Active Listing  ·  81 days on market

48 East Ave #2211

Austin, TX 78701
$930,000
2 Bed 2 Bath 1,036 sqft $898/sqft Built 2021 0.00 acres 1-Car Garage Pool Natiivo

Experience elevated luxury living and exceptional STR investment potential at 48 East Ave #2211 in the iconic Natiivo Austin — Austin’s premier hospitality-focused condominium tower in the vibrant Rainey Street Historic District. Designed for the modern urban lifestyle, Natiivo offers the rare advantage of fully approved short-term rental flexibility, allowing owners to homeshare on platforms such as Airbnb and VRBO while enjoying the benefits of luxury condominium ownership.

Perched high above downtown on the 22nd floor, this sophisticated 2-bedroom, 1.5-bath residence spans over 1,000 square feet of thoughtfully designed living space with sweeping skyline and city views framed by floor-to-ceiling windows. The open-concept floor plan is filled with natural light and seamlessly connects the living, dining, and kitchen areas, creating an ideal setting for entertaining and everyday living. A private balcony offers the perfect backdrop for morning coffee or evening cocktails overlooking the Austin skyline.

Refined contemporary finishes elevate the interiors, including sleek cabinetry, stainless steel appliances, designer lighting, and expansive glass throughout. The flexible second bedroom is ideal for guests, a home office, or additional hosting accommodations, while the powder bath adds convenience and functionality.

Residents enjoy access to resort-style amenities, including a rooftop pool deck with panoramic views, outdoor lounge with fireplace, state-of-the-art fitness center, Peloton and yoga studios, owner’s clubhouse, lobby coffee bar, dog park, pet washing station, and secure bike storage. Just steps from Lady Bird Lake and the Ann and Roy Butler Hike-and-Bike Trail, this premier downtown location places Austin’s top dining, nightlife, entertainment, and cultural attractions right outside your door.

At $898/sqft, this home is priced 130% 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 #2211, Austin, TX 78701

Property Details

Price $930,000
Status Active Listing
Beds 2
Full Baths 1
Half Baths 1
Living Area 1,036 sqft
Lot Size 0.00 acres (87.12 sqft)
Year Built 2021
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Natiivo
County Travis
Zip Code 78701
$/sqft $898/sqft
Days on Market ,
HOA $795/Monthly
Annual Tax Est. $20,416.66
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT230085225
List Date May 15, 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.

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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 #2311
Zoppp Add
$930,000 $898 2 bd / 2 ba 1,036 sqft , 2025-11-14
1600 S 1st St #403
Willa Community
$925,000 $802 2 bd / 2 ba 1,153 sqft , 2026-02-02
1900 Barton Springs Rd #2026
Zilkr/Pk Condos
$925,000 $714 2 bd / 2 ba 1,296 sqft , 2026-04-22
301 West Ave #3208
N/A
$924,900 $925 1 bd / 1 ba 1,000 sqft , 2026-05-27
48 East Ave #2911
Natiivo
$949,900 $917 2 bd / 2 ba 1,036 sqft , 2026-05-07

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
$4,464/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
$186,000
20% conventional investment loan

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

Estimated Gross Rent+$4,464
Principal + Interest−$5,075
Property Tax (~2.1% TX avg)−$1,628
Insurance (~0.5%)−$388
Est. Monthly Cash Flow $-2,627

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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