48 East Ave Unit #1711, Austin, TX 78701

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.

Unit 1711 at Downtown Austin offers 1,036 square feet of intelligently designed space on the 17th floor of the Natiivo Austin tower in the Rainey Street District, priced at $799,999. This is efficient urban living that doesn't compromise on finish quality or location.

The floor plan maximizes every inch without wasted space. The open-concept living and dining area flows directly into the kitchen, eliminating hallways and dead zones that consume square footage without function. A Murphy bed provides flexible sleeping arrangements without eating into the primary bedroom's usability. Stacked washer/dryer units eliminate the need for a separate laundry room. No interior steps means the layout feels expansive despite modest square footage.

Finishes reflect the 2021 construction quality. Quartz countertops run the kitchen island and perimeter. Built-in stainless-steel appliances include refrigerator, freezer, cooktop, oven, and dishwasher. Floor-to-ceiling windows wrap the unit, flooding the space with natural light and framing views of downtown Austin and Lady Bird Lake. Concrete and glass construction provide acoustic separation from neighboring units.

Location is the trump card here. The Rainey Street District sits one block east of downtown proper, within walking distance of dozens of restaurants, bars, and shops. The building amenities include a private pool and fitness center. The 78701 ZIP code places you in the Austin Independent School District, with Mathews Elementary rated 10/10 by GreatSchools nearby. For professionals, the location offers short commutes to major employment centers across the city.

This unit comes fully furnished and is pre-approved for short-term rentals, a significant advantage for investors. The building already has established property management infrastructure in place, meaning rental operations can be outsourced completely. At $772 per square foot, you're paying for efficiency, finish quality, and prime downtown positioning. This isn't about maximizing square footage. It's about maximizing value per square foot in a location where walkability and proximity matter more than sprawl.

Downtown Austin runs from the Colorado River north to the Capitol, bounded by I-35 to the east and Lamar to the west. It is the densest residential market in Central Texas with high-rise condos, historic lofts, and luxury towers concentrated in distinct sub-districts.

The Seaholm District anchors the west end with the Seaholm Residences and the new Google tower reshaping the skyline. Rainey Street sits along the lake's north shore - what was a street of bungalow bars is now flanked by 40-story residential towers including 70 Rainey and The Lakeshore. The Warehouse District between 3rd and 6th Streets draws buyers who want walkable nightlife and restaurant access. Congress Avenue bisects downtown and remains the civic spine connecting the Capitol to the lake.

The Austonian (56 floors), The Independent (58 floors), and 360 Condominiums are the marquee towers. Newer projects like Sixth & Guadalupe and The Republic continue adding inventory. Price points range from $400K studio condos to $5M+ penthouses with lake and Hill Country views.

Walk Score averages 95+. The MetroRail Red Line stops at downtown station. Major employers including the State of Texas, UT Austin, and a growing tech presence (Google, Meta, Apple satellite offices) generate consistent housing demand. Nightlife, dining, live music, and Lady Bird Lake hike-and-bike trail are all within walking distance.

Buyers here are typically professionals, empty nesters downsizing from suburban estates, investors, and out-of-state relocations drawn to Austin's urban core. HOA fees range from $400/month in older buildings to $2,000+ in full-service towers. Most buildings include concierge, pool, fitness center, and secure parking.