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ActiveMLS #9028559

48 East Ave # 1711, Austin TX 78701

Austin, TX 78701 · 48 East Condos

Condominium for sale in 48 East Condos

2Bedrooms
1 full / 1 halfBathrooms
1,036Square Ft
0.00Acres
2Garage
2021Year Built
Price Reduced
1 / 24
$765,000$799,999

Overview

Property Description

Elevate your urban lifestyle to new heights in this exceptional **fully furnished** 2-bedroom, 1.5-bath residence on the desirable 17th floor of Natiivo Austin, the premier luxury condo tower in the heart of the historic Rainey Street District. Fully approved for short-term rentals (STR), this turnkey gem comes ready to generate income or enjoy immediately—offering unparalleled flexibility for savvy investors seeking strong, hassle-free returns or discerning buyers craving sophisticated downtown living. Spanning generously over 1,000 square feet with an open, flowing layout optimized for modern living, the home boasts expansive floor-to-ceiling windows that flood the space with abundant natural light and frame captivating panoramic views of downtown Austin's dynamic skyline and Lady Bird Lake. Inside, impeccable modern finishes await: sleek quartz countertops, premium stainless-steel appliances, high-end cabinetry, and thoughtful details curated to reflect Austin's vibrant energy. The open-concept living and dining area seamlessly connects to a well-equipped kitchen, ideal for effortless entertaining or relaxed nights in. Two generously sized bedrooms provide versatile options—one as a serene primary suite, the other perfect for guests, a home office, or flex space—while the convenient half bath enhances guest flow and everyday functionality. All furnishings are included, making this a true plug-and-play opportunity. The rental process is exceptionally hands-off and easy: multiple established property management companies already handle other units in the building, specializing in short-term rentals. They manage everything from bookings and guest communication to cleaning, maintenance, and revenue optimization—allowing you to enjoy passive income potential without the day-to-day involvement. Don't miss this rare opportunity to own a piece of downtown Austin's future.

Financial Info
Price
$765,000
$ / Sqft
$738
HOA
Yes - Mandatory / $795 / Monthly
HOA Name
Natiivo Austin
HOA Includes
See Remarks
Tax Rate
1.9818%
Est. Taxes
$19,500
Tax Year
2025
Exemptions
None
Legal Info
Address
48 East Ave # 1711
County
Travis
City
Austin
State
TX
Zip
78701
Subdivision
48 East Condos
Legal Description
48 EAST CONDOMINIUMS UNT 1711 0.4852%INT IN COMMON AREA
Parcel
02030328850000
Interior Features
Floor
Tile, Wood
Num Living
1
Dining
1
Appliances
Built-In Electric Oven, Built-In Freezer, Built-In Refrigerator, Cooktop, Dishwasher, Disposal, Microwave, Washer/Dryer Stacked
Laundry
In Unit
Master Main
Yes
Interior Features
Quartz Counters, High Speed Internet, Murphy Bed, No Interior Steps, Open Floorplan, 24 Hour Security, Key Card Entry, Smoke Detector(s), See Remarks
General Info
Beds
2 Total / 2 Main Level
Full / Half Baths
1 / 1
Prop Type
Residential
Property Type
Condominium
Stories
1
Year Built
2021 / Resale
Square Feet
1,036 / Public Records
Garages
2
Garage Desc
Additional Parking, Assigned, Community Structure, Guest, Leased, Private
Foundation
Permanent
Roof
Mixed
Construction
Concrete, Glass
Acres
0.00
Lot Description
None
Restrictions
See Remarks
Flood Plain
See Remarks
View
Bridge(s), City, Downtown, Panoramic, River
Water Access
No
Waterfront
No
Area
DT
Utility Info
Water
Public
Sewer
Public Sewer
Utilities
Electricity Connected, Sewer Connected, Water Connected
Heat
Central
A C
Central Air
Exterior Features
Fence
None
Exterior Features
Balcony, Covered, Patio
Pool On Property
Yes
Area Amenities
Bike Storage/Locker, Business Center, Concierge, Covered Parking, Dog Park, Fitness Center, High Speed Internet, Maintenance On-Site, Pet Amenities, Rooftop Lounge, Sundeck, VALET

Price history

Days on market
−$34,999 (−4.4%)
$799,999 → $765,000
1
Price reduction
Active
Since Mar 9, 2026
Price trend
List priceMar 2026 → Aug 2026
Property history2 events
DateEventPriceChange
Aug 5, 2026Price Decrease$765,000−$34,999 (−4.4%)
Mar 9, 2026New Listing

Taxes

2026 Estimated Property Taxes

TCAD account 958593

Uses rates from the supplied 2026 TCAD package. The file does not identify adopted or proposed status.

