Listing Courtesy of: Dylan Haines - Compass RE Texas, LLC 512-575-3644
$1,349,000 affordable loan icon Calculate Payment

48 East Ave Unit 2210 Austin, TX 78701

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Condo Residence
2 Beds
2 Baths
1,277 Sq. Ft.
0.41 Acre Lot
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Last updated on 1/5/2025 9:12 PM

Listing Details

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% occup...ancy 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! Continue reading
MLS#
6292110
Property Type
Condo
Bedrooms
2
Bathrooms
2 Full
Year Built
2021
HOA Fee
$971 Monthly
Square Feet
1,277 sq. ft
Lot Size
0.41
Stories
1.0
Sewer
Public Sewer
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Listing Courtesy of: Dylan Haines - Compass RE Texas, LLC 512-575-3644
Andrea D. Conner, License 521381, Xome Inc., License 9002330, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


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