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48 East Ave #2005, Austin, TX, 78701

1beds
1baths
706sqft
$515,000
$729price/sqft
$3,986/moest. monthly cost
$159,440/yrincome needed

About This Home

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.

Getting Around

86
WalkingVery Walkable
57
TransitGood Transit
96
BikeBiker's Paradise

Schools

10/10
Mathews Elementary SchoolGrades PK-62.0 mi
6/10
O Henry Middle SchoolGrades 6-82.9 mi
7/10
Austin High SchoolGrades 9-122.0 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 2021

Materials

  • Foundation: Slab
  • Roof: Membrane

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Cooktop,Dishwasher,Disposal,Electric Cooktop,Oven,Refrigerator

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 1

Features

  • Ceiling Fan(s),High Ceilings,Stone Counters,Double Vanity,Eat-in Kitchen,Open Floorplan,Primary Bedroom on Main,Recessed Lighting
  • Window features: Window Coverings
  • Flooring: Tile,Wood

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 706 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 02030329120000
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: None
  • Exterior features: None
  • Fencing: None
  • Has view: Yes
  • View description: City,Downtown,Panoramic,River,Skyline
  • Has water view: Yes
  • Water view: River
  • Waterfront features: None

Lot

  • Lot size: 60.98 sqft
  • Features: City Lot,Landscaped,Views

Parking

  • Parking features: Garage,Valet
  • Has garage: Yes