The Natiivo Austin at 48 East Avenue is a 33-story, 248-residence tower in Austin's Rainey Street Historic District, uniquely zoned as a hotel so owners can legally short-term rent their fully furnished units.
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Johnny Ronca
SERHANT. Luxury Associate Broker
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Last updated: October 3, 2026 · By Johnny Ronca, SERHANT. Luxury Associate Broker
Key Takeaways
I'm Johnny Ronca — Serhant Texas, LLC luxury real estate · 20+ years Austin · 300+ closed transactions · $250M+ career sales · 5.0★ on Zillow (33 reviews) · TX RE License #581766. Get my Austin luxury condo buyer's guide — I'll walk you through The Natiivo Austin's hotel-zoned ownership model, floor plans, and current inventory.
The Natiivo Austin rises 33 stories at 48 East Avenue in the heart of the Rainey Street Historic District, steps from Lady Bird Lake and the Ann and Roy Butler Hike-and-Bike Trail. Completed in 2021 and developed by Austin-based Pearlstone Partners and Miami-based Newgard Development Group, with architecture by STG Design and interiors by New York's INC Architecture and Design, Natiivo introduced a new ownership model to downtown Austin.
Unlike a traditional condo tower, Natiivo is zoned as a hotel — which means owners can legally live in their unit full-time, rent it long-term, or list it on Airbnb or VRBO whenever they're not using it, all without the HOA restrictions that block short-term rental in most downtown buildings. All 248 residences sold out during construction, drawing both owner-occupants and investors to the flexibility.
Your Natiivo Austin broker
Johnny Ronca
Luxury Associate Broker, SERHANT. · 20+ years in Austin · 300+ closings · $250M+ in sales · 5.0★ across 100+ verified reviews
What clients say
“Johnny not only helped me buy a great home in Lakeway at a great price back in January of 2021 but he then helped me sell that same house for over $200K of what we purchased it for only 9 months later. Johnny helped us get an offer that was $50K over our asking price. We are extremely happy with Johnny as our "go-to" guy for anything related to real estate.”
Ryan B. · Lakeway buyer & seller
“Johnny guided us to our dream home. He understood exactly what we were looking for and he made the process flow smoothly and gracefully. I never imagined buying a house could feel so easeful! We are so grateful we had Johnny to show us just how smooth the process can be!”
Brandilyn B. · Lake Travis buyer
“I am so grateful that my family and I found Johnny! Johnny is incredibly hardworking, knowledgeable, and detail-oriented, and he TRULY cares about his clients. He worked nonstop to help us find our perfect home and we couldn’t be happier with the results of his hustle and care.”
Julie H. · Austin buyer
More verified reviews on Zillow (5.0★).
Floor plans span 447-square-foot one-bedrooms up to two-bedroom residences of 1,277 square feet and more, priced historically from about $400,000 to $1,200,000 depending on unit, floor, and view. Studios run roughly $430,000 to $480,000 with compact, north-facing layouts and 10-foot ceilings; one-bedrooms span six distinct floor plans from 447 to 1,036 square feet priced $510,000 to $845,000; and two-bedrooms run 740 to 1,277-plus square feet priced $737,000 to $983,000. Every residence comes fully furnished by INC Architecture and Design, with a $20,000 credit available to buyers who'd rather furnish it themselves. Parking occupies floors 2 through 9, with residences on floors 11 through 32.
Natiivo's amenity package is built around flexibility as much as luxury: a 33rd-floor rooftop pool deck with cabanas and skyline views, a 10th-floor terrace and garden spanning roughly 6,000 square feet, a full fitness center with Peloton bikes, a dedicated yoga studio, co-working space and a cafe lounge, a dog run with a pet-washing station, and secure bike storage. The building offers 24-hour concierge service and valet parking, with an on-site team that also manages furnished-rental turnover for owners who rent their units out.
The Natiivo Austin sits in the Rainey Street Historic District, steps from Lady Bird Lake and the Ann and Roy Butler Hike-and-Bike Trail, surrounded by Rainey Street's bungalow bars, rooftop lounges, and food trailers. Downtown's core and the Austin Convention Center are both a short walk or rideshare away.
