48 East Ave #2210, Austin, TX 78701 (MLS # 6292110)
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This property offers a rare opportunity to own a premier, water-view, condo in the heart of Austin's highly sought-after Rainey Street District while also stepping into the operation of one of Natiivo's top-performing short-term rentals (STRs). In 2024, this property boasted an impressive 95% occupancy rate and generated a remarkable $120,000 in gross revenue, with projections to exceed $140,000 in 2025. Other, similar units in the Natiivo building generate anywhere from $50-$60k in annual revenue. This means this particular unit outperforms others by over 100%! It has also has garnered over 100 Airbnb reviews with an outstanding 4.94/5-star average rating. There is no question, if you are looking for a unit exclusively in this building, this is by far the best choice. Because of the proven income by this property, options for information on DSCR and/or IO loans are available upon request. The home is being sold completely turnkey, including approximately $100,000 worth of upgrades from the standard, builder-grade units and high-quality furniture and home goods purchased just a year ago. Additionally, it already has thousands in future bookings for 2025, ensuring a seamless transition for the new owner. Notable features include a state-of-the-art lighting system, upgraded countertops and island, stereo system, as well as complete furnishings. Building amenities include a pool, gym, reception, outdoor lounge, dog walk, co-working spaces, indoor lounge and kitchen, and attached coffee shop on the ground floor! Don't miss out on this exceptional opportunity. Contact the listing agent for more information!
Property Type(s):
Condo/Townhouse/Co-Op
| Last Updated | 1/2/2025 | Tract | NATIIVO AUSTIN Zopp Add |
|---|---|---|---|
| Year Built | 2021 | Community | NATIIVO AUSTIN Zopp Add |
| Garage Spaces | 1.0 | County | Travis |
SCHOOLS
| Elementary School | Mathews |
|---|---|
| Jr. High School | O Henry |
| High School | Austin |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AMENITIES | Cable TV, Insurance, Internet, Trash |
| APPLIANCES | Dishwasher, Disposal, Electric Cooktop, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer, Washer/Dryer Stacked |
| AREA | DT |
| CONSTRUCTION | Concrete |
| EXTERIOR | Balcony |
| GARAGE | Yes |
| HEAT | Central |
| HOA DUES | 971|Monthly |
| INTERIOR | High Ceilings, Master Downstairs, Recessed Lighting, See Remarks, Smart Home, Sound System, Walk-In Closet(s) |
| LOT | 0.411 acre(s) |
| LOT DESCRIPTION | Waterfront |
| PARKING | Valet |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Tower (14 Stories) |
| SUBDIVISION | NATIIVO AUSTIN Zopp Add |
| TAXES | 19521 |
| UTILITIES | Electricity Available, Water Available, See Remarks |
| VIEW | Yes |
| VIEW DESCRIPTION | City Lights, Downtown |
| WATER | Public |
| WATER ACCESS | Lady Bird Lake |
| WATERFRONT | Yes |
| WATERFRONT DESCRIPTION | Lake Front |
Location
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Property listed by Dylan Haines, Compass RE Texas, LLC
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 1/15/25 2:31 PM PST. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
This IDX solution is (c) Diverse Solutions 2025.
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