70 Rainey ST # 2901, Austin TX 78701

Austin, TX 78701 | 70 Rainey Residences

Ed's Opinion of Value

$2,275,218 Ed's Estimate: $2,831,518 $4,161,718
Lowest Comp Recommended List: $3,395,000 to $3,710,000 Highest Comp
Reviewing the most recent comparable transactions, this home's market value falls around $2,831,518. For a well positioned listing in 70 RAINEY RESIDENCES, I'd target the $3,395,000 to $3,710,000 range. At this price, the property would be the most affordable of 3 comparable homes on the market comparable homes currently on the market in 70 RAINEY RESIDENCES. At 116 sqft larger than the typical comp, the size difference factors into the valuation. The 2018 construction puts this home 23 years newer than the comp average, a factor in the pricing. There are currently 3 similar homes on the market in 70 RAINEY RESIDENCES, ranging from $2,999,000 to $3,999,999. Recent trends in 78701 show home values have fallen 24.1% since 6 months ago. The most comparable recent sale is 70 Rainey ST # 2701, Austin TX 78701, with an adjusted value of $2,800,000; a strong comparable. 7 comparable transactions in 70 RAINEY RESIDENCES support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
3 Beds
3 Baths 3 Full
2,851 Sq Ft
0.06 Acres
2018 Built
3 Garage

About This Property

Expansive 3 BD | 3 BA with a serene home office at 70 Rainey, Austin’s most coveted vertical living. Take in soaring sunsets through the floor-to-ceiling windows on the building’s southwest corner (E2 floor plan). Unwind on the spacious balcony with unrivaled views of Lady Bird Lake and the Austin skyline.

This distinguished home is full of designer extras from Sojourn Design House including custom wallpapers, paint colors and light fixtures. High-end finishes like fantastic closets in all three bedrooms, mini bar in the owner’s suite, hand crafted built-ins by Growler Domestics, motorized shades, cloud lighting ceiling, and full home automation from HAAS. This premier residence has additional privacy and security on the 29th floor and includes three parking spaces and a storage unit, covered with custom panels by Austin American Awning Co.

Downtown Austin’s 70 Rainey is a high rise of unmatched distinction with 164 residences and direct access to nature via the Ann and Roy Butler Hike and Bike Trail. Resort-style amenities include a car wash, media room, 24-hour concierge and a soaring 21,000 square-foot amenity deck with 72-ft infinity pool, cabanas, outdoor kitchen and fire pits, private dog park with wash spa, and fitness studio with Peloton bikes. Live an elevated lifestyle on Rainey St.

Features

  • Bar
  • Ceiling Fan(s)
  • High Ceilings
  • Chandelier
  • Double Vanity
  • Electric Dryer Hookup
  • Eat-in Kitchen
  • High Speed Internet
  • Kitchen Island
  • Natural Woodwork
  • No Interior Steps
  • Open Floorplan
  • Pantry
  • Primary Bedroom on Main
  • Recessed Lighting
  • Smart Home
  • Sound System
  • Storage
  • Walk-In Closet(s)
  • Wired for Sound

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, ENERGY STAR Qualified Equipment
Exterior Balcony, No Exterior Steps
County Travis
MLS # 4888844

Parking

Garage 3 spaces

HOA & Community

HOA Fee $2,369 /Monthly
HOA Includes Common Area Maintenance, Insurance, Internet, Landscaping, Maintenance Grounds, Security, Trash

Tax Information

Annual Taxes $41,171 (2021)

Listing History

MLS# 4888844 31 days
Apr 28, 2022 Off Market
Mar 15, 2022 Listed $4,100,000

Frequently Asked Questions About 70 Rainey ST # 2901, Austin TX 78701

When was 70 Rainey ST # 2901, Austin TX 78701 built?

70 Rainey ST # 2901, Austin TX 78701 was built in 2018.

How much does 70 Rainey ST # 2901, Austin TX 78701 cost?

70 Rainey ST # 2901, Austin TX 78701 sold on April 28, 2022. Contact us for sale price details.

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