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FOR SALE
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$485,000

Reduced $145K

48 East Ave #2703, Austin, TX 78701

Est. Mortgage $3,410/mo

1

beds

1

baths

641

sqft

0.00

acres

Condominium
$487/mo HOA
Built in 2021
0.00 Acre Lot
641 sqft
$757/sqft
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OVERVIEW

About this condo

Priced to sell, great unit with a view, fully furnished and ready for short-term rentals. Great income potential. This condominium residence is boasting elegant hardwood flooring, a seamless glass shower, and expansive floor-to-ceiling windows that open onto a balcony with sweeping views of Downtown Austin. Nestled within the sought-after Rainey Street Historic District, it offers convenient access to an array of dining venues, vibrant bars, the serene Lady Bird Lake, and the scenic Ann and Roy Butler Hike & Bike Trail, all within walking distance. Additionally, it is just a few minutes away from downtown Austin. Included in the sale: one-car garage parking with 24-hour valet service, internet Wi-Fi, trash utilities, and high-end appliances such as a washer, dryer, refrigerator, TV, all furniture and silverware. Furthermore, residents enjoy a wealth of five-star amenities, including a 33rd-floor rooftop swimming pool and clubhouse, 10th-floor fitness facilities (comprising a fitness center, Peloton bike studios, outdoor workout area, and yoga studio), co-working spaces, a lobby coffee bar, outdoor terrace and garden with a rooftop fireplace, 24-hour valet parking, bike storage, a dedicated dog run, and a pet washing station. With a walk score of 84 and a transit score of 60, this condominium offers both convenience and luxury living.

Listings checked every few minutes. MLS# 2347376 was Last Updated: 08-22-2026.

Listed by Christies Intl Real Estate Lone Star (512) 270-8586

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 $485K 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 $485,000. It features 1 bedroom, 1 bathroom, 641 square feet, 0.0012 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 $485,000 is 28.1% lower than the median condo price of $675K in Rainey Street Historic District. At $757/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 0.0012 acres of land, and is a condominium style condo.