70 Rainey ST # 1408, Austin TX 78701

Off Market

No photos available

Ed's Opinion of Value

$948,873 Ed's Estimate: $1,298,641 $1,680,662

Lowest Comp Recommended List: $1,386,000 to $1,425,000 Highest Comp

The market data from 7 similar recent sales in 70 RAINEY points to a value of approximately $1,298,641. To sell within a reasonable timeframe at fair market value, the $1,386,000 to $1,425,000 range is where I'd position this. With 5 comparable homes on the market in 70 RAINEY, this price positions the property as the 2nd least expensive of 5 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.07 acre comp average, which factors into pricing. The active market in 70 RAINEY includes 5 comparable homes priced from $1,165,000 to $1,495,000. In 78701, home values have fallen approximately 13.3% over the past 6 months. One of the strongest data points is 44 East Ave # 4302, Austin TX 78701, adjusting to $1,472,751; a strong comparable. 7 comparable transactions in 70 RAINEY 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

78701 Market Trends

$650,000 Median Sold Price ▼ 13.3% 6mo

$632/sqft Median $/SqFt ▼ 9.4% 6mo

115 days Avg Days on Market 9 days slower

210 homes Active Inventory 17 mo supply

94.5% Sale-to-List Ratio

74 Sales (6 months)

Recently Sold Comparables

$1,472,751 adjusted 44 East Ave # 4302, Austin TX 78701 2bd / 2.0ba • 1,411 sqft • 0.2 mi Sold 2 months ago

$948,873 adjusted 210 Lavaca ST # 2311, Austin TX 78701 2bd / 3.0ba • 1,423 sqft • 0.7 mi Sold 4 months ago

$1,361,324 adjusted 301 West Ave # 2306, Austin TX 78701 2bd / 2.0ba • 1,490 sqft • 1 mi Sold 7 months ago

$1,680,662 adjusted 200 Congress Ave # 26C, Austin TX 78701 2bd / 2.0ba • 1,464 sqft • 0.6 mi Sold 8 months ago

$1,110,685 adjusted 501 West Ave # 904, Austin TX 78701 2bd / 2.0ba • 1,327 sqft • 1 mi Sold 2 months ago

Currently on Market

$1,425,000 70 Rainey ST # 1908, Austin TX 78701 2bd / 2.0ba • 1,434 sqft • 0.1 mi 27 days on market

$1,295,000 84 East Ave # 4005, Austin TX 78701 2bd / 2.0ba • 1,406 sqft • 0.1 mi 2 days on market

$1,399,000 84 East Ave # 4001, Austin TX 78701 2bd / 2.0ba • 1,474 sqft • 0.1 mi 131 days on market

2 Beds

2 Baths 2 Full

1,434 Sq Ft

0.0032 Acres

2018 Built

2 Garage

About This Property

Welcome to your urban oasis in the heart of Austin! This beautiful 2-bedroom, 2-bathroom condo on the 14th floor boasts breathtaking views of Lady Bird Lake and the stunning city skyline, allowing you to enjoy mesmerizing sunsets from your own home. The spacious open-concept layout is perfect for entertaining, featuring modern finishes and abundant natural light from floor-to-ceiling windows. The well-appointed kitchen, with modern appliances, offers ample space and functionality for your culinary adventures. Retreat to the luxurious primary suite with its own ensuite bathroom, while the versatile second bedroom features a convenient Murphy bed, perfect for guests or transforming into a stylish home office. Enjoy resort-style amenities, including a hot tub, cold plunge, sauna, movie theatre, and dog park, all within a vibrant community that puts you just steps away from the best dining, shopping, and entertainment Austin has to offer. Don’t miss your opportunity to live in this luxurious condo with incredible views and an unbeatable location!

Features

Built-in Features
Ceiling Fan(s)
Quartz Counters
Kitchen Island
Murphy Bed
Open Floorplan
Pantry
Primary Bedroom on Main
Stackable W/D Connections
Walk-In Closet(s)

Location

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Schools

School District Austin ISD

Elementary Mathews

Middle School O Henry

High School Austin

Property Details

Property Type Residential

Flooring Tile, Wood

Cooling Ceiling Fan(s), Central Air

Heating Electric

Exterior Balcony

County Travis

MLS # 8059740

Parking

Garage 2 spaces

HOA & Community

HOA Fee $1,455 /Monthly

HOA Includes See Remarks

Tax Information

Annual Taxes $23,506 (2024)

Listing History

MLS# 8059740 - Updated Mar 12, 2026 222 days

Jun 18, 2025	Off Market
Jan 3, 2025	Price Change	$1,399,999
Oct 22, 2024	Listed	$1,525,000

Frequently Asked Questions About 70 Rainey ST # 1408, Austin TX 78701

When was 70 Rainey ST # 1408, Austin TX 78701 built?

70 Rainey ST # 1408, Austin TX 78701 was built in 2018.

How much does 70 Rainey ST # 1408, Austin TX 78701 cost?

70 Rainey ST # 1408, Austin TX 78701 sold on June 18, 2025. Contact us for sale price details.

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Oct 14, 2022	Off Market
Jun 10, 2022	Listed		$1,995,000