Betty Epperson of Epperson Realty Group - 512-630-7290
Austin Condo ManiaMLS: 2091790 $1,120,000
2 Bedrooms with 2 Baths48 EAST AVE 2801
AUSTIN TX 78701MLS: 2091790
Status: ACTIVE
List Price: $1,120,000
Price per SQFT: $999
Square Footage: 11212 Bedrooms
2 Baths
Year Built: 2021
Zip Code: 78701
Listing Remarks
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 83% occupancy rate and generated a remarkable $96,000 in gross revenue. 1/1/2025-present, already at a 90% occupancy rate. Other similar units in the Natiivo building generate anywhere from $50-$60k in annual revenue. This means this particular unit outperforms. It has garnered over 130 Airbnb reviews with an outstanding 4.95 out of 5 star average rating. With Western-Facing Views this 28th floor condo offers incredible views of both the Lake and Austin Skyline. This two-bedroom, two-bathroom residence offered fully furnished, boasts an open-concept layout with modern kitchen and floor-to-ceiling windows in living room. The primary bedroom features a walk-in closet, en suite bathroom and a walk-in shower with chic all-black finishes. Floor-to-ceiling windows in both bedrooms lets natural light pour in. Enjoy morning coffee or evening cocktails on the oversized wrap-around terrace with views to the west and north—a prime spot to watch the sunset and fireworks over the water. If you are looking for a unit exclusively in this building, this is by far the best choice. The home is being sold completely turnkey. Additionally, it already has future bookings for 2025, ensuring a seamless transition for the new owner. As a high-end hotel, it allows owners the unique opportunity to reside part-time and lease their condos as a short-term rental with the service and luxury that comes with a hotel. Building amenities include a roof-top pool, state of the art gym, a 33rd-floor clubhouse, an outdoor terrace and garden, keyless entry, a yoga room, bike storage, a dog run, a pet washing station, concierge, security, and attached coffee shop on the ground floor! https://hdmediapartners.hd.pics/48-East-Ave
Address: 48 EAST AVE 2801 AUSTIN TX 78701
Listing Courtesy of CHRISTIE'S INT'L REAL ESTATE
Community: NATIIVO ... Listing 4 of 29
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Condo Mania Agent
Betty Epperson
Epperson Realty Group
Broker/Owner
TREC # 474240
Phone: 512-630-7290
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Listing Details
STATUS: Active SPECIAL LISTING CONDITIONS: Standard LISTING CONTRACT DATE: 2025-05-25 BEDROOMS: 2 BATHROOMS FULL: 2 BATHROOMS HALF: 0 LIVING AREA SQ FT: 1121 YEAR BUILT: 2021 HOA/MGMT CO: HOA HOA FEES FREQUENCY: Monthly HOA FEES: $996 HOA INCLUDES: CommonAreaMaintenance, Electricity, MaintenanceGrounds, MaintenanceStructure, Trash, Water HOA AMENITIES: Concierge APPLIANCES INCLUDED: BuiltInElectricOven, BuiltInRefrigerator, Cooktop, WasherDryerStacked, Dishwasher, Freezer, Microwave CONSTRUCTION: Block, Glass, Concrete, Stone, Stucco COMMUNITY FEATURES: BusinessCenter, BarLounge, Concierge, CommonGroundsArea, Clubhouse, Courtyard, ConferenceMeetingRoom, FitnessCenter, Lake, Pool EXTERIOR FEATURES: Balcony, CoveredCourtyard, UncoveredCourtyard FLOORING: Tile, Wood HEATING: Central INTERIOR FEATURES: CeilingFans, HighCeilings, MainLevelPrimary, NoInteriorSteps, OpenFloorplan, StoneCounters LAUNDRY FEATURES: InUnit, WasherHookup, DryerHookup, Stacked LEGAL DESCRIPTION: 48 EAST CONDOMINIUMS UNT 2801 0. 5291%INT IN COMMON AREA LOT FEATURES: SeeRemarks # GARAGE SPACES: 1 PARKING FEATURES: Garage, Covered, Guest PROPERTY TYPE: Residential PROPERTY SUB TYPE: Condominium ROOF: Concrete POOL FEATURES: SeeRemarks, Community DIRECTION FACES: West VIEW: City, Lake, Panoramic LISTING AGENT: BETH SHER LISTING OFFICE: CHRISTIE'S INT'L REAL ESTATE LISTING CONTACT: (512) 368-8078
Estimated Monthly Payments
List Price: $1,120,000 20% Down Payment: $224,000 Loan Amount: $896,000 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $5,663 Estimate does not include taxes, fees, insurance.
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Property Location: 48 EAST AVE 2801 AUSTIN TX 78701
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Condo Mania Agent
Betty Epperson
Epperson Realty Group
Broker/Owner
TREC # 474240
Phone: 512-630-7290
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Last Updated: 2025-06-02