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Jeannette Spinelli

Broker Associate & Founder | Spinelli Residential Group | KW - Austin Portfolio Real Estate

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48 East Ave 2605 , Austin, TX 78701
$495,000
Est. Payment: $2,735.07/mo
1 Bed
1 Bath
706 Sqft
Status: active | Days on site: 21
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Agent profile image
Jeannette Spinelli
Broker Associate & Founder

House 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

Highlights

Listed by Lindsay Neuren , (512) 913-6987 Compass RE Texas, LLC , (512) 575-3644. Austin MLS mls logo

Property Type

Condo/Townhome

HOA Fee

523.68 Monthly

Year Built

2021

County

Travis

Area

DT

Neighborhood

48 East Condos

School District

Austin ISD

Listing ID

9961873

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:1
  • ▪ Bathrooms:1
  • ▪ Full Bathrooms:1
Appliances:Built-In Oven, Cooktop, Washer/Dryer Stacked, Dishwasher, Oven, Refrigerator, Stainless Steel Appliance(s)
Floor:Tile,Wood
Other:
  • ▪ Additional:Built-in Features, Double Vanity, Open Floorplan, Stone Counters, Recessed Lighting, Walk-In Closet(s)
Water:Public

Exterior Features

Lot:See Remarks
Roof:Concrete
Others:
  • ▪ Additional:See Remarks, Resale
Sewer:Public Sewer
Parking Features:Garage
Principal Interest
$2,735
Taxes
$316
HOA
$524

Home Price

$495,000

Loan Details

30 yrs
7.375%

Down Payment

20%
$99,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,735.07

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $2,735.07 $315.56 $523.68 $3,574.32
Yearly $32,820.88 $3,786.75 $6,284.16 $42,891.79
Total $984,626.49 $113,602.50 $188,524.80 $1,286,753.79

Today's Rates

30 Year

7.38%

20 Year

7.18%

15 Year

6.77%

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Market insight data is pulled from the same city as the listing being viewed (Austin, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Data last updated: 2026-10-18T09:00:57.000Z

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