Seller's Agent in 2025
Dylan Haines
Compass RE Texas, LLC
(512) 633-0864
3 in this area
35 Total Sales
Last list price
Natiivo Austin 48 East Ave Unit 2210 Austin, TX 78701
Rainey Street Historic District Neighborhood
2
Beds
2
Baths
1,277
Sq Ft
$1,396/mo
HOA Fee
Highlights
- Concierge
- Lake Front
- Rooftop Deck
- Mathews Elementary School Rated A
- Fitness Center
- Downtown View
About This Home
As of March 2025This property offers a rare opportunity to own a premier, water-view, condo in the heart of Austin's highly sought-after Rainey Street District while also stepping into the operation of one of Natiivo's top-performing short-term rentals (STRs).
In 2024, this property boasted an impressive 95% occupancy rate and generated a remarkable $120,000 in gross revenue, with projections to exceed $140,000 in 2025. Other, similar units in the Natiivo building generate anywhere from $50-$60k in annual revenue. This means this particular unit outperforms others by over 100%! It has also has garnered over 100 Airbnb reviews with an outstanding 4.94/5-star average rating. There is no question, if you are looking for a unit exclusively in this building, this is by far the best choice.
Because of the proven income by this property, options for information on DSCR and/or IO loans are available upon request.
The home is being sold completely turnkey, including approximately $100,000 worth of upgrades from the standard, builder-grade units and high-quality furniture and home goods purchased just a year ago. Additionally, it already has thousands in future bookings for 2025, ensuring a seamless transition for the new owner.
Notable features include a state-of-the-art lighting system, upgraded countertops and island, stereo system, as well as complete furnishings. Building amenities include a pool, gym, reception, outdoor lounge, dog walk, co-working spaces, indoor lounge and kitchen, and attached coffee shop on the ground floor!
Don’t miss out on this exceptional opportunity. Contact the listing agent for more information!
Last Agent to Sell the Property
Compass RE Texas, LLC Brokerage Phone: (512) 633-0864 License #0695589 Listed on: 01/01/2025
Last Buyer's Agent
Compass RE Texas, LLC Brokerage Phone: (512) 633-0864 License #0695589 Listed on: 01/01/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $21,118
Year Built
- Built in 2021
Lot Details
- Lake Front
- West Facing Home
- Property is in good condition
HOA Fees
- $1,396 Monthly HOA Fees
Parking
- 1 Car Garage
- Community Parking Structure
Property Views
- Hills
Home Design
- Slab Foundation
- Concrete Roof
- Concrete Siding
Interior Spaces
- 1,277 Sq Ft Home
- 1-Story Property
- Sound System
- High Ceiling
- Recessed Lighting
- Track Lighting
- Window Treatments
- Smart Home
- Stacked Washer and Dryer
Kitchen
- Electric Cooktop
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Quartz Countertops
- Disposal
Flooring
- Wood
- Tile
- Terrazzo
Bedrooms and Bathrooms
- 2 Bedrooms | 1 Primary Bedroom on Main
- Walk-In Closet
- 2 Full Bathrooms
Outdoor Features
- Patio
Schools
- Mathews Elementary School
- O Henry Middle School
- Austin High School
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 02030329390000
Community Details
Overview
- Association fees include cable TV, common area maintenance, insurance, internet, parking, trash
- 48 East Association
- Natiivo Austin Zopp Add Subdivision
- Community Lake
Amenities
- Concierge
- Valet Parking
- Rooftop Deck
- Lounge
- Bike Room
Recreation
- Dog Park
- Trails
Pet Policy
- Pet Amenities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 1, 2025
Closed on
Mar 3, 2025
Sold by
48 East Ave 2210 Llc
Bought by
Simon Robin
Seller's Agent
Dylan Haines
Compass RE Texas, LLC
Buyer's Agent
Dylan Haines
Compass RE Texas, LLC
List Price
$1,349,000
Views
17
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$892,500
Outstanding Balance
$889,391
Interest Rate
7.88%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $892,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/03/2025 03/03/25 | Sold | -- | -- | -- |
| 01/01/2025 01/01/25 | For Sale | $1,349,000 | -2.9% | $1,056 / Sq Ft |
| 07/03/2023 07/03/23 | Sold | -- | -- | -- |
| 05/23/2023 05/23/23 | Pending | -- | -- | -- |
| 02/27/2023 02/27/23 | Price Changed | $1,390,000 | -11.4% | $1,088 / Sq Ft |
| 01/25/2023 01/25/23 | Price Changed | $1,569,500 | -1.3% | $1,229 / Sq Ft |
| 08/02/2022 08/02/22 | Price Changed | $1,590,000 | -6.5% | $1,245 / Sq Ft |
| 07/12/2022 07/12/22 | For Sale | $1,700,000 | -- | $1,331 / Sq Ft |
Source: Unlock MLS (Austin Board of REALTORS®)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $21,118 | $1,065,588 | $73,164 | $992,424 |
| 2023 | $21,118 | $1,324,885 | $73,164 | $1,251,721 |
| 2022 | $4,503 | $228,010 | $53,280 | $174,730 |
Source: Public Records
Agents Affiliated with this Home
-
Dylan Haines
-
Georgia Spiropoulos
Seller's Agent in 2023
Georgia Spiropoulos
Christie's Int'l Real Estate
(512) 743-8484
21 in this area
41 Total Sales
-
Kelton Finley
Buyer's Agent in 2023
Kelton Finley
Douglas Elliman Real Estate
(512) 641-5599
9 in this area
25 Total Sales
About Natiivo Austin
Map
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 6292110
APN: 958647
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