48 East Ave # 2005, Austin TX 78701
Austin, TX 78701 · 48 East Condominiums
Condominium for sale in 48 East Condominiums
Overview
Property Description
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.
Financial Info
- Price
- $472,999
- $ / Sqft
- $670
- HOA
- Yes - Mandatory / $604.69 / Monthly
- HOA Name
- Nativo
- HOA Includes
- Common Area Maintenance, Insurance, Parking
- Tax Rate
- 2.0465%
- Est. Taxes
- $11,651.91
- Tax Year
- 2025
- Exemptions
- None
Legal Info
- Address
- 48 East Ave # 2005
- County
- Travis
- City
- Austin
- State
- TX
- Zip
- 78701
- Subdivision
- 48 East Condominiums
- Legal Description
- 48 EAST CONDOMINIUMS UNT 2005 0.3311%INT IN COMMON AREA
- Parcel
- 02030329120000
Interior Features
- Floor
- Tile, Wood
- Num Living
- 1
- Dining
- 1
- Kitchen
- Eat-in Kitchen
- Appliances
- Cooktop, Dishwasher, Disposal, Electric Cooktop, Oven, Refrigerator
- Laundry
- In Unit, Laundry Closet
- Master Bed
- Double Vanity, Primary Bedroom on Main
- Master Main
- Yes
- Interior Features
- Ceiling Fan(s), High Ceilings, Stone Counters, Double Vanity, Eat-in Kitchen, Open Floorplan, Primary Bedroom on Main, Recessed Lighting, Smoke Detector(s), Window Coverings
General Info
- Beds
- 1 Total / 1 Main Level
- Full / Half Baths
- 1 / 0
- Prop Type
- Residential
- Property Type
- Condominium
- Stories
- 1
- Year Built
- 2021 / Resale
- Square Feet
- 706 / Public Records
- Garage Desc
- Garage, Valet
- Foundation
- Slab
- Roof
- Membrane
- Construction
- Concrete
- Acres
- 0.00
- Lot Description
- City Lot, Landscaped, Views
- Restrictions
- Deed Restrictions
- Flood Plain
- Yes-500 yr
- View
- City, Downtown, Panoramic, River, Skyline
- Water Access
- No
- Waterfront
- No
- Area
- DT
Utility Info
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Electricity Connected, Sewer Connected, Water Connected
- Heat
- Central
- A C
- Central Air
Exterior Features
- Fence
- None
- Exterior Features
- None
- Pool On Property
- No
- Area Amenities
- Common Grounds, Conference/Meeting Room, Controlled Access, Covered Parking, Dog Park, Fitness Center, Garage Parking, High Speed Internet, Lock and Leave, Lounge, Pool, VALET
Price history
| Date | Event | Price | Change |
|---|---|---|---|
| Nov 8, 2026 | Price Decrease | $472,999−$2,000 (−0.4%) | −$2,000 (−0.4%) |
| Nov 5, 2026 | Price Decrease | $474,999−$1,000 (−0.2%) | −$1,000 (−0.2%) |
| Oct 29, 2026 | Price Decrease | $475,999−$2,000 (−0.4%) | −$2,000 (−0.4%) |
| Oct 25, 2026 | Price Decrease | $477,999−$1,989 (−0.4%) | −$1,989 (−0.4%) |
| Oct 22, 2026 | Price Decrease | $479,988−$11 (−0%) | −$11 (−0%) |
| Sep 24, 2026 | Price Decrease | $479,999−$3,000 (−0.6%) | −$3,000 (−0.6%) |
