$515,000

Property Overview

Perched in the heart of Rainey Street District, this meticulously styled one-bedroom condominium at 48 East Ave commands striking views of Lady Bird Lake and the iconic South Congress bat bridge. The 450-square-foot residence showcases designer furnishings curated by West Elm, Crate & Barrel, and Four Hands, creating a sophisticated, hotel-quality environment that seamlessly transitions between personal retreat and income-producing investment. With documented annual rental revenue averaging $70,000, this fully furnished unit appeals to both owner-occupants and savvy investors seeking Austin TX real estate with immediate cash flow potential.

Located steps from the neighborhood's legendary bungalow bars, upscale dining, and vibrant nightlife, this residence captures the energy of Downtown Austin's most dynamic entertainment district. The Natiivo Austin community offers a distinctive ownership experience, blending luxury amenities with concierge-level services that elevate urban living. Sweeping skyline views and direct Lady Bird Lake access define the lifestyle here, positioning this property at the intersection of downtown convenience and lakeside tranquility.

At $1,144 per square foot, this listing reflects premium pricing aligned with Rainey Street's luxury positioning, offering a turnkey opportunity for those seeking immediate occupancy or rental deployment in one of Austin's most sought-after neighborhoods. The property's versatility, proven income track record, and thoughtfully designed interior create compelling value within the contemporary downtown market.

Agent Description

Experience luxury condo living at Natiivo Austin with this studio residence, one of the most uniquely styled units in the building. Fully furnished and turnkey, this property is STR-friendly and averages approximately $70,000 per year in rental income, making it ideal for both personal use and investment. Enjoy beautiful water views of Lady Bird Lake, sweeping city skyline views, and iconic views of the South Congress bat bridge. Located in the heart of the Rainey Street District, just steps from renowned dining, nightlife, and entertainment, this residence offers one of the most desirable locations in Downtown Austin. The studio is thoughtfully designed and furnished by West Elm, Crate & Barrel, and Four Hands, all of which convey with the sale. Features include a large OLED flat-screen TV, a high-end mattress, and premium linens and furniture, delivering a refined, hotel-quality experience. Natiivo Austin offers a unique ownership model that blends luxury services and amenities with the flexibility to list on any home-sharing platform. Two valet car badges and a small storage space are included. With consistently high occupancy, this property presents an exceptional opportunity as a short-term rental, long-term investment, or personal urban retreat 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 $1144/sqft, this listing is priced 38% above the Rainey Street District median of $830/sqft.

Property Details

Listing data last updated: May 19, 2026

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