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$600,000

48 East Ave # 1604, Austin, TX, 78701

$667,779 ARVInfo
On MarketInfo
Beds1 Beds
Baths1 Bath
Baths901 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$665.93 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
AppliancesWasher Dryer Stacked, Dishwasher, Electric Cooktop, Disposal, Refrigerator, Stainless Steel Appliances
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size74 sqft

Building Information

Year Built2021
Stories1
Garage Spaces1

Land Information

APN02030328670000
Subdivision48 East Condominiums
Land UseResidential
Legal Description48 EAST CONDOMINIUMS UNT 1604 0.4180%INT IN COMMON AREA
Census Tract001103
Assessed Land Value$50,915
Assessed Improvement Value$538,620
Assessment Year2025

About this property

****UNIQUELY DESIGNED / DECORATED UNIT*** Unique opportunity to own a luxury condo in building with a hotel license. Option to buy 12+ units in the building as a portfolio purchase which could all be operating day one of purchase with no down time. This exceptional, fully furnished 1-bedroom condo offers a rare opportunity to own a high-performing short-term rental that also lives beautifully as a primary residence or second home. Thoughtfully designed with both guest experience and everyday comfort in mind, the home blends striking aesthetics with functional, livable space. The layout is ideal for both hosting and daily life, featuring spacious bedrooms, inviting common areas, and seamless indoor-outdoor flow. The outdoor space serves as a true centerpiece—perfect for entertaining, relaxing, and enjoying Austin’s year-round lifestyle. Optimized for group travel, the property includes design elements and amenities that consistently drive strong demand, premium nightly rates, and excellent guest reviews. Its prime location—just minutes from the airport and a short drive to downtown, Rainey Street, and East Austin’s top dining and entertainment—makes it highly attractive to guests while remaining convenient for full-time living. Offered fully turnkey, all furnishings, decor, and operational setup are included in the sales price, allowing for an immediate and seamless transition—whether continuing as a short-term rental or moving in and enjoying the home from day one. Whether you’re seeking a strong income-producing asset or a versatile Austin home with built-in earning potential, this property delivers an exceptional combination of design, location, and performance.

Investor Tools

$458,006Estimated Mortgage Balance
$131,529Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$667,779
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,600 /month
Positive
Cash Flow Estimate:
$1,200 /month

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Jason Martin

Jason Martin

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,251/month
$743/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,065
$589,535
2025
$50,915
$538,620
$589,535
No

Tax History

Year
Tax Paid
Assessed Value
2025
$12,065
$589,535

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amplify Cu
Conventional
$502,500
No
First
Jan 7, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$458,006
$131,529
22%
78%
$3,013/mo

City: Austin

48 East Ave # 1604 | Property Details | No Agent List