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$1,595,000
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Condo -
In Contract
70 Rainey ST #1704
Austin, TX 78701
2 Beds
2 Baths
1321 Sqft
$12,265
Estimated Monthly
$1,215
HOA / Fees
-0.74%
Cap Rate
About This Property
Welcome to unit 1704 at the award-winning 70 Rainey residential
tower in the Historic Rainey St. District. Being brought to the
market for the first time since construction, unit 1704 boasts
amazing up-river views of Lady Bird Lake and the famed Hill
Country. This two-bedroom, two-bathroom unit has never been used as
a full-time residence. The owners have only stayed in the unit a
handful of times over the past 5 years and have never leased the
condo. Unit 1704, situated within the central vertical stack, holds
an enviable position as the most sought-after vertical stack in the
building. Its strategic location shields it from the noise and
activity of Rainey Street, creating a serene and peaceful
environment -especially on the balcony. The historic Mexican
American Cultural Center safeguards the views from the residence,
ensuring that the prospect of new tall buildings impeding the view
remains slim. It's positioning on the 17th floor offers the perfect
vantage point for panoramic views of the surrounding Hill Country,
while maintaining a connection to the lively activities below. Unit
1704 includes 2 secure parking spaces and a contiguous storage unit
on the sixth floor. The parking stalls are conveniently oriented
for direct head-in parking and are located near the elevator,
maximizing ease of use. There are few buildings in Downtown Austin
along the water's edge, and 70 Rainey is one of them. Unlike almost
all residential towers in Downtown Austin, the 70 Rainey Tower
features a pull-in Porte-Cochere, offering convenient temporary
parking off Rainey Street. Since the tower's completion in 2018,
the design of 70 Rainey has garnered industry awards and other
recognition for features like its "Sky Garden," the
20,000-square-foot amenity deck by international landscape
architecture firm Design Workshop. Likewise, 70 Rainey was
recognized with a Gold Multi-Housing News 2020 Excellence Award in
the category of "Best Development and Design" for high-rise
projects.
Unit Size
1,321Ft²
Days on Market
-
Land Size
0.00 acres
Price per sqft
$1,207
Property Type
Condo
Property Taxes
$3,218
HOA Dues
$1,215
Year Built
2017
Listed By
Last updated: 21 days ago (Unlock MLS #ACT1775975)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Apr 17, 2024 | In contract | - | |
In contract | |||
Feb 15, 2024 | Listed by Kuper Sotheby's Int'l Realty | $1,595,000 | |
Listed by Kuper Sotheby's Int'l Realty |
Property Highlights
Parking Available
Garage
Air Conditioning
Fireplace
With View
Parking Details
Covered Spaces: 2
Total Number of Parking: 2
Parking Features: Alley Access, Assigned, Attached, Covered, Deeded, Electric Gate
Garage Spaces: 2
Interior Details
Bathroom Information
Full Bathrooms: 2
Interior Information
Interior Features: Breakfast Bar, Ceiling Fan(s), High Ceilings, Granite Counters, Double Vanity, Gas Dryer Hookup, High Speed Internet, No Interior Steps, Open Floorplan, Pantry, Primary Bedroom on Main, Recessed Lighting, Smart Thermostat, Soaking Tub, Storage, Walk-In Closet(s), Washer Hookup
Appliances: Built-In Oven(s), Dishwasher, Disposal, Dryer, Freezer, Gas Cooktop, Microwave, Refrigerator, Self Cleaning Oven, Washer, Wine Refrigerator
Flooring Type: Wood
Cooling: Central Air
Heating: Central
Living Area: 1321
Room 1
Level: Main
Type: Primary Bedroom
Features: Ceiling Fan(s), Pocket Doors
Room 2
Level: Main
Type: Primary Bathroom
Features: Granite Counters, Double Vanity
Room 3
Level: Main
Type: Kitchen
Features: Breakfast Bar, Open to Family Room
Fireplace Information
Fireplace Features: None
Exterior Details
Property Information
Property Type: Residential
Property Sub Type: Condominium
Green Energy Efficient
Property Condition: Resale
Year Built: 2018
Year Built Source: Public Records
Unit Style: Tower (14+ Stories)
