48 East Ave #2605, Austin TX 78701
MLS #247172590 · Compass RE Texas, LLC · Lindsay Neuren
About this home
*Free 1 point rate buy down - low 6% interest rate - details attached to MLS* Experience modern urban living within the vibrant, culture-rich energy of the historic Rainey Street District. Perched high above the city in a premier 33-story high-rise tower, this sophisticated residence captures sweeping, unobstructed skyline vistas through dramatic floor-to-ceiling glass. Industrial chic design meets contemporary luxury, featuring soaring exposed concrete ceilings and warm wide-plank wood flooring throughout the seamless, light-filled layout. The chef-inspired kitchen boasts sleek, dark flat-panel cabinetry paired with open floating timber shelving, stylish terrazzo-tiled backsplashes, streamlined quartz counters, and premium integrated stainless-steel appliances. Adjacent, a clever built-in dining banquette maximizes spatial flow, leading to a dedicated laundry space equipped with a stacked front-loading washer and dryer. Relax in the airy living space or retreat to the tranquil primary suite framed by panoramic window walls. The spa-like primary bath showcases dark terrazzo-style tile walls, a floating dual vessel sink vanity with sleek matte black hardware, and an expansive walk-in frameless glass shower. Offering ideal versatility for both savvy investors and end-users, this turn-key residence currently operates as a successful short-term rental with established revenue stream potential. Incoming owners enjoy flexible options, whether continuing to capitalize on nightly guest stays, placing a long-term tenant, or moving in to enjoy the high-rise lifestyle firsthand. Resort-style amenities elevate daily life, including a rooftop pool deck with an outdoor fireplace and lounge, a 33rd-floor clubroom, state-of-the-art fitness center with a Peloton studio, yoga space, dog park, pet-washing station, bike storage, and lobby coffee bar—all steps from Lady Bird Lake and the Ann and Roy Butler Hike-and-Bike Trail. For more info, go to: https://wkf.ms/42uD2XF
Property details
- Property type
- Residential · Condominium
- Status
- Active
- Year built
- 2021
- Full baths
- 1
- Lot size
- 0.0014
- Subdivision
- 48 East Condos
- MLS area
- DT
- MLS #
- 247172590
Features
Interior features
- Built-in Features
- Stone Counters
- Double Vanity
- Open Floorplan
- Recessed Lighting
- Walk-In Closet(s)
Exterior features
- See Remarks
Additional details
- Parking
- Garage
- Garage spaces
- 1
- Roof
- Concrete
- Foundation
- Slab
- HOA
- $523 / monthly
Location
View Street ViewLoading map…
Schools
Assigned schools per the MLS.
- School district
- Austin ISD
- Elementary
- Mathews
- Middle
- O Henry
- High
- Austin
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Getting around
- Downtown Austin
- 0.8 mi
- Austin-Bergstrom Airport
- 5.9 mi
Straight-line distance, not drive time.
Market insights
Compared with 351 active homes in ZIP 78701 · HomeLocating listings
At $495,000, this home is priced 27% below the $675,000 median across 351 active homes in ZIP 78701.
Estimated monthly payment
Home price
$495,000
Down payment
20% ($99,000)
Loan details
30-yr fixed, 6.50%
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Listing courtesy of Compass RE Texas, LLC · Lindsay Neuren
Listing data last updated Oct 2, 2026, 11:46 PM
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