Active Listing  ·  55 days on market

48 East Ave #3006

Austin, TX 78701
$539,000
1 Bed 1 Bath 742 sqft $726/sqft Built 2021 0.00 acres Pool 48 EAST CONDOMINIUMS

Experience elevated downtown living from the 30th floor of Natiivo Austin, perched just three floors below the top of this iconic 33-story tower. This coveted southeast-facing residence offers stunning views of Lady Bird Lake, the Austin skyline, and miles of surrounding scenery, complemented by beautiful morning light and a comfortable retreat from Austin’s afternoon sun. Offered fully furnished and turnkey, Unit 3006 is currently operating as a successful short-term rental, creating a seamless opportunity for investors looking to continue utilizing the existing management structure or for owners seeking a luxury second home with income potential. Located in one of Austin’s premier hotel-zoned high-rises, Natiivo allows both short-term rentals and long-term leasing, providing exceptional flexibility. Designed for effortless ownership, the residence includes furnishings, appliances, and access to Natiivo’s resort-style amenities, including 24-hour concierge service, a rooftop pool with cabanas, fitness center with private Peloton rooms, yoga studio, game room, coffee bar, library, dog park, outdoor gathering spaces, and convenient one-touch elevator access. Just steps from Waller Beach, the Butler Hike-and-Bike Trail, Rainey Street, and Austin’s vibrant downtown scene, this highly sought-after property offers the flexibility to enjoy whenever you choose while maximizing rental potential the rest of the year. Schedule your private tour today.

At $726/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 #3006, Austin, TX 78701

Property Details

Price $539,000
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 742 sqft
Lot Size 0.00 acres (60.98 sqft)
Year Built 2021
Garage ,
Stories ,
Type Residential · Condominium
Subdivision 48 EAST CONDOMINIUMS
County Travis
Zip Code 78701
$/sqft $726/sqft
Days on Market ,
HOA $600/Monthly
Annual Tax Est. $10,876.99
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT235431399
List Date June 10, 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
360 Nueces St #3907
Residential Condo Amd 360
$540,000 $634 1 bd / 1 ba 852 sqft , 2026-06-15
48 East Ave #2405
Natiivo
$535,000 $758 1 bd / 1 ba 706 sqft , 2026-01-16
2505 E 11th St #2
2505 E 11th Street Condos
$535,000 $597 2 bd / 3 ba 896 sqft , 2026-07-30
5102 Martin Ave #2
North Loop
$545,000 $582 2 bd / 2 ba 936 sqft , 2026-07-17
44 East Ave #1602
44 East Ave Condos
$530,000 $839 1 bd / 1 ba 632 sqft , 2026-02-20

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
$2,587/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
$107,800
20% conventional investment loan

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

Estimated Gross Rent+$2,587
Principal + Interest−$2,942
Property Tax (~2.1% TX avg)−$943
Insurance (~0.5%)−$225
Est. Monthly Cash Flow $-1,523

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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