Residents step directly into the dense strip of Rainey Street bars, rooftop lounges, and food trailers at street level, with the Lady Bird Lake hike-and-bike trail and the lake itself just a short walk away. Downtown's core, the Austin Convention Center, and the Second Street District are all a short rideshare away, and Natiivo's own co-working space and cafe lounge make it easy to work from home without leaving the building.
Short answer: Natiivo Austin condos closed at a median of $450,000 ($741.03 per square foot) across 11 MLS sales from January 1 to October 2, 2026, compared with $867,500 ($897.04 per square foot) across 13 sales in all of 2025. Median days on market went from 97 to 50, and sellers closed at 92.0% of original list price versus 92.4%. The median home that sold in 2026 was 38% smaller (1,121 to 699 sq ft), so price per square foot is the fairer comparison than the headline median. Like for like, 1-bedroom condos closed at a median $450,000 in 2026 against $515,000 in 2025, or $741.03 against $798.75 per square foot.
| Natiivo Austin | Sales | Median close | Median $/sq ft | Median days on market | Close ÷ original list |
|---|---|---|---|---|---|
| All condos · 2025 (full year) | 13 | $867,500 | $897.04 | 97 | 92.4% |
| All condos · 2026 (Jan 1–Oct 2) | 11 | $450,000 | $741.03 | 50 | 92.0% |
| Same months of 2025 (Jan 1–Oct 2) | 10 | $987,500 | $900.79 | 42 | 93.4% |
| Last 90 days (Jul 4–Oct 2, 2026) | 3 (too few for a median) | — | — | — | — |
The mix of units that sell changes from year to year, and that alone can move the overall median. This table compares the same bedroom count, year against year.
| Unit type | 2025 sales | 2025 median close | 2025 $/sq ft | 2026 sales (Jan 1–Oct 2) | 2026 median close | 2026 $/sq ft |
|---|---|---|---|---|---|---|
| Studio and 1 bedroom | 5 | $515,000 | $798.75 | 9 | $450,000 | $741.03 |
| 2 bedrooms | 8 | $1,187,500 | $937.07 | 2 | — | — |
A dash means fewer than five sales of that unit type that year, so no median is published.
Units are selling faster in 2026: a median 50 days on market against 97 in 2025. Sellers closed at 92.0% of original list price, so buyers are negotiating real discounts. MLS sales since January 2025 closed between $357,000 and $1.28 million.
Source: Unlock MLS (ACTRIS) via Matrix, pulled October 2, 2026. Closed condo sales at 48 East Avenue, ZIP 78701. 2025 = full year; 2026 = January 1 to October 2, 2026. Medians, not averages. Sales counts are not a trend on their own because 2026 is a partial year; compare against the same months of 2025. Private and off-market sales that never reached the MLS are not included. Compiled and analyzed by Johnny Ronca, Luxury Associate Broker, SERHANT. Compare every neighborhood in my Austin 2025 vs 2026 price table.
The Natiivo Austin draws a different buyer than most Rainey Street towers — investors who want a legal, turnkey Airbnb or VRBO income property with professional management already in place, out-of-town buyers who want a lock-and-leave pied-a-terre they can rent out when they're not in town, and residents who simply want to live in the middle of Rainey Street's energy with hotel-level amenities and service. It's one of the few buildings in Austin where "condo" and "investment property" are the same purchase.
I've been selling Austin luxury real estate for 20 years, and Natiivo is the building I point investor clients toward when they want real rental income without fighting an HOA over it. The hotel zoning is a genuine structural advantage — not every building in this city can offer it — and the furnished-unit, professionally managed setup means a buyer can close and start generating income almost immediately. It's also just a fun building to show: the rooftop pool and 10th-floor terrace are as good as anything on Rainey Street.
The Natiivo Austin's defining difference from 70 Rainey and 44 East is its hotel zoning — all three towers share the same Rainey Street energy, but only Natiivo lets owners run a legal short-term rental without HOA pushback. Compared to The Independent and Seaholm Residences in the quieter Seaholm District, Natiivo trades a traditional owner-occupant community for maximum flexibility and rental income potential.
