$930,000

Property Overview

This 22nd-floor residence at 48 East Ave in the Natiivo tower offers rare short-term rental approval within Rainey Street District's most coveted hospitality-focused development. The 2-bedroom, 2-bath condo spans 1,036 square feet with floor-to-ceiling windows framing expansive skyline views and direct sightlines to downtown Austin. An open-concept layout flows seamlessly from the living and dining areas through the kitchen, while a private balcony captures the energy of the vibrant neighborhood below—perfect for hosting or quiet mornings overlooking Lady Bird Lake.

Built in 2021, this unit combines modern finishes with the flexibility that appeals to both owner-occupants and investment-focused buyers. The proximity to historic bungalow bars, luxury high-rises, and the district's pulsing nightlife means residents enjoy immediate access to Austin's most dynamic urban corridor. At $930,000, or $898 per square foot, this property reflects strong positioning within the Rainey Street luxury market while maintaining short-term rental upside unavailable in most comparable buildings.

Vox Real Estate Insight

The STR approval at Natiivo is genuinely distinctive in Austin's condo market, and combined with this unit's height advantage and view profile, it appeals to a broader buyer pool than typical owner-occupant stock. Vox Residential sees these hospitality-approved residences as increasingly strategic for investors navigating Austin's evolving STR landscape.

Agent Description

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.

Neighborhood: Rainey Street District

This property is located in Rainey Street District, Austin, TX. The area is known for Historic Bungalow Bars, Lady Bird Lake Access, Luxury High-Rises, Skyline Views, Vibrant Nightlife.

At $898/sqft, this listing is priced 14% above the Rainey Street District median of $785/sqft.

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