For Sale Condo MLS# ACT9961873

48 East Ave #2605

Austin, TX 78701

$495,000

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About 48 East Ave #2605

*Free 1 point rate buy down - low 6% interest rate - details attached to MLS* Experience modern urban living within the vibrant, culture-rich energy of the historic Rainey Street District. Perched high above the city in a premier 33-story high-rise tower, this sophisticated residence captures sweeping, unobstructed skyline vistas through dramatic floor-to-ceiling glass. Industrial chic design meets contemporary luxury, featuring soaring exposed concrete ceilings and warm wide-plank wood flooring throughout the seamless, light-filled layout. The chef-inspired kitchen boasts sleek, dark flat-panel cabinetry paired with open floating timber shelving, stylish terrazzo-tiled backsplashes, streamlined quartz counters, and premium integrated stainless-steel appliances. Adjacent, a clever built-in dining banquette maximizes spatial flow, leading to a dedicated laundry space equipped with a stacked front-loading washer and dryer. Relax in the airy living space or retreat to the tranquil primary suite framed by panoramic window walls. The spa-like primary bath showcases dark terrazzo-style tile walls, a floating dual vessel sink vanity with sleek matte black hardware, and an expansive walk-in frameless glass shower. Offering ideal versatility for both savvy investors and end-users, this turn-key residence currently operates as a successful short-term rental with established revenue stream potential. Incoming owners enjoy flexible options, whether continuing to capitalize on nightly guest stays, placing a long-term tenant, or moving in to enjoy the high-rise lifestyle firsthand. Resort-style amenities elevate daily life, including a rooftop pool deck with an outdoor fireplace and lounge, a 33rd-floor clubroom, state-of-the-art fitness center with a Peloton studio, yoga space, dog park, pet-washing station, bike storage, and lobby coffee bar—all steps from Lady Bird Lake and the Ann and Roy Butler Hike-and-Bike Trail. For more info, go to: https://wkf.ms/42uD2XF

Property details

Property

Type
Condominium
MLS type
Residential
Status
Active
Year built
2021
Stories
One
Living area
706 sqft
Price / sqft
$701
Lot
0.0014 AC / 60 SF
Full baths
1
Original price
$495,000
MLS #
9961873

Interior

Features
Built-in Features, Stone Counters, Double Vanity, Open Floorplan, Recessed Lighting, Walk-In Closet(s)
Appliances
Built-In Oven(s), Cooktop, Dishwasher, Oven, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer Stacked
Flooring
Tile, Wood
Heating
Electric
Cooling
Central Air
Laundry
Inside,Laundry Closet
Windows
Blinds, Drapes

Exterior & lot

Roof
Concrete
Foundation
Slab
View
City, City Lights, Neighborhood, Skyline, Trees/Woods, Water
Parking
Garage
Garage spaces
1

Schools

District
Austin ISD
Elementary
Mathews
Middle
O Henry
High
Austin

Utilities

Utilities
Electricity Connected, Sewer Connected, Water Connected
Water
Public
Sewer
Public Sewer
Security
Smoke Detector(s)

Financial

HOA
Yes
Annual tax
$9,307
Tax year
2026
Parcel
02030329780000
Legal
48 EAST CONDOMINIUMS UNT 2605 0.3311%INT IN COMMON AREA
Special conditions
Standard

Location

Subdivision
48 East Condos
County
Travis
Directions
From North Austin, take US-183 S and I-35 S to S IH 35 Frontage Rd. Take exit 234A toward Cesar Chavez St/HollySt. Continue on S IH 35 Frontage Rd. and 48 E Ave. will be on your Right. From South Austin, take TX-1 Loop N. Take the exit toward 5th St/Lake Austin Blvd/Cesar Chavez St. Keep right at the fork, follow signs for West Cesar ChavezSt. Continue on W Cesar Chavez St. Turn right onto S IH 35 Frontage Rd. Keep right to continue on East Ave.

Location

Neighborhood
48 East Condos

Ask about this property

Questions on 48 East Ave #2605, or want to see it in person?

Listed by Lindsay Neuren, Compass RE Texas, LLC

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.