48 East Ave # 3005, Austin TX 78701
- $519,900
Overview
- Condominium
- 1
- 1
- 706
- 2021
- 0.0014
Description
30th-floor, east-facing condo in the heart of downtown Austin’s Rainey Street District — fully licensed and operating as a successful short-term rental. An ideal lock-and-leave second home with the flexibility to generate income when you're away.
In 2025, the unit achieved 291 nights booked (approximately 80% occupancy), demonstrating strong, consistent demand in one of Austin’s most vibrant neighborhoods.
Expansive windows frame stunning sunrise views of the city skyline and Lady Bird Lake, filling the open-concept layout with natural light. High ceilings, recessed lighting, crisp white walls, and warm luxury vinyl plank flooring create a clean, modern aesthetic.
The kitchen features stainless steel appliances, open shelving, and generous cabinet storage. The spacious primary suite captures panoramic city and lake views and includes a spa-inspired ensuite bath with dual vanities and an oversized walk-in shower. Ample closets and storage enhance everyday comfort and functionality.
Residents enjoy resort-style amenities including a rooftop pool with skyline views, state-of-the-art fitness center, game room, dog park, and lobby coffee shop. Valet parking is complimentary for owners with a parking pass, adding convenience and ease for both personal use and guests.
Walk to Rainey Street’s top restaurants, live music, and nightlife, plus direct access to Lady Bird Lake hike-and-bike trails and kayak rentals. Minutes to UT, the Capitol, metro rail, and Austin-Bergstrom International Airport.
Experience elevated downtown living with flexibility, convenience, and iconic Austin energy right outside your door.
360° Virtual Tour
Interior Features
Living Area
706
Price per Sqft
736.4
Levels
One
Living Room
1
Flooring
Wood
Dining Rooms
1
Main Level Bedrooms
1
Bedrooms
1
Full Bathrooms
1
Half Bathrooms
0
Total Bathrooms
1
Fireplace
0
Laundry Location
In Unit, Inside, Main Level
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Patio And Porch Features
None
Window Features
Blinds
Interior Features
Built-in Features, High Ceilings, Corain Counters, Double Vanity, Electric Dryer Hookup, Primary Bedroom on Main, Walk-In Closet(s)
Appliances
Cooktop, Dishwasher, Disposal, Dryer, Electric Cooktop, Oven, Electric Oven, RNGHD, Refrigerator, Free-Standing Refrigerator, Washer, Washer/Dryer, Washer/Dryer Stacked
Utilities
Utilities
Cable Connected, Electricity Connected, Internet-Fiber, Water Connected
Exterior Features
Roof
Flat Tile
Waterfront
No
Property Condition
Resale
Foundation Details
Slab
View
No
Fencing
None
Water Source
Public
Other Structures
None
Spa Features
Parking Features
See Remarks
Pool
No
Lot Size
0.00 Acres
Sewer
Public Sewer
Exterior Features
Barbecue, Electric Car Plug-in
School Information
Elementary School
Mathews
Middle School
O Henry
High School
Austin
Other Property Details
MLSⓇ ID
9561075
MLS Board
Unlock MLS
Direction Faces
SE
Community Features
Business Center, Clubhouse, Cluster Mailbox, Common Grounds, Concierge, Covered Parking, Dog Park, Fitness Center, Game Room, Garage Parking, High Speed Internet, Lock and Leave, Maintenance On-Site, On-Site Retail, Pool, Property Manager On-Site, Spa/Hot Tub
Accessibility Features
Accessible Elevator Installed
Lot Features
None
FEMA Flood Plain
No
TAX Details*
Annual Tax Amount
$9,350.08
Estimated Taxes
$9,350.00
HOA Details
HOA Name
48 East
HOA Fees
$605.00
HOA Fee Frequency
Monthly
Listing Details
Data Source
Unlock MLS
List Agent MLS ID
9005819
List Agent Name
Aaron Farmer
Listing Broker
Rudder Realty, Inc.
Contractual Search Date / Listed
2026-02-16
Other Details
Pets Allowed
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Contact me
- Amit Shanghvi
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- Amit Shanghvi
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