$496,999
1 bd · 1 ba · 706 sqft
48 East Ave #2005, Austin, TX 78701
48 East Ave #2005, Austin, TX 78701 is a 1-bedroom, 1-bathroom condominium listed at $496,999 ($704/sqft). 706 sqft. Built in 2021. Located in Rainey Street District, Austin TX. Priced 10% below the Rainey Street District median of $785/sqft. MLS #9421327. Listed by eXp Realty, LLC.
Property Overview
This 5-year-old condo at 48 East Ave #2005 in Austin, TX 78701 is listed at $496,999. 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 $704/sqft, this property is priced 10% below the Rainey Street District median of $785/sqft. Located in the Rainey Street District neighborhood of Austin. This home has been on the market for 93 days.
Agent Description
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.
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 $704/sqft, this listing is priced 10% below the Rainey Street District median of $785/sqft.
Property Details
| Property Type | Condominium |
| Year Built | 2021 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Living Area | 706 sqft |
| Lot Size | 61 sqft |
| Price / Sqft | $704 |
| Stories | One |
| Condition | Resale |
| Unit Style | Elevator, High Rise (8-13 Stories), Single level Floor Plan |
| Subdivision | 48 East Condominiums |
| County | Travis |
| MLS Area | DT |
| Listed | May 11, 2026 |
| MLS # | 9421327 |
| Listed By | eXp Realty, LLC |
Interior
| Flooring | Tile, Wood |
| Appliances | Cooktop, Dishwasher, Disposal, Electric Cooktop, Oven, Refrigerator |
| Interior Features | Ceiling Fan(s), Ceiling-High, Stone Counters, Double Vanity, Eat-in Kitchen, Open Floorplan, Primary Bedroom on Main, Recessed Lighting |
| Windows | Window Coverings |
| Laundry | In Unit, Laundry Closet |
| Main-Level Bedrooms | 1 |
Systems & Utilities
| Cooling | Central Air |
| Heating | Central |
| Utilities | Electricity Connected, Sewer Connected, Water Connected |
| Water Source | Public |
| Sewer | Public Sewer |
Exterior & Lot
| Construction | Concrete |
| Roof | Membrane |
| Foundation | Slab |
| Lot Features | City Lot, Landscaped, Views |
| View | City, Downtown, Panoramic, River, Skyline |
| Faces | East |
Parking
| Parking Features | Garage, Valet |
Community & HOA
| HOA | Yes |
| HOA Name | Nativo |
| HOA Fee | $605 / Monthly |
| Fee Includes | Common Area Maintenance, Insurance, Parking |
| Community Features | Common Grounds, Conference/Meeting Room, Controlled Access, Covered Parking, Dog Park, Fitness Center, Garage Parking, High Speed Internet, Lock and Leave, Lounge, Pool, ValetParking, Trail(s) |
| Security | Smoke Detector(s) |
Assigned Schools
| Elementary | Mathews |
| Middle | O Henry |
| High | Austin |
| District | Austin ISD |
Taxes & Legal
| Tax Year | 2025 |
| Annual Tax | $11,652 |
| Assessed Value | $569,362 |
| Parcel # | 02030329120000 |
| Legal Description | 48 EAST CONDOMINIUMS UNT 2005 0.3311%INT IN COMMON AREA |
| FEMA Flood Plain | Yes-500 yr |
| In ETJ | No |
| Disclosures | Seller Disclosure |
| Listing Conditions | Standard |
Listing data last updated:
Frequently Asked Questions
What is the listing price of 48 East Ave #2005, Austin, TX 78701?
This property is listed at $496,999, which is $704 per square foot. That is 10% below the Rainey Street District area median of $785/sqft.
How many bedrooms and bathrooms does 48 East Ave #2005, Austin, TX 78701 have?
This home has 1 bedroom and 1 bathroom, with 706 square feet of living space.
When was 48 East Ave #2005, Austin, TX 78701 built?
This property was built in 2021, making it 5 years old.
What neighborhood is 48 East Ave #2005, 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 #2005, Austin, TX 78701 been on the market?
This listing has been on the market for 93 days.
What type of property is 48 East Ave #2005, Austin, TX 78701?
This is a Condominium on a 60.98 sqft lot.