
$949,000
2 bd · 2 ba · 1,036 sqft
48 East Ave #2911, Austin, TX 78701
48 East Ave #2911, Austin, TX 78701 is a 2-bedroom, 2-bathroom condominium listed at $949,000 ($916/sqft). 1,036 sqft. Built in 2021. Located in Rainey Street District, Austin TX. Priced 20% above the Rainey Street District median of $761/sqft. MLS #3089706. Listed by Compass RE Texas, LLC.
Property Overview
This 2-bedroom residence at 48 East Ave #2911 commands panoramic views of Lady Bird Lake and the Austin skyline, anchored by soaring 10-foot exposed concrete ceilings and a wall of floor-to-ceiling glass that floods the open-concept space with natural light. Located in the Rainey Street District's prestigious Natiivo high-rise, the unit flows seamlessly across 1,036 square feet of single-level living, featuring warm wood flooring, a gourmet kitchen with quartz countertops and stainless steel appliances, and a private balcony positioned to capture water and skyline vistas. The primary bedroom includes a walk-in closet, while a laundry closet with stacked washer and dryer adds practical convenience to the sophisticated layout.
Rainey Street itself thrives with historic bungalow bars, restaurant patios, and direct lake access—creating an unmatched live-and-play environment just steps from downtown Austin. The Natiivo community amplifies this lifestyle with resort-style amenities including a resort pool, fitness center, dog park, and valet parking, all secured behind gated access. The $898 monthly HOA fee encompasses comprehensive building maintenance, insurance, and high-speed internet, positioning this as a versatile asset for those seeking either an owner-occupied primary residence or a flexible income-generating investment in one of Austin's most dynamic neighborhoods.
Vox Real Estate Insight
At $916 per square foot, this Natiivo unit sits 20 percent above the downtown Austin median and reflects the premium pricing commanded by Rainey Street's combination of walkable nightlife, lakefront access, and modern luxury construction. The Vox Real Estate team recognizes this property's strongest appeal lies in its proven short-term rental history—ideal for investors seeking an established
Agent Description
*Free 1 point rate buy down - low 6% interest rate - details attached to MLS* Set against the vibrant backdrop of Austin’s famed Rainey Street Historic District, this modern high-rise sanctuary at Natiivo Austin seamlessly blends urban excitement with waterfront tranquility. Perfect for savvy investors or discerning owner-occupants, this unit is currently operating as a high-performing short-term rental—offering flexible utility to maintain an income-generating asset, secure a long-term tenant, or move right into a turnkey primary residence. Inside, the open single-story layout is anchored by soaring 10-foot exposed concrete ceilings and warm wood flooring. A sweeping wall of floor-to-ceiling glass floods the living space with natural light while framing panoramic, uninterrupted views of Lady Bird Lake and the Austin skyline. Step out onto the private balcony to take in the water vistas and fresh air. The gourmet kitchen boasts sleek quartz countertops, a stone terrazzo tile backsplash, open shelving, integrated dark European-style cabinetry, and high-end stainless steel appliances including a flush cooktop. Both bedrooms offer relaxed proportions, headlined by a impressive primary suite complete with a walk-in closet. The primary bath exudes spa-like elegance, showcasing dark terrazzo accent walls, vessel sinks, smooth wood-framed mirrors, matte black fixtures, and a glass walk-in shower. Natiivo provides a resort-style lifestyle right outside your door. Take the elevator straight down to step onto the Ann and Roy Butler Hike-and-Bike Trail within minutes, or stroll over to Rainey Street’s premier cocktail lounges and eateries. Premium building amenities elevate daily living, featuring a rooftop swimming pool deck complete with private cabanas, a state-of-the-art fitness center with dedicated Peloton studios, and 24-hour valet service. For more info, go to: https://wkf.ms/3VcpKi5
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 $916/sqft, this listing is priced 20% above the Rainey Street District median of $761/sqft.
Property Details
| Property Type | Condominium |
| Year Built | 2021 |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Living Area | 1,036 sqft |
| Lot Size | 87 sqft |
| Price / Sqft | $916 |
| Stories | One |
| Condition | Resale |
| Unit Style | Single level Floor Plan |
| Subdivision | Natiivo |
| County | Travis |
| MLS Area | DT |
| Listed | Sep 30, 2026 |
| MLS # | 3089706 |
| Listed By | Compass RE Texas, LLC |
| Contact | (512) 913-6987 |
Interior
| Flooring | Tile, Wood |
| Appliances | Dishwasher, Electric Cooktop, Microwave, Oven, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer Stacked |
| Interior Features | Built-in Features, Ceiling-High, Quartz Counters, Stone Counters, No Interior Steps, Open Floorplan, Primary Bedroom on Main, Recessed Lighting, Walk-In Closet(s) |
| Laundry | Laundry Closet |
| Main-Level Bedrooms | 2 |
| Living Areas | 1 |
| Dining Areas | 1 |
Systems & Utilities
| Cooling | Central Air |
| Heating | Central |
| Utilities | Electricity Available, Sewer Available, Water Available |
| Water Source | Public |
| Sewer | Public Sewer |
Exterior & Lot
| Construction | Concrete |
| Roof | Membrane |
| Foundation | Slab |
| Exterior Features | Balcony |
| Lot Features | City Lot, Landscaped, Views |
| View | City, Neighborhood, Panoramic, River, Skyline, Water |
| Faces | West |
Parking
| Parking Spaces | 1 |
| Garage Spaces | 1 |
| Covered Spaces | 1 |
| Parking Features | Assigned, Garage |
Community & HOA
| HOA | Yes |
| HOA Name | Natiivo |
| HOA Fee | $898 / Monthly |
| Fee Includes | Cable TV, Common Area Maintenance, Insurance, Landscaping, Maintenance Grounds, Maintenance Structure, Trash |
| Community Features | Common Grounds, Conference/Meeting Room, Controlled Access, Covered Parking, Dog Park, Fitness Center, Garage Parking, Gated, High Speed Internet, Lock and Leave, Lounge, Pool, Property Manager On-Site, ValetParking |
| Security | Fire Alarm, Smoke Detector(s) |
Assigned Schools
| Elementary | Mathews |
| Middle | O Henry |
| High | Austin |
| District | Austin ISD |
Taxes & Legal
| Tax Year | 2026 |
| Assessed Value | $718,161 |
| Parcel # | 02030330170000 |
| Legal Description | 48 EAST CONDOMINIUMS UNT 2911 0.4919%INT IN COMMON AREA |
| In ETJ | No |
| Listing Conditions | Standard |
Listing data last updated:
Frequently Asked Questions
What is the listing price of 48 East Ave #2911, Austin, TX 78701?
This property is listed at $949,000, which is $916 per square foot. That is 20% above the Rainey Street District area median of $761/sqft.
How many bedrooms and bathrooms does 48 East Ave #2911, Austin, TX 78701 have?
This home has 2 bedrooms and 2 bathrooms, with 1,036 square feet of living space.
When was 48 East Ave #2911, Austin, TX 78701 built?
This property was built in 2021, making it 5 years old.
What neighborhood is 48 East Ave #2911, 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 #2911, Austin, TX 78701 been on the market?
This listing has been on the market for 7 days. This is a recent listing.
What type of property is 48 East Ave #2911, Austin, TX 78701?
This is a Condominium on a 87.12 sqft lot.