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48 East #1604, Austin 78701

48 East #1604

$600,000 · 1 bd · 1 ba · 901 sq ft

From the listing

****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.

The description is the listing brokerage’s, reproduced from the MLS. Listed by Jason Martin.

The ZIP

Everything that is not in the listing, from the creeks to the schools to who the area is wrong for, is on the 78701 page. Everything else for sale there today is on its market page.

A private viewing

Tell me when works and I will confirm directly.

Luke Allen

Licensed Texas REALTOR, License #788149

254-718-2567luke@austinmdg.com
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Listings courtesy of Unlock MLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of September 30, 2026 at 8:46 AM CDT. All data obtained from various sources and may not have been verified by broker or MLS GRID.

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Alex Bartram, Designated Broker, TREC License #615893

Austin Marketing + Development Group LLC, TREC License #9014959

1401 West Ave Ste B, Austin, TX 78701

Luke Allen, Licensed Texas REALTOR, License #788149

Equal Housing Opportunity

lukeallenaustin.com