2 bed, 1 bath, 1,036 sqft on 0.00 acres in Downtown Austin. Austin, TX 78701. $949,000. Austin ISD.
*Free 1 point rate buy down - low 6% interest rate - details attached to MLS* Set against the vibrant backdrop of Austin’s famed Rainey Street Historic District, this modern high-rise sanctuary at Natiivo Austin seamlessly blends urban excitement with waterfront tranquility. Perfect for savvy investors or discerning owner-occupants, this unit is currently operating as a high-performing short-term rental—offering flexible utility to maintain an income-generating asset, secure a long-term tenant, or move right into a turnkey primary residence. Inside, the open single-story layout is anchored by soaring 10-foot exposed concrete ceilings and warm wood flooring. A sweeping wall of floor-to-ceiling glass floods the living space with natural light while framing panoramic, uninterrupted views of Lady Bird Lake and the Austin skyline. Step out onto the private balcony to take in the water vistas and fresh air. The gourmet kitchen boasts sleek quartz countertops, a stone terrazzo tile backsplash, open shelving, integrated dark European-style cabinetry, and high-end stainless steel appliances including a flush cooktop. Both bedrooms offer relaxed proportions, headlined by a impressive primary suite complete with a walk-in closet. The primary bath exudes spa-like elegance, showcasing dark terrazzo accent walls, vessel sinks, smooth wood-framed mirrors, matte black fixtures, and a glass walk-in shower. Natiivo provides a resort-style lifestyle right outside your door. Take the elevator straight down to step onto the Ann and Roy Butler Hike-and-Bike Trail within minutes, or stroll over to Rainey Street’s premier cocktail lounges and eateries. Premium building amenities elevate daily living, featuring a rooftop swimming pool deck complete with private cabanas, a state-of-the-art fitness center with dedicated Peloton studios, and 24-hour valet service. For more info, go to: https://wkf.ms/3VcpKi5
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.
School District: Austin ISD
View Downtown Austin neighborhood guideVerified property facts
48 East Ave Unit #2911 is listed at $949,000 with 2 bedrooms, 1 full, 1 half bathrooms, 1,036 square feet, 0.00-acre lot. This places it above the ZIP 78701 single-family, condominium, and townhouse closed-sale median price of $635,625 (ZIP 78701 geography · single-family, condominium, and townhouse closed sales · median sale price · trailing 12 months as of Oct 15, 2026).
48 East Ave Unit #2911 is zoned for Austin ISD with assigned schools: Mathews (elementary), O Henry (middle), Austin (high). School assignments should be verified directly with the district.
48 East Ave Unit #2911 is a Residential built in 2021 featuring 2 bedrooms, 1 full, 1 half bathrooms, 1,036 square feet, 0.00-acre lot.
This page does not assume a mortgage rate or publish a monthly payment for 48 East Ave Unit #2911. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.
25+ years advising buyers and sellers in this community
Listing information last updated October 7, 2026.
Listed by Compass RE Texas, LLC
MLS# 3089706 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
2 records on file
Every recorded listing, sale, and lease at 48 East Ave Unit #2911, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listed with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-12.7% | — | $744,124 | $59,917 | — |
2024+356.3% | — | $852,000 | $59,917 | $728,183 |
2023 | — | $186,732 | $59,917 | $1,015,494 |

Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
Excluded from this estimate: property taxes and home insurance. Each requires verified amount, cadence or unit, source, and as-of details.
HOA source: MLS Grid / Unlock MLS, as of 2026-10-15T07:07:04.216+00:00; normalized from monthly dues.
20% ($190K)
Adjustable assumption - not a lending recommendation.
$949,000
Luxury property intelligence
A sourced read on Downtown Austin pricing, timing, and property scale. No automated valuation claim.
List price
$949,000
Price per sqft
$916/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
15 days
Original to current
No verified reduction
$949K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
As of Oct 15, 2026, 48 East Ave Unit #2911 is offered at $949,000. The current MLS snapshot shows 211 active listings in 78701. Keenan Group has completed 12 verified transactions in 78701 within its 1,000+ completed transactions and $1B+ career volume across Austin. See Keenan Group's Downtown Austin guide for current neighborhood analysis.
48 East Ave Unit #2911 was built in 2021, making it 5 years old with relatively recent construction.
The MLS listing reports HOA or association dues of $898 monthly for 48 East Ave Unit #2911. It does not establish included amenities, services, rules, reserves, or current assessments; verify those items in current association documents.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Downtown Austin is one of Austin's established neighborhoods, zoned for Austin ISD in the 78701 area. The Keenan Group has specialized in Downtown Austin real estate for 25+ years with 1,000+ career transactions. Contact (512) 415-7653 for current market conditions and available homes.
Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)
Homes sold by Keenan Group.
7 events on record
Current Price
$949,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-12.7% | — | $744,124 | $59,917 | — |
2024+356.3% | — | $852,000 | $59,917 | $728,183 |
2023 | — | $186,732 | $59,917 | $1,015,494 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
| Address | Offered At |
|---|---|
| 1812 West Ave Unit #202 | $650K |
| 40 N Interstate 35 Unit #8B2 | $475K |
| 40 N Interstate 35 #5C3 | $500K |
| 555 East 5th ST Unit #2809 | $795K |
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Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
Neighborhood guide and local insights
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.
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