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1 Bed
1 Bath
706 sqft

$495,000

48 East Ave # 3005, Austin TX, 78701

Price per sqft$701.13
Built in2021
Property size706 sqft
Property typeCondominium
Courtesy of Rudder Realty, Inc., Aaron Farmer Listing Contact: (512) 899-9520

Overview

Under contract

Active Under Contract

Listed Feb 16, 2026

Updated 5h ago

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.

$3,293/mo

Est. mortgage payment based on a $495,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
9561075

Interior Features

Bedrooms
1
Bathrooms
1
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0 Acres

Other Property Details

Taxes
$9,350
Tax Frequency
Annually
Association Fee Frequency
Monthly
View
Yes
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Listings courtesy of Austin/Central Texas Realty Information Service as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 3:07 AM UTC on 9/20/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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