The Natiivo Austin
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.
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.
Key Takeaways
I'm Johnny Ronca — Compass RE 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.
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.
HOA dues at The Natiivo Austin aren't consistently published and vary with unit size and floor — because the building operates under a hotel zoning structure with furnished-rental management built in, dues here work differently than at a traditional condo tower. As one of the only buildings in downtown Austin where legal short-term rental is built into the ownership structure, Natiivo draws a distinct mix of investors and lock-and-leave owners — I pull current, unit-specific numbers from MLS before every showing rather than relying on posted ranges. Ask me for a same-day list of everything active, under contract, and recently sold in the building.
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
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
Compass Austin · 20+ Years · 300+ Transactions · $250M+ Sales
I am committed to guiding you every step of the way—whether you're buying a home, selling a property, or securing a mortgage. Whatever your needs, I've got you covered.
7415 SOUTHWEST PKWY BLDG 2 STE 200 AUSTIN TX 78620
