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ActiveMLS #9961873

48 East Ave # 2605, Austin TX 78701

Austin, TX 78701 · 48 East Condos

Condominium for sale in 48 East Condos

1Bedrooms
1Bathrooms
706Square Ft
0.00Acres
1Garage
2021Year Built
New
1 / 37
$495,000

Overview

Property Description

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

Financial Info
Price
$495,000
$ / Sqft
$701
HOA
Yes - Mandatory / $523.68 / Monthly
HOA Name
Nativo Austin
HOA Includes
Common Area Maintenance
Tax Rate
2.0465%
Est. Taxes
$9,307
Tax Year
2026
Exemptions
None
Legal Info
Address
48 East Ave # 2605
County
Travis
City
Austin
State
TX
Zip
78701
Subdivision
48 East Condos
Legal Description
48 EAST CONDOMINIUMS UNT 2605 0.3311%INT IN COMMON AREA
Parcel
02030329780000
Interior Features
Floor
Tile, Wood
Num Living
1
Dining
1
Appliances
Built-In Oven(s), Cooktop, Dishwasher, Oven, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer Stacked
Laundry
Inside, Laundry Closet
Master Bed
Double Vanity, Walk-In Closet(s)
Master Main
Yes
Fireplace Description
See Remarks
Interior Features
Built-in Features, Stone Counters, Double Vanity, Open Floorplan, Recessed Lighting, Walk-In Closet(s), Smoke Detector(s), Blinds, Drapes
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
Garages
1
Garage Desc
Garage
Foundation
Slab
Roof
Concrete
Construction
Concrete, Glass
Acres
0.00
Lot Description
See Remarks
Restrictions
City Restrictions
Flood Plain
No
View
City, City Lights, Neighborhood, Skyline, Trees/Woods, Water
Water Access
No
Waterfront
No
Area
DT
Utility Info
Water
Public
Sewer
Public Sewer
Utilities
Electricity Connected, Sewer Connected, Water Connected
Heat
Electric
A C
Central Air
Exterior Features
Fence
None
Exterior Features
See Remarks
Pool On Property
No
Area Amenities
Bike Storage/Locker, Common Grounds, Concierge, Fitness Center, Park, Pet Amenities, Pool, Restaurant, Rooftop Lounge

Price history

Members only
Days on market
$495,000
List price
0
Price reductions
Active
Since Sep 16, 2026
Property history1 event
DateEventPriceChange
Sep 16, 2026New Listing

Taxes

Tax data isn’t available for this property’s county yet.

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

List price $495,000
Down payment
Stays 20% if you change the price
Note rate, not APR
From this listing’s tax record
*Estimated only (1% of price / yr)

Estimated monthly payment

$3,692 / mo

20% down · 6.50% interest · 30-year fixed

Estimated monthly payment $3,692

Principal & interest
$2,503
Property taxes
$776
Homeowners insurance
$413

*PITI only

These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal vs interest
1$396,000$4,426$25,610$391,574
2$391,574$4,723$25,313$386,851
3$386,851$5,039$24,997$381,812
4$381,812$5,376$24,660$376,436
5$376,436$5,736$24,299$370,699
6$370,699$6,121$23,915$364,579
7$364,579$6,531$23,505$358,048
8$358,048$6,968$23,068$351,080
9$351,080$7,435$22,601$343,646
10$343,646$7,932$22,103$335,713
  • Year 1$391,574
    Principal paid
    $4,426
    Interest paid
    $25,610
    Starting balance
    $396,000
  • Year 2$386,851
    Principal paid
    $4,723
    Interest paid
    $25,313
    Starting balance
    $391,574
  • Year 3$381,812
    Principal paid
    $5,039
    Interest paid
    $24,997
    Starting balance
    $386,851
  • Year 4$376,436
    Principal paid
    $5,376
    Interest paid
    $24,660
    Starting balance
    $381,812
  • Year 5$370,699
    Principal paid
    $5,736
    Interest paid
    $24,299
    Starting balance
    $376,436
  • Year 6$364,579
    Principal paid
    $6,121
    Interest paid
    $23,915
    Starting balance
    $370,699
  • Year 7$358,048
    Principal paid
    $6,531
    Interest paid
    $23,505
    Starting balance
    $364,579
  • Year 8$351,080
    Principal paid
    $6,968
    Interest paid
    $23,068
    Starting balance
    $358,048
  • Year 9$343,646
    Principal paid
    $7,435
    Interest paid
    $22,601
    Starting balance
    $351,080
  • Year 10$335,713
    Principal paid
    $7,932
    Interest paid
    $22,103
    Starting balance
    $343,646
First 10 of 30 years

Nearby

Courtesy of Compass RE Texas, LLC · (512) 575-3644

Listings courtesy of ACTRIS as distributed by MLS GRID.