48 East Ave #1604

About This Home

****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.

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Luke Allen (TREC #788149) has deep knowledge of Austin and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.