48 East Ave # 2005, Austin TX 78701

Austin, TX 78701 | 48 East Condominiums

$509,000 $721/sqft ▼ $6,000 (1.2%)
1 Beds
1 Baths 1 Full
706 Sq Ft
0.0014 Acres
2021 Built

About This Property

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.

Features

  • Ceiling Fan(s)
  • High Ceilings
  • Stone Counters
  • Double Vanity
  • Eat-in Kitchen
  • Open Floorplan
  • Primary Bedroom on Main
  • Recessed Lighting

Location

Schools

School District Austin ISD
Elementary Mathews
Middle School O Henry
High School Austin

Property Details

Property Type Residential
Flooring Tile, Wood
Cooling Central Air
Heating Central
Exterior None
County Travis
MLS # 9421327

HOA & Community

HOA Fee $605 /Monthly
HOA Includes Common Area Maintenance, Insurance, Parking

Mortgage Calculator

Estimate your monthly payment (PITI)

$
$
%
%
Est. Monthly Payment $0
Principal & Interest $0
Property Taxes $0
Home Insurance $0

* Estimate only. Does not include HOA fees, PMI, or other costs.
This property has HOA fees of $605/monthly.

Tax Information

Annual Taxes (MLS) $11,652 (2025)

Listing History

MLS# 9421327 - Updated Jul 9, 2026 46 days
Jun 26, 2026 Price Change $509,000
May 11, 2026 Listed Listing Courtesy of eXp Realty, LLC - lqvrealty@​gmail.com $515,000

Frequently Asked Questions About 48 East Ave # 2005, Austin TX 78701

When was 48 East Ave # 2005, Austin TX 78701 built?

48 East Ave # 2005, Austin TX 78701 was built in 2021.

How much does 48 East Ave # 2005, Austin TX 78701 cost?

48 East Ave # 2005, Austin TX 78701 is listed for sale at $509,000. That is $721 per square foot.

How many bedrooms and bathrooms does 48 East Ave # 2005, Austin TX 78701 have?

48 East Ave # 2005, Austin TX 78701 has 1 bedrooms and 1 bathrooms (1 full) with 706 square feet of living space.

What school district is 48 East Ave # 2005, Austin TX 78701 in?

48 East Ave # 2005, Austin TX 78701 is in the Austin ISD school district. Assigned schools include Mathews (elementary), O Henry (middle), Austin (high school).

Does 48 East Ave # 2005, Austin TX 78701 have an HOA?

Yes, 48 East Ave # 2005, Austin TX 78701 has an HOA fee of $605 per monthly. The HOA includes common area maintenance, insurance, parking.

What are the property taxes on 48 East Ave # 2005, Austin TX 78701?

The annual property taxes on 48 East Ave # 2005, Austin TX 78701 are $11,652 (as of 2025).

How big is the lot at 48 East Ave # 2005, Austin TX 78701?

The lot at 48 East Ave # 2005, Austin TX 78701 is 0.0014 acres, and the home has 706 square feet of living space.

What type of property is 48 East Ave # 2005, Austin TX 78701?

48 East Ave # 2005, Austin TX 78701 is a residential property.

What subdivision is 48 East Ave # 2005, Austin TX 78701 in?

48 East Ave # 2005, Austin TX 78701 is located in the 48 East Condominiums subdivision in Austin, TX.

How long was 48 East Ave # 2005, Austin TX 78701 on the market?

48 East Ave # 2005, Austin TX 78701 was on the market for 46 days, listed on May 11, 2026.

What heating and cooling does 48 East Ave # 2005, Austin TX 78701 have?

48 East Ave # 2005, Austin TX 78701 has central heating and central air cooling.

Similar Properties

Browse More Properties

Request Tour

Contact Agent

Interested in this property?

Get more information or schedule a tour

By submitting this form, you consent to receive communications from Neuhaus Realty Group via phone, email, or text regarding your property inquiry. You may opt out at any time. Your information will not be shared. See our Privacy Policy.