48 East Avenue 1509, Austin, 78701, TX

$899,000

2 Beds
2 Baths
982 Sqft
.41 Acre
1 Garage

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.

Essential Information
MLS® #5437535
Price$899,000
Bedrooms2
Bathrooms2.00
Full Baths2
Square Footage982
Acres0.41
Year Built2020
TypeResidential
Sub-TypeCondominium
StatusActive
Community Information
Address48 East Avenue 1509
AreaDT
SubdivisionNatiivo
CityAustin
CountyTravis
StateTX
Zip Code78701
Amenities
AmenitiesConcierge
Garage Spaces1
Is WaterfrontYes
WaterfrontLake Front, See Remarks
Has PoolYes
Utilities

Cable Available, Cable Connected, Electricity Available, High Speed Internet Available, Phone Available, Sewer Available, See Remarks, Water Available

Features

Barbecue, Bicycle Storage, Clubhouse, Dog Park, Fitness Center, Internet Access, Pool, Rooftop Lounge, See Remarks, Concierge

Parking

Attached, Garage, See Remarks, Covered, Guest, Valet

Interior
InteriorTile, Wood, Terrazzo
HeatingCentral
FireplacesNone
# of Stories1
StoriesOne
Appliances

Built-In Electric Oven, Built-In Electric Range, Convection Oven, Cooktop, Washer/Dryer Stacked, Dishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave, Refrigerator, See Remarks, Stainless Steel Appliance(s)

Exterior
Exterior FeaturesBalcony
Lot DescriptionViews
RoofConcrete
ConstructionConcrete
FoundationSlab
School Information
DistrictAustin ISD
ElementaryMathews
MiddleO Henry
HighAustin
Additional Information
Date ListedMay 3rd, 2024
Days on Market15
Listing Details
Contact Details(512) 575-3644
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Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from May 18th, 2024 at 12:45am CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

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