48 East Ave 1809, Austin, TX 78701

• 2 beds |
• 2 baths |
• 982 sqft

Property Description

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.

Listing Status:

Active

Data Last Updated:

July 30, 2026 at 4:17PM

Listing Office:

Keller Williams Realty : (512) 448-4111

Listing Agent:

Clara Spriggs-Adams : (512) 589-5376

MLS ID:

8524390

Interior

• General: Two Primary BathsTwo Primary SutiesCeiling-HighQuartz CountersDouble VanityEat-in KitchenHigh Speed InternetOpen FloorplanPrimary Bedroom on MainStackable W/D ConnectionsWalk-In Closet(s)
• Appliances: Convection OvenDishwasherDisposalElectric CooktopMicrowaveRefrigeratorStainless Steel Appliance(s)Washer/Dryer
• Laundry: In UnitLaundry Closet
• Flooring: Wood
• A/C: Central Air
• Heating: Central
• Fireplace: Fireplaces: 0
• Eco/Green Feature: NoneNone

Exterior

• General: Balcony
• Other Structures: PatioCovered
• Pool: None
• Parking: GarageValetParking spaces: 1

Construction

• Roofing: Concrete
• Windows: DrapesInsulated Windows
• General: OneSlab

Location

• HOA Amenities: Business CenterClubhouseGarage ParkingHigh Speed InternetPet AmenitiesPoolProperty Manager On-SiteValetParkingElectricityInternetMaintenance GroundsSecurityTrashUtilitiesWater1100.0Monthly
• Originating MLS: actris
• School District: Austin ISD
• County: Travis

Lot

• Zoning: 48 EAST CONDOMINIUMS UNT 1809 0.4537%INT IN COMMON AREA02030328940000
• View: None
• Fencing: None

Utilities

• Utilities: Electricity ConnectedWater Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: actris