48 East Ave # 3005, Austin TX 78701
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About This Property
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.
Features
- Built-in Features
- High Ceilings
- Corain Counters
- Double Vanity
- Electric Dryer Hookup
- Primary Bedroom on Main
- Walk-In Closet(s)
Location
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Schools
Property Details
Parking
HOA & Community
Tax Information
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Estimate your monthly payment (PITI)
* Estimate only. Does not include HOA fees, PMI, or other costs.
This property has HOA fees of $605/monthly.
Listing History
| Feb 16, 2026 | Listed | Listing Courtesy of Rudder Realty, Inc. - broker@ruddertx.com | $519,900 |
| Sep 30, 2025 | Off Market | ||
| Mar 21, 2025 | Listed | $565,000 |
| Dec 14, 2024 | Off Market | ||
| Apr 23, 2024 | Listed | $595,000 |
Frequently Asked Questions About 48 East Ave # 3005, Austin TX 78701
When was 48 East Ave # 3005, Austin TX 78701 built?
48 East Ave # 3005, Austin TX 78701 was built in 2021.
How much does 48 East Ave # 3005, Austin TX 78701 cost?
48 East Ave # 3005, Austin TX 78701 is listed for sale at $519,900. That is $736 per square foot.
How many bedrooms and bathrooms does 48 East Ave # 3005, Austin TX 78701 have?
48 East Ave # 3005, 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 # 3005, Austin TX 78701 in?
48 East Ave # 3005, 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 # 3005, Austin TX 78701 have an HOA?
Yes, 48 East Ave # 3005, Austin TX 78701 has an HOA fee of $605 per monthly. The HOA includes cable tv, common area maintenance, maintenance grounds, maintenance structure, parking.
What are the property taxes on 48 East Ave # 3005, Austin TX 78701?
The annual property taxes on 48 East Ave # 3005, Austin TX 78701 are $9,350 (as of 2025).
How big is the lot at 48 East Ave # 3005, Austin TX 78701?
The lot at 48 East Ave # 3005, 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 # 3005, Austin TX 78701?
48 East Ave # 3005, Austin TX 78701 is a residential property.
Does 48 East Ave # 3005, Austin TX 78701 have a garage?
Yes, 48 East Ave # 3005, Austin TX 78701 has a 1-car garage.
What subdivision is 48 East Ave # 3005, Austin TX 78701 in?
48 East Ave # 3005, Austin TX 78701 is located in the Natiivo subdivision in Austin, TX.
How long was 48 East Ave # 3005, Austin TX 78701 on the market?
48 East Ave # 3005, Austin TX 78701 was on the market for 1 days, listed on February 16, 2026.
What heating and cooling does 48 East Ave # 3005, Austin TX 78701 have?
48 East Ave # 3005, Austin TX 78701 has central heating and central air cooling.
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