$1,100,000
$20K PRICE DROP

Natiivo Austin 48 East Ave Unit 2801 Austin, TX 78701

Rainey Street Historic District Neighborhood

Estimated payment $8,825/month

Total Views 2,336
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

  • $21,046

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<<rangeHoodToken>>
  • <<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

$21,046

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

About Natiivo Austin

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
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®)

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Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 2091790

Unlock MLS (Austin Board of REALTORS®)

APN: 958704

Texas Travis County Austin 78701 Rainey Street Historic District

48 East Ave Unit 2801, Austin, TX

This home is located at 48 East Ave Unit 2801, Austin, TX 78701 and is currently priced at $1,100,000, approximately $981 per square foot. This property was built in 2021. 48 East Ave Unit 2801 is a home located in Travis County with nearby schools including Mathews Elementary School, Austin High School, and Headwaters School.

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Nearby Homes
Beth Sher
Listing Agent
Beth Sher
Section Image
Christie's Int'l Real Estate
(512) 714-3544