| Sep 12, 2026 | Price Decrease | $482,999−$1,000 (−0.2%) | −$1,000 (−0.2%) |
| Sep 6, 2026 | Price Decrease | $483,999−$1,000 (−0.2%) | −$1,000 (−0.2%) |
| Sep 2, 2026 | Price Decrease | $484,999−$1,000 (−0.2%) | −$1,000 (−0.2%) |
| Aug 30, 2026 | Price Decrease | $485,999−$1,000 (−0.2%) | −$1,000 (−0.2%) |
| Aug 27, 2026 | Price Decrease | $486,999−$1,000 (−0.2%) | −$1,000 (−0.2%) |
| Aug 24, 2026 | Price Decrease | $487,999−$1,000 (−0.2%) | −$1,000 (−0.2%) |
| Aug 23, 2026 | Price Decrease | $488,999−$1,000 (−0.2%) | −$1,000 (−0.2%) |
| Aug 21, 2026 | Price Decrease | $489,999−$1,000 (−0.2%) | −$1,000 (−0.2%) |
| Aug 19, 2026 | Price Decrease | $490,999−$1,000 (−0.2%) | −$1,000 (−0.2%) |
| Aug 17, 2026 | Price Decrease | $491,999−$1,000 (−0.2%) | −$1,000 (−0.2%) |
| Aug 15, 2026 | Price Decrease | $492,999−$2,000 (−0.4%) | −$2,000 (−0.4%) |
| Aug 14, 2026 | Price Decrease | $494,999−$2,000 (−0.4%) | −$2,000 (−0.4%) |
| Aug 12, 2026 | Price Decrease | $496,999−$2,000 (−0.4%) | −$2,000 (−0.4%) |
| Aug 9, 2026 | Price Decrease | $498,999−$1,000 (−0.2%) | −$1,000 (−0.2%) |
| Aug 7, 2026 | Price Decrease | $499,999−$1,000 (−0.2%) | −$1,000 (−0.2%) |
| Aug 6, 2026 | Price Decrease | $500,999−$1,000 (−0.2%) | −$1,000 (−0.2%) |
| Aug 4, 2026 | Price Decrease | $501,999−$1,000 (−0.2%) | −$1,000 (−0.2%) |
| Aug 2, 2026 | Price Decrease | $502,999−$1,000 (−0.2%) | −$1,000 (−0.2%) |
| Jul 26, 2026 | Price Decrease | $503,999−$1,000 (−0.2%) | −$1,000 (−0.2%) |
| Jul 24, 2026 | Price Decrease | $504,999−$2,000 (−0.4%) | −$2,000 (−0.4%) |
| Jul 17, 2026 | Price Decrease | $506,999−$1,000 (−0.2%) | −$1,000 (−0.2%) |
| Jul 15, 2026 | Price Decrease | $507,999−$1,001 (−0.2%) | −$1,001 (−0.2%) |
| Jun 26, 2026 | Price Decrease | $509,000−$1,000 (−0.2%) | −$1,000 (−0.2%) |
| May 29, 2026 | Price Decrease | $510,000−$5,000 (−1%) | −$5,000 (−1%) |
| May 11, 2026 | New Listing | — |
Taxes
TCAD account 958620
Uses rates from the supplied 2026 TCAD package. The file does not identify adopted or proposed status.
| Taxing Entity | Rate per $100 | Taxable Value | Estimated Tax |
|---|---|---|---|
| AUSTIN COMM COLL DIST | 0.103400 | $415,000 | $429.11 |
| AUSTIN ISD | 0.925200 | $415,000 | $3,839.58 |
| CITY OF AUSTIN | 0.524017 | $415,000 | $2,174.67 |
| TRAVIS COUNTY | 0.375845 | $415,000 | $1,559.76 |
| TRAVIS COUNTY HEALTHCARE DISTRICT | 0.118023 | $415,000 | $489.80 |
| Ordinary property tax estimate | 2.046485 | $8,492.92 |
Informational estimate, not a tax bill or taxes paid. Exemptions and tax ceilings can make taxes differ from the combined rate multiplied by one taxable value. PID assessments and other special charges are excluded; collector coverage has not been established.
