70 Rainey ST # 2307, Austin TX 78701

Austin, TX 78701 | Rainey Street | Built by Flint Co

Off Market

Exterior view of 70 Rainey ST # 2307, Austin TX 78701

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Ed's Opinion of Value

$388,964 Ed's Estimate: $743,850 $1,295,000

Lowest Comp Recommended List: $551,000 to $561,000 Highest Comp

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $743,850. To generate strong buyer interest while maximizing value, I'd price this between $551,000 and $561,000. Among the similar homes currently available in RAINEY STREET, this price point stands out as competitive. There are currently 7 similar homes on the market in RAINEY STREET, ranging from $549,900 to $1,295,000. The trend in 78701 shows prices have fallen 12.8% in the past 6 months. 501 West Ave # 705, Austin TX 78701 nearby adjusts to $659,013; 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

78701 Market Trends

$610,000 Median Sold Price ▼ 12.8% 6mo

$690/sqft Median $/SqFt ▲ 3.5% 6mo

119 days Avg Days on Market 13 days slower

221 homes Active Inventory 12.6 mo supply

94.7% Sale-to-List Ratio

105 Sales (6 months)

Recently Sold Comparables

$659,013 adjusted 501 West Ave # 705, Austin TX 78701 1bd / 2.0ba • 1,092 sqft • 1 mi Sold 4 months ago

$782,232 adjusted 48 East Ave # 2201, Austin TX 78701 2bd / 2.0ba • 1,121 sqft • 0.2 mi Sold 6 months ago

$944,057 adjusted 48 East Ave # 2801, Austin TX 78701 2bd / 2.0ba • 1,121 sqft • 0.2 mi Sold 6 months ago

$388,964 adjusted 800 Embassy DR # 322, Austin TX 78702 2bd / 2.0ba • 1,120 sqft • 0.7 mi Sold 2 months ago

$472,043 adjusted 908 Nueces ST # 46, Austin TX 78701 2bd / 2.0ba • 1,133 sqft • 1.1 mi Sold 10 months ago

Currently on Market

$1,239,000 610 Davis ST # 1805, Austin TX 78701 2bd / 2.0ba • 1,127 sqft • 0.1 mi 24 days on market

$1,295,000 610 Davis ST # 3002, Austin TX 78701 2bd / 2.0ba • 1,166 sqft • 0.1 mi 49 days on market

$735,000 84 East Ave # 1610, Austin TX 78701 2bd / 2.0ba • 1,058 sqft • 0.1 mi 107 days on market

1 Beds

2 Baths 2 Full

1,128 Sq Ft

2019 Built

1 Garage

About This Property

Located on the northeast corner of 70 Rainey, this home has sweeping views of the city, East River, and East Austin. The B1 Floor Plan is a spacious 1-Bedroom w/ a study that can also function as a second bedroom. 70 Rainey residents enjoy 31,000+ SF of indoor + outdoor amenities that are unlike anything in Austin. The 10th floor amenity deck has a zero edge pool & hot tub overlooking Lady Bird Lake and the downtown skyline, and the 11th floor gym is well-equipped with Peloton bikes, saunas, & yoga deck. Developer Unit - never lived in. Sprinkler Sys:Yes

Features

High Ceilings
No Interior Steps
Primary Bedroom on Main
Recessed Lighting
Walk-In Closet(s)
Quartz Counters
Stone Counters

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 Other

Heating Electric

Exterior Balcony, No Exterior Steps, See Remarks

County Travis

MLS # 8348750

Garage 1 spaces

HOA & Community

HOA Fee $819 /Monthly

HOA Includes Common Area Maintenance, Gas, Insurance

Listing History

MLS# 8348750 428 days (426 CDOM)

Apr 1, 2021	Off Market
Dec 3, 2019	Listed		$830,700

Frequently Asked Questions About 70 Rainey ST # 2307, Austin TX 78701

When was 70 Rainey ST # 2307, Austin TX 78701 built?

70 Rainey ST # 2307, Austin TX 78701 was built in 2019.

How much does 70 Rainey ST # 2307, Austin TX 78701 cost?

70 Rainey ST # 2307, Austin TX 78701 sold on April 1, 2021. Contact us for sale price details.

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