$1,100,000
$20K PRICE DROP

Estimated payment $8,421/month

Total Views 3,181
2 Beds
2 Baths
1,121 Sq Ft
$981 Price per Sq Ft

Highlights

  • Concierge
  • Fitness Center
  • Panoramic View
  • Mathews Elementary School Rated A
  • 24-Hour Security
  • Built-In Refrigerator

About This Home

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 83% occupancy rate and generated a remarkable $96,000 in gross revenue. 1/1/2025-present, already at a 90% occupancy rate. Other similar units in the Natiivo building generate anywhere from $50-$60k in annual revenue. This means this particular unit outperforms. It has garnered over 130 Airbnb reviews with an outstanding 4.95 out of 5 star average rating. With Western-Facing Views this 28th floor condo offers incredible views of both the Lake and Austin Skyline. This two-bedroom, two-bathroom residence offered fully furnished, boasts an open-concept layout with modern kitchen and floor-to-ceiling windows in 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 lets natural light pour in. Enjoy morning coffee or evening cocktails on the oversized wrap-around terrace with views to the west and north—a prime spot to watch the sunset and fireworks over the water. If you are looking for a unit exclusively in this building, this is by far the best choice. The home is being sold completely turnkey. Additionally, it already has future bookings for 2025, ensuring a seamless transition for the new owner. 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. Building amenities include a roof-top pool, state of the art gym, a 33rd-floor clubhouse, an outdoor terrace and garden, keyless entry, a yoga room, bike storage, a dog run, a pet washing station, concierge, security, and attached coffee shop on the ground floor!

Listing Agent

Beth Sher

Christie's Int'l Real Estate Brokerage Phone: (512) 368-8078 License #0550613 Listed on: 05/25/2025

Christie's Int'l Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,392

Year Built

  • Built in 2021

HOA Fees

  • $996 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Community Parking Structure

Property Views

  • Panoramic

Home Design

  • Slab Foundation
  • Concrete Roof
  • Concrete Siding
  • Block Exterior
  • Stone Siding
  • Stucco

Interior Spaces

  • 1,121 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Stacked Washer and Dryer

Kitchen

  • Galley Kitchen
  • Breakfast Area or Nook
  • Built-In Electric Oven
  • Cooktop
  • Microwave
  • Built-In Refrigerator
  • Freezer
  • Dishwasher
  • Quartz Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Walk-in Shower

Outdoor Features

  • Uncovered Courtyard
  • Wrap Around Porch

Schools

  • Mathews Elementary School
  • O Henry Middle School
  • Austin High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet

Additional Features

  • No Interior Steps
  • Sustainability products and practices used to construct the property include see remarks
  • West Facing Home

Listing and Financial Details

  • Assessor Parcel Number 02030329960000

Community Details

Overview

  • Association fees include common area maintenance, electricity, landscaping, ground maintenance, maintenance structure, trash, water
  • Natiivo Subdivision
  • Community Lake

Amenities

  • Concierge
  • Courtyard
  • Common Area
  • Business Center
  • Meeting Room
  • Lounge
  • Office

Recreation

Security

  • 24-Hour Security
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,392

Year Built

Built in 2021

Lot Details

0

HOA Fees

$996 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 2021
  • Additional Parcels: No
  • Direction Faces: West
  • Directions: From Mopac, take exit towards Cesar Chavez. Turn Right onto S I-35 Frontage Rd. Drive toward East Ave. Building is on your Right. From S I-35, take exit 234A toward Cesar Chavez St/Holly St. Merge onto S I-35 Frontage Rd. Turn right onto River St, then Left onto East Ave. Building will be on your Right. Valet parking is available if you cannot find a parking spot.
  • Disclosures: See Remarks
  • Fencing: None
  • Garage Spaces: 1
  • Green Energy Efficient: Other/See Remarks
  • Green Sustainability: See Remarks
  • Levels: One
  • Living Area: 1121
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Attribution Contact: (512) 368-8078
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 19392.33
  • FEMA Flood Plain: No
  • Restrictions: None
  • Tax Exemptions: None
  • Unit Style: See Remarks
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Ceiling Fan(s), High Ceilings, Stone Counters, No Interior Steps, Open Floorplan, Primary Bedroom on Main, Stackable W/D Connections
  • View: City, Downtown, Lake, Panoramic, Skyline
  • Flooring: Tile, Wood
  • Accessibility Features: See Remarks
  • Appliances: Built-In Electric Oven, Built-In Refrigerator, Cooktop, Dishwasher, Freezer, Microwave, Washer/Dryer Stacked
  • Main Level Bedrooms: 2
  • Property Condition: Resale
  • Security Features: 24 Hour Security
  • Window Features: Blinds, Low-Emissivity Windows, Window Treatments
  • Laundry Location: In Unit
  • Num Dining: 1
  • Num Living: 1

Beds/Baths

  • Full Bathrooms: 2
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Balcony, CCTYD, Uncovered Courtyard
  • Roof: Concrete
  • Foundation: Slab
  • Patio And Porch Features: Wrap Around
  • Pool Features: See Remarks
  • Private Pool: No
  • Waterfront Features: See Remarks
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 1
  • Parking Features: Garage
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, High Speed Internet, Sewer Connected, Water Connected
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Electricity, Landscaping, Maintenance Grounds, Maintenance Structure, Trash, Water
  • Association Fee Frequency: Monthly
  • Association Fee: 996
  • Community Web Site: https://natiivoaustin.com

Association/Amenities

  • Association Name: HOA
  • Association: Yes
  • Community Features: Business Center, Clubhouse, Common Grounds, Concierge, Conference/Meeting Room, Controlled Access, Courtyard, Covered Parking, Creative Office Space, Fitness Center, Garage Parking, Lake, Lounge, Pool

Schools

  • Elementary School: Mathews
  • High School: Austin
  • Middle/Junior School: O Henry
  • Junior High Dist: Austin ISD

Lot Info

  • Lot Features: See Remarks
  • Parcel Number: 02030329960000
  • Lot Size Acres: 0.0022
  • Lot Size Sq Ft: 95.83
  • Subdivision Name: Natiivo

Building Info

  • Construction Materials: Block, Concrete, Glass, Stone, Stucco
  • New Construction: No

Tax Info

  • Tax Year: 2024
  • Tax Filled Sqft Total: 1121
  • Tax Rate: 1.80000000000000

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $19,392 $853,354 $64,448 $788,906
2023 $21,046 $1,163,260 $64,448 $1,098,812
2022 $3,967 $200,859 $46,935 $153,924
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 Price Changed $1,100,000 -1.8% $981 / Sq Ft
05/25/2025 05/25/25 For Sale $1,120,000 -- $999 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 2091790

Unlock MLS (Austin Board of REALTORS®)

APN: 958704