70 Rainey ST # 2604, Austin TX 78701

Austin, TX 78701 | 70 Rainey

Ed's Opinion of Value

$699,000 Ed's Estimate: $1,195,741 $1,550,000
Lowest Comp Recommended List: $812,000 to $822,000 Highest Comp
Based on what similar homes have actually sold for within a mile, I'd place this property's value at $1,195,741. I'd recommend coming to market at $812,000 to $822,000 to strike the right balance between value and market velocity. With 3 comparable homes on the market in 70 RAINEY, this price positions the property as the most expensive of 3 comparable homes on the market. Built in 2018, this home is 18 years newer than the average comp, which is reflected in the adjustments. The 0.00 acre lot (smaller than the 0.07 acre average) is reflected in the estimate. 3 similar homes are currently available in 70 RAINEY, creating a buyer's market for this price range. The trend in 78701 shows prices have fallen 24.1% in the past 6 months. 70 Rainey ST # 1408, Austin TX 78701 nearby adjusts to $1,397,043; with a smaller floor plan. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group
3 Beds
3 Baths 3 Full
1,743 Sq Ft
2018 Built
2 Garage

About This Property

Imagine the possibilities of living in a fully furnished luxury residence in an iconic building with one of the best views anywhere all within walking distance of entertainment, restaurants and the coveted Lady Bird Lake Trail. Within the building you will have access to the best
of the best with 31,000+ feet of amenity space including a fitness center, outdoor lounge and kitchen, poolside
cabanas and an infinity edge pool. Workout facilities include a yoga terrace, locker rooms, steam showers and sauna in
addition to a full array of workout equipment. Designed by Page Architects and MARKZEFF designed interiors, 70
Rainey is a design masterpiece. The residence is located on the 26th floor and includes 1743 square feet with 2
primary bedrooms and a third bedroom that includes a Murphy Bed that when folded up allows for a great space for
yoga or an office to get some work done. All three bedrooms include an ensuite bath. The terrace provides one of the
best views of the beautiful Lady Bird Lake, the Austin Skyline and the surrounding hill country. The finishes are
exquisite and it will be a wonderful place to call home or your little get away. The two included parking spaces have EV
charging capabilities.

Features

  • Quartz Counters
  • Murphy Bed
  • Primary Bedroom on Main
  • Smart Thermostat
  • Walk-In Closet(s)
  • See Remarks

Location

Schools

School District Austin ISD
Elementary Travis
Middle School Lamar (Austin ISD)
High School Austin

Property Details

Property Type Residential Lease
Flooring Tile, Wood
Cooling Central Air
Heating Central
Exterior See Remarks
County Travis
MLS # 6948672

Parking

Garage 2 spaces

Listing History

MLS# 6948672 24 days
May 15, 2024 Off Market
Apr 13, 2024 Listed $9,500

Frequently Asked Questions About 70 Rainey ST # 2604, Austin TX 78701

When was 70 Rainey ST # 2604, Austin TX 78701 built?

70 Rainey ST # 2604, Austin TX 78701 was built in 2018.

How much does 70 Rainey ST # 2604, Austin TX 78701 cost?

70 Rainey ST # 2604, Austin TX 78701 sold on May 15, 2024. Contact us for sale price details.

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