Source: Travis County
- Owner
- ADEJUMO ADEKEMI
- Legal
- 48 EAST CONDOMINIUMS UNT 2005 0.3311%INT IN COMMON AREA
- Geo ID
- prop:958620
- Acreage
- 0.00
- Exemption Type
- None on record
- MLS estimated annual taxes
- $11,651.91
- MLS tax year
- 2025
Annual taxes billed are the Tax Imposed amounts reported in the latest available Travis Tax Office statement. Exemptions and tax ceilings may prevent combined rate × taxable value from equaling the billed amount. Other collectors or assessments may not be included.
| Year | Appraised Value | Combined Rate per $100 | Annual Taxes Billed |
|---|---|---|---|
| 2025 | $569,362 | 2.046485 | $11,651.91 |
| 2024 | — | 1.981814 | $12,610.30 |
| 2023 | — | 1.809247 | $12,445.68 |
| 2022 | — | 1.974923 | $2,482.66 |
Combined rates exclude PID placeholder rates. Historical amounts reflect the statement’s snapshot and may change after later corrections; they do not describe payment status. Appraisal values come from the legacy CAD source.
Source: Travis County
Schools
School Info
- District
- Austin ISD
- Elementary
- Mathews
- Middle
- O Henry
- High
- Austin
Maps
Financing
Your preferences
- 20% down
- Conv/Jumbo
- 30 years
- 6.50% rate
Saved on this device
Estimated monthly payment
$3,757 / mo
20% down · 6.50% interest · 30-year fixed
Estimated monthly payment $3,757
- Principal & interest
- $2,392
- Property taxes
- $971
- Homeowners insurance
- $394
*PITI only
These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.
| Year | Starting balance | Principal paid | Interest paid | Ending balance | Principal vs interest |
|---|---|---|---|---|---|
| 1 | $378,399 | $4,229 | $24,471 | $374,170 | |
| 2 | $374,170 | $4,513 | $24,188 | $369,657 | |
| 3 | $369,657 | $4,815 | $23,886 | $364,842 | |
| 4 | $364,842 | $5,137 | $23,563 | $359,705 | |
| 5 | $359,705 | $5,481 | $23,219 | $354,223 | |
| 6 | $354,223 | $5,849 | $22,852 | $348,375 | |
| 7 | $348,375 | $6,240 | $22,461 | $342,134 | |
| 8 | $342,134 | $6,658 | $22,043 | $335,476 | |
| 9 | $335,476 | $7,104 | $21,597 | $328,372 | |
| 10 | $328,372 | $7,580 | $21,121 | $320,792 |
- Year 1$374,170
- Principal paid
- $4,229
- Interest paid
- $24,471
- Starting balance
- $378,399
- Year 2$369,657
- Principal paid
- $4,513
- Interest paid
- $24,188
- Starting balance
- $374,170
- Year 3$364,842
- Principal paid
- $4,815
- Interest paid
- $23,886
- Starting balance
- $369,657
- Year 4$359,705
- Principal paid
- $5,137
- Interest paid
- $23,563
- Starting balance
- $364,842
- Year 5$354,223
- Principal paid
- $5,481
- Interest paid
- $23,219
- Starting balance
- $359,705
- Year 6$348,375
- Principal paid
- $5,849
- Interest paid
- $22,852
- Starting balance
- $354,223
- Year 7$342,134
- Principal paid
- $6,240
- Interest paid
- $22,461
- Starting balance
- $348,375
- Year 8$335,476
- Principal paid
- $6,658
- Interest paid
- $22,043
- Starting balance
- $342,134
- Year 9$328,372
- Principal paid
- $7,104
- Interest paid
- $21,597
- Starting balance
- $335,476
- Year 10$320,792
- Principal paid
- $7,580
- Interest paid
- $21,121
- Starting balance
- $328,372
Nearby
12 closest listings to 48 East Ave # 2005, Austin TX 78701 (within 2 miles).
Courtesy of eXp Realty, LLC · (888) 519-7431
Listings courtesy of ACTRIS as distributed by MLS GRID.