Property Overview

This 5-year-old condo at 48 East Ave in Austin, TX 78701 is listed at $799,999. The home features 2 bedrooms, 2 bathrooms, 1,036 square feet of living space. It sits on a 87.12 sqft lot. Built in 2021. At $772/sqft, this property is priced 9% below the Rainey Street District median of $849/sqft. Located in the Rainey Street District neighborhood of Austin.

Agent Description

Elevate your urban lifestyle to new heights in this exceptional **fully furnished** 2-bedroom, 1.5-bath residence on the desirable 17th floor of Natiivo Austin, the premier luxury condo tower in the heart of the historic Rainey Street District. Fully approved for short-term rentals (STR), this turnkey gem comes ready to generate income or enjoy immediately—offering unparalleled flexibility for savvy investors seeking strong, hassle-free returns or discerning buyers craving sophisticated downtown living. Spanning generously over 1,000 square feet with an open, flowing layout optimized for modern living, the home boasts expansive floor-to-ceiling windows that flood the space with abundant natural light and frame captivating panoramic views of downtown Austin's dynamic skyline and Lady Bird Lake. Inside, impeccable modern finishes await: sleek quartz countertops, premium stainless-steel appliances, high-end cabinetry, and thoughtful details curated to reflect Austin's vibrant energy. The open-concept living and dining area seamlessly connects to a well-equipped kitchen, ideal for effortless entertaining or relaxed nights in. Two generously sized bedrooms provide versatile options—one as a serene primary suite, the other perfect for guests, a home office, or flex space—while the convenient half bath enhances guest flow and everyday functionality. All furnishings are included, making this a true plug-and-play opportunity. The rental process is exceptionally hands-off and easy: multiple established property management companies already handle other units in the building, specializing in short-term rentals. They manage everything from bookings and guest communication to cleaning, maintenance, and revenue optimization—allowing you to enjoy passive income potential without the day-to-day involvement. Don't miss this rare opportunity to own a piece of downtown Austin's future.

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 $772/sqft, this listing is priced 9% below the Rainey Street District median of $849/sqft.

Property Details

Listing data last updated: March 25, 2026

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