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Active
$495,000
1beds
706sqft

48 East Ave #2605, Austin, TX 78701

1beds
706sqft
Condominium
Built in 2021
$701/sqft
$524/mo HOA

What's special

Stylish terrazzo-tiled backsplashesDramatic floor-to-ceiling glassPremium integrated stainless-steel appliancesSweeping unobstructed skyline vistasAiry living spaceStreamlined quartz countersSleek dark flat-panel cabinetry

*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

Source: Unlock MLS,MLS#: 9961873MLS Logo
Travel times

Living Room

Kitchen

Primary Bedroom

Zillow last checked:

Listing updated:

Listed by:

Lindsay Neuren (512) 913-6987,

Compass RE Texas, LLC (512) 575-3644

Source: Unlock MLS,MLS#: 9961873MLS Logo

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

DateEventPrice
9/16/2026Listed for sale$495,000$701/sqft
Source: Unlock MLS #9961873 Report a problem

Public tax history

YearProperty taxesTax 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
Find assessor info on the county website

Monthly payment

Est. payment
$3,866/mo
Principal & interest
$2740
Property taxes
$602
HOA Fees
$524
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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®️.

Neighborhood: Downtown

Nearby schools

Mathews Elementary School
Grades PK-6 • 2 miles
10/10
GreatSchools® Rating
Test Score Rating
9/10
Student Progress Rating
10/10
O Henry Middle School
Grades 6-8 • 3 miles
6/10
GreatSchools® Rating
Test Score Rating
7/10
Student Progress Rating
5/10
Austin High School
Grades 9-12 • 2.1 miles
7/10
GreatSchools® Rating
Test Score Rating
8/10
College Readiness Rating
8/10
Student Progress Rating
6/10