3 months on rocket

Backup Offers

70 Rainey St Unit 1402, Austin, TX, 78701

$1,199,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
1,154 SqFt
$1,039/SqFt
Condo

Location

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70 Rainey St Unit 1402, Austin$1,199,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Electric Gate, Secured, Storage
Garage2 spaces
Year Built2018
HeatingElectric
CoolingCentral Air, Ceiling Fan(s)
WaterfrontLake Front
FireplaceNone
ViewCity, Hills, Lake, Panoramic, River
MLS #6520567
StatusAccepting Backup Offers
(Active Under Contract)

About 70 Rainey St Unit 1402

70 Rainey embodies all that Austin has to offer. This luxurious high-rise offers all the modern conveniences of downtown living, surrounded by award-winning restaurants, shops, lively nightlife and is also just steps away from nature and the Anne and Roy Butler Hike-and-Bike trail. This stunning 2 bedroom, 2 bath southwest corner unit features unparalleled views of Lady Bird Lake, the hill country and the Austin city skyline from all of its floor to ceiling windows. The open floor plan seamlessly connects the living, dining and kitchen areas to create entertaining spaces which open up to a spacious southern facing balcony where breathtaking sunsets can be enjoyed. Sophisticated interior finishes include 7.5 inch wide-plank European oak floors, quartz countertops, marble bathrooms and Miele appliances. The primary bedroom is complete with its en-suite spa-like bathroom featuring dual sinks, large glass-enclosed shower and a walk-in closet. Guests will enjoy waking up to beautiful water and city views from the guest bedroom with its own en-suite bathroom. 70 Rainey offers over31,000 sf of indoor + outdoor private residential amenity space. Exterior amenities include: an infinity-edge pool with an expansive sundeck, hot tub, cold plunge, covered outdoor dining areas with TVs and grills, lush landscaping, a dog park and more. Indoors you’ll find multiple lounge areas, dining spaces, a theater room, fitness center and 24/7 concierge. This unit comes with 2 reserved parking spaces on the first level of residential parking as well as a large storage space.

Property Details

Property Features

Property Information:

  • Year Built: 2018
  • Stories: 1
  • Living Area: 1,154 SqFt

Listing Office:

  • Office Name: Compass RE Texas, LLC
  • Office Phone: (512) 739-2460
  • Listing Agent: Lisa Matulis

Interior Features

Interior Information:

  • Appliances: Oven, Dryer, Washer/Dryer Stacked, Dishwasher, Gas Cooktop, Disposal, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Washer
  • Flooring Type: Tile, Wood
  • Interior: Breakfast Bar, Double Vanity, Main Level Primary, No Interior Steps, Stone Counters, Recessed Lighting, Walk-In Closet(s), High Speed Internet, Programmable Thermostat
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Lake Front
  • View: City, Hills, Lake, Panoramic, River
  • Exterior: Balcony, No Exterior Steps, See Remarks

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Assigned, Electric Gate, Secured, Storage

Lot Features

Lot Information:

  • Lot: See Remarks

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air, Ceiling Fan(s)

Other

Directions Information:

  • Directions: From Cesar Chavez headed East, turn right on Red River, take left on Davis Street, Right on Rainey Street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,199,000
  • Price Per SqFt: $1,039/SqFt

HOA Fees:

  • Amount: $1098
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Austin, TX.

Med. Sold Price

$567.4K

Med. Price/SqFt

$308

Avg. Days On Market

74

# of Sold Homes

602

70 Rainey St Unit 1402 vs Austin

105 DAYS ON ROCKET

+31 Days

$1,199,000

+$631.5K More

$1,039/SqFt

+$731 More

KEY TAKEAWAY

This property is $631.5K more than the Median Sold Price and $731/SqFt more than other homes in Austin, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ACTRIS
  • MLS Number: #6520567

Listing Office:

  • Office Name: Compass RE Texas, LLC
  • Office Phone: (512) 739-2460
  • Listing Agent: Lisa Matulis

IDX Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

Copyright 2024 Unlock MLS and Austin Central Texas Realty Information Services, Inc.

IDX Listings courtesy of Unlock MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 12/18/2024, 10:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4497838
5
/10
  • Sanchez Elementary School

  • 73 San Marcos St

  • 0.24 miles

  • Public District Grades PK-5

school-card-donut-4497839
6
/10
  • Zavala Elementary School

  • 310 Robert T Martinez Jr St

  • 1.11 miles

  • Public District Grades EE-5

school-card-donut-4497840
6
/10
  • Blackshear Elementary School

  • 1712 E 11th St

  • 1.18 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,389. Residents of Austin, TX typically earn less than $35k each year. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 70 Rainey St Unit 1402

What is the listing price of this property?

The listing price of 70 Rainey St Unit 1402 property is $1,199,000.

What type of property is this?

The property 70 Rainey St Unit 1402 is a condo located in Austin, Texas, 78701.

Is this property for sale now?

Accepting Backup Offers: 70 Rainey St Unit 1402 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

How many bedrooms and bathrooms does this property have?

The property at 70 Rainey St Unit 1402 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 70 Rainey St Unit 1402 is 1,154 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 70 Rainey St Unit 1402 is 2018.

Rocket Homes›Texas›Travis County›Austin›78701›70 Rainey St Unit 1402

This home is located at 70 Rainey St Unit 1402 in Austin, TX and zip code 78701 in the Downtown neighborhood. This 1,154 square foot home was built in 2018. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 03, 2024 and is currently priced at $1,199,000.

While more than 59 listings in Austin, TX in November 2024 were sold above asking price, there were more than 96 listings sold at asking price, and more than 446 were sold below. The number of homes for sale in Austin, TX decreased by 1.1% between October 2024 and November 2024. The median list price of listings available in November 2024 was $567,441, while the average time on the real estate market was 74 days.

From Rocket Homes Real Estate and based on county public records data.

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