
48 East Ave #1809, Austin TX 78701
MLS #245253596 · Keller Williams Realty · Clara Spriggs-Adams
About this home
STR-Permitted Community! Turnkey, fully furnished, income-producing condominium w/ a proven short-term rental history and professional property management already in place. The HOA and governing documents permit short-term rentals (STR), making this an exceptional investment opportunity that's ready to generate income from day one. Perched on the 18th floor, this luxury residence features beautiful hardwood flooring, an open-concept, B-1 floor plan, the primary suite & a guest bedroom, both w/ ensuite spa-inspired bathrooms in each w/ a frameless glass walk-in shower in primary, & bathtub in guest suite. Floor-to-ceiling windows that fill the home w/ natural light & open to a private balcony. Ideally located in the highly sought-after Rainey St Historic District, you'll enjoy walking distance to Austin's finest restaurants, entertainment, Lady Bird Lake, and the Ann and Roy Butler Hike-&-Bike Trail, while being just steps from downtown Austin. The sale includes one reserved garage parking space with 24-hour valet service, Wi-Fi, trash service, washer, dryer, refrigerator, television, and all furnishings, cookware, dishes, silverware, and housewares making this a true turnkey investment or luxury residence. Residents enjoy an impressive collection of resort-style amenities, including a spectacular 33rd-floor rooftop pool & clubhouse w/ panoramic skyline views, state-of-the-art fitness center, Peloton studio, yoga studio, outdoor fitness area, co-working spaces, lobby coffee bar, landscaped terrace w/ an outdoor fireplace, bike storage, dog park, & pet washing station. With an impressive Walk Score of 84 and Transit Score of 60, this luxury condominium offers the perfect combination of convenience, upscale living, and exceptional investment potential in one of Austin's most desirable neighborhoods. Whether you're searching for a primary residence, second home, or high-performing investment property, this rare opportunity is truly move-in & rental ready.
Property details
- Property type
- Residential · Condominium
- Status
- Active
- Year built
- 2021
- Full baths
- 2
- Lot size
- 0.0019
- Subdivision
- Natiivo
- MLS area
- DT
- MLS #
- 245253596
Features
Interior features
- 2 Primary Baths
- 2 Primary Suites
- High Ceilings
- Quartz Counters
- Double Vanity
- Electric Dryer Hookup
- Eat-in Kitchen
- High Speed Internet
- Open Floorplan
- Primary Bedroom on Main
- Stackable W/D Connections
- Walk-In Closet(s)
- Washer Hookup
Exterior features
- Balcony
Additional details
- Parking
- Garage, Valet
- Garage spaces
- 1
- Roof
- Concrete
- Foundation
- Slab
- HOA
- $1,100 / monthly
- Annual tax
- $15,366
Location
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Schools
Assigned schools per the MLS.
- School district
- Austin ISD
- Elementary
- Mathews
- Middle
- O Henry
- High
- Austin
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Getting around
- Downtown Austin
- 0.8 mi
- Austin-Bergstrom Airport
- 5.9 mi
Straight-line distance, not drive time.
Market insights
Compared with 351 active homes in ZIP 78701 · HomeLocating listings
At $699,000, this home is priced 4% above the $675,000 median across 351 active homes in ZIP 78701, including other homes in Natiivo.
Estimated monthly payment
Home price
$699,000
Down payment
20% ($139,800)
Loan details
30-yr fixed, 6.50%
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Estimate only, not a lending offer or MLS data. Taxes, insurance, and HOA figures are estimated (see ⓘ above for detail); contact a lender to confirm your exact rate and payment.
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Listing courtesy of Keller Williams Realty · Clara Spriggs-Adams
Listing data last updated Oct 2, 2026, 11:46 PM
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