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48 East Ave 2210
Austin TX 78701 US

$1,349,000

Active Listing ID 6292110
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2 bed
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2.00 Bath (2 Full)
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Lot: 0.41 Acres
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Condominium

$1,349,000

Active Listing ID 6292110
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48 East Ave 2210 This property offers 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 95% occupancy rate and generated a remarkable $120, 000 in gross revenue, with projections to exceed $140, 000 in 2025. Other, similar units in the Natiivo building generate anywhere from $50-$60k in annual revenue. This means this particular unit outperforms others by over 100%! It has also has garnered over 100 Airbnb reviews with an outstanding 4.94/5-star average rating. There is no question, if you are looking for a unit exclusively in this building, this is by far the best choice. Because of the proven income by this property, options for information on DSCR and/or IO loans are available upon request. The home is being sold completely turnkey, including approximately $100, 000 worth of upgrades from the standard, builder-grade units and high-quality furniture and home goods purchased just a year ago. Additionally, it already has thousands in future bookings for 2025, ensuring a seamless transition for the new owner. Notable features include a state-of-the-art lighting system, upgraded countertops and island, stereo system, as well as complete furnishings. Building amenities include a pool, gym, reception, outdoor lounge, dog walk, co-working spaces, indoor lounge and kitchen, and attached coffee shop on the ground floor! Don’t miss out on this exceptional opportunity. Contact the listing agent for more information!

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Property Features

  • Facts
  • Lot Size: 0.41 Acres
  • Property Type: Residential
  • Property Sub-type: Condominium
  • Features
  • Full Bathrooms: 2
  • Exterior Finish: Balcony
  • Floor Covering: Tile, Wood
  • Roof Type: Concrete
  • Heating Fuels: Central Furnace
  • Additional Features
  • Waterfront

School Information

  • School
  • Mathews(Elementary)
  • O Henry(MiddleSchool)
  • Austin(HighSchool)

Property

  • propertytype: Residential
  • propertysubtype: Condominium
  • listprice: 1349000
  • unparsedaddress: 48 East Ave
  • unitnumber: 2210
  • postalcity: Austin
  • stateorprovince: TX
  • country: US
  • postalcode: 78701
  • bathroomsfull: 2
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.411
  • lotsizeunits: Acres
  • lotsizearea: 0.411
  • livingarea: 1277
  • livingareaunits: Square Feet
  • latitude: 30.256396
  • longitude: -97.738839
  • listagentfullname: Dylan Haines
  • listagentemail: dylan.haines@compass.com
  • listagentkey: 3yd-ABORTX-695589
  • listagentmlsid: 695589
  • listagentpreferredphone: 5126330864
  • listagentofficephone: 5125753644
  • listofficekey: 3yd-ABORTX-700459
  • listofficemlsid: 700459
  • disclaimer: Copyright © 2025 UnlockMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: ABORTX
  • yearbuilt: 2021
  • listingcontractdate: 2025-01-01
  • listagenturl: https://www.compass.com/
  • countyorparish: Travis
  • parcelnumber: 02030329390000
  • elementaryschool: Mathews
  • highschool: Austin
  • elementaryschooldistrict: Austin ISD
  • middleorjuniorschooldistrict: Austin ISD
  • highschooldistrict: Austin ISD
  • appliances: Cooktop, Cooktop - Electric, Dishwasher, Dryer, Garbage Disposer, Microwave, Refrigerator, Washer, Washer/Dryer Combo
  • constructionmaterials: Concrete
  • flooring: Tile, Wood
  • heating: Central Furnace
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Valet
  • roof: Concrete
  • view: City, Hills
  • waterfrontyn: True
  • interiorfeatures: High Ceilings, Quartz Counters, Primary Bedroom On Main, Recessed Lighting, Smart Home, Sound System, Walk-in Closet(s)
  • exteriorfeatures: Balcony
  • waterfrontfeatures: Lake Front, Waterfront
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Kitchen
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -97.73884, 30.256395
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Compass RE Texas, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[{"ExpenseCategory":"Home Owner Assessments Fee", "ExpenseFrequency":"Monthly", "ExpenseValue":971}], "GeocodeOptions":null, "LeadRoutingEmail":"dylan.haines@compass.com", "ListBrokerageCity":"Austin", "ListBrokerageCountry":"US", "ListBrokerageEmail":"Support@Compass.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Compass RE Texas, LLC", "ListBrokeragePhone":"(214) 814-8100", "ListBrokeragePostalCode":"78704", "ListBrokerageStateOrProvince":"TX", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"801 Barton Springs Rd.", "ListBrokerageWebsiteUrl":"https://www.compass.com/", "ListOfficeAddress1":"2500 Bee Caves Road", "ListOfficeAddress2":"Building 3, Suite 200", "ListOfficeBrokerMlsId":"484652", "ListOfficeCity":"Austin", "ListOfficeCountry":"US", "ListOfficeEmail":"Support@Compass.com", "ListOfficePostalCode":"78746", "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"Condominium - Austin, TX", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/48-East-Ave-2210_Austin_TX_78701_M90227-64815?f=listhub&s=ABORTX&m=6292110&c=rexren", "MLSModificationTimestamp":"2025-01-03T08:56:10Z", "Neighborhoods":[{"Description":null, "Name":"DT"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/3/2025 4:35:25 PM GMT
Source Updated Date: 1/6/2025 6:43:57 AM GMT

Courtesy of: Dylan Haines, Compass RE Texas, LLC, dylan.haines@compass.com

Copyright © 2025 UnlockMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.