ActiveMLS# 1973224
$1,175,000
0 Acres · Residential
48 East Ave
Austin, TX 78701 (Travis County)
2
Bedrooms
2
Bathrooms
1,277
Sq Ft
2021
Year Built

About this property

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.

Property details

Property TypeResidential
Acreage0 acres
StatusActive
Days on Market108 days
ListedJune 5, 2026
CountyTravis
ZIP Code78701
Living Area1,277 sq ft
Year Built2021
Annual Property Tax$17,029 (2025)
MLS Number1973224
Listed ByTexas Premier Realty

Location

Area & Lifestyle

About the Area

48 East Ave is located in Austin, Texas, in Travis County. Travis County is home to Austin, the capital of Texas and one of the fastest-growing major cities in the United States. Beyond the urban core, Travis County still contains significant ranch and acreage properties in its western reaches, where the Hill Country meets the city and land values reflect both agricultural heritage and proximity to one of America's most dynamic economies.

The Colorado River flows through Travis County, impounded into Lake Travis and Lake Austin, key recreation anchors for the region. The Balcones Escarpment marks the transition from the limestone Hill Country in the west to the Blackland Prairie in the east. Barton Creek and its tributaries carve spring-fed swimming holes and nature preserves within the urban fabric.

Austin had an estimated population of 967,862 as of 2023. The 78701 zip code has a median household income of $154,867, a median home value of $653,600, and a median age of 41.5. The average household size is 1.43 people.

Austin's economy is anchored by the University of Texas, state government, and a massive technology sector that has attracted Apple, Tesla, Oracle, Dell, and hundreds of startups. Travis County acreage properties command premium prices reflecting proximity to the Austin job market, major airports, and world-class amenities.

Demographic data sourced from the U.S. Census Bureau, American Community Survey 5-Year Estimates (2023).

Listing information © 2026 Unlock MLS (ACTRIS). All data provided AS IS. Information is deemed reliable but not guaranteed. Listing courtesy of Texas Premier Realty.

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Barron Johnson
Broker Associate · Spyglass Realty