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$515,000
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Property Description
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.
Full Property Details
Full Property Details for 48 East Ave #2005
General
- Price: $515,000
- HOA FEE: $605/month
- Taxes: $11,651 (2025)
- Status: Active
- Type: Condo
- Source: Austin_MLS
- MLS ID: 9421327
- Updated: 5/11/2026
- Added to Site: 12 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Double Vanity, Eat-in Kitchen, High Ceilings, Main Level Primary, Open Floorplan, Stone Counters, Recessed Lighting, High Speed Internet
- Appliances: Cooktop, Dishwasher, Electric Cooktop, Disposal, Oven, Refrigerator
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
- Bedrooms Main: 1
Other Rooms
- Laundry: Laundry Closet, In Unit
Additional Information
- Shared Amenities: Bar/Lounge, Common Grounds/Area, Conference/Meeting Room, Dog Park, Fitness Center, Internet Access, Pool, Trails/Paths
- Shared Pool: Yes
- Pool: Yes
- Pool Description: None, Community
- Security/Safety: Smoke Detector(s), Controlled Access
Exterior
- Exterior Features: None
Parking
- Parking Features: Garage, Covered, Guest, Valet
Location
- Area: DT
- County: Travis
- Subdivision: 48 East Condominiums
- Driving Directions: From Mopac, take exit towards Cesar Chavez. Turn Right onto. S I-H35 Frontage Rd. Drive toward East Ave. Building is on the right. From S I-H35, take exit 234A toward Cesar Chavez St/Holly St. Merge onto S I-35 Frontage Rd. Turn right onto River St., then left onto East Ave. Building will be on the right. Natiivo Austin.
- Direction Faces: East
School Information
- Elem School District: Austin ISD
- Midd School District: Austin ISD
- High School District: Austin ISD
- Elementary School: Mathews
- Middle School: O Henry
- High School: Austin
Community
- Association: Yes
- Assoc. Name: Nativo
- Assoc. Fees Include: Common Area Maintenance, Insurance, Parking
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Concrete
- Roof: Membrane
- Windows: Window Coverings
- Stories/Levels: 1
- Square Feet: 706
- Sq. Ft. Source: Public Records
- Living Area: 706 Sq. Ft.
- Year Built: 2021
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: None
Lot Features
- Property View: City, Panoramic, River
- Lot Size (Acres): 0.0014
- Lot Size (Sq. Ft.): 60.98
- Lot Features: City Lot, Landscaped, Views
- Fencing (Description): None
Water Features
- Water View: Yes
Financial Considerations
- Association Fee: $605
- Assoc Fee Freq.: Monthly
- Assessment Amount: $569,362
- Tax Amount: $11,651.91
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: 48 EAST CONDOMINIUMS UNT 2005 0.3311%INT IN COMMON AREA
- Disclosures/Reports: Seller Disclosure
- Property ID: 2030329120000
- Lot Number: 2005
Listed by eXp Realty, LLC
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Schools
Schools serving 48 East Ave #2005
School District:Austin Independent School District
| Name | Grades | Distance |
|---|---|---|
Mathews Elementary School 906 West Lynn Street, Austin, TX 78703 | PK-6 | 2 mi |
O Henry Middle School 2610 West 10th Street, Austin, TX 78703 | 6-8 | 2.9 mi |
Austin High School, Austin, TX 1715 West Cesar Chavez Street, Austin, TX 78703 | 9-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 48 East Ave #2005
Date
Details
Price
Change
Source
5/11/2026
Listed
$515,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 48 East Ave #2005
Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,652
-8%
$569,362
-11%
2024
$12,610
408%
$636,301
-8%
2022
$2,483
—
$687,893
447%
2022
$2,483
—
$125,709
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 48 East Ave #2005
48 East Avenue #2005, Austin, TX 78701 (MLS# 9421327) is a Condo property with 1 bedroom and 1 full bathroom. 48 East Avenue #2005 is currently listed for $515,000 and was received on May 11, 2026. Want to learn more about 48 East Avenue #2005? Do you have questions about finding other Condo real estate for sale in Central Austin? You can browse all Central Austin real estate or contact a Coldwell Banker agent to request more information.

