48 East Ave Unit #2903, Austin, TX 78701

Pristine 29th Floor Condo unit fully-furnished and ready to start your Short Term Rental venture! This unit has excellent balcony views of the lake and includes all appliances and furniture. Natiivo is a premium building zoned as a hotel enabling STR. You can also long-term rent or use as second home if desired! This unit has 93%+ STR occupancy rate. Highly desired and excellently managed. Natiivo is a 33-story hi-rise with easy navigation for your guests with 1 button push elevator access to clearly labeled amenities including coffee bar/library/common area on first floor, full gym with multiple private Peloton rooms, dog park, outdoor picnic areas, yoga studio with weekly classes, game room with kitchen facilities, and a rooftop pool with cabanas and outdoor fireplace. Close to all the action with breath-taking views of Lady Bird Lake, direct access to Waller Beach, Butler Hike and Bike Trail, Rainey Street entertainment, and so much more!

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.