48 EAST AVE #3005

Austin, 78701
Updated May 20, 2026 • On market 176 days
$519,900
$736/sq ft
1 Beds
1 Full Bath
706 Sq Ft
2021 Built
176 Days on Market

About This Property

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.

Property Details

Interior

  • Bedrooms 1
  • Full Baths 1
  • Half Baths 0
  • Living Area 706 Sq Ft

Property

  • Year Built 2021
  • Property Type Residential
  • Sub Type Condominium
Listed by Rudder Realty, Inc.
MLS# 9561075

Neighborhood

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