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48 East Ave Unit 1705, Austin, TX, 78701

1beds
1baths
749sqft
$520,000
$694price/sqft
$4,022/moest. monthly cost
$160,880/yrincome needed

About This Home

Located in the heart of downtown Austin, #1705 offers unmatched access to the city’s most exciting destinations—just steps from Rainey Street, the Lady Bird Lake Hike & Bike Trail, and a variety of renowned dining and entertainment options. This property is short-term rental friendly and easy to lease, making it an ideal choice for both investors and those seeking a flexible city lifestyle. Residents enjoy an array of resort-style amenities, including a rooftop pool with cabanas, a fully equipped fitness center with three Peloton bikes, 24-hour concierge service, valet parking, and exclusive owner privileges. Additional features include a co-working lounge, a rooftop club room with a full kitchen, a stylish coffee shop/bar in the lobby, and a dedicated 10th-floor dog park complete with a private dog wash station. Whether you're looking for a vibrant place to live or a turn-key income property, #1705 delivers luxury, convenience, and the best of Austin right at your doorstep.

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: 2022

Materials

  • Foundation: Slab
  • Roof: Concrete

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Built-In Range,Cooktop,Dishwasher,Disposal,Microwave,Oven,Refrigerator,Washer/Dryer

Bathroom

  • Features: Full Bath
  • Level: Main

Bedrooms & Bathrooms

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

Features

  • See Remarks,High Ceilings,Quartz Counters,Primary Bedroom on Main,Walk-In Closet(s)
  • Window features: Shutters
  • Flooring: Terrazzo,Tile,Wood

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 749 sqft

Kitchen

  • Features: Storage
  • Level: Main

Primary Bedroom

  • Features: None
  • Level: Main

Property

Accessibility

  • Accessibility features: Common Area,Accessible Kitchen,Accessible Kitchen Appliances,Accessible Washer/Dryer

Details

  • Parcel number: 02030328790000
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Private pool: Yes
  • Pool features: In Ground
  • Patio & porch: See Remarks
  • Exterior features: Balcony
  • Fencing: None
  • Has view: Yes
  • View description: City,City Lights,Downtown,Lake
  • Has water view: Yes
  • Water view: Lake
  • Waterfront features: None

Lot

  • Lot size: 60.98 sqft
  • Features: None

Parking

  • Parking features: Covered,Electric Vehicle Charging Station(s),Garage,Valet
  • Has garage: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailRelatively High
  • Tornado
    TornadoRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Hail
Tornado
Heat Wave
Inland Flooding

FEMA Declared Disasters Across Texas Counties

Flood
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,629$31,548
Home Insurance *$258$3,096
Property Taxes $897$10,764
Electricity $238$2,859
Total$4,022$48,264
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$137,897/yr
40% on housing$120,660/yr
45% on housing$107,253/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.4%
6.4%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$694This listing

vs Other Active Listings

Avg $/sqft

ZIP 78701$457
Travis County$334

vs Homes Sold Last Month

Median $/sqft

ZIP 78701$618
Travis County$233

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-03-19Price change$520,000
2026-01-13Price change$522,500
2025-09-10Price change$525,000
2025-07-31Price change$649,000
2025-04-04Listed for sale$695,000

For Sale by Agent

AgentCrystal Olenbush
BrokerageAustinRealEstate.com

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