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$519,900 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 48 East Ave #3005
General
- Price: $519,900
- HOA FEE: $605/month
- Taxes: $9,350 (2025)
- Status: Active
- Type: Condo
- Source: Austin_MLS
- MLS ID: 9561075
- Updated: 2/16/2026
- Added to Site: 4 day(s) ago
Interior
- Interior Features: Built-in Features, Double Vanity, High Ceilings, Main Level Primary, Solid Surface Counters, Walk-In Closet(s), High Speed Internet
- Appliances: Cooktop, Dryer, Washer/Dryer Stacked, Dishwasher, Electric Cooktop, Electric Oven, Free-Standing Refrigerator, Disposal, Oven, Refrigerator, Range Hood, Washer
- Flooring: Wood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
- Bedrooms Main: 1
Other Rooms
- Laundry: Inside, Main Level, In Unit, Electric Dryer Hookup, Stacked
Additional Information
- Shared Amenities: Concierge
- Shared Pool: Yes
- Pool: Yes
- Pool Description: None, Community
- Spa Description: Community
- Security/Safety: Building Security, Fire Sprinkler System
Exterior
- Exterior Features: Barbecue
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Total Spaces: 1
- Parking Features: See Remarks, Covered, Electric Vehicle Charging Station(s), Guest
Location
- Area: DT
- County: Travis
- Subdivision: Natiivo
- Driving Directions: Go south on the I35 frontage road from Cesar Chavez. The when the road forks stay right. At the light turn right then left on East.
- Direction Faces: Southeast
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: 48 East
- Assoc. Fees Include: Common Area Maintenance, Cable TV, Maintenance Grounds, Maintenance Structure, Parking
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Fiber Optic Available, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Glass
- Roof: Flat Tile
- Windows: Blinds
- 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
- Lot Size (Acres): 0.0014
- Lot Size (Sq. Ft.): 60.98
- Lot Features: None
- Fencing (Description): None
Financial Considerations
- Association Fee: $605
- Assoc Fee Freq.: Monthly
- Assessment Amount: $456,885
- Tax Amount: $9,350.08
- Tax Year: 2025
- Terms: Cash, Conventional, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: See Remarks
- Legal Description: 48 EAST CONDOMINIUMS UNT 3005 0.3311%INT IN COMMON AREA
- Disclosures/Reports: Seller Disclosure
- Property ID: 2030330220000
Listed by Rudder Realty, Inc.
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Schools
Schools serving 48 East Ave #3005
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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 48 East Ave #3005
Date
Details
Price
Change
Source
2/16/2026
Listed
$519,900
—
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 #3005
Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,119
—
$456,885
-11%
2024
$10,119
308%
$510,600
-8%
2022
$2,483
—
$552,000
339%
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 #3005
48 East Avenue #3005, Austin, TX 78701 (MLS# 9561075) is a Condo property with 1 bedroom and 1 full bathroom. 48 East Avenue #3005 is currently listed for $519,900 and was received on February 16, 2026. Want to learn more about 48 East Avenue #3005? Do you have questions about finding other Condo real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.

