48 E East Ave 3203, Austin, TX 78701

$650,000 Asking Price

1 bed
1 bath
641  sqft
Built in 2022

Income-producing property, fully furnished and ready for short-term rentals. Great income potential. This condominium residence is situated on the highest floor, boasting elegant hardwood flooring, a seamless glass shower, and expansive floor-to-ceiling windows that open onto a balcony with sweeping views of Downtown Austin. Nestled within the sought-after Rainey Street Historic District, it offers convenient access to an array of dining venues, vibrant bars, the serene Lady Bird Lake, and the scenic Ann and Roy Butler Hike & Bike Trail, all within walking distance. Additionally, it is just a few minutes away from downtown Austin. Included in the sale: one-car garage parking with 24-hour valet service, internet Wi-Fi, trash utilities, and high-end appliances such as a washer, dryer, refrigerator, TV, all furniture and silverware. Furthermore, residents enjoy a wealth of five-star amenities, including a 33rd-floor rooftop swimming pool and clubhouse, 10th-floor fitness facilities (comprising a fitness center, Peloton bike studios, outdoor workout area, and yoga studio), co-working spaces, a lobby coffee bar, outdoor terrace and garden with a rooftop fireplace, 24-hour valet parking, bike storage, a dedicated dog run, and a pet washing station. With a walk score of 84 and a transit score of 60, this condominium offers both convenience and luxury living.

Features & Amenities

Interior

General:
Built-in Features, High Ceilings, Quartz Counters, Primary Bedroom on Main, Storage, Walk-In Closet(s)
Appliances:
Built-In Electric Oven, Built-In Oven(s), Built-In Refrigerator, Dishwasher, Disposal, Microwave, Washer/Dryer
Laundry:
In Unit
Flooring:
Tile, Wood
A/C:
Central Air
Heating:
Central
Fireplace:
Fireplaces: 0
Eco/Green Feature:
None, None

Exterior

General:
Balcony
Other Structures:
None
Pool:
None
Parking:
Garage, Parking spaces: 0

Construction

Roofing:
Concrete
Windows:
Aluminum Frames
General:
One, Slab

Location

HOA Amenities:
Cable TV, Maintenance Grounds, Security, Trash, 487.0, Monthly
Originating MLS:
actris
School District:
Austin ISD
County:
Travis

Lot

Zoning:
LOT A ZOPPP ADDN, 48 East Ave
View:
City, City Lights, Neighborhood
Fencing:
None

Utilities

Utilities:
Above Ground
Water:
Public
Sewer:
Public Sewer

Financial

Source:
actris

This listing courtesy of:
@ properties Christie's International, Viktoriia Jones

About Austin, TX

Housing

Number of Units
523,644
Median Home Value
$435,027
Median Rent
$1,253

52.82% of housing units are renter occupied.

7.09% are vacant.

Commute

Car
53.46%
Public Transportation
1.78%
Walk to Work
1.73%
Work from Home
41.61%
Other
0.53%

The median travel time to work is 16 minutes.

People

Population
1,163,161
Median Age
35.90
Median Household Size
2.60

Education

High School
14.31%
Associate’s Degree
5.38%
Bachelor’s Degree
34.89%
Graduate Degree
21.08%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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