An Investor's dream opportunity at The Natiivo, a condominium hotel in downtown Austin! One of a kind in ATX where short term rentals allowed. Turnkey and ready to go! Located in the heart of the Rainey Street area, this attractively furnished 2 bedroom/2 bath condo on the shores of Lady Bird Lake has an outstanding rental history. Open living, dining, and kitchen area separate 2 spacious bedrooms with beautiful baths. All furnishings and art convey and ready to go. Fitness center with Peloton bikes. Dog park. Minutes from the hike and bike trail and the ATX downtown scene.This property had a net revenue for 2023 of $55K! All the amenities of a hotel plus valet parking, rooftop pool, and 24 hour security. Rental history and projections available.
Property Features
Bedrooms
- Bedrooms: 2
- Bedrooms On Main Level: 2
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Interior Features
- Breakfast Bar
- High Ceilings
- Corian Counters
- High Speed Internet
- No Interior Steps
- Open Floorplan
- Recessed Lighting
- Stackable W/D Connections
- Walk-In Closet(s)
- Flooring: Tile, Wood
- Window Features: Drapes, Window Coverings
Appliances
- Built-In Refrigerator
- Convection Oven
- Cooktop
- Dishwasher
- Disposal
- Microwave
- RNGHD
- Refrigerator
- Washer/Dryer
- Laundry Features: In Unit
Heating and Cooling
- Cooling Features: Central Air
- Fireplace Features: Decorative
- Heating Features: Central
- Number of Fireplaces: 1
Garage and Parking
- Covered Spaces: 2
- Garage Spaces: 2
- Parking Features: Concrete, Gated, Off Street, Secured, Unassigned, Valet
- Parking Total: 2
Exterior and Lot Features
- Patio And Porch Features: Covered, Deck
Land Info
- Lot Size Acres: 82.76
- Lot Size Square Feet: 3605025
Home Features
- View: Lake
- Green Energy Efficient: Windows
- Security Features: 24 Hour Security, Building Security, Gated with Guard
Homeowners Association
- Association: Yes
- Association Fee: 1100
- Association Fee Frequency: Monthly
- Association Fee Includes: Common Area Maintenance, Gas, Insurance, Landscaping, Maintenance Grounds, Security, Sewer, Trash, Water
- Calculated Total Monthly Association Fees: 1100
- Association Name: Natiivo
School Information
- Elementary School: Mathews
- High School: Austin
- High School District: Austin ISD
- Middle School: O Henry
- School District: Austin ISD
Amenities and Community Features
- Community Features: Common Grounds, Covered Parking, Dog Park, Fitness Center, High Speed Internet, Lock and Leave, Lounge, Pool, ValetParking, Trail(s)
Other Property Info
- Annual Tax Amount: 17555.91999999
- Source Listing Status: Active
- County: Travis
- Directions: Caesar Chavez east to IH 35. Turn right on the frontage road and stay to the right onto East Avenue.
- Tax Year: 2024
- Restrictions: Covenant
- Source Property Type: Residential
- Area: DT
- Property Subtype: condo
- Source Neighborhood: The Natiivo
- Ownership Type: Common
- Parcel Number: 02030329490000
- Subdivision: The Natiivo
- Flood Plain: No
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 982
- Year Built: 2021
- Construction Materials: Concrete
- Direction Faces: Southwest
- Foundation Details: Slab
- Levels: One
- Living Area Source: Public Records
- Property Age: 4
- Property Condition: Resale
- House Style: Tower (14+ Stories), Single level Floor Plan, End Unit, Neighbor Above, Neighbor Below
- Total Area Sqft: 982
- Year Built Source: Public Records
Utilities
- Sewer: Public Sewer
- Electricity Connected
- High Speed Internet
- Sewer Connected
- Water Connected
- Water Source: Public
