Active Listing  ·  111 days on market

48 East Ave #2504

Austin, TX 78701
$679,900
1 Bed 1 Bath 893 sqft $761/sqft Built 2021 0.00 acres 1-Car Garage Pool Natiivo

Elevated above the energy of downtown, this sophisticated residence at Natiivo Austin offers a rare blend of refined design and flexible ownership in one of the city’s most coveted locations. Positioned in the vibrant Rainey Street Historic District, the home captures sweeping skyline vistas alongside tranquil views of Lady Bird Lake—a striking juxtaposition of urban vitality and natural beauty. Inside, the expansive one-bedroom layout—among the largest in the building—feels both airy and intentional, with soaring ceilings and dramatic floor-to-ceiling windows that flood the space with natural light. A private balcony extends the living area outward, creating the perfect perch to take in the city’s ever-changing backdrop. Clean, modern finishes and a polished aesthetic lend a sense of understated luxury throughout. Designed for effortless, lock-and-leave living, this residence is part of the only downtown building that allows short-term rentals with full-service, hotel-style support. Owners have the flexibility to reside full-time, enjoy it as a pied-a-terre, or generate income through professionally managed short-term rentals—complete with 24-hour concierge service, housekeeping, and hospitality-level care. Residents enjoy an elevated suite of amenities, including a stunning rooftop pool, a 33rd-floor clubhouse with panoramic views, outdoor terraces and garden spaces, a state-of-the-art fitness center, bike storage, dog run, pet washing station, and secure keyless entry. Just steps from the lakefront trails, acclaimed dining, coffee shops, and boutique shopping, this is downtown living reimagined—where luxury, convenience, and lifestyle converge seamlessly.

At $761/sqft, this home is priced 95% 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 #2504, Austin, TX 78701

Property Details

Price $679,900
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 893 sqft
Lot Size 0.00 acres (74.05 sqft)
Year Built 2021
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Natiivo
County Travis
Zip Code 78701
$/sqft $761/sqft
Days on Market ,
HOA $817/Monthly
Annual Tax Est. $15,818.74
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT226248969
List Date April 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.

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
48 East Ave #1804
Natiivo
$679,900 $755 1 bd / 1 ba 901 sqft , 2026-02-06
2209 S 1st St #237
Bouldin
$679,000 $633 2 bd / 2 ba 1,072 sqft , 2026-06-17
48 East Ave #2108
Natiivo
$675,000 $841 1 bd / 1 ba 803 sqft , 2026-03-25
1900 Barton Springs Rd #5027
ZILKR ON THE PARK CONDOMINIUMS
$675,000 $662 2 bd / 2 ba 1,019 sqft , 2024-07-18
1604 Haskell St #2
Tobin Resub Riverside
$675,000 $627 2 bd / 2 ba 1,077 sqft , 2026-05-26

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
$3,264/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
$135,980
20% conventional investment loan

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

Estimated Gross Rent+$3,264
Principal + Interest−$3,710
Property Tax (~2.1% TX avg)−$1,190
Insurance (~0.5%)−$283
Est. Monthly Cash Flow $-1,919

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

More Luxury Homes in Austin

Loading…
View All Luxury Homes →