Income-producing property, fully furnished and ready for short-term rentals. Great income potential. This condominium residence is 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.
Property Features
Bedrooms
- Bedrooms: 1
- Bedrooms On Main Level: 1
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Interior Features
- High Ceilings
- Quartz Counters
- High Speed Internet
- Primary Bedroom on Main
- Walk-In Closet(s)
- Flooring: Wood
- Window Features: Double Pane Windows
Appliances
- Built-In Electric Oven
- Built-In Electric Range
- Built-In Oven(s)
- Cooktop
- Dishwasher
- Disposal
- Dryer
- Electric Cooktop
- Microwave
- Electric Oven
- Refrigerator
- Washer/Dryer
- Laundry Features: Common Area
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Central
Land Info
- Lot Size Acres: 52.0
- Lot Size Square Feet: 2265120
Garage and Parking
Home Features
- View: City, Downtown, Lake
- Security Features: 24 Hour Security
Homeowners Association
- Association: Yes
- Association Fee: 487
- Association Fee Frequency: Bi-Monthly
- Association Fee Includes: Cable TV, Internet, Maintenance Grounds, Maintenance Structure, Parking, Security
- Calculated Total Monthly Association Fees: 487
- Association Name: HOA
School Information
- Elementary School: Mathews
- High School: Austin
- High School District: Austin ISD
- Middle School: O Henry
- School District: Austin ISD
Amenities and Community Features
- Community Features: BBQ Pit/Grill, Business Center, Clubhouse, Cluster Mailbox, Concierge, Conference/Meeting Room, Creative Office Space, Dog Park, Fitness Center, Garage Parking, High Speed Internet, Kitchen Facilities, Lounge, Maintenance On-Site, Pool, Property Manager On-Site, ValetParking
Other Property Info
- Annual Tax Amount: 13012.43000000
- Source Listing Status: Active
- County: Travis
- Directions: From I35, exit Cesar Chavez. Take frontage road and turn right on Lambie St. Building will be on the left.
- Tax Year: 2024
- Source Property Type: Residential
- Area: DT
- Property Subtype: condo
- Source Neighborhood: 48 East Condos
- Ownership Type: Common
- Parcel Number: 02030330420000
- Subdivision: 48 East Condos
- Flood Plain: No
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 641
- Year Built: 2021
- Construction Materials: Concrete
- Direction Faces: East
- Foundation Details: Concrete Perimeter
- Levels: One
- Living Area Source: Public Records
- Property Age: 4
- Property Condition: Resale
- House Style: 1st Floor Entry
- Total Area Sqft: 641
- Year Built Source: Public Records
Utilities
- Sewer: Public Sewer
- Above Ground
- Water Source: Public
