48 East Ave Unit 2801
Austin, TX 78701
2 Beds2 Baths1,121 Sq Ft23 Days on Market
Listing Agent & Comments
Beth Sher • Christie's Int'l Real Estate
512-917-2929 • bethposhproperties@gmail.com License #0550613A 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
MLS# 2091790 • Data provided by Unlock MLS
HouseCanary, Inc. Brokerage
Living Area | 1,121 Sq.Ft. |
---|---|
Lot Size | 96 Sq.Ft. |
Total Rooms | -- |
Bedrooms | 2 |
Bathrooms | 2 |
Stories | 1 |
Year Built | 2021 |
Property Type | Condo |
Zoning | -- |
HOA Name | HOA |
HOA Fee | $996 monthly |
HOA Includes | CommonAreaMaintenance,Electricity,MaintenanceGrounds,MaintenanceStructure,Trash,Water |
Tax Year | 2023 |
Tax Amount | $21,046 |
Property in Flood Zone | -- |
Data provided by Unlock MLS.
This property is missing data for:
Forecast
New
Do you own this home?
Access your homeowner dashboard
48 East Ave., Unit 2801, Austin, TX 78701
Condo2 Beds2 Baths1,121 Sq Ft23 Days on Market
Listing Agent & Comments
Beth Sher • Christie's Int'l Real Estate
512-917-2929 • bethposhproperties@gmail.com License #0550613A 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
MLS# 2091790 • Data provided by Unlock MLS
HouseCanary, Inc. Brokerage
Living Area | 1,121 Sq.Ft. |
---|---|
Lot Size | 96 Sq.Ft. |
Total Rooms | -- |
Bedrooms | 2 |
Bathrooms | 2 |
Stories | 1 |
Year Built | 2021 |
Property Type | Condo |
Zoning | -- |
HOA Name | HOA |
HOA Fee | $996 monthly |
HOA Includes | CommonAreaMaintenance,Electricity,MaintenanceGrounds,MaintenanceStructure,Trash,Water |
Tax Year | 2023 |
Tax Amount | $21,046 |
Property in Flood Zone | -- |
Data provided by Unlock MLS.
This property is missing data for:
Forecast
New
Do you own this home?
Access your homeowner dashboard
48 East Ave Unit 2801
Austin, TX 78701
2 Beds2 Baths1,121 Sq Ft23 Days on Market
Listing Agent & Comments
Beth Sher • Christie's Int'l Real Estate
512-917-2929 • bethposhproperties@gmail.com License #0550613A 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
MLS# 2091790 • Data provided by Unlock MLS
HouseCanary, Inc. Brokerage
Living Area | 1,121 Sq.Ft. |
---|---|
Lot Size | 96 Sq.Ft. |
Total Rooms | -- |
Bedrooms | 2 |
Bathrooms | 2 |
Stories | 1 |
Year Built | 2021 |
Property Type | Condo |
Zoning | -- |
HOA Name | HOA |
HOA Fee | $996 monthly |
HOA Includes | CommonAreaMaintenance,Electricity,MaintenanceGrounds,MaintenanceStructure,Trash,Water |
Tax Year | 2023 |
Tax Amount | $21,046 |
Property in Flood Zone | -- |
Data provided by Unlock MLS.
This property is missing data for:
Forecast
New
Do you own this home?
Access your homeowner dashboard