$774,000

Property Overview

Perched atop the Natiivo building in the heart of Rainey Street District, this top-floor two-bedroom residence offers an exceptional blend of urban living and investment flexibility in Austin, TX. The 982-square-foot condo arrives fully furnished with premium appliances, housewares, and sophisticated finishes, eliminating any transition period for buyers ready to occupy immediately. Floor-to-ceiling windows frame skyline views while providing direct access to the vibrant Rainey Street neighborhood, where historic bungalow bars sit steps away from Lady Bird Lake's green spaces and the glittering downtown high-rise landscape.

What sets 48 East Ave apart is its hotel zoning designation, which permits unlimited short-term and long-term rental opportunities without restriction. Owners maintain complete autonomy over their rental strategy, whether managing independently, engaging external property management, or leveraging the on-site Vacasa team. This framework transforms the residence into both a personal retreat and a legitimate income-generating asset, appealing to buyers seeking flexibility rather than constraint.

Positioned at $788 per square foot—seven percent below the neighborhood median—this turnkey offering delivers sophisticated downtown living with genuine revenue potential. The lock-and-leave lifestyle, combined with Rainey Street's proven walkability and hospitality appeal, creates rare versatility in Austin's central business district market.

Vox Residential Insight

The hotel zoning at Natiivo is genuinely uncommon in downtown Austin condominiums, and Vox Residential recognizes this as a significant competitive advantage for investors seeking reliable short-term rental income without regulatory barriers. At seven percent below area median pricing, this top-floor unit represents compelling value for buyers wanting both immediate occupancy appeal and tangible wealth-building potential in one of Austin's most desirable neighborhoods.

Agent Description

This fully furnished top-floor 2-bedroom, 2-bathroom residence is thoughtfully designed with upscale finishes and turnkey convenience. Sold complete with appliances, housewares, and sophisticated furnishings. Natiivo is zoned as a hotel, which allows each owner the ability to rent their condo as often as they’d like. There are no restrictions on short-term or long-term rentals, offering unmatched versatility and income potential. Owners can choose to manage rentals themselves, hire an independent management company, or utilize the on-site management team, Vacasa. Whether you’re seeking a stylish downtown home, a lock-and-leave retreat, or a revenue-generating investment, this residence delivers exceptional comfort and freedom in the heart of Austin.

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 $788/sqft, this listing is priced near the Rainey Street District median of $830/sqft.

Property Details

Listing data last updated: May 19, 2026

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