Active Listing  ·  305 days on market

48 East Ave #2004

Austin, TX 78701
$650,000
1 Bed 1 Bath 893 sqft $728/sqft Built 2021 1-Car Garage Pool Natiivo

Welcome to 48 East Ave #2004, a chic 1-bedroom, 1-bathroom condo in the heart of downtown Austin at Natiivo. Designed with modern elegance, this fully furnished residence features sleek finishes, floor-to-ceiling windows with sweeping city views, and a bright open-concept floor plan. The kitchen showcases flat-front cabinetry, built-in appliances, and open shelving, while the spa-inspired bathroom offers a double vanity, striking tilework, and a spacious glass-enclosed shower.

This condo is an incredible opportunity for short-term rental income potential—with all the hard work already done. Ready to host, it offers buyers a turnkey investment in one of Austin’s premier buildings.

Residents and guests enjoy world-class amenities that enhance every stay, including a rooftop swimming pool with cabanas and lounge seating, a 10th-floor fitness center with yoga and Peloton studios, outdoor workout space, and state-of-the-art equipment. Additional perks include co-working spaces, a coffee bar in the lobby, a 33rd-floor clubhouse, outdoor terrace and garden, rooftop fireplace, dog run and pet washing station, bike storage, keyless entry, 24-hour valet parking, and concierge services provided by Natiivo’s MasterHosts.

Just steps from Rainey Street, Lady Bird Lake, and Austin’s best dining and nightlife, this Condo is a turnkey short-term rental investment with built-in income potential.

At $728/sqft, this home is priced 86% 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 #2004, Austin, TX 78701

Property Details

Price $650,000
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 893 sqft
Lot Size ,
Year Built 2021
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Natiivo
County Travis
Zip Code 78701
$/sqft $728/sqft
Days on Market ,
HOA $763.28/Monthly
Annual Tax Est. $16,758
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT208290078
List Date October 3, 2025
Elementary School Mathews
Middle School O Henry
High School Austin
School District ,

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.

Schedule a Call →

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
84 East Ave #1503
VESPER Zoppp Add
$650,000 $671 2 bd / 2 ba 969 sqft , 2026-04-02
1106 Arcadia Ave
West View Heights
$650,000 $630 2 bd / 2 ba 1,031 sqft , 2026-05-14
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
$3,120/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
$130,000
20% conventional investment loan

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

Estimated Gross Rent+$3,120
Principal + Interest−$3,547
Property Tax (~2.1% TX avg)−$1,138
Insurance (~0.5%)−$271
Est. Monthly Cash Flow $-1,836

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

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