48 East Avenue, Unit 2210
Compass Coming Soon
Compass Coming Soon
Description
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 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 the best choice.
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 $30,000 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 Agent
![Dylan Haines]()
dylan.haines@compass.comP: (512)-633-0864
Property Details for 48 East Avenue, Unit 2210
Property Details for 48 East Avenue, Unit 2210
| Status | Coming Soon |
|---|---|
| Days on Market | - |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Condo |
| MLS Type | - |
| Year Built | - |
| Views | None |
| Architectural Style | - |
| County | Travis County |
Building Information for 48 East Avenue, Unit 2210
Property Information for 48 East Avenue, Unit 2210
- Middle Intermediate School: O Henry
- Senior High School: Austin
- Street Name: East
- Street Suffix: AVE
- City: Austin
- Zip Code: 78701
- County Or Parish: Travis
- Elementary School: Mathews
- Baths Full: 2
- Baths Half: 0
- Beds Total: 2
- Baths Total: 2.0
- Area: DT
- Subdivision Name: Natiivo Condominiums
- Waterfront: No
- Property Type: Residential
- Property Sub Type: Condominium
- Square Footage: 1277
- Unit Number: 2210
Property History for 48 East Avenue, Unit 2210
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 48 East Avenue, Unit 2210
Schools near 48 East Avenue, Unit 2210
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 6 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 3 |
Rating | School | Distance |
|---|---|---|
Mathews Elementary School PublicPK to 6 | ||
O Henry Middle School Public6 to 8 | ||
Austin High School Public9 to 12 | ||
Daep- El Public3 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2024] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.