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Austin · 48 East Condominiums

$503,999 76 days on market

Reduced from $515,000 · −2.1%

48 East Ave #2005, Austin, TX 78701

  • 1bedrooms
  • 1bathrooms
  • 706sqft
  • 0.00acres
  • 2021year built

About this home

Turn-Key Rainey Street Investment! Fully furnished and currently operating as a successful Airbnb, this 1 bedroom, 1 bathroom condo means having the Lady Bird Lake hike-and-bike trail and Austin’s most famous nightlife corridor right outside your front door. The main living area has floor-to-ceiling windows framing wide views of the eastern skyline, making the space feel expansive. High ceilings and hardwood flooring run throughout, connecting the different zones of the home. In the kitchen, you will find flat-panel cabinetry paired with a speckled terrazzo-style backsplash and white quartz counters. This cooking space is equipped with integrated Bosch appliances, including a smooth-top range and a French-door refrigerator that blends into the cabinetry. A small dining nook with a built-in bench is tucked just off the kitchen, creating a dedicated spot for meals. Moving into the bedroom, the large windows continue, offering a private look at the city from the king-sized bed. The en-suite bathroom features a double vanity with matte black hardware and a deep charcoal-tiled wall that stretches to the ceiling. Beyond the unit, the building provides a rooftop pool with private cabanas, a professional-grade fitness center with TRX trainers, and a residents’ lounge. Located in the Rainey Street District, this condo is located less than a mile from the Austin Convention Center and the central business district. You are a short walk from Emmer & Rye and the Mexican American Cultural Center and ABIA is roughly ten miles away. This location puts you within reach of the best parks and dining in the Rainey Street District while maintaining a quick connection to the rest of Austin.

Property

Type
Condominium
Levels
One
Year built
2021
Lot size
0.00 acres
Subdivision
48 East Condominiums
MLS #
ACT9421327

Inside

Bedrooms
1
Bathrooms
1
Living area
706 sqft

Schools

Elementary
Mathews
High school
Austin
District
Austin ISD

Costs

HOA
$605 / monthly
Est. annual taxes
$11,652 (2025)

Listing

First listed
May 11, 2026
Days listed
76
Original price
$515,000
Status
Active

Listed by Lourde-Quincy Vasser, eXp Realty, LLC · [email protected] · MLS# ACT9421327 · Active

Estimate your monthly payment

Loan

Down payment
%
0%10%20%30%40%50%
Loan term
Interest rate (%)
3%5%7%9%

Yearly costs

Monthly payment

$0

Total monthly

Principal & interest
$0
Property tax
$0
Insurance
$0
HOA
$0
Loan amount
$0

Estimate only. Tax / insurance defaults are typical Texas figures; your actual numbers will vary. Talk with a lender for a real quote — I can refer you to one I trust.

Where this home sits

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