View Desription: Bridge(s), City, Downtown, Hill Country, River, Water
Fencing: None
Spa Features: Hot Tub
Building Information
Levels: One
Construction Materials: See Remarks
Foundation: Slab
Roof: Membrane
Exterior Information
Exterior Features: Balcony
Pool Information
Pool Features: Rooftop Pool
Lot Information
Lot Features: Views
Lot Size Acres: 0.003
Lot Size Square Feet: 130.68
Land Information
Water Source: Public
Financial Details
Tax Year: 2023
Tax Annual Amount: $38,616
Utilities Details
Water Source: Public
Sewer : MUD
Utilities For Property: Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
Location Details
Directions: From Cesar Chavez headed east, turn right on Red River, take left on Davis, right on Rainey. Turn right into Porte-Cochére and go up into parking garage. Guest Parking on the third floor
Community Features: BBQ Pit/Grill, Bike Storage/Locker, Business Center, Cluster Mailbox, Common Grounds, Concierge, Conference/Meeting Room, Controlled Access, Dog Park, Fitness Center, Garage Parking, High Speed Internet, Lake, Lock and Leave, Maintenance On-Site, Media Center/Movie Theatre, Package Service, Park, Pet Amenities, Pool, Property Manager On-Site, Recycling Area/Center, Hot Tub, Storage, Walk/Bike/Hike/Jog Trail(s
Other Details
Association Fee Includes: Common Area Maintenance, Insurance, Landscaping, Maintenance Grounds, Maintenance Structure, Parking, Security
Association Fee: $1,215
Association Fee Freq: Monthly
Association Name: 70 Rainey Street HOA
Selling Agency Compensation: 3.000
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Condo
2
Beds
2
Baths
1,376 ft²
$1,017/ft²
$1,400,000
Mar 7, 2024
-
Nov 30, -0001
$2,776/mo
Sold
Condo
2
Beds
2
Baths
1,411 ft²
$1,127/ft²
$1,590,000
Jan 3, 2024
-
Nov 30, -0001
$3,188/mo
Condo
2
Beds
2
Baths
1,474 ft²
$1,153/ft²
$1,699,000
May 30, 2023
-
Nov 30, -0001
$2,934/mo
Condo
2
Beds
2
Baths
1,474 ft²
$1,204/ft²
$1,774,000
Nov 17, 2023
-
Nov 30, -0001
$3,110/mo
Condo
2
Beds
2
Baths
1,474 ft²
$1,218/ft²
$1,795,000
Dec 8, 2023
-
Nov 30, -0001
$3,416/mo
Condo
2
Beds
2
Baths
1,325 ft²
$1,132/ft²
$1,500,000
Dec 19, 2023
-
Nov 30, -0001
$2,745/mo
In Contract
Condo
2
Beds
3
Baths
1,423 ft²
$1,121/ft²
$1,595,000
Feb 28, 2024
-
$4,442/mo
Active
Condo
2
Beds
2
Baths
1,232 ft²
$1,096/ft²
$1,350,000
Feb 2, 2024
-
$2,668/mo
Active
Condo
2
Beds
2
Baths
1,228 ft²
$1,217/ft²
$1,495,000
Mar 27, 2024
-
$2,899/mo
Active
Condo
2
Beds
2
Baths
1,321 ft²
$1,211/ft²
$1,600,000
Mar 13, 2023
-
$3,174/mo
Active
Condo
2
Beds
2
Baths
1,464 ft²
$1,042/ft²
$1,525,000
Jan 3, 2024
-
$3,603/mo
Active
Condo
2
Beds
2
Baths
1,299 ft²
$1,078/ft²
$1,400,000
Jun 30, 2022
-
$3,032/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
02/20/2024
|
3 Bed
|
3 Bath
|
2179 ft²
|
$2,750,000
3 Bed
3 Bath
2179 ft²
|
-
-
|
-
|
Denise Paulson
Compass RE Texas, LLC
|
|
11/02/2023
|
2 Bed
|
2 Bath
|
1128 ft²
|
$1,145,000
2 Bed
2 Bath
1128 ft²
|
-
-
|
-
|
David Bain
Bain & Associates, Inc.
|
|
01/11/2024
|
2 Bed
|
2 Bath
|
1697 ft²
|
$1,599,000
2 Bed
2 Bath
1697 ft²
|
-
-
|
-
|
Michael Coleman
COMPASS
|
|
01/07/2024
|
2 Bed
|
2 Bath
|
1321 ft²
|
$1,500,000
2 Bed
2 Bath
1321 ft²
|
-
-
|
-
|
Agustin Ramirez
Keller Williams Realty
|
|
10/11/2023
|
1 Bed
|
1 Bath
|
718 ft²
|
$725,000
1 Bed
1 Bath
718 ft²
|
-
-
|
-
|
Nicole Howsey
Nicole Howsey REALTORS LLC
|
|
05/26/2023
|
2 Bed
|
2 Bath
|
1128 ft²
|
$1,195,000
2 Bed
2 Bath
1128 ft²
|
-
-
|
-
|
Meredith Alderson
eXp Realty, LLC
|
|
03/09/2023
|
3 Bed
|
3 Bath
|
1743 ft²
|
$1,985,000
3 Bed
3 Bath
1743 ft²
|
-
-
|
-
|
Trey Phillips
Bray Real Estate Group
|
|
10/09/2022
|
3 Bed
|
3 Bath
|
2179 ft²
|
$4,950,000
3 Bed
3 Bath
2179 ft²
|
-
-
|
-
|
Maryanne A. McMahon
RE/MAX Posh Properties
|
|
03/26/2022
|
3 Bed
|
3 Bath
|
2179 ft²
|
$3,495,000
3 Bed
3 Bath
2179 ft²
|
-
-
|
-
|
Connie Chen
Keller Williams - Austin NW
|
|
10/09/1997
|
|
Loft
|
2 Bath
|
-
|
$70,000
Loft
2 Bath
|
$70,000
08/14/2000
|
-
|
Jose Pacheco
Pacheco Real Estate
|
08/14/1994
|
|
Loft
|
2 Bath
|
-
|
$132,000
Loft
2 Bath
|
$132,000
01/08/1996
|
-
|
Dorene Menezes
Right Choice Real Estate
|