$519,900
1 bd · 1 ba · 706 sqft
48 East Ave, Austin, TX 78701
48 East Ave, Austin, TX 78701 is a 1-bedroom, 1-bathroom condominium listed at $519,900 ($736/sqft). 706 sqft. Built in 2021. Located in Rainey Street District, Austin TX. Priced 13% below the Rainey Street District median of $849/sqft. MLS #9561075. Listed by Rudder Realty, Inc..
Property Overview
This 5-year-old condo at 48 East Ave in Austin, TX 78701 is listed at $519,900. The home features 1 bedroom, 1 bathroom, 706 square feet of living space. It sits on a 60.98 sqft lot. Built in 2021. At $736/sqft, this property is priced 13% below the Rainey Street District median of $849/sqft. Located in the Rainey Street District neighborhood of Austin.
Agent 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.
Neighborhood: Rainey Street District
This property is located in Rainey Street District, Austin, TX. The area is known for Historic Bungalow Bars, Lady Bird Lake Access, Luxury High-Rises, Skyline Views, Vibrant Nightlife.
At $736/sqft, this listing is priced 13% below the Rainey Street District median of $849/sqft.
Property Details
| Property Type | Condominium |
| Year Built | 2021 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Living Area | 706 sqft |
| Lot Size | 60.98 sqft |
| Price per Sqft | $736 |
| Listed | Feb 16, 2026 |
| MLS # | 9561075 |
| Listed By | Rudder Realty, Inc. |
Listing data last updated:
Frequently Asked Questions
What is the listing price of 48 East Ave, Austin, TX 78701?
This property is listed at $519,900, which is $736 per square foot. That is 13% below the Rainey Street District area median of $849/sqft.
How many bedrooms and bathrooms does 48 East Ave, Austin, TX 78701 have?
This home has 1 bedroom and 1 bathroom, with 706 square feet of living space.
When was 48 East Ave, Austin, TX 78701 built?
This property was built in 2021, making it 5 years old.
What neighborhood is 48 East Ave, Austin, TX 78701 in?
This property is in Rainey Street District, Austin, TX. The area is known for historic bungalow bars, lady bird lake access, luxury high-rises.
How long has 48 East Ave, Austin, TX 78701 been on the market?
This listing has been on the market for 33 days.
What type of property is 48 East Ave, Austin, TX 78701?
This is a Condominium on a 60.98 sqft lot.