




48 E East Ave #1706, Austin, TX, 78701
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
Schools
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
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
- Tornado
- Heat Wave
- Inland Flooding
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,502 | $30,024 |
| Home Insurance * | $246 | $2,952 |
| Property Taxes | $540 | $6,480 |
| Electricity | $238 | $2,859 |
| Total | $3,526 | $42,312 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-29 | Listed for sale | $495,000 |
| 2022-02-08 | Listing removed | -- |
| 2021-03-29 | Contingent | $558,000 |
| 2021-03-02 | Listed for sale | $558,000 |
