For Sale Condo MLS# ACT1965270

48 East Ave #1604

Austin, TX 78701

$600,000

About 48 East Ave #1604

****UNIQUELY DESIGNED / DECORATED UNIT*** Unique opportunity to own a luxury condo in building with a hotel license. Option to buy 12+ units in the building as a portfolio purchase which could all be operating day one of purchase with no down time. This exceptional, fully furnished 1-bedroom condo offers a rare opportunity to own a high-performing short-term rental that also lives beautifully as a primary residence or second home. Thoughtfully designed with both guest experience and everyday comfort in mind, the home blends striking aesthetics with functional, livable space. The layout is ideal for both hosting and daily life, featuring spacious bedrooms, inviting common areas, and seamless indoor-outdoor flow. The outdoor space serves as a true centerpiece—perfect for entertaining, relaxing, and enjoying Austin’s year-round lifestyle. Optimized for group travel, the property includes design elements and amenities that consistently drive strong demand, premium nightly rates, and excellent guest reviews. Its prime location—just minutes from the airport and a short drive to downtown, Rainey Street, and East Austin’s top dining and entertainment—makes it highly attractive to guests while remaining convenient for full-time living. Offered fully turnkey, all furnishings, decor, and operational setup are included in the sales price, allowing for an immediate and seamless transition—whether continuing as a short-term rental or moving in and enjoying the home from day one. Whether you’re seeking a strong income-producing asset or a versatile Austin home with built-in earning potential, this property delivers an exceptional combination of design, location, and performance.

Property details

Property

Type
Condominium
MLS type
Residential
Status
Active
Year built
2021
Stories
One
Living area
901 sqft
Price / sqft
$666
Lot
0.001 AC / 43 SF
Full baths
1
Original price
$600,000
MLS #
1965270

Interior

Features
Ceiling-High, Quartz Counters, High Speed Internet, Open Floorplan, Primary Bedroom on Main, Stackable W/D Connections
Appliances
Dishwasher, Disposal, Electric Cooktop, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer Stacked
Flooring
Tile, Wood
Heating
Central
Cooling
Central Air
Laundry
In Unit,Laundry Closet
Windows
Aluminum Frames, Window Treatments

Exterior & lot

Features
Balcony
Roof
Concrete
Foundation
Slab
Patio & porch
Deck
View
City, City Lights, Skyline
Parking
Valet
Garage spaces
1

Schools

District
Austin ISD
Elementary
Mathews
Middle
O Henry
High
Austin

Utilities

Utilities
Electricity Connected, High Speed Internet, Sewer Connected, Water Connected
Water
Private
Sewer
Public Sewer
Security
Building Security

Financial

HOA
Yes
Annual tax
$12,212
Tax year
2023
Parcel
02030328670000
Legal
48 EAST CONDOMINIUMS UNT 1604 .4180% INT IN COMMON AREA
Special conditions
Standard

Location

Subdivision
Natiivo
County
Travis
Directions
From I35, exit Cesar Chavez head west, turn right on Lambie ST, left on East Ave, building will be on our right

Location

Neighborhood
Natiivo

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Listed by Jason Martin, Jason Martin

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.