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.
Active
$679,900
48 East Ave #2504, Austin, TX 78701
1beds
893sqft
Condominium
Built in 2021
-- sqft lot
$660,200 Zestimate®
$761/sqft
$817/mo HOA
What's special
Private balconyDramatic floor-to-ceiling windowsDog runSweeping skyline vistasClean modern finishesSoaring ceilingsStunning rooftop pool
- 144 days
- 45
- 2
Zillow last checked:
Listing updated:
Listed by:
Sharon Morgan sharon@bccregroup.com,
KW-Austin Portfolio Real Estate (512) 901-9600
Source: Unlock MLS,MLS#: 7622703
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 1
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Built-In Oven(s), Built-In Range, Microwave, Range, Washer/Dryer
Features
- Quartz Counters, Walk-In Closet(s), Washer Hookup
- Flooring: Wood
- Windows: Wood Frames
Interior area
- Total interior livable area: 893 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage, Valet
- Garage spaces: 1
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: None
- Exterior features: Balcony
- Pool features: None
- 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
- Size: 74 Square Feet
- Features: Views
Details
- Additional structures: None
- Parcel number: 02030329660000
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Foundation: Slab
- Roof: Metal
Condition
- Resale
- New construction: No
- Year built: 2021
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Internet-Cable
Community & HOA
Community
- Features: See Remarks
- Subdivision: Natiivo
HOA
- Has HOA: Yes
- Services included: Common Area Maintenance
- HOA fee: $817 monthly
- HOA name: 48 East
Location
- Region: Austin
Financial & listing details
- Price per square foot: $761/sqft
- Tax assessed value: $772,971
- Annual tax amount: $15,818
- Date on market: 4/15/2026
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
Estimated market value
$660,200
$627,000 - $693,000
$3,704/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/27/2026 | Price change | $679,900-2.9%$761/sqft |
Source: | ||
| 4/15/2026 | Listed for sale | $699,900+0.4%$784/sqft |
Source: | ||
| 3/17/2022 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 5/14/2021 | Listing removed | -- |
Source: | ||
| 4/27/2021 | Listed for sale | $697,000$781/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $15,819 -5.7% | $772,971 -8.7% |
| 2024 | $16,773 +0.1% | $846,349 -8.6% |
| 2023 | $16,757 +435.4% | $926,175 +484.4% |
| 2022 | $3,130 | $158,472 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Downtown
Nearby schools
Schools provided by the listing agent
- Elementary: Mathews
- Middle: O Henry
- High: Austin
- District: Austin ISD
Source: Unlock MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







