48 East Ave # 2309, Austin TX 78701

Austin, TX 78701 | Natiivo

Ed's Opinion of Value

$665,217 Ed's Estimate: $847,586 $1,022,268
Lowest Comp Recommended List: $662,000 to $672,000 Highest Comp
The estimated value of this property is $847,586, based on 4 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $662,000 and $672,000. Among the similar homes currently available in NATIIVO, this price point stands out as competitive. The smaller floor plan (106 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2021, this home is 8 years newer than the average comp, which is reflected in the adjustments. Buyers in NATIIVO have 3 comparable options right now, with asking prices between $674,900 and $985,000. Recent trends in 78701 show home values have fallen 9.8% since 6 months ago. The most comparable recent sale is 300 Bowie ST # 2805, Austin TX 78703, with an adjusted value of $665,217; with a pool. Based on 4 relevant data points in NATIIVO, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX
2 Beds
2 Baths 2 Full
982 Sq Ft
0.0019 Acres
2021 Built
2 Garage

About This Property

An Investor's dream opportunity at The Natiivo, a condominium hotel in downtown Austin! One of a kind in ATX where short term rentals allowed. Turnkey and ready to go! Located in the heart of the Rainey Street area, this attractively furnished 2 bedroom/2 bath condo on the shores of Lady Bird Lake has an outstanding rental history. Open living, dining, and kitchen area separate 2 spacious bedrooms with beautiful baths. All furnishings and art convey and ready to go. Fitness center with Peloton bikes. Dog park. Minutes from the hike and bike trail and the ATX downtown scene. This property had a net revenue for 2023 of $55K! All the amenities of a hotel plus valet parking, rooftop pool, and 24 hour security. Rental history and projections available. Walk to all the favorite "hot spots" in the Rainey Street area.

Features

  • Breakfast Bar
  • High Ceilings
  • Corain Counters
  • High Speed Internet
  • No Interior Steps
  • Open Floorplan
  • Recessed Lighting
  • Stackable W/D Connections
  • Walk-In Closet(s)

Location

Schools

School District Austin ISD
Elementary Mathews
Middle School O Henry
High School Austin

Property Details

Property Type Residential
Flooring Tile, Wood
Cooling Central Air
Heating Central
Exterior Balcony
County Travis
MLS # 4499607

Parking

Garage 2 spaces

HOA & Community

HOA Fee $1,100 /Monthly
HOA Includes Common Area Maintenance, Gas, Insurance, Landscaping, Maintenance Grounds, Security, Sewer, Trash, Water

Tax Information

Annual Taxes $17,556 (2024)

Listing History

MLS# 4499607 - Updated Apr 2, 2026 2 days
May 21, 2025 Off Market
Apr 30, 2025 Listed $825,000

Frequently Asked Questions About 48 East Ave # 2309, Austin TX 78701

When was 48 East Ave # 2309, Austin TX 78701 built?

48 East Ave # 2309, Austin TX 78701 was built in 2021.

How much does 48 East Ave # 2309, Austin TX 78701 cost?

48 East Ave # 2309, Austin TX 78701 sold on May 21, 2025. Contact us for sale price details.

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