2026 taxing entities, rates per $100, taxable values and estimated taxes
Taxing EntityRate per $100Taxable ValueEstimated Tax
AUSTIN COMM COLL DIST0.103400$610,000$630.74
AUSTIN ISD0.925200$610,000$5,643.72
CITY OF AUSTIN0.524017$610,000$3,196.50
TRAVIS COUNTY0.375845$610,000$2,292.65
TRAVIS COUNTY HEALTHCARE DISTRICT0.118023$610,000$719.94
Ordinary property tax estimate2.046485$12,483.55

Informational estimate, not a tax bill or taxes paid. Exemptions and tax ceilings can make taxes differ from the combined rate multiplied by one taxable value. PID assessments and other special charges are excluded; collector coverage has not been established.

Source: Travis County

General Information
Owner
PAUL FOSTER PROPERTIES LLC
Legal
48 EAST CONDOMINIUMS UNT 1711 0.4852%INT IN COMMON AREA
Geo ID
prop:958593
Acreage
0.00
Exemptions
Exemption Type
None on record
Tax Summary
MLS estimated annual taxes
$19,500
MLS tax year
2025
Historical Tax Summary

Annual taxes billed are the Tax Imposed amounts reported in the latest available Travis Tax Office statement. Exemptions and tax ceilings may prevent combined rate × taxable value from equaling the billed amount. Other collectors or assessments may not be included.

YearAppraised ValueCombined Rate per $100Annual Taxes Billed
2025$996,8262.046485$20,399.89
2024—1.981814$21,038.81
2023—1.809247$19,442.03
2022—1.974923$3,638.03

Source: Travis County

Combined rates exclude PID placeholder rates. Historical amounts reflect the statement’s snapshot and may change after later corrections; they do not describe payment status. Appraisal values come from the legacy CAD source.

Source: Travis County

Schools

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

Maps

Financing

Your preferences

  • 20% down
  • Conv/Jumbo
  • 30 years
  • 6.50% rate

Saved on this device

List price $765,000
Down payment
Stays 20% if you change the price
Note rate, not APR
From this listing’s tax record
*Estimated only (1% of price / yr)

Estimated monthly payment

$6,131 / mo

20% down · 6.50% interest · 30-year fixed

Estimated monthly payment $6,131

Principal & interest
$3,868
Property taxes
$1,625
Homeowners insurance
$638

*PITI only

These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal vs interest
1$612,000$6,840$39,579$605,160
2$605,160$7,299$39,120$597,861
3$597,861$7,787$38,632$590,074
4$590,074$8,309$38,110$581,765
5$581,765$8,865$37,554$572,899
6$572,899$9,459$36,960$563,440
7$563,440$10,093$36,326$553,347
8$553,347$10,769$35,651$542,579
9$542,579$11,490$34,929$531,089
10$531,089$12,259$34,160$518,830
  • Year 1$605,160
    Principal paid
    $6,840
    Interest paid
    $39,579
    Starting balance
    $612,000
  • Year 2$597,861
    Principal paid
    $7,299
    Interest paid
    $39,120
    Starting balance
    $605,160
  • Year 3$590,074
    Principal paid
    $7,787
    Interest paid
    $38,632
    Starting balance
    $597,861
  • Year 4$581,765
    Principal paid
    $8,309
    Interest paid
    $38,110
    Starting balance
    $590,074
  • Year 5$572,899
    Principal paid
    $8,865
    Interest paid
    $37,554
    Starting balance
    $581,765
  • Year 6$563,440
    Principal paid
    $9,459
    Interest paid
    $36,960
    Starting balance
    $572,899
  • Year 7$553,347
    Principal paid
    $10,093
    Interest paid
    $36,326
    Starting balance
    $563,440
  • Year 8$542,579
    Principal paid
    $10,769
    Interest paid
    $35,651
    Starting balance
    $553,347
  • Year 9$531,089
    Principal paid
    $11,490
    Interest paid
    $34,929
    Starting balance
    $542,579
  • Year 10$518,830
    Principal paid
    $12,259
    Interest paid
    $34,160
    Starting balance
    $531,089
First 10 of 30 years

Nearby

Courtesy of Engel & Volkers Austin · (512) 328-3939

Listings courtesy of ACTRIS as distributed by MLS GRID.