
Natiivo Austin 48 East Ave Unit 2801 Austin, TX 78701
Rainey Street Historic District NeighborhoodEstimated payment $9,019/month
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!
Last Listed By
Christie's Int'l Real Estate Brokerage Phone: (512) 368-8078 License #0550613 Listed on: 05/25/2025
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
- 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
Map
About Natiivo Austin
Home Values in the Area
Average Home Value in this Area
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 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/25/2025 05/25/25 | For Sale | $1,120,000 | -- | $999 / Sq Ft |
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Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 2091790

APN: 958704
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