48 East Avenue #2801

Austin, TX 78701

  • 2 Bed(s)
  • 2 Bath(s)
  • 1,121 Sqft
  • 0.0022
    Acre(Lot)
$1,120,000

Description

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

  • Property Type

    Residential

  • County

    Travis

  • Style

    Residential

  • AD ID

    49932092

Sell a home like this and save $66,701 Find Out How

Statistics Bottom Ads 1
Google Ads

Property Details

  • Bathroom Information

    • Total Baths: 2
    • Full Baths: 2

    Interior Features

    • CeilingFans,HighCeilings,MainLevelPrimary,NoInteriorSteps,OpenFloorplan,StoneCounters
    • Roof: Concrete

    Roofing Information

    • Concrete

    Flooring Information

    • Tile,Wood

    Heating & Cooling

    • Heating: Central
    • Cooling:

  • Building Information

    • Year Built: 2021

    Exterior Features

    • Balcony,CoveredCourtyard,UncoveredCourtyard

  • Lot Information

    • Lot Description: SeeRemarks
    • Main Square Feet: 0.0022

    Property Information

    • Subdivision: Natiivo

  • Parking Information

    • Garage,Covered,Guest

    Homeowners Association Information

    • Included Fees: CommonAreaMaintenance,Electricity,MaintenanceGrounds,MaintenanceStructure,Trash,Water
    • HOA: 996

  • School Information

    • Elementary School: Mathews
    • Junior High School: O Henry
    • Senior High School: Austin

    Utility Information

    • CableAvailable,ElectricityConnected,HighSpeedInternetAvailable,SewerConnected,WaterConnected

    Location Information

    • Direction: 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.
Statistics Bottom Ads 2
Google Ads
Sidebar Ads 1
Google Sidebar Ads
Learn More about this Property
Sidebar Ads 2
Google Sidebar Ads
Sidebar Ads 2
Google Sidebar Ads

BuyOwner last updated this listing 05/29/2025 @ 01:55

  • MLS: 2091790
  • LISTING PROVIDED COURTESY OF: Beth Sher, Christie's Int'l Real Estate
  • SOURCE: ACTRIS

is a Home, with 2 bedrooms which is for sale, it has 1,121 sqft, 0 sized lot, and 1 parking. are nearby neighborhoods.