70 Rainey ST # 2807, Austin TX 78701

Austin, TX 78701 | Rainey | Built by Flintco

Off Market

Exterior view of 70 Rainey ST # 2807, Austin TX 78701

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Ed's Opinion of Value

$388,896 Ed's Estimate: $727,180 $1,295,000

Lowest Comp Recommended List: $577,000 to $587,000 Highest Comp

Taking into account 7 nearby comparable sales, this property's estimated value comes to $727,180. If we were to list this property today, I'd recommend a list price in the $577,000 to $587,000 range. This home's position in the current RAINEY market: the 2nd least expensive of 7 comparable homes on the market among comparable properties. Right now, 7 similar properties are competing for buyers in RAINEY, listed between $574,900 and $1,295,000. The 6 month price trend in 78701: fallen 24.1%. The best comp here is 501 West Ave # 705, Austin TX 78701 at an adjusted value of $658,707, a strong comparable. The strength of this estimate comes from 7 directly comparable sales in RAINEY. 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

78701 Market Trends

$569,548 Median Sold Price ▼ 24.1% 6mo

$643/sqft Median $/SqFt ▼ 3.6% 6mo

120 days Avg Days on Market 9 days slower

241 homes Active Inventory 14.8 mo supply

94.7% Sale-to-List Ratio

98 Sales (6 months)

Recently Sold Comparables

$658,707 adjusted 501 West Ave # 705, Austin TX 78701 1bd / 2.0ba • 1,092 sqft • 1 mi Sold 2 months ago

$782,172 adjusted 48 East Ave # 2201, Austin TX 78701 2bd / 2.0ba • 1,121 sqft • 0.2 mi Sold 4 months ago

$943,997 adjusted 48 East Ave # 2801, Austin TX 78701 2bd / 2.0ba • 1,121 sqft • 0.2 mi Sold 5 months ago

$388,896 adjusted 800 Embassy DR # 322, Austin TX 78702 2bd / 2.0ba • 1,120 sqft • 0.7 mi Sold 1 months ago

$472,085 adjusted 908 Nueces ST # 46, Austin TX 78701 2bd / 2.0ba • 1,133 sqft • 1.1 mi Sold 9 months ago

Currently on Market

$999,999 48 East Ave # 1301, Austin TX 78701 2bd / 2.0ba • 1,121 sqft • 0.2 mi 27 days on market

$1,113,600 610 Davis ST # 2502, Austin TX 78701 2bd / 2.0ba • 1,166 sqft • 0.1 mi 227 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

1 Beds

2 Baths 2 Full

1,128 Sq Ft

2019 Built

1 Garage

About This Property

FURNITURE INCLUDED AT LIST PRICE! The progressive B1 floor plan has north+east-facing views with sizable windows in each room allowing for abundant natural light. Flexible floor plan allows for 2 bedrooms or a master + den and boasts a large balcony off of the north end of the building. High-end finishes and selections throughout by the acclaimed MARKZEFF. Set in one of Austin's most vibrant neighborhoods, 70 Rainey is comprised of 164 residences & over 31,000sqft of indoor+outdoor resort-style amenities.

Features

Double Vanity
No Interior Steps
Primary Bedroom on Main
Recessed Lighting
Walk-In Closet(s)

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 Evaporative Cooling

Heating Electric

Exterior Balcony

County Travis

MLS # 6650996

Parking

Garage 1 spaces

HOA & Community

HOA Fee $655 /Monthly

HOA Includes Common Area Maintenance, Gas, Landscaping, Maintenance Structure, Trash

Tax Information

Annual Taxes $3,318 (2019)

Listing History

MLS# 6650996 202 days

Nov 2, 2020	Off Market
Sep 18, 2020	Pending
Jul 8, 2020	Price Change	$865,000
Feb 29, 2020	Listed	$879,300

Frequently Asked Questions About 70 Rainey ST # 2807, Austin TX 78701

When was 70 Rainey ST # 2807, Austin TX 78701 built?

70 Rainey ST # 2807, Austin TX 78701 was built in 2019.

How much does 70 Rainey ST # 2807, Austin TX 78701 cost?

70 Rainey ST # 2807, Austin TX 78701 sold on November 2, 2020. Contact us for sale price details.

Similar Properties

$629,999 501 West Ave # 2502, Austin TX 78701 1 bd | 2 ba

$607,500 2306 Santa Maria ST, Austin TX 78702 2 bd | 2 ba

$610,000 3015 Burning Oak DR # 2, Austin TX 78704 2 bd | 2 ba

$615,000 44 East Ave # 2509, Austin TX 78701 2 bd | 2 ba

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