About This Home

LOCATION! This fully furnished downtown condo in the Natiivo Condominium is right in the heart of all things Austin. With great amenities, such as rooftop pool, gym, dog park, yoga studio, and great common areas to hang out with family and friends, this condo makes a great place to entertain. This condo does allow short term rentals, long term, and the ability to occupy as well. It truly is a stunning condo and building that will impress.

At $935/sqft, this home is priced 138% above the Austin active market average of $393/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

48 East Ave #1305, Austin, TX 78701

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Property Details

Price $660,000

Status Active Listing

Beds 1

Full Baths 1

Half Baths ,

Living Area 706 sqft

Lot Size 0.00 acres (60.98 sqft)

Year Built 2021

Garage 1 spaces

Stories ,

Type Residential · Condominium

Subdivision Nativo Austin

County Travis

Zip Code 78701

$/sqft $935/sqft

Days on Market ,

HOA $467/Monthly

Annual Tax Est. $2,478.89

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT119951166

List Date November 1, 2023

Elementary School Mathews

Middle School O Henry

High School Austin

School District ,

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Similar Homes on the Market in Austin

Comparable Listings Right Now

Homes currently for sale in Austin with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed

48 East Ave #2004
Natiivo $650,000 $728 1 bd / 1 ba 893 sqft , 2025-10-03

222 West Ave #1808
Seaholm Residences Residential $650,000 $945 1 bd / 1 ba 688 sqft , 2026-07-10

1702 Willow St
Riverside $650,000 $749 2 bd / 1 ba 868 sqft , 2026-09-02

48 East Ave #2108
Natiivo $675,000 $841 1 bd / 1 ba 803 sqft , 2026-03-25

610 Davis St #3009
The Modern Austin Residences $675,000 $1,023 1 bd / 1 ba 660 sqft , 2026-08-12

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent

$3,168/mo

0.48% rule · conservative Austin est.

Gross Yield

5.76%

Annual rent ÷ purchase price

Cap Rate (est.)

3.46%

NOI after 40% vacancy + expenses

Down Payment

$132,000

20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$3,168

Principal + Interest−$3,602

Property Tax (~2.1% TX avg)−$1,155

Insurance (~0.5%)−$275

Est. Monthly Cash Flow $-1,864

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Austin, TX

Austin sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E

Apple Campus (Domain) 20-30 min N

Google / Meta / Indeed 10-15 min downtown

Dell Medical School / UT Austin 10-20 min

Samsung Austin Semiconductor 25 min N

About the Author

Luke Allen

Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019

★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on November 13, 2025.

📞 (254) 718-2567 [email protected] More about Luke →

48 East Ave #1305

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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