48 EAST AVE #1809

Austin, 78701
Updated Sep 12, 2026 • On market 53 days
$699,000
$712/sq ft
2 Beds
2 Full Baths
982 Sq Ft
2021 Built
53 Days on Market

About This Property

STR-Permitted Community! Turnkey, fully furnished, income-producing condominium w/ a proven short-term rental history and professional property management already in place. The HOA and governing documents permit short-term rentals (STR), making this an exceptional investment opportunity that's ready to generate income from day one.Perched on the 18th floor, this luxury residence features beautiful hardwood flooring, an open-concept, B-1 floor plan, the primary suite & a guest bedroom, both w/ ensuite spa-inspired bathrooms in each w/ a frameless glass walk-in shower in primary, & bathtub in guest suite. Floor-to-ceiling windows that fill the home w/ natural light & open to a private balcony. Ideally located in the highly sought-after Rainey St Historic District, you'll enjoy walking distance to Austin's finest restaurants, entertainment, Lady Bird Lake, and the Ann and Roy Butler Hike-&-Bike Trail, while being just steps from downtown Austin.The sale includes one reserved garage parking space with 24-hour valet service, Wi-Fi, trash service, washer, dryer, refrigerator, television, and all furnishings, cookware, dishes, silverware, and housewares making this a true turnkey investment or luxury residence.Residents enjoy an impressive collection of resort-style amenities, including a spectacular 33rd-floor rooftop pool & clubhouse w/ panoramic skyline views, state-of-the-art fitness center, Peloton studio, yoga studio, outdoor fitness area, co-working spaces, lobby coffee bar, landscaped terrace w/ an outdoor fireplace, bike storage, dog park, & pet washing station.With an impressive Walk Score of 84 and Transit Score of 60, this luxury condominium offers the perfect combination of convenience, upscale living, and exceptional investment potential in one of Austin's most desirable neighborhoods. Whether you're searching for a primary residence, second home, or high-performing investment property, this rare opportunity is truly move-in & rental ready.

Property Details

Interior

  • Bedrooms 2
  • Full Baths 2
  • Half Baths 0
  • Living Area 982 Sq Ft

Property

  • Year Built 2021
  • Property Type Residential
  • Sub Type Condominium
Listed by Keller Williams Realty
MLS# 8524390

Neighborhood

See what's nearby. Tap any of the buttons below to drop color-coded markers on the map — combine as many as you like. Tap a marker for its name, rating, and address. Use the + / − on the map to zoom.

The information being provided by Unlock MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this website comes from the Internet Data Exchange (IDX) program of Unlock MLS. Real estate listings held by brokerage firms other than Adam Timothy Group at Compass are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by Unlock MLS. All information should be independently reviewed and verified for accuracy. Some IDX listings may have been excluded from this website. Data last updated: Sep 12, 2026 11:46 PM GMT+0000.
Alejandro Your ATG AI assistant
My Favorites 0