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48 E East Ave #1706, Austin, TX, 78701

1beds
1baths
742sqft
$495,000
$667price/sqft
$3,526/moest. monthly cost
$141,040/yrincome needed

About This Home

Built for income, designed for flexibility, and positioned in the only downtown Austin high-rise that actually allows it. There’s also an opportunity to scale. A second, nearly identical unit next door, Unit 1707, is available and can be purchased together, creating efficiency in management and a stronger overall investment position. This 17th-floor residence is fully furnished and already performing as a short-term rental, with an established Airbnb presence, strong reviews, and a management setup that can transfer seamlessly. No ramp-up, no guessing. It’s already in motion. Inside, the layout is clean and efficient with floor-to-ceiling windows, an open flow, and a modern kitchen finished with sleek European-style cabinetry and premium appliances. Every piece, from furniture to décor, is dialed in to attract bookings and maximize usability. Natiivo operates with a hospitality-driven model, offering a rooftop pool with cabanas, fitness center with yoga and Peloton studios, co-working spaces, café and bar, plus 24-hour concierge and valet. It’s built to support both owners and guests at a high level. Walkability is a major driver here, with Rainey Street, Lady Bird Lake, and some of Austin’s top restaurants and nightlife just outside the door.

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: Concrete

Other

  • Builder name: Pearlstone/Newgard

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Electric Cooktop,Microwave,Refrigerator,Stainless Steel Appliance(s),Washer,Washer/Dryer Stacked,See Remarks

Bedrooms & Bathrooms

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

Features

  • High Ceilings,Quartz Counters,Primary Bedroom on Main,Walk-In Closet(s)
  • Window features: See Remarks
  • Flooring: Terrazzo,Tile,Wood
  • Fireplace features: None

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 742 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 02030328800000
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Private pool: Yes
  • Pool features: Cabana,In Ground,See Remarks
  • Patio & porch: None
  • Exterior features: Balcony
  • Spa features: None
  • Fencing: None
  • Has view: Yes
  • View description: City,Water
  • Has water view: Yes
  • Water view: Water
  • On waterfront: Yes
  • Waterfront features: Lake Front
  • Waterbody name: Lady Bird Lake

Lot

  • Lot size: 0.41 Acres
  • Features: None

Parking

  • Parking features: Valet,See Remarks