New - 5 days on Rocket
$10,000 Closing Credit¹
#7536732, Scott Malouff, Listing Office: Keller Williams Heritage
$1,349,000 List price
48 E Ave Unit 2210 Austin, TX 78701
$10,000
Closing credit¹
2 beds
2 full
1,277 sqft
0.4 acres
$1,056 / sqft
Condo
Property details
About 48 E Ave Unit 2210
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!
Highlights
Home typeCondominium
HeatingCentral
StatusAccepting Backup Offers
(Active Under Contract)
(Active Under Contract)
CoolingCentral Air
Size1,277 sqft
Lot size0.411 Acres
Year built2021
ParkingGuest, Valet
MLS #6292110
Garage1 space
WaterfrontLake Front
ViewCity Lights, City, Hills
Summary
- MLS Number: 6292110
- MLS Name: ACTRIS
- Office Name: Compass RE Texas, LLC
- Office Phone: (512) 633-0864
- Listing Agent: Dylan Haines
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.
Copyright 2025 Unlock MLS and Austin Central Texas Realty Information Services, Inc.
Listings courtesy of Unlock MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 3/4/2025, 3:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,349,000
48 E Ave Unit 2210
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
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Nearby schools
2
Sanchez Elementary School
Public District PK-5
0.2 mi
•73 San Marcos St
3
Zavala Elementary School
Public District EE-5
1.1 mi
•310 Robert T Martinez Jr St
7
Travis Heights Elementary School
Public Charter EE-5
1.1 mi
•2010 Alameda Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $51,389. Residents of Austin, TX typically earn less than $<35k each year. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
45%
<35k
16%
35k-100k
19%
100k-200k
20%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
80%
Single, No Kids
2%
Single, with Kids
16%
Married, No Kids
2%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
2%
<11 yrs old
1%
12-17 yrs old
39%
18-34 yrs old
45%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Music Concerts
Hiking/backpacking
Tennis
Where do the neighbors shop?
H&M
Bloomingdales
Crate & Barrel
Where do the neighbors go to eat?
Chipotle
Starbucks
Jack In The Box
What do the neighbors drive?
Volkswagen
Audi
BMW
What do the neighbors listen to?
Rhythmic Contemporary Hits- Alternative
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 48 E Ave Unit 2210
This home is located at 48 E Ave Unit 2210 in Austin, TX and zip code 78701 in the Downtown neighborhood. This 1,277 square foot home, which was built in 2021, sits on a 0.41 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 1, 2025 and is currently priced at $1,349,000.
Over 89 listings were sold over their listed price in February 2025 in Austin, TX. In the same period over 434 listings were sold below the listed price and 83 listings were sold for the listed price. In February 2025 in Austin, TX there were 19.1% more homes for sale than in January. In February 2025 median list price was $574,921 and the average listing age was 79 days.
From Rocket Homes Real Estate and based on county public records data.