70 Rainey ST # 1203, Austin TX 78701

Austin, TX 78701 | 70 Rainey Residences

Ed's Opinion of Value

$181,132 Ed's Estimate: $369,160 $774,867
Lowest Comp Recommended List: $550,000 to $568,000 Highest Comp
Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $369,160. To generate strong buyer interest while maximizing value, I'd price this between $550,000 and $568,000. Among the similar homes currently available in 70 RAINEY RESIDENCES, this price point stands out as competitive. The smaller floor plan (172 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2018 construction puts this home 18 years newer than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in 70 RAINEY RESIDENCES; a buyer's market based on recent absorption. The trend in 78701 shows prices have fallen 9.5% in the past 6 months. 70 Rainey ST # 2505, Austin TX 78701 nearby adjusts to $441,797; with a larger floor plan. 7 comparable transactions in 70 RAINEY RESIDENCES support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
1 Beds
1 Baths 1 Full
663 Sq Ft
0.0014 Acres
2018 Built
1 Garage

About This Property

70 Rainey is the best Austin has to offer - Downtown living with modern conveniences and nature at your doorstep! Live a walkable life with unfettered accessibility in a setting that always feels relaxed, and entirely like home. Curated by a crisp white and gold palette. This East-facing residence features unparalleled views from every room. 1 primary bedroom, and 1 luxurious washroom perfectly finished with a combination of natural stone and marble accents. Each room is controlled with electric controlled shades to manage the abundant natural light. 1 parking space allows easy access and close proximity to the residential elevators. 70 Rainey’s 21,000-square-foot amenity deck will inspire and surprise. Including a 72-ft infinity pool overlooking downtown's most premiere cityscape. Outdoor kitchen & fire-pits with Sonos-controlled media for ultimate entertainment. Lavishly planted native trees and garden alcoves will be your place to relax, unwind, and recharge. Private dog park and luxury wash spa for your furry friend. Designed by the internationally renowned landscape architect: Design Workshop

Features

  • Granite Counters
  • No Interior Steps
  • Primary Bedroom on Main
  • Track Lighting

Location

Schools

School District Austin ISD
Elementary Maplewood
Middle School O Henry
High School Austin

Property Details

Property Type Residential
Flooring Wood
Cooling Central Air
Heating Central, Electric
Exterior Balcony, Boat Ramp, Dog Run
County Travis
MLS # 9538727
Garage 1 spaces

HOA & Community

HOA Fee $611 /Monthly
HOA Includes Common Area Maintenance, Maintenance Grounds, Security, Trash

Listing History

MLS# 9538727 23 days
Aug 10, 2023 Off Market
Jun 8, 2023 Listed $599,000

Frequently Asked Questions About 70 Rainey ST # 1203, Austin TX 78701

When was 70 Rainey ST # 1203, Austin TX 78701 built?

70 Rainey ST # 1203, Austin TX 78701 was built in 2018.

How much does 70 Rainey ST # 1203, Austin TX 78701 cost?

70 Rainey ST # 1203, Austin TX 78701 sold on August 10, 2023. Contact us for sale price details.

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