507 Sabine Street 605, Austin
$498,500 - 2 Beds, 2 Baths, 1,456 Sf
MLS® # 9240122
Compass RE Texas, LLC
48 East Avenue 2005, Austin
$479,999
1 Beds
1 Baths
706 Sqft
0 Acres
0 Garages
Turn-Key Rainey Street Investment! Fully furnished and currently operating as a successful Airbnb, this 1 bedroom, 1 bathroom condo means having the Lady Bird Lake hike-and-bike trail and Austin’s most famous nightlife corridor right outside your front door. The main living area has floor-to-ceiling windows framing wide views of the eastern skyline, making the space feel expansive. High ceilings and hardwood flooring run throughout, connecting the different zones of the home. In the kitchen, you will find flat-panel cabinetry paired with a speckled terrazzo-style backsplash and white quartz counters. This cooking space is equipped with integrated Bosch appliances, including a smooth-top range and a French-door refrigerator that blends into the cabinetry. A small dining nook with a built-in bench is tucked just off the kitchen, creating a dedicated spot for meals. Moving into the bedroom, the large windows continue, offering a private look at the city from the king-sized bed. The en-suite bathroom features a double vanity with matte black hardware and a deep charcoal-tiled wall that stretches to the ceiling. Beyond the unit, the building provides a rooftop pool with private cabanas, a professional-grade fitness center with TRX trainers, and a residents' lounge. Located in the Rainey Street District, this condo is located less than a mile from the Austin Convention Center and the central business district. You are a short walk from Emmer & Rye and the Mexican American Cultural Center and ABIA is roughly ten miles away. This location puts you within reach of the best parks and dining in the Rainey Street District while maintaining a quick connection to the rest of Austin.
Essential Information
MLS® #9421327
Price$479,999
Bedrooms1
Bathrooms1.00
Full Baths1
Square Footage706
Acres0.00
Year Built2021
TypeResidential
Sub-TypeCondominium
StatusActive
Community Information
Address48 East Avenue 2005
Subdivision48 East Condominiums
CityAustin
CountyTravis
StateTX
Zip Code78701
Amenities
ParkingGarage, Covered, Guest, Valet
WaterfrontNone
Utilities
Electricity Connected, Sewer Connected, Water Connected
Features
Bar/Lounge, Common Grounds/Area, Conference/Meeting Room, Dog Park, Fitness Center, Internet Access, Pool, Trails/Paths
View
City, Downtown, Panoramic, River, Skyline
Interior
InteriorTile, Wood
HeatingCentral
StoriesOne
Interior Features
Ceiling Fan(s), Double Vanity, Eat-in Kitchen, High Ceilings, Main Level Primary, Open Floorplan, Stone Counters, Recessed Lighting, High Speed Internet
Appliances
Cooktop, Dishwasher, Electric Cooktop, Disposal, Oven, Refrigerator
Exterior
Exterior FeaturesNone
Lot DescriptionCity Lot, Landscaped, Views
RoofMembrane
ConstructionConcrete
FoundationSlab
School Information
DistrictAustin ISD
ElementaryMathews
MiddleO Henry
HighAustin
Listing Details
Contact Details(512) 646-9276
Property History
Price Reduced from $482,999 to $479,999
Price Reduced from $483,999 to $482,999
Price Reduced from $484,999 to $483,999
Price Reduced from $485,999 to $484,999
Price Reduced from $486,999 to $485,999
LISTING MAP
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The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from October 9th, 2026 at 6:00am CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
