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48 East Ave #2504, Austin, TX, 78701

1beds
1baths
893sqft
$679,900
$761price/sqft
$5,186/moest. monthly cost
$207,440/yrincome needed

About This Home

Elevated above the energy of downtown, this sophisticated residence at Natiivo Austin offers a rare blend of refined design and flexible ownership in one of the city’s most coveted locations. Positioned in the vibrant Rainey Street Historic District, the home captures sweeping skyline vistas alongside tranquil views of Lady Bird Lake—a striking juxtaposition of urban vitality and natural beauty. Inside, the expansive one-bedroom layout—among the largest in the building—feels both airy and intentional, with soaring ceilings and dramatic floor-to-ceiling windows that flood the space with natural light. A private balcony extends the living area outward, creating the perfect perch to take in the city’s ever-changing backdrop. Clean, modern finishes and a polished aesthetic lend a sense of understated luxury throughout. Designed for effortless, lock-and-leave living, this residence is part of the only downtown building that allows short-term rentals with full-service, hotel-style support. Owners have the flexibility to reside full-time, enjoy it as a pied-a-terre, or generate income through professionally managed short-term rentals—complete with 24-hour concierge service, housekeeping, and hospitality-level care. Residents enjoy an elevated suite of amenities, including a stunning rooftop pool, a 33rd-floor clubhouse with panoramic views, outdoor terraces and garden spaces, a state-of-the-art fitness center, bike storage, dog run, pet washing station, and secure keyless entry. Just steps from the lakefront trails, acclaimed dining, coffee shops, and boutique shopping, this is downtown living reimagined—where luxury, convenience, and lifestyle converge seamlessly.

Getting Around

86
WalkingVery Walkable
57
TransitGood Transit
96
BikeBiker's Paradise

Schools

10/10
Mathews Elementary SchoolGrades PK-62.0 mi
6/10
O Henry Middle SchoolGrades 6-82.9 mi
7/10
Austin High SchoolGrades 9-122.0 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 2021

Materials

  • Foundation: Slab
  • Roof: Metal

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Built-In Oven(s),Built-In Range,Microwave,Range,Washer/Dryer

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 1

Features

  • Quartz Counters,Walk-In Closet(s),Washer Hookup
  • Window features: Wood Frames
  • Flooring: Wood

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 893 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 02030329660000
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: None
  • Exterior features: Balcony
  • Fencing: None
  • Has view: Yes
  • View description: City,City Lights,Downtown,Lake,Water
  • Has water view: Yes
  • Water view: Lake,Water
  • Waterfront features: None

Lot

  • Lot size: 74.05 sqft
  • Features: Views

Parking

  • Total spaces: 1
  • Parking features: Garage,Valet
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailRelatively High
  • Tornado
    TornadoRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Hail
Tornado
Heat Wave
Inland Flooding

FEMA Declared Disasters Across Texas Counties

Flood
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,437$41,244
Home Insurance *$338$4,056
Property Taxes $1,173$14,076
Electricity $238$2,859
Total$5,186$62,232
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$177,805/yr
40% on housing$155,580/yr
45% on housing$138,293/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.4%
6.4%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$761This listing

vs Other Active Listings

Avg $/sqft

ZIP 78701$456
Travis County$334

vs Homes Sold Last Month

Median $/sqft

ZIP 78701$618
Travis County$233

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-15Listed for sale$699,900
2022-03-17Sold--
2021-05-14Listing removed--
2021-04-27Listed for sale$697,000

For Sale by Agent

AgentSharon Morgan
BrokerageKW-Austin Portfolio Real Estate

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