$1,200,000
 $6,442 est/mo Sourced by Back At You

48 East Ave,Austin, TX 78701

Austin, TX 78701

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Description

Premier Austin Investment Opportunity & Luxury Living in the Heart of Rainey Street Experience elevated urban living and exceptional investment potential with this stunning ultra-modern condominium on the 18th floor in Austin's highly sought-after Rainey Street District. Approved for short-term rentals, this residence offers a rare opportunity to generate passive income while enjoying one of Austin's most vibrant neighborhoods. Designed with a sophisticated industrial-chic aesthetic, the open-concept floor plan is highlighted by dramatic floor-to-ceiling windows that showcase breathtaking panoramic views of Lady Bird Lake and the downtown Austin skyline. Contemporary finishes exposed concrete accents in the primary suite, and a spacious walk-in closet create a refined and stylish retreat. The luxurious primary bath features a sleek vessel sink, designer finishes, and a frameless walk-in shower, delivering a true spa-inspired experience. Step onto your private balcony to enjoy spectacular sunsets, city lights, and the energy of downtown Austin. Ownership includes access to an unparalleled collection of resort-style amenities and 24/7 hotel-inspired services. Residents enjoy a stunning Rooftop Oasis complete with a pool, cabanas, and lounge areas, a state-of-the-art Health & Wellness Center featuring Peloton bike stations, and full-service concierge assistance for grocery delivery, reservations, and lifestyle management. Additional conveniences include 24-hour valet parking, dedicated pet amenities, and exceptional resident services. Whether you're seeking a luxury residence, a lock-and-leave lifestyle, or a high-performing investment property, this exceptional condo delivers the very best of Austin living. Schedule your private tour today and discover luxury living above the Austin skyline.

Details

MLS #1973224
Listing TypeFor Sale
StyleDuplex
StatusActive
Year2021
Days On Site76
Listing Provided ByTexas Premier Realty | Rama Joolukuntla

Features

Bed(s)2
Bath(s) 2 Total
SQ Feet1,277
Story(s)33
Units244

Interior

Interior FeaturesOne Living Area, Living/Dining Combo, Island Kitchen, Utility Area Inside, Open Floor Plan, Cable TV Available
HeatingCentral
Heating FuelElectric
FireplaceNot Applicable

Exterior

ExteriorStone/Rock, Stucco, Rock/Stone Veneer
RoofConcrete
FoundationSlab

Parking

Garage ParkingFour or More Car Garage, Attached

Taxes

Tax Property Id02-0303-2895-0000
Taxed By Mltpl CountiesNo
Total Tax17029

Area Information

StateTX
CountyTravis
CityAustin
Zip Code78701
AreaTravis
School DistrictAustin I.S.D.
Elementary SchoolMathews Elementary
High SchoolAustin
Listing VS Median (in 78701)
Price:
$1,200,000
low | high
Med:
$942,500
71.458333333333% of Average
sqft:
1,277
low | high
Med:
1,040
68.559122944401% of Average
$ / sqft:
$940
low | high
Med:
$896
54.610574927356% of Average
On site:
76
low | high
Med:
142.5
53.333333333333% of Average
Sourced by Back At You

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Learn More About This Property

StateTX
CountyTravis
CityAustin
Zip Code78701
AreaTravis
School DistrictAustin I.S.D.
Elementary SchoolMathews Elementary
High SchoolAustin
Listing VS Median (in 78701)
Price:
$1,200,000
low | high
Med:
$942,500
71.458333333333% of Average
sqft:
1,277
low | high
Med:
1,040
68.559122944401% of Average
$ / sqft:
$940
low | high
Med:
$896
54.610574927356% of Average
On site:
76
low | high
Med:
142.5
53.333333333333% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $900K - $1.5M
sqft: 958 - 1,500
Listing Updated: August 14, 2026 at 5:49:22 PM PDT