48 East Ave #2605, Austin, TX 78701
What's special
*Free 1 point rate buy down - low 6% interest rate - details attached to MLS* Experience modern urban living within the vibrant, culture-rich energy of the historic Rainey Street District. Perched high above the city in a premier 33-story high-rise tower, this sophisticated residence captures sweeping, unobstructed skyline vistas through dramatic floor-to-ceiling glass. Industrial chic design meets contemporary luxury, featuring soaring exposed concrete ceilings and warm wide-plank wood flooring throughout the seamless, light-filled layout. The chef-inspired kitchen boasts sleek, dark flat-panel cabinetry paired with open floating timber shelving, stylish terrazzo-tiled backsplashes, streamlined quartz counters, and premium integrated stainless-steel appliances. Adjacent, a clever built-in dining banquette maximizes spatial flow, leading to a dedicated laundry space equipped with a stacked front-loading washer and dryer. Relax in the airy living space or retreat to the tranquil primary suite framed by panoramic window walls. The spa-like primary bath showcases dark terrazzo-style tile walls, a floating dual vessel sink vanity with sleek matte black hardware, and an expansive walk-in frameless glass shower. Offering ideal versatility for both savvy investors and end-users, this turn-key residence currently operates as a successful short-term rental with established revenue stream potential. Incoming owners enjoy flexible options, whether continuing to capitalize on nightly guest stays, placing a long-term tenant, or moving in to enjoy the high-rise lifestyle firsthand. Resort-style amenities elevate daily life, including a rooftop pool deck with an outdoor fireplace and lounge, a 33rd-floor clubroom, state-of-the-art fitness center with a Peloton studio, yoga space, dog park, pet-washing station, bike storage, and lobby coffee bar—all steps from Lady Bird Lake and the Ann and Roy Butler Hike-and-Bike Trail. For more info, go to: https://wkf.ms/42uD2XF
- 23 days
- 182
- 17
Likely to sell faster than
Travel times
Living Room
Kitchen
Primary Bedroom
Zillow last checked:
Listing updated:
Lindsay Neuren (512) 913-6987,
Compass RE Texas, LLC (512) 575-3644
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 1
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Built-In Oven(s), Cooktop, Dishwasher, Oven, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer Stacked
Features
- Built-in Features, Stone Counters, Double Vanity, Open Floorplan, Recessed Lighting, Walk-In Closet(s)
- Flooring: Tile, Wood
- Windows: Blinds, Drapes
- Fireplace features: See Remarks
Interior area
- Total interior livable area: 706 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage
- Garage spaces: 1
Accessibility
- Accessibility features: Accessible Elevator Installed
Features
- Levels: One
- Stories: 1
- Patio & porch: See Remarks
- Exterior features: See Remarks
- Pool features: None
- Fencing: None
- Has view: Yes
- View description: City, City Lights, Neighborhood, Skyline, Trees/Woods, Water
- Has water view: Yes
- Water view: Water
- Waterfront features: None
Lot
- Size: 60 Square Feet
- Features: See Remarks
Details
- Additional structures: None
- Parcel number: 02030329780000
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Foundation: Slab
- Roof: Concrete
Condition
- Resale
- New construction: No
- Year built: 2021
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Bike Storage/Locker, Common Grounds, Concierge, Fitness Center, Park, Pet Amenities, Pool, Restaurant, Rooftop Lounge
- Subdivision: 48 East Condos
HOA
- Has HOA: Yes
- Services included: Common Area Maintenance
- HOA fee: $524 monthly
- HOA name: Nativo Austin
Location
- Region: Austin
Financial & listing details
- Price per square foot: $701/sqft
- Tax assessed value: $594,625
- Annual tax amount: $12,169
- Date on market: 9/16/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 9/16/2026 | Listed for sale | $495,000$701/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,169 -2.5% | $594,625 -5.6% |
| 2024 | $12,481 -5.8% | $629,766 -14% |
| 2023 | $13,250 +433.7% | $732,354 +482.6% |
| 2022 | $2,483 | $125,709 |
Monthly payment
Estimated market value
Not available
Estimated sales range
Not available
Not available
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.