48 East Ave Unit #1811, Austin, TX 78701

**$15k rate buydown available!** Welcome to the Natiivo. A unique hotel-styled highrise in the Rainey Street district complete with all the modern amenities you would expect from a luxury downtown condo PLUS the exclusive ability to rent short term. No license needed for STRs and on-site management is available to make it convenient and easy. Built in 2021, the building has 24-hour concierge service, valet parking, a resort-style rooftop pool and lounge area, a fitness center, Peloton studios, a yoga studio, conference rooms, and a conveniently located first-floor wine and coffee bar. The 2 bed, 1.5 bath unit comes fully furnished with high-end finishes throughout. Big western-facing views of Lady Bird Lake and downtown Austin complete the perfect setting.

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.