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FOR SALE
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$930,000

Reduced $20K

48 East Ave #2311, Austin, TX 78701

Est. Mortgage $6,086/mo

2

beds

2

baths

1,036

sqft

0.00

acres

Condominium
$795/mo HOA
Built in 2021
0.00 Acre Lot
1,036 sqft
$898/sqft
Request property documents
OVERVIEW

About this condo

Experience elevated urban living at its finest in this stunning 2-bedroom, 1.5-bath residence perched on the 23rd floor of Natiivo Austin, a premier luxury condo tower in the vibrant Rainey Street District. Fully approved for short-term rentals (STR), this home presents a rare opportunity for investors and lifestyle buyers alike. Spanning over 1,000 square feet, the open-concept layout features floor-to-ceiling windows that fill the living and dining spaces with natural light and showcase breathtaking downtown Austin views. Step out onto your private balcony to enjoy morning coffee or sunset cocktails overlooking the skyline. Inside, discover sleek, modern finishes, stainless-steel appliances, and two well-appointed bedrooms offering flexibility for guests or remote work. The half bath adds convenient functionality for entertaining. As a resident, you’ll enjoy access to Natiivo’s unmatched amenities — a rooftop pool deck and outdoor lounge with fireplace, clubhouse on the 33rd floor, fitness center, Peloton studio, yoga space, lobby coffee bar, dog park, pet washing station, and bike storage. Located just steps from Lady Bird Lake and the Ann & Roy Butler Hike & Bike Trail, this condo places you within walking distance of Rainey Street’s top dining, nightlife, and cultural destinations. With its unbeatable location, STR approval, and world-class amenities, 48 East Ave #2311 delivers both luxury living and exceptional income potential in the heart of downtown Austin.

Listings checked every few minutes. MLS# 8292181 was Last Updated: 06-25-2026.

Listed by Moreland Properties (512) 480-0848

Listing courtesy of Unlock MLS as distributed by MLS Grid. The information being provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but is not guaranteed accurate by MLS Grid or Unlock MLS.

More homes for sale in Rainey Street Historic District

See all homes for sale in Rainey Street Historic District

What is the Rainey Street Historic District neighborhood like?

The Rainey Street Historic District is located in the southeast corner of downtown Austin, Travis County, between Cesar Chavez Boulevard (formerly Water Street) to the north and Lady Bird Lake (the Colorado River) to the south, near Interstate 35. The district was added to the National Register of Historic Places on September 17, 1985 (Reference No. 85002302), with a period of significance spanning 1875 to 1949 and recognized areas of significance in architecture, including Bungalow/Craftsman and Gothic styles.

Explore Rainey Street Historic District

What employers are near 48 East Ave?

  • Whole Foods Market (Grocery retail (corporate headquarters))
  • Indeed (Technology)
  • State of Texas (Government)

How does this property compare to others in Rainey Street Historic District?

48 East Ave is listed at $930K vs. the $675K median in Rainey Street Historic District. The neighborhood average is $785/sqft. Homes in Rainey Street Historic District average 92 days on market.

MetricRainey Street Historic District
Median List Price$675K
Median Sold Price$634K
Average Days on Market92
Average Price per Sqft$785
Active Listings94

Market data as of September 2026.

Frequently Asked Questions

How much is 48 East Ave?

48 East Ave is listed for $930,000. It features 2 bedrooms, 2 bathrooms, 1,036 square feet, 0.002 acres. Built in 2021.

What neighborhood is 48 East Ave in?

48 East Ave is located in the Rainey Street Historic District neighborhood of Austin, Texas.

How does 48 East Ave compare to other condos in Rainey Street Historic District?

The asking price of $930,000 is 37.8% higher than the median condo price of $675K in Rainey Street Historic District. At $898/sqft, it compares to the neighborhood average of $785/sqft.

What are the details of 48 East Ave?

48 East Ave was built in 2021, and sits on 0.002 acres of land, and is a condominium style condo.