Main Area: 1,938 sq ft Gross Building Area: 4,366 sq ft Experience the best of Austin living at 51 East. You'll be just 2 miles from the vibrant and growing Mueller area and downtown, offering easy access to the top dining, farmer's markets, outdoor activities, live music, and shopping the area has to offer. Built in September 2021, this home features hardwood floors, parking included, an in-unit washer and dryer, a private gated patio, and a programmable thermostat. Utilities are not included. The neighborhood offers amenities such as a pool, hammock grove park, and a movie screening wall. Additionally, you are only a 5-minute drive to HEB, Home Depot, Alamo Drafthouse, and other conveniences. Term: Minimum lease term of 12 months. Renewal: Lease may be renewed at the end of the term subject to mutual agreement. Rent and Payments - Monthly Rent: $2925 per month. - Payment Due Date: Rent is due on the 1st of each month. - Late Fees: A late fee of 5% of the rent ($146.25) will be charged if rent is not received by the 3rd of the month. This fee is due immediately and is not deducted from the security deposit. Continuous late payments may result in additional penalties or lease termination. - Security Deposit: $2925, refundable subject to the terms and conditions of the lease. The security deposit will be returned within 30 days after the lease ends, provided no damages or unpaid fees are assessed. - Utilities: Tenant is responsible for all utilities including water, gas, electricity, internet, and cable. Maintenance and Repairs - Tenant Responsibility: Tenant is responsible for maintaining the interior of the home, including minor repairs and upkeep. - Landlord Responsibility: Landlord will handle major repairs and structural maintenance. Any damage caused by tenant negligence will be repaired at tenant's expense. - Alterations: No alterations or modifications to the property without prior written consent from the landlord. Occupancy - Permitted Occupants: Only the individuals listed on the lease agreement may reside in the home. - Guests: Guests may stay for a maximum of 7 consecutive days without written consent from the landlord. If guests intend to stay longer, the tenant must seek written permission from the landlord. Extended stays without consent may result in additional fees or lease violations. - Prohibition: Subletting, short-term rentals (e.g., Airbnb, VRBO), or any other form of transient occupancy is strictly prohibited and may result in additional penalties or lease termination. - Insurance requirement: Tenant must obtain and maintain renter's insurance covering personal property and liability. Entry and Inspection - Landlord's Right to Enter: Landlord may enter the property with reasonable notice for inspections, repairs, and emergencies. Termination - Early Termination: Tenant may terminate the lease early subject to a penalty of two month's rent ($5850) and 60 days' notice. This penalty covers the landlord's costs associated with finding a new tenant and potential lost rental income. - Notice of Non-Renewal: Either party must provide a minimum of 60 days' notice prior to the end of the lease term if they do not wish to renew. Miscellaneous - Pet Policy: Only small animals (under 25 pounds) are allowed. A pet deposit of $500 is required per pet, along with a non-refundable pet fee of $50 per month per pet. All pets must be approved by the landlord and comply with local animal regulations. Tenants are responsible for any damage caused by their pets and must ensure pets are properly controlled and do not disturb other residents. Pets must be kept on a leash when outside the home. - Mediation: Any disputes arising under this lease will first be attempted to be resolved through mediation. - Neighborhood Rules: Tenant agrees to comply with all neighborhood rules and regulations, including use of common areas such as the pool, hammock grove park, and movie screening wall.
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