$495,000
1 bd · 1 ba · 706 sqft
48 East Ave #2605, Austin, TX 78701
48 East Ave #2605, Austin, TX 78701 is a 1-bedroom, 1-bathroom condominium listed at $495,000 ($701/sqft). 706 sqft. Built in 2021. Located in Rainey Street District, Austin TX. Priced 8% below the Rainey Street District median of $761/sqft. MLS #9961873. Listed by Compass RE Texas, LLC.
Property Overview
This 706-square-foot residence at 48 East Ave in the Rainey Street District presents an elevated urban lifestyle with unobstructed skyline views from its 26th-floor perch in a modern 33-story high-rise tower. Floor-to-ceiling glass walls flood the open-concept layout with natural light, showcasing dramatic vistas of downtown Austin and Lady Bird Lake. The industrial-contemporary aesthetic combines exposed concrete ceilings with warm wide-plank wood flooring, creating a sophisticated backdrop for sophisticated city living steps away from historic bungalow bars, trendy restaurants, and vibrant nightlife.
The chef-inspired kitchen features dark flat-panel cabinetry, floating timber shelving, terrazzo backsplash, quartz countertops, and premium stainless-steel appliances including a built-in cooktop and oven. A seamless dining banquette flows into the living area, while an in-unit stacked washer and dryer add convenience. The primary suite offers panoramic window walls framing those coveted skyline views, complemented by a spa-like bathroom with stone counters and double vanity. At $701 per square foot, this residence sits seven percent below the neighborhood median, offering exceptional value in one of Austin's most sought-after urban neighborhoods.
Vox Real Estate Insight
The Rainey Street District represents some of Austin's most walkable urban real estate, and this property's position on East Ave puts residents at the heart of that cultural renaissance with immediate access to Lady Bird Lake trails and the neighborhood's legendary dining and entertainment scene. Vox Real Estate recognizes that well-positioned high-rise inventory in Rainey Street moves quickly, especially when priced competitively like this unit, making the first-day listing and below-median pricing particularly significant for serious downtown Austin buyers.
Agent Description
*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
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 $701/sqft, this listing is priced 8% below the Rainey Street District median of $761/sqft.
Property Details
| Property Type | Condominium |
| Year Built | 2021 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Living Area | 706 sqft |
| Lot Size | 61 sqft |
| Price / Sqft | $701 |
| Stories | One |
| Condition | Resale |
| Unit Style | Tower (14+ Stories) |
| Subdivision | 48 East Condos |
| County | Travis |
| MLS Area | DT |
| Listed | Sep 16, 2026 |
| MLS # | 9961873 |
| Listed By | Compass RE Texas, LLC |
| Contact | (512) 913-6987 |
Interior
| Flooring | Tile, Wood |
| Appliances | Built-In Oven(s), Cooktop, Dishwasher, Oven, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer Stacked |
| Interior Features | Built-in Features, Stone Counters, Double Vanity, Open Floorplan, Recessed Lighting, Walk-In Closet(s) |
| Windows | Blinds, Drapes |
| Laundry | Inside, Laundry Closet |
| Main-Level Bedrooms | 1 |
| Living Areas | 1 |
| Dining Areas | 1 |
| Accessibility | Accessible Elevator Installed |
Systems & Utilities
| Cooling | Central Air |
| Heating | Electric |
| Utilities | Electricity Connected, Sewer Connected, Water Connected |
| Water Source | Public |
| Sewer | Public Sewer |
Exterior & Lot
| Construction | Concrete, Glass |
| Roof | Concrete |
| Foundation | Slab |
| View | City, City Lights, Neighborhood, Skyline, Trees/Woods, Water |
| Faces | East |
Parking
| Parking Spaces | 1 |
| Garage Spaces | 1 |
| Covered Spaces | 1 |
| Parking Features | Garage |
Community & HOA
| HOA | Yes |
| HOA Name | Nativo Austin |
| HOA Fee | $524 / Monthly |
| Fee Includes | Common Area Maintenance |
| Community Features | Bike Storage/Locker, Common Grounds, Concierge, Fitness Center, Park, Pet Amenities, Pool, Restaurant, Rooftop Lounge, Trail(s) |
| Security | Smoke Detector(s) |
Assigned Schools
| Elementary | Mathews |
| Middle | O Henry |
| High | Austin |
| District | Austin ISD |
Taxes & Legal
| Tax Year | 2026 |
| Assessed Value | $454,805 |
| Parcel # | 02030329780000 |
| Legal Description | 48 EAST CONDOMINIUMS UNT 2605 0.3311%INT IN COMMON AREA |
| FEMA Flood Plain | No |
| Disclosures | Seller Disclosure |
| Listing Conditions | Standard |
Listing data last updated:
Frequently Asked Questions
What is the listing price of 48 East Ave #2605, Austin, TX 78701?
This property is listed at $495,000, which is $701 per square foot. That is 8% below the Rainey Street District area median of $761/sqft.
How many bedrooms and bathrooms does 48 East Ave #2605, Austin, TX 78701 have?
This home has 1 bedroom and 1 bathroom, with 706 square feet of living space.
When was 48 East Ave #2605, Austin, TX 78701 built?
This property was built in 2021, making it 5 years old.
What neighborhood is 48 East Ave #2605, 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 #2605, Austin, TX 78701 been on the market?
This listing has been on the market for 21 days.
What type of property is 48 East Ave #2605, Austin, TX 78701?
This is a Condominium on a 60.98 sqft lot.