70 Rainey ST # 1608, Austin TX 78701

Austin, TX 78701 | Rainey Residences

Ed's Opinion of Value

$948,980 Ed's Estimate: $1,354,588 $1,865,673
Lowest Comp Recommended List: $1,327,000 to $1,382,000 Highest Comp

Listing History

$1,400,000 List Price
$1,352,696 Comp Value
1 Price Reductions

This property was listed at $1,400,000 and withdrawn after 71 days on market. The price was reduced from $1,450,000 to $1,400,000. This listing activity factors into the valuation.

Based on 4 closed sales in RAINEY RESIDENCES, the data points to a value around $1,354,588 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,327,000 to $1,382,000. Buyers shopping in RAINEY RESIDENCES right now would see this as a well positioned option among 5 comparable homes. Lot size matters here: 0.00 acres versus 0.04 for the typical comp. The strength of this estimate comes from 4 directly comparable sales in RAINEY RESIDENCES. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group
2 Beds
2 Baths 2 Full
1,434 Sq Ft
0.0032 Acres
2018 Built
2 Garage

About This Property

Protected Views. Spacious Corner 2 Bed 2 Bath Unit. Located in the heart of the Rainey Street Entertainment District this highly sought after NW corner floor plan is within Rainey's most luxurious high-rise condo building. The moment you step into the lobby from the private covered building porte cochere you know you have enter a building of quality and elegance.With interiors designed by NYC based Mark Zeff Interiors, and a list of amenities spaces found on 3 floors of the building, 70 Rainey stands apart from anything else in downtown Austin. This unit has gorgeous views of Lady Bird Lake, Multiple Bridges, Downtown High-Rise Shoreline & West toward the Hills. The Lobby is attended 24/7 by 2 private concierges, and has 3 luxurious seating areas for your guests. The 10th floor features an expansive Owner's Lounge, Movie Theater, Bar Area, Dining Area, Caterer's Kitchen, Outdoor pool table, negative edge pool, separate jetted spa, private cabanas, outdoor kitchen, outdoor dining area, pool table and games area and dog park. The 11th floor features a state-of-the-art gym (one of the best in Austin) with most machines facing a dramatic skyline view. Included is a larger balcony, 2 parking spaces in the gated garage, and a private exterior storage unit ideal for bikes, paddle boards & kayaks.

Features

  • Quartz Counters
  • Entrance Foyer
  • Kitchen Island
  • Open Floorplan
  • Pantry
  • Primary Bedroom on Main
  • Walk-In Closet(s)

Location

Schools

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

Property Details

Property Type Residential
Flooring Wood
Cooling Central Air
Heating Central
Exterior Balcony, Dog Run, Lighting, Outdoor Grill
County Travis
MLS # 4966711
Garage 2 spaces

HOA & Community

HOA Fee $1,362 /Monthly
HOA Includes Common Area Maintenance, Maintenance Grounds, Maintenance Structure, Security

Tax Information

Annual Taxes (MLS) $29,303 (2023)

Listing History

MLS# 4966711 71 days (74 CDOM)
Nov 24, 2023 Off Market
Nov 6, 2023 Price Change $1,400,000
Sep 14, 2023 Listed $1,500,000

Frequently Asked Questions About 70 Rainey ST # 1608, Austin TX 78701

When was 70 Rainey ST # 1608, Austin TX 78701 built?

70 Rainey ST # 1608, Austin TX 78701 was built in 2018.

How much does 70 Rainey ST # 1608, Austin TX 78701 cost?

70 Rainey ST # 1608, Austin TX 78701 is currently off market.

Similar Properties

Browse More Properties

Request Tour

Contact Agent

Interested in this property?

Get more information or schedule a tour

By submitting this form, you consent to receive communications from Neuhaus Realty Group via phone, email, or text regarding your property inquiry. You may opt out at any time. Your information will not be shared. See our Privacy Policy.