"We bought at Natiivo specifically because we could rent it out on Airbnb without an HOA telling us we couldn't. Johnny walked us through exactly how the hotel zoning worked before we ever made an offer, which no other agent had explained clearly." — past Natiivo Austin buyer
“Johnny did an incredible job helping me to negotiate the price down on this house. We got tens of thousands of dollars in discounts that I would not have had without his support. He remained available to me through several months of escrow while the house was being fixed up and was incredibly helpful in identifying new contractors.”
Andrew H. · Austin buyer
Looking beyond The Natiivo Austin? My Austin pocket listings page carries the current off-market count for every area I cover, how these homes reach me before the MLS, and a short form to tell me exactly what you are looking for.
Off-market access
Ask me what is quietly for sale at Natiivo Austin
Not every home here reaches Zillow or the public MLS. Some sellers will trade privately but will not sign a listing agreement, and those homes only surface through relationships. Mine run 20 years deep — a cross-brokerage network, Austin Luxury Network access, and Johnny’s Off Market Private Luxury Listings. Some of the coolest and most coveted luxury properties in Austin only ever sell as pocket listings.
Tell me your price range and must-haves and I’ll send you what matches — today, not when it hits the market. Contact me to see which gems match your specific needs, and what I expect to come up at Natiivo Austin in the next 90 days.
More from clients
“We were so fortunate to have found Johnny Ronca 7 years ago when we bought our first home in Austin. He helped us find the right house in the right neighborhood, for the right price. He was so great we came back for his expertise when it was time to sell that first home and to help us with the purchase of our next home. Our family has definitely found our lifetime realtor.”
India G. · Repeat client, buyer & seller
“He sent us tailored options that considered all of our must-haves and was patient with us being super picky too. Once we found The One he went above and beyond to get our offer accepted within our budget — on a Saturday afternoon too! It was a really tight timeline before the holidays and before baby was born, and there’s no way we could have done it without Johnny!”
Margeaux O. · Austin buyer
“Johnny Ronca has been an invaluable asset throughout the sale of our old home and the purchase of our dream home. During the sale, Johnny facilitated a bidding war and got an all-cash offer significantly over our asking price. He helped us find and strategize our way into our new dream home and negotiated a way for us to move in prior to closing.”
Buyer & Seller · Austin buyer & seller
More verified reviews on Zillow (5.0★).
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Closing-Day Video Testimonial
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Josh Trent · Host of the Wellness + Wisdom podcast · Austin homebuyer
Johnny Ronca is widely regarded as a top realtor for buyers and sellers at The Natiivo Austin. He is a Luxury Associate Broker with SERHANT. with 20+ years in the Austin market, 300+ closings, $250M+ in sales and 100+ five-star reviews. Call or text Johnny at 512-797-0965.
The Natiivo Austin has 248 residences across 33 floors at 48 East Avenue in Austin's Rainey Street Historic District.
Yes — The Natiivo Austin is zoned as a hotel, which allows owners to legally rent their units short-term on platforms like Airbnb and VRBO without the HOA restrictions found in most downtown Austin condo buildings.
The Natiivo Austin was completed in 2021, developed by Pearlstone Partners and Newgard Development Group with architecture by STG Design and interiors by INC Architecture and Design.
The Natiivo Austin offers a 33rd-floor rooftop pool with cabanas, a 10th-floor terrace and garden, a fitness center with Peloton bikes, a yoga studio, co-working space, a dog run with pet-washing station, and 24-hour concierge with valet parking.
Yes — every residence comes fully furnished by INC Architecture and Design as part of the purchase. Buyers who prefer to furnish their own unit can typically take a $20,000 credit instead.
Downtown Austin Real Estate · 70 Rainey · 44 East · The Independent · Seaholm Residences · 360 Condominiums · Spring Condominiums
Johnny Ronca
SERHANT. Luxury Associate Broker · 20+ Years · 300+ Transactions · $250M+ Sales
Guides, market reports and local reporting from my blog on The Natiivo Austin and the surrounding area:
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