Veterans United Realty
32 Photos

48 East Ave 2210, Austin, TX 78701

$1,349,000 Asking Price

2 beds
2 baths
1,277  sqft
Built in 2021

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!

Listing Status:
Active
Date Added:
January 1, 2025 — 8 days ago
Listing Office:
Compass RE Texas, LLC, Dylan Haines (512-633-0864)
Office Phone:
512-633-0864
MLS ID:
6292110

Features & Amenities

Interior

General:
High Ceilings, Quartz Counters, Primary Bedroom on Main, Recessed Lighting, Smart Home, Sound System, Walk-In Closet(s), See Remarks
Appliances:
Dishwasher, Disposal, Electric Cooktop, Microwave, Refrigerator, See Remarks, Stainless Steel Appliance(s), Washer, Washer/Dryer Stacked
Laundry:
In Unit,Laundry Closet
Flooring:
Terrazzo, Tile, Wood
A/C:
Central Air
Heating:
Central
Fireplace:
Fireplaces: 0
Eco/Green Feature:
None, None

Exterior

General:
Balcony
Other Structures:
Patio
Pool:
None
Parking:
Valet, Parking spaces: 0

Construction

Roofing:
Concrete
Windows:
Window Treatments, See Remarks
General:
One, Slab

Location

HOA Amenities:
Cable TV, Common Area Maintenance, Insurance, Internet, Parking, Trash, 971.0, Monthly
Originating MLS:
actris
School District:
Austin ISD
County:
Travis

Lot

Zoning:
48 EAST CONDOMINIUMS UNT 2210 0.5971%INT IN COMMON AREA, 02030329390000
View:
City Lights, Downtown, Hill Country
Fencing:
None

Utilities

Utilities:
Electricity Available, Water Available, See Remarks
Water:
Public
Sewer:
Public Sewer

Financial

Source:
actris

This listing courtesy of:
Compass RE Texas, LLC, Dylan Haines

About Austin, TX

Housing

Number of Units
523,644
Median Home Value
$435,027
Median Rent
$1,253

52.82% of housing units are renter occupied.

7.09% are vacant.

Commute

Car
53.46%
Public Transportation
1.78%
Walk to Work
1.73%
Work from Home
41.61%
Other
0.53%

The median travel time to work is 16 minutes.

People

Population
1,163,161
Median Age
35.90
Median Household Size
2.60

Education

High School
14.31%
Associate’s Degree
5.38%
Bachelor’s Degree
34.89%
Graduate Degree
21.08%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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Veterans United Homefront

IDX Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last Updated: January 9, 2025 1:31 am.

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