Ed's Opinion of Value

$643,711 Ed's Estimate: $875,392 $1,022,028
Lowest Comp Recommended List: $666,000 to $676,000 Highest Comp
Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $875,392. I'd recommend coming to market at $666,000 to $676,000 to strike the right balance between value and market velocity. With 6 comparable homes on the market in 48 EAST CONDOS (NATIIVO), this price positions the property as the 2nd most expensive of 6 comparable homes on the market. The smaller floor plan (102 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.00 acre lot (smaller than the 0.08 acre average) is reflected in the estimate. With 6 similar homes currently listed in 48 EAST CONDOS (NATIIVO) (a buyer's market), competition is a factor to consider. The trend in 78701 shows prices have fallen 11.9% in the past 6 months. 70 Rainey ST # 2102, Austin TX 78701 nearby adjusts to $924,575; with a larger floor plan. Based on 4 relevant data points in 48 EAST CONDOS (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 1 Full, 1 Half
1,036 Sq Ft
0.002 Acres
2022 Built
1 Garage

About This Property

LUXURY LIVING AT THE TOP OF AUSTIN. Welcome to Natiivo, Austin’s newest highrise in the trendy Rainey Street district. Doubling as a posh downtown residence, and investment property with on-site management and 24hr concierge, Natiivo offers owners the ability to live full or part time, while making money when not in use… no STR permit required! West facing, from one of the highest levels, this 28th floor masterpiece offers unobstructed views of Ladybird Lake and sunsets over the Austin skyline, and was even selected as the site of a commercial film shoot! Newly finished, this unit has never been part of the rental program, allowing you to be the first to call this pristine residence home. Fully furnished and fully stocked, with a modern, open concept floor plan, floor-to-ceiling windows, and black-stainless appliances, the only thing you (or your STR guests) need to do is show up and bask in the elegance that is Natiivo living. Residents enjoy a 33rd floor rooftop pool with outdoor fireplace, state of the art fitness center with Peleton bikes, yoga studio, clubhouse, lounge, coffee bar, and even full amenities for your pets. The A9 Floorplan offers the ultimate in flexibility with a dedicated owners suite, with ensuite bath and frameless shower, along with a secondary bedroom or private office, with a built-in Murphy Bed and desk. All furniture, appliances (including fridge, washer, and dryer), and housewares convey. Experience for yourself all that luxury living has to offer. Revenue projections available upon request.

Features

  • Built-in Features
  • Quartz Counters
  • Electric Dryer Hookup
  • Entrance Foyer
  • Murphy Bed
  • No Interior Steps
  • Open Floorplan
  • Pantry
  • Primary Bedroom on Main
  • Stackable W/D Connections
  • Walk-In Closet(s)
  • See Remarks

Location

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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, Barbecue, CCTYD, Dog Run, See Remarks
County Travis
MLS # 2655900

Parking

Garage 1 spaces

HOA & Community

HOA Fee $794 /Monthly
HOA Includes Common Area Maintenance, Landscaping, Maintenance Grounds, Maintenance Structure, Security, Trash

Tax Information

Annual Taxes $3,676 (2022)

Listing History

MLS# 2655900 - Updated Mar 27, 2026 161 days (160 CDOM)
Mar 3, 2023 Off Market
Aug 25, 2022 Listed $1,299,999

Frequently Asked Questions About 48 East Ave # 2811, Austin TX 78701

When was 48 East Ave # 2811, Austin TX 78701 built?

48 East Ave # 2811, Austin TX 78701 was built in 2022.

How much does 48 East Ave # 2811, Austin TX 78701 cost?

48 East Ave # 2811, Austin TX 78701 sold on March 3, 2023. Contact us for sale price details.

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