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48 East Ave, Austin, TX 78701

$599,000

1 bd · 1 ba · 893 sqft

48 East Ave, Austin, TX 78701

48 East Ave, Austin, TX 78701 is a 1-bedroom, 1-bathroom condominium listed at $599,000 ($671/sqft). 893 sqft. Built in 2021. Located in Rainey Street District, Austin TX. Priced 19% below the Rainey Street District median of $830/sqft. MLS #1183975. Listed by Compass RE Texas, LLC.

Property Overview

This northeast corner residence at Natiivo Austin offers a rare downtown opportunity with stunning Hill Country and city light views from its private balcony. The 893 square-foot one-bedroom spans the 48 East Ave location in Rainey Street District, positioning owners steps from Lady Bird Lake access, historic bungalow bars, and Austin's most vibrant nightlife. Floor-to-ceiling windows flood the modern, fully furnished interior with eastern morning light, while evening hours reveal sparkling northern city lights across the skyline.

The unit's flexibility sets it apart in Austin's downtown market. Natiivo Austin uniquely permits short-term rental income through Airbnb-style bookings, allowing owners to offset expenses while maintaining personal use. The residence currently performs well through UnWind Management, appealing equally to investors seeking cash flow or buyers wanting occasional rental income alongside primary residence enjoyment. Exceptional building amenities including a rooftop pool deck, outdoor living spaces, and curated dining options enhance the lifestyle component of this 2021 construction.

Positioned at $671 per square foot, this property sits 21 percent below the neighborhood median, offering genuine value in a location where proximity to Rainey Street District's restaurants, galleries, and social scene typically commands a premium. The modern finishes and turnkey nature require no immediate improvements, allowing immediate enjoyment or immediate revenue generation.

Vox Residential Insight

The Natiivo Austin model represents a paradigm shift in downtown living that the Vox Residential team has watched reshape the market since its launch. With most downtown condos restricting short-term rentals, this property's built-in income potential and below-median pricing create a compelling arbitrage opportunity for Austin buyers navigating the competitive 78701 zip code.

Agent Description

Experience elevated downtown living in this highly desirable northeast corner one-bedroom residence at Natiivo Austin. Spanning 893 square feet, this thoughtfully designed floor plan features a private north-facing balcony that captures beautiful eastern morning light, sweeping Hill Country views, and sparkling northern city lights in the evening. The residence offers modern finishes throughout and is fully furnished, making it completely turnkey for ownership, personal use, or rental. Currently performing at a strong occupancy rate with UnWind Management, this unit presents an excellent opportunity for investors or owners seeking flexibility. Natiivo Austin is the only tower in Downtown Austin designed to allow owners the opportunity to offset ownership expenses through short-term rentals, including Airbnb-style bookings, while still enjoying the property as a private residence. Residents and guests enjoy exceptional amenities including a rooftop pool deck with outdoor living spaces, TVs, fireplace lounges, cabanas, and a top-floor clubhouse. The building also offers 24-hour concierge and valet services, a coffee and wine bar for social gatherings, and stylish lounge spaces ideal for meeting friends before enjoying the vibrant restaurants and nightlife of nearby Rainey Street. Don’t miss this rare opportunity to own in one of Downtown Austin’s most flexible and sought-after buildings.

Neighborhood: Rainey Street District

This property is located in Rainey Street District, Austin, TX. The area is known for Historic Bungalow Bars, Lady Bird Lake Access, Luxury High-Rises, Skyline Views, Vibrant Nightlife.

At $671/sqft, this listing is priced 19% below the Rainey Street District median of $830/sqft.

Property Details

Property TypeCondominium
Year Built2021
Bedrooms1
Bathrooms1
Living Area893 sqft
Lot Size74.05 sqft
Price per Sqft$671
ListedMar 6, 2026
MLS #1183975
Listed ByCompass RE Texas, LLC

Listing data last updated:

Frequently Asked Questions

What is the listing price of 48 East Ave, Austin, TX 78701?

This property is listed at $599,000, which is $671 per square foot. That is 19% below the Rainey Street District area median of $830/sqft.

How many bedrooms and bathrooms does 48 East Ave, Austin, TX 78701 have?

This home has 1 bedroom and 1 bathroom, with 893 square feet of living space.

When was 48 East Ave, Austin, TX 78701 built?

This property was built in 2021, making it 5 years old.

What neighborhood is 48 East Ave, Austin, TX 78701 in?

This property is in Rainey Street District, Austin, TX. The area is known for historic bungalow bars, lady bird lake access, luxury high-rises.

How long has 48 East Ave, Austin, TX 78701 been on the market?

This listing has been on the market for 48 days.

What type of property is 48 East Ave, Austin, TX 78701?

This is a Condominium on a 74.05 sqft lot.

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