Active Listing  ·  33 days on market

48 East Ave #2011

Austin, TX 78701
$895,900
2 Bed 1 Bath 1,036 sqft $865/sqft Built 2021 0.00 acres Pool Waterfront Natiivo

Experience elevated downtown Austin living with the rare freedom to own, enjoy, and generate income from one exceptional residence. This fully furnished 2-bedroom, 1.5-bath condominium at Natiivo Austin offers a seamless blend of luxury, flexibility, and investment potential in one of the city’s most sought-after locations in the heart of the Rainy Street District. Designed for both personal enjoyment and guest appeal, the turnkey residence comfortably accommodates up to six guests and showcases sweeping views of Lady Bird Lake and the Austin skyline through expansive floor-to-ceiling windows. Contemporary interiors, designer furnishings, and thoughtful details create a sophisticated retreat above the city. Located in the heart of Austin’s vibrant Rainey Street District, residents and guests enjoy immediate access to acclaimed restaurants, nightlife, live music venues, and the scenic trails surrounding Lady Bird Lake. Whether serving as a personal getaway, an income-producing asset, or a full-time residence, this property offers unmatched versatility. Owners and guests enjoy access to an impressive collection of resort-style amenities, including a rooftop pool, fitness center, owner’s lounge, concierge-inspired services, and professional hosting support.

As part of Natiivo Austin, one of downtown’s premier hospitality-focused residential communities, owners have the

flexibility to self-manage or participate in short-term rental programs while maintaining the comfort and privacy of

luxury condominium ownership. With strong rental performance, a prime downtown location, and breathtaking lake

and skyline views, this is a rare opportunity to own a truly flexible luxury property in the center of Austin. Schedule

your private tour today.

At $865/sqft, this home is priced 120% 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 #2011, Austin, TX 78701

Property Details

Price $895,900
Status Active Listing
Beds 2
Full Baths 1
Half Baths ,
Living Area 1,036 sqft
Lot Size 0.00 acres (87.12 sqft)
Year Built 2021
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Natiivo
County Travis
Zip Code 78701
$/sqft $865/sqft
Days on Market ,
HOA $1,300/Monthly
Annual Tax Est. $15,208.62
Pool Yes
Waterfront Yes
New Construction ,
MLS # ACT244116187
List Date August 20, 2026
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
301 West Ave #3208
N/A
$899,000 $899 1 bd / 1 ba 1,000 sqft , 2026-05-27
44 East Ave #1607
44 East Ave Condos
$899,000 $736 2 bd / 2 ba 1,221 sqft , 2026-07-06
360 Nueces St #3109
Residential Condo Amd 360
$899,000 $723 2 bd / 2 ba 1,244 sqft , 2026-08-26
1612 Travis Heights Blvd
Travis Heights
$899,000 $675 2 bd / 1 ba 1,332 sqft , 2026-09-17
44 East Ave #2307
44 East Ave Condos
$900,000 $737 2 bd / 2 ba 1,221 sqft , 2026-04-08

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
$4,300/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
$179,180
20% conventional investment loan

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

Estimated Gross Rent+$4,300
Principal + Interest−$4,889
Property Tax (~2.1% TX avg)−$1,568
Insurance (~0.5%)−$373
Est. Monthly Cash Flow $-2,530

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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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
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 August 25, 2026.

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