48 East Ave 3005, Austin, TX

$495,000

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1

Bed

1

Bath

706

Square feet

About 48 East Ave 3005

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.

Features of 48 East Ave 3005

MLS® # 9561075
Price $495,000
Bedrooms 1
Bathrooms 1.00
Full Baths 1
Square Footage 706
Acres 0.00
Year Built 2021
Type Residential
Sub-Type Condominium
Status Active Under Contract
Has Pool No

Water Feature/View

View City,Panoramic
Is Waterfront No

Community Information: Austin

Address 48 East Ave 3005
Area DT
Subdivision Natiivo
City Austin
County Travis
State TX
Zip Code 78701

Amenities of 48 East Ave 3005

Amenities Concierge
Utilities Cable Connected, Electricity Connected, Fiber Optic Available, Water Connected
Features Business Center, Clubhouse, Common Grounds/Area, Community Mailbox, Concierge, Dog Park, Fitness Center, Game Room, Internet Access, Maintenance On-Site, Pool, Property Manager On-Site, Shopping
Parking Covered, Electric Vehicle Charging Station(s), Guest, See Remarks
# of Garages 1

Interior of 48 East Ave 3005

Interior Wood
Appliances Cooktop, Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Free-Standing Refrigerator, Oven, Range Hood, Refrigerator, Washer, Washer/Dryer Stacked
Heating Central
Fireplace No
# of Stories 1
Stories One

Exterior of 48 East Ave 3005

Exterior Features Barbecue
Lot Description None
Roof Flat Tile
Construction Glass
Foundation Slab

School Information

District Austin ISD
Elementary Mathews
Middle O Henry
High Austin

Additional Information On 48 East Ave 3005

Days on Market 216
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 605
HOA Fees Freq. Monthly
Gated Community No

Property History

Status Changed from Active to Active Under Contract
Price Reduced from $519,900 to $495,000

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Data Provided By: Rudder Realty, Inc.(512) 899-9520. Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from September 20th, 2026 at 10:45pm CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Map to 48 East Ave 3005, Austin

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