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 139% above the Austin active market average of $391/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 ,

Have Questions About This Property?

Luke Allen (TREC #788149) has deep knowledge of Austin and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

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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

2905 Rio Grande St
Rio Grande & West 29 5 Condos $655,000 $774 2 bd / 1 ba 846 sqft , 2026-05-14

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

313 W 17th St #1202
Linden Condos $650,000 $772 1 bd / 1 ba 842 sqft , 2026-06-05

3014 Hemphill Park
Aldridge Place $650,000 $697 2 bd / 1 ba 933 sqft , 2026-06-26

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

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

48 East Ave #1305

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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