady Bird Lake and the Austin skyline. This two-bedroom, two-bathroom residence with is a study is offered fully furnished and boasts an open-concept layout with a modern kitchen and floor-to-ceiling windows in the living room. The primary bedroom features a walk-in closet, en suite bathroom and a walk-in shower with chic all-black finishes. Floor-to-ceiling windows in both bedrooms and the study let natural light pour in. Enjoy your morning coffee or evening cocktails on the oversized wrap-around terrace with views to the north and west—a prime spot to watch the sunset over the water. Living in the Rainey Street District means easy access to the hike-and-bike trail, unique restaurants, lively nightlife and close proximity to the Austin airport. Luxury Living at Natiivo Austin. Natiivo is a new concept in hospitality that offers a flexible ownership. As a high-end hotel, it allows owners the unique opportunity to reside part-time and lease their condos as a short-term rental with the service and luxury that comes with a hotel. Unit 3201 is just one of two floorplans in the building that accommodates eight people, making it ultra-desirable and perfect for hosting larger groups. Housekeeping and 24-hour concierge service are also available on-site. Take advantage of the full suite of luxury amenities, including a rooftop pool, a 33rd-floor clubhouse, an outdoor terrace and garden, keyless entry, a fitness center, bike storage, a dog run, and a pet washing station. Rental income history available for review. 24-Hour Advance Showing Notice on certain days. Showings restricted to Tuesdays and Wednesdays. Tenant occupied. Call/text listing agent to schedule a showing. MORE at Natiivo3201.com.

Details

Property type

Condominium

Lot size

108.9 sq ft

Price per sq ft

$1,000

Year built

2022

Annual property taxes

$24,377

Monthly HOA fee

$1,000.23

Price History

09/10/2024
Austin

Austin #6386893

Price change
$1,299,000
-7.21%
02/23/2024
Austin

Austin #6386893

Price change
$1,400,000
-12.45%
06/30/2022
Austin

Austin #6386893

Listed
$1,599,000

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Mathews

Middle school: 

O Henry

High school: 

Austin

Community features: 

Clubhouse, Pool

High school district: 

Austin ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$494,273
Asking price
$1,299,000
Closing costs (~8% of asking)
-$103,920
Est. remaining loan balance
-$700,807
Cash to seller
$494,273

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Loanpeople Llc

Loan start date

April 2022

Original loan amount

$735,000

Est. remaining balance

$700,807

Interest rate

3.85%

Loan type

New Conventional, 30 year

Seller

Amit P Patel

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/19/2024 at 7:25 AM

Listing updated: 09/10/2024 at 4:08 PM

Listed by: Jessica Yates, Moreland Properties Phone #: (512) 480-0848

MLS: Austin #6386893

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