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48 East Ave Unit 2801

Austin, TX 78701

2 beds
2 baths
1,121 sqft
95 sqft lot
$999 per sqft
2021 build
– on site

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! https://hdmediapartners.hd.pics/48-East-Ave

Listing courtesy of ABOR / Beth Sher / Christie's Int'l Real Estate

Last checked: Checking… • Last updated May 25, 2025 •

MLS# 2091790 —

The Building

Year Built:

2021
Unit Number:

2801
Unit Style:

See Remarks
New Construction:

false
Roof:

Concrete
Foundation:

Slab
Exterior Features:

Balcony
Accessibility Features:

See Remarks
Patio And Porch Features:

Wrap Around
Window Features:

Blinds
Levels:

One
Direction Faces:

West

Interior

Interior Features:

Ceiling Fan(s)
Living:

1
Dining:

1
Flooring:

Tile
Laundry Location:

In Unit

Room Dimensions

Living Area:

1121
Living Area Source:

Public Records

Financial & Terms

Possession:

Funding
Restrictions:

None

Location

Latitude:

30.256165
Longitude:

-97.738917
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.

The Property

Property Type:

Residential
Subtype:

Condominium
Parcel Number:

02030329960000
Property Condition:

Resale
Other Structures:

None
Lot Features:

See Remarks
Lot Size Acres:

0.0022
Lot Size Area:

0 Sqft
Lot Size SqFt:

95 Sqft
SqFt Total:

1,121 Sqft
View:

City
Waterfront:

false
Waterfront Features:

See Remarks
Horse:

false
Additional Parcels:

false
Fencing:

None
FEMA Flood Plain:

No

Listing Agent

Contact info:

Beds

Bedrooms Total:

2
Main Level Bedrooms:

2

Baths

Total Baths:

2
Total Baths:

2
Full Baths:

2

The Listing

Special Listing Conditions:

Standard
Listing Terms:

Cash
Occupant Type:

Tenant
Virtual Tour

Heating & Cooling

Heating:

Central
Cooling:

Central Air

Utilities

Utilities:

Electricity Connected
Sewer:

Public Sewer
Water Source:

Public
Electric On Property:

true

Appliances

Appliances:

Built-In Electric Oven

Schools

Elementary School:

Mathews
Elementary School District:

Austin ISD
Middle School:

O Henry
Middle School District:

Austin ISD
High School:

Austin
High School District:

Austin ISD

The Community

Subdivision Name:

Natiivo
Association Name:

Hoa
Association Fee:

$1,311
Association Fee Includes:

Common Area Maintenance
Association Fee Frequency:

Monthly
Community Features:

Business Center
Pool Private:

false
Pool Features:

See Remarks

Parking

Parking Features:

Garage
Garage:

true
Attached Garage:

false
Garage Spaces:

1
Covered Spaces:

1

Monthly cost estimate

Asking price

$1,120,000

Expense	Monthly cost
Mortgage	$5,997
Taxes	N/A
Insurance	$308
HOA fees	$1,311
Utilities	$109 See report
Total	$7,725/mo.^*
	^*This is an estimate

Explore the Area

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Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

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Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

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This condo located in Central Austin, Austin, TX 78701 is currently for sale for $1,120,000. 48 East Ave Unit 2801 is a 1,121 square foot condo with 2 beds and 2 baths that has been on Estately for 0 days. 48 East Ave Unit 2801 is in the Central Austin neighborhood of Austin and has a WalkScore® of 85, making it very walkable. This condo is in the attendance area of Mathews Elementary School and Austin High School.

Based on information from the Austin Board of REALTORS® and ACTRIS 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.