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48 East Ave #1809, Austin, TX 78701

$775,000

2 bd · 2 ba · 982 sqft

48 East Ave #1809, Austin, TX 78701

48 East Ave #1809, Austin, TX 78701 is a 2-bedroom, 2-bathroom condominium listed at $775,000 ($789/sqft). 982 sqft. Built in 2021. Located in Rainey Street District, Austin TX. Priced near the Rainey Street District median of $785/sqft. MLS #8524390. Listed by Keller Williams Realty.

Property Overview

Positioned on the 18th floor of a luxury high-rise in the heart of Rainey Street District, this two-bedroom condo commands sweeping skyline views and direct access to the vibrancy that defines this historic neighborhood. Floor-to-ceiling windows flood the open-concept B-1 layout with natural light, framing vistas of Lady Bird Lake and downtown Austin's glittering towers. The primary suite features a spa-inspired ensuite with frameless glass shower, while the guest bedroom offers its own full bathroom with soaking tub, ensuring comfort for visitors or rental guests alike. Rich hardwood flooring anchors the sophisticated interior, and a private balcony extends the living experience beyond four walls.

This Rainey Street residence sits within steps of acclaimed restaurants, craft cocktail bars housed in restored historic bungalows, and the Ann and Roy Butler Hike-&-Bike Trail—making it equally appealing to owner-occupants and investors. The condo is STR-permitted through the HOA governing documents, with established property management infrastructure and a proven short-term rental track record already in place. A reserved garage parking spot addresses one of Austin's perennial challenges. Priced at $789 per square foot, this 982-square-foot residence aligns with area market rates while offering the lifestyle premium that Rainey Street commands in Austin TX.

Vox Real Estate Insight

The combination of STR-permitted status, professional management framework, and documented rental history positions this as a rare ready-made income opportunity in one of Austin's most desirable walkable neighborhoods. At Vox Residential, we recognize that Rainey Street's appeal extends beyond owner-occupants—savvy investors are increasingly drawn to properties where the infrastructure for hospitality income is already operational and proven.

Agent Description

STR-Permitted Community! Turnkey, fully furnished, income-producing condominium w/ a proven short-term rental history and professional property management already in place. The HOA and governing documents permit short-term rentals (STR), making this an exceptional investment opportunity that's ready to generate income from day one. Perched on the 18th floor, this luxury residence features beautiful hardwood flooring, an open-concept, B-1 floor plan, the primary suite & a guest bedroom, both w/ ensuite spa-inspired bathrooms in each w/ a frameless glass walk-in shower in primary, & bathtub in guest suite. Floor-to-ceiling windows that fill the home w/ natural light & open to a private balcony. Ideally located in the highly sought-after Rainey St Historic District, you'll enjoy walking distance to Austin's finest restaurants, entertainment, Lady Bird Lake, and the Ann and Roy Butler Hike-&-Bike Trail, while being just steps from downtown Austin. The sale includes one reserved garage parking space with 24-hour valet service, Wi-Fi, trash service, washer, dryer, refrigerator, television, and all furnishings, cookware, dishes, silverware, and housewares making this a true turnkey investment or luxury residence. Residents enjoy an impressive collection of resort-style amenities, including a spectacular 33rd-floor rooftop pool & clubhouse w/ panoramic skyline views, state-of-the-art fitness center, Peloton studio, yoga studio, outdoor fitness area, co-working spaces, lobby coffee bar, landscaped terrace w/ an outdoor fireplace, bike storage, dog park, & pet washing station. With an impressive Walk Score of 84 and Transit Score of 60, this luxury condominium offers the perfect combination of convenience, upscale living, and exceptional investment potential in one of Austin's most desirable neighborhoods. Whether you're searching for a primary residence, second home, or high-performing investment property, this rare opportunity is truly move-in & rental ready.

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 $789/sqft, this listing is priced near the Rainey Street District median of $785/sqft.

Property Details

Property TypeCondominium
Year Built2021
Bedrooms2
Bathrooms2
Living Area982 sqft
Lot Size83 sqft
Price / Sqft$789
StoriesOne
ConditionResale
Unit StyleElevator, Middle Unit, Tower (14+ Stories)
SubdivisionNatiivo
CountyTravis
MLS AreaDT
ListedJul 27, 2026
MLS #8524390
Listed ByKeller Williams Realty

Interior

FlooringWood
AppliancesConvection Oven, Dishwasher, Disposal, Electric Cooktop, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer
Interior FeaturesTwo Primary Baths, Two Primary Suties, Ceiling-High, Quartz Counters, Double Vanity, Eat-in Kitchen, High Speed Internet, Open Floorplan, Primary Bedroom on Main, Stackable W/D Connections, Walk-In Closet(s)
WindowsDrapes, Insulated Windows
LaundryIn Unit, Laundry Closet
Main-Level Bedrooms2

Systems & Utilities

CoolingCentral Air
HeatingCentral
UtilitiesElectricity Connected, Water Connected
Water SourcePublic
SewerPublic Sewer

Exterior & Lot

ConstructionConcrete, Glass, Stucco
RoofConcrete
FoundationSlab
Exterior FeaturesBalcony
Patio & PorchCovered, Patio
Lot FeaturesCity Lot, Landscaped
FacesSouth

Parking

Parking Spaces1
Garage Spaces1
Parking FeaturesGarage, Valet

Community & HOA

HOAYes
HOA NameNatiivo
HOA Fee$1,100 / Monthly
Fee IncludesElectricity, Internet, Maintenance Grounds, Security, Trash, Utilities, Water
Community FeaturesBusiness Center, Clubhouse, Garage Parking, High Speed Internet, Pet Amenities, Pool, Property Manager On-Site, ValetParking
Security24 Hour Security, Building Security, Fire Alarm, Fire Escape, Fire Sprinkler System, Secured Garage/Parking, Smoke Detector(s)

Assigned Schools

ElementaryMathews
MiddleO Henry
HighAustin
DistrictAustin ISD

Taxes & Legal

Tax Year2026
Annual Tax$15,366
Assessed Value$944,112
Parcel #02030328940000
Legal Description48 EAST CONDOMINIUMS UNT 1809 0.4537%INT IN COMMON AREA
FEMA Flood PlainNo
In ETJNo
DisclosuresSeller Disclosure
Listing ConditionsStandard

Listing data last updated:

Frequently Asked Questions

What is the listing price of 48 East Ave #1809, Austin, TX 78701?

This property is listed at $775,000, which is $789 per square foot. That is near the Rainey Street District area median of $785/sqft.

How many bedrooms and bathrooms does 48 East Ave #1809, Austin, TX 78701 have?

This home has 2 bedrooms and 2 bathrooms, with 982 square feet of living space.

When was 48 East Ave #1809, Austin, TX 78701 built?

This property was built in 2021, making it 5 years old.

What neighborhood is 48 East Ave #1809, 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 #1809, Austin, TX 78701 been on the market?

This listing has been on the market for 16 days.

What type of property is 48 East Ave #1809, Austin, TX 78701?

This is a Condominium on a 82.76 sqft lot.

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