#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024This property has sold on March 20, 2026. Looking for something similar? Contact us or browse available homes.
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Property Type
Residential
Year Built
2021
Lot Size
0.00 acres
$/Sq Ft
$917
HOA
$977/mo
Pool
Yes
Listed by Compass RE Texas, LLC
Verified property facts
48 East Ave Unit #2511 is listed at $950,000 with 2 bedrooms, 1 full, 1 half bathrooms, 1,036 square feet, 0.00-acre lot. This places it above the ZIP 78701 single-family, condominium, and townhouse closed-sale median price of $623,500 (ZIP 78701 geography · single-family, condominium, and townhouse closed sales · median sale price · trailing 12 months as of Sep 4, 2026).
48 East Ave Unit #2511 is zoned for Austin ISD with assigned schools: Mathews (10/10) (elementary), O Henry (middle), Austin (7/10) (high). School assignments should be verified directly with the district.
48 East Ave Unit #2511 is a Residential built in 2021 featuring 2 bedrooms, 1 full, 1 half bathrooms, 1,036 square feet, 0.00-acre lot.
48 East Ave Unit #2511 is listed by Compass RE Texas, LLC. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Jun 5, 2026.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Features
Appliances
Flooring
Features
Construction
Foundation
Patio / Porch
Parking
Waterfront
1 record on file
Every recorded listing, sale, and lease at 48 East Ave Unit #2511, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listing timeline with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-7.2% | — | $997,583 | $59,855 | — |
2024+476.5% | — | $1,075,349 | $59,855 | $1,002,496 |
2023 | — | $186,541 | $59,855 | $1,015,494 |
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($190K)
Adjustable assumption - not a lending recommendation.
$950,000
Luxury property intelligence
A sourced read on Downtown Austin pricing, timing, and property scale. No automated valuation claim.
List price
$950,000
Price per sqft
$917/sqft
Vs. Neighborhood guide reference price
+8.6%
$875K · Downtown Austin neighborhood guide · reference price
Days on market
Not available
Original to current
$70K reduction
$1M original
Active inventory context
Ask for current inventory
Price Position in Downtown Austin
Listed 9% above the Downtown Austin neighborhood guide reference price. Downtown Austin neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 5, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
48 East Ave Unit #2511 is priced at $917 per square foot across 1,036 sqft. The Downtown Austin neighborhood guide reference price is $875,000 (Downtown Austin neighborhood guide · reference price).
The most recent annual property tax for 48 East Ave Unit #2511 is $19,221. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
This page does not assume a mortgage rate or publish a monthly payment for 48 East Ave Unit #2511. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Jun 5, 2026, 48 East Ave Unit #2511 is offered at $950,000. The current MLS snapshot shows 213 active listings in 78701. Keenan Group has completed 11 verified transactions in 78701 within its 1,000+ completed transactions and $1B+ career volume across Austin. See Keenan Group's Downtown Austin guide for current neighborhood analysis.
48 East Ave Unit #2511 was built in 2021, making it 5 years old with relatively recent construction.
The MLS listing marks 48 East Ave Unit #2511 as waterfront. The reported waterfront feature is Lake Front. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.
The MLS listing reports HOA or association dues of $977 monthly for 48 East Ave Unit #2511. It does not establish included amenities, services, rules, reserves, or current assessments; verify those items in current association documents.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Downtown Austin is one of Austin's established neighborhoods, zoned for Austin ISD in the 78701 area. The Keenan Group has specialized in Downtown Austin real estate for 25+ years with 1,000+ career transactions. Contact (512) 415-7653 for current market conditions and available homes.
Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)
Very Walkable
Good Transit
Biker's Paradise
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
8 events on record
Current Price
$950,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-7.2% | — | $997,583 | $59,855 | — |
2024+476.5% | — | $1,075,349 | $59,855 | $1,002,496 |
2023 | — | $186,541 | $59,855 | $1,015,494 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Comparable homes that recently closed in this area
Neighborhood guide and local insights
Downtown Austin runs from the Colorado River north to the Capitol, bounded by I-35 to the east and Lamar to the west. It is the densest residential market in Central Texas with high-rise condos, historic lofts, and luxury towers concentrated in distinct sub-districts. The Seaholm District anchors the west end with the Seaholm Residences and the new Google tower reshaping the skyline. Rainey Street sits along the lake's north shore - what was a street of bungalow bars is now flanked by 40-story residential towers including 70 Rainey and The Lakeshore. The Warehouse District between 3rd and 6th Streets draws buyers who want walkable nightlife and restaurant access. Congress Avenue bisects downtown and remains the civic spine connecting the Capitol to the lake. The Austonian (56 floors), The Independent (58 floors), and 360 Condominiums are the marquee towers. Newer projects like Sixth & Guadalupe and The Republic continue adding inventory. Price points range from $400K studio condos to $5M+ penthouses with lake and Hill Country views. Walk Score averages 95+. The MetroRail Red Line stops at downtown station. Major employers including the State of Texas, UT Austin, and a growing tech presence (Google, Meta, Apple satellite offices) generate consistent housing demand. Nightlife, dining, live music, and Lady Bird Lake hike-and-bike trail are all within walking distance. Buyers here are typically professionals, empty nesters downsizing from suburban estates, investors, and out-of-state relocations drawn to Austin's urban core. HOA fees range from $400/month in older buildings to $2,000+ in full-service towers. Most buildings include concierge, pool, fitness center, and secure parking.
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