48 East Ave 3005, Austin, TX 78701

• 1 bed |
• 1 bath |
• 706 sqft

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.

Listing Status:

Active

Data Last Updated:

February 17, 2026 at 3:19AM

Listing Office:

Rudder Realty, Inc. : (512) 899-9520

Listing Agent:

Aaron Farmer : (512) 585-9520

MLS ID:

9561075

Interior

• General: Built-in FeaturesCeiling-HighCorian CountersDouble VanityPrimary Bedroom on MainWalk-In Closet(s)
• Appliances: CooktopDishwasherDisposalDryerElectric CooktopOvenElectric OvenRNGHDRefrigeratorFree-Standing RefrigeratorWasherWasher/DryerWasher/Dryer Stacked
• Laundry: In UnitInsideMain Level
• Flooring: Wood
• A/C: Central Air
• Heating: Central
• Fireplace: Fireplaces: 0
• Eco/Green Feature: NoneNone

Exterior

• General: BarbecueElectric Car Plug-in
• Other Structures: None
• Pool: None
• Parking: See RemarksParking spaces: 1

Construction

• Roofing: Flat Tile
• Windows: Blinds
• General: OneSlab

Location

• HOA Amenities: Business CenterClubhouseCluster MailboxCommon GroundsConciergeCovered ParkingDog ParkFitness CenterGame/Rec RmGarage ParkingHigh Speed InternetLock and LeaveMaintenance On-SiteOn-Site RetailPoolProperty Manager On-SiteHot TubCable TVCommon Area MaintenanceMaintenance GroundsMaintenance StructureParking605.0Monthly
• Originating MLS: actris
• School District: Austin ISD
• County: Travis

Lot

• Zoning: 48 EAST CONDOMINIUMS UNT 3005 0.3311%INT IN COMMON AREA02030330220000
• View: DowntownPanoramic
• Fencing: None

Utilities

• Utilities: Cable ConnectedElectricity ConnectedHigh Speed InternetWater Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: actris