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FOR SALE
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$549,999

Reduced $99K

48 East Ave #2206, Austin, TX 78701

Est. Mortgage $NaN/mo

1

beds

1

baths

742

sqft

0.00

acres

Condominium
$625.6/mo HOA
Built in 2021
0.00 Acre Lot
742 sqft
$741/sqft
Request property documents
OVERVIEW

About this condo

Nestled in the only downtown Austin building that permits short-term rentals, this spectacular 22nd-floor condo is ideal for both personal use and investment opportunity. Boasting 10-foot ceilings and expansive floor-to-ceiling windows, the space is bathed in natural light while providing beautiful city views. The European-style kitchen showcases sleek modern cabinetry, stainless steel appliances, elegant floating shelves, and high-end fixtures. The bedroom features a luxurious king-size bed, creating an ideal sanctuary for rest. Step outside to a private balcony for a breath of fresh air. The gorgeous bathroom features a glass-enclosed shower, designer fixtures, and exquisite tiled walls in the wet area. Experience resort-style living with access to the rooftop swimming pool, offering panoramic downtown views, shaded cabanas, outdoor lounge areas, a cozy rooftop fireplace, and a vibrant clubhouse. The state-of-the-art fitness center caters to all fitness levels, with dedicated spaces for yoga, an outdoor workout area, and top-tier equipment. Downstairs, enjoy the cafe bar and lounge area near the lobby, with a full-time concierge at your service. Venture out to explore world-class dining, entertainment, and live music venues in the lively Rainey Street Historic District or unwind along the Lady Bird Lake Hike and Bike Trail, just steps away. Additional amenities include 24-hour valet parking, bike storage, co-working spaces, keyless entry, and much more.

Listings checked every few minutes. MLS# 2638841 was Last Updated: 04-27-2026.

Listed by Walzel Properties - Corporate Office (832) 674-4960

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 $550K 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 $549,999. It features 1 bedroom, 1 bathroom, 742 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 $549,999 is 18.5% lower than the median condo price of $675K in Rainey Street Historic District. At $741/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.