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FOR SALE
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$479,999

Reduced $35K

48 East Ave #2005, Austin, TX 78701

Est. Mortgage $NaN/mo

1

beds

1

baths

706

sqft

0.00

acres

Condominium
$604.69/mo HOA
Built in 2021
0.00 Acre Lot
706 sqft
$680/sqft
Request property documents
OVERVIEW

About this condo

Turn-Key Rainey Street Investment! Fully furnished and currently operating as a successful Airbnb, this 1 bedroom, 1 bathroom condo means having the Lady Bird Lake hike-and-bike trail and Austin’s most famous nightlife corridor right outside your front door. The main living area has floor-to-ceiling windows framing wide views of the eastern skyline, making the space feel expansive. High ceilings and hardwood flooring run throughout, connecting the different zones of the home. In the kitchen, you will find flat-panel cabinetry paired with a speckled terrazzo-style backsplash and white quartz counters. This cooking space is equipped with integrated Bosch appliances, including a smooth-top range and a French-door refrigerator that blends into the cabinetry. A small dining nook with a built-in bench is tucked just off the kitchen, creating a dedicated spot for meals. Moving into the bedroom, the large windows continue, offering a private look at the city from the king-sized bed. The en-suite bathroom features a double vanity with matte black hardware and a deep charcoal-tiled wall that stretches to the ceiling. Beyond the unit, the building provides a rooftop pool with private cabanas, a professional-grade fitness center with TRX trainers, and a residents' lounge. Located in the Rainey Street District, this condo is located less than a mile from the Austin Convention Center and the central business district. You are a short walk from Emmer & Rye and the Mexican American Cultural Center and ABIA is roughly ten miles away. This location puts you within reach of the best parks and dining in the Rainey Street District while maintaining a quick connection to the rest of Austin.

Listings checked every few minutes. MLS# 9421327 was Last Updated: 09-24-2026.

Listed by eXp Realty, LLC (888) 519-7431

Listing courtesy of Unlock MLS as distributed by MLS Grid. The information being provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but is not guaranteed accurate by MLS Grid or Unlock MLS.

More homes for sale in Rainey Street Historic District

See all homes for sale in Rainey Street Historic District

What is the Rainey Street Historic District neighborhood like?

The Rainey Street Historic District is located in the southeast corner of downtown Austin, Travis County, between Cesar Chavez Boulevard (formerly Water Street) to the north and Lady Bird Lake (the Colorado River) to the south, near Interstate 35. The district was added to the National Register of Historic Places on September 17, 1985 (Reference No. 85002302), with a period of significance spanning 1875 to 1949 and recognized areas of significance in architecture, including Bungalow/Craftsman and Gothic styles.

Explore Rainey Street Historic District

What employers are near 48 East Ave?

  • Whole Foods Market (Grocery retail (corporate headquarters))
  • Indeed (Technology)
  • State of Texas (Government)

How does this property compare to others in Rainey Street Historic District?

48 East Ave is listed at $480K vs. the $675K median in Rainey Street Historic District. The neighborhood average is $785/sqft. Homes in Rainey Street Historic District average 92 days on market.

MetricRainey Street Historic District
Median List Price$675K
Median Sold Price$634K
Average Days on Market92
Average Price per Sqft$785
Active Listings94

Market data as of September 2026.

Frequently Asked Questions

How much is 48 East Ave?

48 East Ave is listed for $479,999. It features 1 bedroom, 1 bathroom, 706 square feet, 0.0014 acres. Built in 2021.

What neighborhood is 48 East Ave in?

48 East Ave is located in the Rainey Street Historic District neighborhood of Austin, Texas.

How does 48 East Ave compare to other condos in Rainey Street Historic District?

The asking price of $479,999 is 28.9% lower than the median condo price of $675K in Rainey Street Historic District. At $680/sqft, it compares to the neighborhood average of $785/sqft.

What are the details of 48 East Ave?

48 East Ave was built in 2021, and sits on 0.0014 acres of land, and is a condominium style condo.