
$650,000
1 bd · 1 ba · 893 sqft
48 East Ave #2004, Austin, TX 78701
48 East Ave #2004, Austin, TX 78701 is a 1-bedroom, 1-bathroom condominium listed at $650,000 ($728/sqft). 893 sqft. Built in 2021. Located in Rainey Street District, Austin TX. Priced 7% below the Rainey Street District median of $785/sqft. MLS #7757181. Listed by Douglas Elliman Real Estate.
Property Overview
This modern one-bedroom at 48 East Ave in the heart of Rainey Street District offers floor-to-ceiling windows framing sweeping views of Austin's skyline. Located within the Natiivo building, the residence features a thoughtfully designed open-concept layout with sleek finishes, flat-front cabinetry, and built-in appliances that cater to contemporary living. The spa-inspired bathroom showcases a double vanity, striking tilework, and a spacious glass-enclosed shower that elevates the everyday experience.
At $728 per square foot, this 893-square-foot unit sits 14 percent below the neighborhood median, positioning it as an exceptional value in one of downtown Austin's most coveted addresses. Residents access world-class amenities including a rooftop pool with cabanas, a 10th-floor fitness center with yoga and Peloton studios, outdoor workout space, and dedicated co-working areas. The Rainey Street District location provides unparalleled walkability to historic bungalow bars, Lady Bird Lake access, and Austin's most vibrant nightlife and dining scenes.
The unit arrives fully furnished and operating successfully as a short-term rental, making it an attractive option for investors seeking passive income with established operational infrastructure already in place.
Vox Real Estate Insight
The Rainey Street District continues to command strong demand from both owner-occupants and investors, and this Natiivo unit's pricing advantage relative to comparable new construction in the area makes it genuinely compelling. At Vox Residential, we've seen extended holding periods work in buyers' favor on luxury downtown condos, and this extended marketing period has created real negotiating leverage.
Agent Description
Welcome to 48 East Ave #2004, a chic 1-bedroom, 1-bathroom condo in the heart of downtown Austin at Natiivo. Designed with modern elegance, this fully furnished residence features sleek finishes, floor-to-ceiling windows with sweeping city views, and a bright open-concept floor plan. The kitchen showcases flat-front cabinetry, built-in appliances, and open shelving, while the spa-inspired bathroom offers a double vanity, striking tilework, and a spacious glass-enclosed shower. This condo is an incredible opportunity for short-term rental income potential—with all the hard work already done. Ready to host, it offers buyers a turnkey investment in one of Austin’s premier buildings. Residents and guests enjoy world-class amenities that enhance every stay, including a rooftop swimming pool with cabanas and lounge seating, a 10th-floor fitness center with yoga and Peloton studios, outdoor workout space, and state-of-the-art equipment. Additional perks include co-working spaces, a coffee bar in the lobby, a 33rd-floor clubhouse, outdoor terrace and garden, rooftop fireplace, dog run and pet washing station, bike storage, keyless entry, 24-hour valet parking, and concierge services provided by Natiivo’s MasterHosts. Just steps from Rainey Street, Lady Bird Lake, and Austin’s best dining and nightlife, this Condo is a turnkey short-term rental investment with built-in income potential.
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 $728/sqft, this listing is priced 7% below the Rainey Street District median of $785/sqft.
Property Details
| Property Type | Condominium |
| Year Built | 2021 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Living Area | 893 sqft |
| Price / Sqft | $728 |
| Stories | One |
| Condition | Resale |
| Unit Style | Tower (14+ Stories) |
| Subdivision | Natiivo |
| County | Travis |
| MLS Area | DT |
| Listed | Oct 3, 2025 |
| MLS # | 7757181 |
| Listed By | Douglas Elliman Real Estate |
Interior
| Flooring | Tile, Wood |
| Appliances | Dishwasher, Disposal, Electric Cooktop, Electric Oven, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer |
| Interior Features | Ceiling-High, Quartz Counters, Double Vanity, No Interior Steps, Open Floorplan, Primary Bedroom on Main |
| Windows | Window Treatments |
| Laundry | In Unit, Laundry Closet |
| Main-Level Bedrooms | 1 |
Systems & Utilities
| Cooling | Electric |
| Heating | Electric |
| Utilities | Electricity Connected, Sewer Connected, Water Connected |
| Water Source | Public |
| Sewer | Public Sewer |
Exterior & Lot
| Construction | Concrete, Glass |
| Exterior Features | Balcony |
| Patio & Porch | Patio |
| View | City, Panoramic |
| Faces | East |
Parking
| Parking Spaces | 1 |
| Garage Spaces | 1 |
| Parking Features | Garage, Gated, Reserved, Valet |
Community & HOA
| HOA | Yes |
| HOA Name | 48 East |
| HOA Fee | $763 / Monthly |
| Fee Includes | Common Area Maintenance, Maintenance Grounds, Parking, Security, Trash |
| Community Features | Clubhouse, Concierge, Conference/Meeting Room, Controlled Access, Covered Parking, Dog Park, Fitness Center, Garage Parking, Kitchen Facilities, Lock and Leave, Lounge, Package Service, Pool, Property Manager On-Site, Rooftop Lounge, Sundeck, ValetParking, Trail(s) |
| Security | 24 Hour Security, Building Security, Key Card Entry |
Assigned Schools
| Elementary | Mathews |
| Middle | O Henry |
| High | Austin |
| District | Austin ISD |
Taxes & Legal
| Tax Year | 2025 |
| Annual Tax | $16,758 |
| Assessed Value | $773,023 |
| Parcel # | 02030329110000 |
| Legal Description | 48 EAST CONDOMINIUMS UNT 2004 0.4180%INT IN COMMON AREA |
| FEMA Flood Plain | No |
| In ETJ | No |
| Disclosures | Seller Disclosure |
| Listing Conditions | Standard |
Listing data last updated:
Frequently Asked Questions
What is the listing price of 48 East Ave #2004, Austin, TX 78701?
This property is listed at $650,000, which is $728 per square foot. That is 7% below the Rainey Street District area median of $785/sqft.
How many bedrooms and bathrooms does 48 East Ave #2004, Austin, TX 78701 have?
This home has 1 bedroom and 1 bathroom, with 893 square feet of living space.
When was 48 East Ave #2004, Austin, TX 78701 built?
This property was built in 2021, making it 5 years old.
What neighborhood is 48 East Ave #2004, Austin, TX 78701 in?
This property is in Rainey Street District, Austin, TX. The area is known for historic bungalow bars, lady bird lake access, luxury high-rises.
How long has 48 East Ave #2004, Austin, TX 78701 been on the market?
This listing has been on the market for 313 days.
What type of property is 48 East Ave #2004, Austin, TX 78701?
This is a Condominium.