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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
| LAST UPDATED | 5/25/2025 | TRACT | Natiivo |
|---|---|---|---|
| YEAR BUILT | 2021 | COMMUNITY | Natiivo |
| GARAGE SPACES | 1.0 | COUNTY | Travis |
| STATUS | Active | PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
| Elementary School | Mathews |
|---|---|
| Jr. High School | O Henry |
| High School | Austin |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AMENITIES | Electricity, Maintenance Grounds, Maintenance Structure, Trash, Water |
| APPLIANCES | Built-In Electric Oven, Built-In Refrigerator, Cooktop, Dishwasher, Freezer, Microwave, Washer/Dryer Stacked |
| AREA | DT |
| CONSTRUCTION | Block, Concrete, Glass, Stone, Stucco |
| EXTERIOR | Balcony, Uncovered Courtyard |
| GARAGE | Yes |
| HEAT | Central |
| HOA DUES | 996|Monthly |
| INTERIOR | Ceiling Fan(s), High Ceilings, High Speed Internet, Master Downstairs, Open Floorplan, Stone Counters |
| LOT | 96 sq ft |
| LOT DESCRIPTION | See Remarks |
| PARKING | Garage |
| POOL DESCRIPTION | See Remarks |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Other |
| SUBDIVISION | Natiivo |
| TAXES | 19392.33 |
| UTILITIES | Electricity Connected, Sewer Connected, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | City, Downtown, Lake, Panoramic, Skyline |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Property listed by Beth Sher, Christie's Int'l Real Estate
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 5/28/25 3:12 PM PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
This IDX solution is (c) Diverse Solutions 2025.