48 East Ave 3005, Austin, TX 78701
- Bed
- 1
- Bath
- 1
- Sqft
- 706
- Garage
- Yes
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Overview
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.
Location
Full feature list
Basic info
- Property type
- Condo/Co-op
- Number of stories
- 1
- Number of bedrooms
- 1
- Number of bathrooms
- 1
- Square feet
- 706
- Lot size (acres)
- 0.00
- Year built
- 2021
Interior features
- Laundry
- Stacked, Electric Dryer Hookup, In Unit, Inside, Main Level
Exterior features
- Water view
- Yes
- Waterfront
- None
Garage and parking
- Garage parking spaces
- 1
Utilities
- Heating
- Central
- Cooling
- Central Air
- Sewer
- Public Sewer
- Water
- Public Water
Estimated monthly costs
- HOA Fees
- $605
Taxes
- Tax Annual Amount (2025)
- $9,350.08
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Unlock MLS (Austin Board of Realtors) MLS®#: 9561075 Last checked: …

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.