Betty Epperson of Epperson Realty Group - 512-630-7290
Austin Condo ManiaMLS: 6292110 $1,349,000
2 Bedrooms with 2 Baths48 EAST AVE 2210
AUSTIN TX 78701MLS: 6292110
Status: ACTIVE
List Price: $1,349,000
Price per SQFT: $1,056
Square Footage: 12772 Bedrooms
2 Baths
Year Built: 2021
Zip Code: 78701
Listing Remarks
This property offers a rare opportunity to own a premier, water-view, condo in the heart of Austin's highly sought-after Rainey Street District while also stepping into the operation of one of Natiivo's top-performing short-term rentals (STRs). In 2024, this property boasted an impressive 95% occupancy rate and generated a remarkable $120,000 in gross revenue, with projections to exceed $140,000 in 2025. Other, similar units in the Natiivo building generate anywhere from $50-$60k in annual revenue. This means this particular unit outperforms others by over 100%! It has also has garnered over 100 Airbnb reviews with an outstanding 4.94/5-star average rating. There is no question, if you are looking for a unit exclusively in this building, this is by far the best choice. Because of the proven income by this property, options for information on DSCR and/or IO loans are available upon request. The home is being sold completely turnkey, including approximately $100,000 worth of upgrades from the standard, builder-grade units and high-quality furniture and home goods purchased just a year ago. Additionally, it already has thousands in future bookings for 2025, ensuring a seamless transition for the new owner. Notable features include a state-of-the-art lighting system, upgraded countertops and island, stereo system, as well as complete furnishings. Building amenities include a pool, gym, reception, outdoor lounge, dog walk, co-working spaces, indoor lounge and kitchen, and attached coffee shop on the ground floor! Don’t miss out on this exceptional opportunity. Contact the listing agent for more information!
Address: 48 EAST AVE 2210 AUSTIN TX 78701
Listing Courtesy of COMPASS RE TEXAS, LLC
Community: NATIIVO ... Listing 1 of 15
First -- Next -- Previous -- Last
Condo Mania Agent
Betty Epperson
Epperson Realty Group
Broker/Owner
TREC # 474240
Phone: 512-630-7290
Request More Information
Listing Details
STATUS: Active SPECIAL LISTING CONDITIONS: Standard LISTING CONTRACT DATE: 2025-01-01 BEDROOMS: 2 BATHROOMS FULL: 2 BATHROOMS HALF: 0 LIVING AREA SQ FT: 1277 YEAR BUILT: 2021 HOA/MGMT CO: 48 East HOA FEES FREQUENCY: Monthly HOA FEES: $971 HOA INCLUDES: CommonAreaMaintenance, CableTv, Insurance, Internet, Parking, Trash HOA AMENITIES: Concierge APPLIANCES INCLUDED: WasherDryerStacked, Dishwasher, ElectricCooktop, Disposal, Microwave, Refrigerator, SeeRemarks, StainlessSteelAppliances, Washer CONSTRUCTION: Concrete COMMUNITY FEATURES: BarLounge, BicycleStorage, Concierge, Clubhouse, DogPark, FitnessCenter, Lake, PetAmenities, Pool, RooftopLounge, TrailsPaths EXTERIOR FEATURES: Balcony FLOORING: Terrazzo, Tile, Wood HEATING: Central INTERIOR FEATURES: HighCeilings, MainLevelPrimary, QuartzCounters, RecessedLighting, SoundSystem, SeeRemarks, SmartHome, WalkInClosets LAUNDRY FEATURES: LaundryCloset, InUnit, Stacked LEGAL DESCRIPTION: 48 EAST CONDOMINIUMS UNT 2210 0. 5971%INT IN COMMON AREA LOT FEATURES: None # GARAGE SPACES: 1 PARKING FEATURES: Guest, Valet PROPERTY TYPE: Residential PROPERTY SUB TYPE: Condominium ROOF: Concrete POOL FEATURES: None, Community DIRECTION FACES: West VIEW: CityLights, City, Hills LISTING AGENT: DYLAN HAINES LISTING OFFICE: COMPASS RE TEXAS, LLC LISTING CONTACT: (512) 633-0864
Estimated Monthly Payments
List Price: $1,349,000 20% Down Payment: $269,800 Loan Amount: $1,079,200 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $6,821 Estimate does not include taxes, fees, insurance.
Request More Information
Property Location: 48 EAST AVE 2210 AUSTIN TX 78701
This Listing
Active Listings Nearby
Condo Mania Agent
Betty Epperson
Epperson Realty Group
Broker/Owner
TREC # 474240
Phone: 512-630-7290
Search Listings
You Might Also Be Interested In...
Community: NATIIVO ... Listing 1 of 15
First -- Next -- Previous -- Last
The Fair Housing Act prohibits discrimination in housing based on color, race, religion, national origin, sex, familial status, or disability.
Based on information from the Austin Board of Realtors
Information deemed reliable but is not guaranteed. Based on information from the Austin Board of Realtors ® (Actris).
This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional service and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.
The information contained in this publication is subject to change without notice. VINTAGE NEW MEDIA, INC and ACTRIS MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. VINTAGE NEW MEDIA, INC and ACTRIS SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.
ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher.
Information Deemed Reliable But Not Guaranteed. The information being provided is for 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. This information, including square footage, while not guaranteed, has been acquired from sources believed to be reliable.
Last Updated: 2025-01-20