70 Rainey ST # 3007, Austin TX 78701

Austin, TX 78701 | 70 Rainey | Built by Flint Co

Off Market

Exterior view of 70 Rainey ST # 3007, Austin TX 78701

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Ed's Opinion of Value

$387,659 Ed's Estimate: $716,211 $1,239,000

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

7 recent sales within a mile of this address suggest a current value of $716,211. My recommended list price range for this property would be $551,000 to $561,000. In the current 70 RAINEY market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. Right now, 7 similar properties are competing for buyers in 70 RAINEY, listed between $549,900 and $1,295,000. In 78701, home values have fallen approximately 9% over the past 6 months. One of the strongest data points is 501 West Ave # 705, Austin TX 78701, adjusting to $657,078; a strong comparable. Based on 7 relevant data points in 70 RAINEY, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX

78701 Market Trends

$613,500 Median Sold Price ▼ 9% 6mo

$691/sqft Median $/SqFt ▲ 3.7% 6mo

117 days Avg Days on Market 9 days slower

228 homes Active Inventory 12.9 mo supply

94.8% Sale-to-List Ratio

106 Sales (6 months)

Recently Sold Comparables

$657,078 adjusted 501 West Ave # 705, Austin TX 78701 1bd / 2.0ba • 1,092 sqft • 1 mi Sold 4 months ago

$779,630 adjusted 48 East Ave # 2201, Austin TX 78701 2bd / 2.0ba • 1,121 sqft • 0.2 mi Sold 6 months ago

$940,914 adjusted 48 East Ave # 2801, Austin TX 78701 2bd / 2.0ba • 1,121 sqft • 0.2 mi Sold 6 months ago

$387,659 adjusted 800 Embassy DR # 322, Austin TX 78702 2bd / 2.0ba • 1,120 sqft • 0.7 mi Sold 2 months ago

$470,483 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 30 days on market

$549,900 908 Nueces ST # 18, Austin TX 78701 2bd / 2.0ba • 1,150 sqft • 1.1 mi 180 days on market

$875,000 200 Congress Ave # 14A, Austin TX 78701 1bd / 2.0ba • 1,225 sqft • 0.5 mi 71 days on market

1 Beds

2 Baths 2 Full

1,128 Sq Ft

2018 Built

1 Garage

About This Property

Located on the northeast corner of 70 Rainey, this home has sweeping views of the city and East Austin. The B1 Floor Plan is a spacious 1-Bedroom w/ a study that can also function as a second bedroom. On the 30th floor, it has increased ceiling height. 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.

Features

High Ceilings
Double Vanity
Kitchen Island
Primary Bedroom on Main
Stackable W/D Connections

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

County Travis

MLS # 2742568

Garage 1 spaces

HOA & Community

HOA Fee $655 /Monthly

HOA Includes Common Area Maintenance, Gas, Trash

Tax Information

Annual Taxes (MLS) $3,318 (2020)

Listing History

MLS# 2742568 34 days (29 CDOM)

Dec 28, 2020	Off Market
Nov 20, 2020	Pending
Oct 22, 2020	Listed	$880,000

Frequently Asked Questions About 70 Rainey ST # 3007, Austin TX 78701

When was 70 Rainey ST # 3007, Austin TX 78701 built?

70 Rainey ST # 3007, Austin TX 78701 was built in 2018.

How much does 70 Rainey ST # 3007, Austin TX 78701 cost?

70 Rainey ST # 3007, Austin TX 78701 sold on December 28, 2020. Contact us for sale price details.

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