70 Rainey ST # 2007, Austin TX 78701

Austin, TX 78701 | Rainey Street | Built by FLINTCO

Ed's Opinion of Value

$394,140 Ed's Estimate: $664,059 $1,113,600
Lowest Comp Recommended List: $1,002,000 to $1,005,000 Highest Comp
Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $664,059. To generate strong buyer interest while maximizing value, I'd price this between $1,002,000 and $1,005,000. In the current RAINEY STREET market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. With 7 similar homes currently listed in RAINEY STREET (a buyer's market), competition is a factor to consider. The trend in 78701 shows prices have fallen 23.9% in the past 6 months. 48 East Ave # 2201, Austin TX 78701 nearby adjusts to $792,603; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group
2 Beds
2 Baths 2 Full
1,128 Sq Ft
2018 Built
1 Garage

About This Property

Modern Elegance on Rainey Street. A premier Rainey Street District condo, this corner unit boasts stunning modern interiors with endless Austin views. The open-concept living room and kitchen feature floor-to-ceiling windows, soaring ceilings, and wide-plank hardwood floors throughout. Enjoy the spacious balcony on a high floor to drink your morning coffee with an incredible view. The designer kitchen is an impeccable space with stainless steel appliances, marble countertops, brass hardware, and ample cabinetry. Light pours into the primary bedroom that offers additional floor-to-ceiling windows, a walk-in closet, and a luxurious primary bathroom with high-end fixtures and finishes including dual vanities, a glass-enclosed marble shower, and elegant brass hardware. This residence also features a second bedroom and a full bathroom with equally beautiful finishes. There is an in-unit washer and dryer for your convenience. Luxury Amenities Abound. Seventy Rainey features a full suite of luxury amenities ranging from relaxation and rejuvenation to fun and functionality. The infinity pool overlooks Lady Bird Lake and the downtown Austin skyline. There are multiple sundecks and covered outdoor dining areas with TVs and grills for your entertainment. Lush landscaping makes the terrace feel like a green garden in the sky. Take advantage of the incredible outdoor common area with turf, a pool table, a well-appointed dog park, and a fire pit and lounge areas. Indoor common areas are perfect for work or pleasure, with plenty of space for relaxation or productivity, including lounge areas, dining space, a theater room, and a state-of-the-art fitness center. A Prime Rainey Street District Location. Situated in the heart of Rainey, enjoy the incredible nightlife and restaurants Rainey Street, downtown, and East Austin have to offer just moments from your door. 24 Hour Advance Showing Notice.

Features

  • Breakfast Bar
  • High Ceilings
  • Quartz Counters
  • Double Vanity
  • Primary Bedroom on Main
  • Recessed Lighting
  • Stackable W/D Connections
  • 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 Tile, Wood
Cooling Central Air
Heating Central
Exterior Balcony
County Travis
MLS # 5926592

Parking

Garage 1 spaces

HOA & Community

HOA Fee $913 /Monthly
HOA Includes Common Area Maintenance, Gas, Maintenance Grounds, Maintenance Structure, Parking, Security, Trash

Tax Information

Annual Taxes $20,674 (2022)

Listing History

MLS# 5926592 4 days (3 CDOM)
Jun 3, 2022 Off Market
Apr 28, 2022 Listed $1,190,000

Frequently Asked Questions About 70 Rainey ST # 2007, Austin TX 78701

When was 70 Rainey ST # 2007, Austin TX 78701 built?

70 Rainey ST # 2007, Austin TX 78701 was built in 2018.

How much does 70 Rainey ST # 2007, Austin TX 78701 cost?

70 Rainey ST # 2007, Austin TX 78701 sold on June 3, 2022. Contact us for sale price details.

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