70 Rainey ST # 2607, Austin TX 78701

Austin, TX 78701 | 70 Rainey Residences

Ed's Opinion of Value

$394,176 Ed's Estimate: $680,931 $1,295,000
Lowest Comp Recommended List: $560,000 to $570,000 Highest Comp
Based on 7 closed sales in 70 RAINEY RESIDENCES, the data points to a value around $680,931 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $560,000 to $570,000. This home's position in the current 70 RAINEY RESIDENCES market: the 2nd least expensive of 7 comparable homes on the market among comparable properties. With 7 similar homes currently listed in 70 RAINEY RESIDENCES (a buyer's market), competition is a factor to consider. Market data shows 78701 prices fallen 15.9% over the last half year. The closest comparable sale, 48 East Ave # 2201, Austin TX 78701 at an adjusted $792,635, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 70 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
1,128 Sq Ft
2018 Built
1 Garage

About This Property

Located in the Rainey Street Historic District, 70 Rainey is the definition of luxury.  With dedicated 24/7 Concierge, the building offers over 31,000 sq ft of total amenity space.  On the 10th floor, there's a 2,200 sq ft fitness center that rivals premier fitness establishments, boasting a steam shower and dry-heat sauna.  In addition to the fitness center, is a 72 ft long infinity pool directly overlooking Lady bird lake and downtown Austin.  Imagine bbq social hours at the deck's outdoor lounge that has fire pits, grill-equipped kitchen and pool side cabanas. Now let's talk about your residence...situated on the 26th floor with panoramic views of lady bird lake and downtown Austin, the 2 bedroom, 2 bath 1128 sq feet residence with a private balcony, features contemporary high end finishes with clean lines, classic elegance, and organic elements. Each bedroom is furnished with a custom closet, Westin Heavenly Bed mattress with the finest hotel sheets in cotton percale satin stitched edges and contemporary dressers.  The master bedroom and living room are also equipped with YouTube TV, a streaming service boasting over 85+ broadcast, cable and regional live sports, and unlimited DVR space to record your favorite shows.  The condo has great natural light coming through the 'floor to ceiling' windows which are equipped with remote controlled motorized solar shades. The residence is beautifully furnished with original artwork from Gregory Gove. SOLD FULLY FURNISHED.

Features

  • Built-in Features
  • High Ceilings
  • Open Floorplan
  • Primary Bedroom on Main
  • Recessed Lighting
  • Walk-In Closet(s)
  • Wired for Data

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
County Travis
MLS # 6354935
Garage 1 spaces

HOA & Community

HOA Fee $909 /Monthly
HOA Includes Hot Water, Insurance, Landscaping, Maintenance Grounds, Maintenance Structure, Security

Listing History

MLS# 6354935 74 days
Jun 10, 2022 Off Market
Mar 10, 2022 Price Change $1,399,000
Feb 10, 2022 Listed $1,450,000

Frequently Asked Questions About 70 Rainey ST # 2607, Austin TX 78701

When was 70 Rainey ST # 2607, Austin TX 78701 built?

70 Rainey ST # 2607, Austin TX 78701 was built in 2018.

How much does 70 Rainey ST # 2607, Austin TX 78701 cost?

70 Rainey ST # 2607, Austin TX 78701 sold on June 10, 2022. Contact us for sale price details.

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