48 East Ave # 2605, Austin TX 78701
Austin, TX 78701 · 48 East Condos
Condominium for sale in 48 East Condos
Overview
Property Description
*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
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
| Date | Event | Price | Change |
|---|---|---|---|
| Sep 16, 2026 | New Listing | — |
Taxes
TCAD account 958686
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 | $429,000 | $443.59 |
| AUSTIN ISD | 0.925200 | $429,000 | $3,969.11 |
| CITY OF AUSTIN | 0.524017 | $429,000 | $2,248.03 |
| TRAVIS COUNTY | 0.375845 | $429,000 | $1,612.38 |
| TRAVIS COUNTY HEALTHCARE DISTRICT | 0.118023 | $429,000 | $506.32 |
| Ordinary property tax estimate | 2.046485 | $8,779.43 |
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
- KASSAMALI FAIZAL SULTANALI
- Legal
- 48 EAST CONDOMINIUMS UNT 2605 0.3311%INT IN COMMON AREA
- Geo ID
- prop:958686
- Acreage
- 0.00
- Exemption Type
- None on record
- MLS estimated annual taxes
- $9,307
- MLS tax year
- 2026
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 | $594,625 | 2.046485 | $12,168.91 |
| 2024 | — | 1.981814 | $12,480.79 |
| 2023 | — | 1.809247 | $13,250.08 |
| 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
$3,692 / 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.
| Year | Starting balance | Principal paid | Interest paid | Ending balance | Principal 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
Nearby
12 closest listings to 48 East Ave # 2605, Austin TX 78701 (within 2 miles).
Courtesy of Compass RE Texas, LLC · (512) 575-3644
Listings courtesy of ACTRIS as distributed by MLS GRID.