ActiveResidential · sale

44 East

Austin, TX 78701

$1,675,000

  • 3 beds
  • 3 baths
  • 2,032 sq ft
  • Built 2019

Listed by Douglas Elliman Real Estate · MLS #ACT4660704

A FEW THINGS TO NOTICE

What stands out.

Living spaces

The floor plan opens immediately into a sprawling living room where floor-to-ceiling glass walls bring the outdoors inside.

Details worth a look

The building amenities, designed by Michael Hsu Office of Architecture, include a spacious pool deck with outdoor cooking stations, a fitness center, and a yoga studio.

Year built

Built in 2019.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Living in the Rainey District means having the hike-and-bike trail as your backyard and the best of Austin's food scene just a short walk from your front door. Offered as the most favorably priced 3-bedroom, 3-full-bathroom unit available on a $/sqft basis in the Rainey Street District, 44 East Ave #2701 is designed for those who want a front-row seat to Lady Bird Lake. The floor plan opens immediately into a sprawling living room where floor-to-ceiling glass walls bring the outdoors inside. In the kitchen, Italian cabinetry and quartz countertops wrap around a high-end Bosch appliance package, creating a space that is as efficient as it is for hosting a multi-course dinner. Unlike many high-rise layouts, this unit offers 2 separate balconies, allowing you to step outside from different areas of the home to take in the south-facing views of the water and the city. The primary suite features a large walk-in closet and a bath with premium finishes. A second bedroom also includes its own attached bathroom, making it an ideal setup for long-term guests or a quiet home office. 44 East Ave was designed with a focus on daily ease. On the ground floor, you’ll find a coffee lounge and a 24-hour desk attendant to handle deliveries and guest arrivals. The building amenities, designed by Michael Hsu Office of Architecture, include a spacious pool deck with outdoor cooking stations, a fitness center, and a yoga studio. For those who work from home, the building provides dedicated meeting spaces and a game room for mid-day breaks. This Rainey District location puts you less than 10 minutes from the Austin Airport and provides immediate access to I-35 for quick travel across the city. You are steps from the vibrant downtown lifestyle and the serene shaded paths of Lady Bird Lake. With two reserved parking spaces included, this 44 East Ave residence offers a rare combination of significant square footage and high-floor views in the heart of the most active neighborhood in Austin.

THE NEIGHBORHOOD

Explore the location.

44 East, Austin, TX 78701

Loading property map…

Map position comes from the listing source. Open directions in Google Maps

THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2019
Full baths
3
Half baths
0
Garage spaces
2
Cooling
Central Air
Heating
Central
Appliances
Built-In Oven(s), Built-In Refrigerator, Dishwasher, Disposal, Gas Cooktop, Microwave, Stainless Steel Appliance(s), Vented Exhaust Fan
Flooring
Tile, Wood
Fencing
None
Accessibility
None
Pool features
None
Subdivision
44 East Ave Condos
Parcel
02030324670000
HOA
44 East Ave Condos
HOA amenities
Common Area Maintenance, Insurance, Maintenance Grounds, Maintenance Structure, Trash
HOA fee frequency
Monthly
Elementary school
Mathews
Middle school
O Henry
High school
Austin
Annual property tax
$28,450.90
HOA fee
$1,697.97

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase$978.83
Estimated monthly rent$6,979.17
Cap rate0.95%

Annual operating income: $15,933.49

Have ERA review this rental estimate

Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

YOUR CAREER. YOUR NEXT CHAPTER.

Find your place in real estate.

Just getting started?

Explore real estate education and available licensing courses through ARTI Academics.

Become a real estate agent

Ready to work with ERA?

Discover the people, broker support, technology and education behind an ERA real estate career.

Join ERA Brokers

Moving for work?

Explore ERA Corporate Services for relocation assistance, employer programs, and information for veterans and military families.

Explore Corporate Services
Contact ERA about this property

Ask about this property.

44 East, Austin, TX 78701 · MLS #ACT4660704

Your preferred tour

Times are local to the property. Your tour is not scheduled until an agent confirms.

Your purchase plans

Property inquiries go to help@erabrokers.com.

More in Austin.

Listing information

MLS #ACT4660704 · Austin Board of Realtors

Listing brokerage: Douglas Elliman Real Estate
Listing agent: Jeff Burke

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.