9 months on rocket

70 Rainey St Unit 1705, Austin, TX, 78701

$599,900

Home List Price

$7,124*

Closing Credit

1 Bedroom
1 Full Bath
837 SqFt
$717/SqFt
Condo

Location

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70 Rainey St Unit 1705, Austin$599,900

Buyer Closing Credits

$7,124*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAdditional Parking, Assigned, Enclosed, Garage Faces Front, Garage, Garage Door Opener, Covered, Guest
Garage1 space
Year Built2018
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
WaterfrontLake Front, River Front
ViewNeighborhood, Panoramic, River
MLS #7183369
StatusActive

About 70 Rainey St Unit 1705

MOTIVATED SELLER. MOTIVATED SELLER. MOTIVATED SELLER. THE BUILDING HAS REACHED ITS 20% ALLOWABLE UNITS LEASED AND CURRENTLY HAS A WAITLIST FOR RENTAL PERMITS. OWNER OCCUPIED OR RELATIVE/EMPLOYEE OCCUPANTS TO SATISFY HOA RULES. In the heart of Austin's dynamic Rainey Street District, Residence 1705 at 70 Rainey Street stands as an exemplar of contemporary luxury and architectural refinement. This sophisticated condominium epitomizes urban elegance, offering an unparalleled living experience for those who seek the finest in city living. Upon entering this meticulously curated residence, one is immediately struck by the harmonious blend of high-end materials and bespoke finishes. The expansive open-concept living space is illuminated by floor-to-ceiling windows, which offer sweeping views of Austin's iconic East side neighborhoods. The gourmet kitchen is a masterpiece of design and functionality, featuring state-of-the-art Miele appliances, custom cabinetry, and exquisite quartz countertops. The adjoining living areas exude a sense of refined sophistication, enhanced by contemporary fixtures and artful design elements that create an ambiance of effortless luxury. The master suite is a sanctuary of tranquility and opulence, boasting a generous layout, and an en-suite bathroom with marble accents, a deep soaking tub, and a frameless shower. The closet offers abundant storage, catering to the needs of the modern urbanite. Residents of 70 Rainey Street enjoy access to a suite of exclusive amenities designed to enhance their lifestyle. The rooftop pool offers panoramic views and a serene escape from the bustling city below. A state-of-the-art fitness center, elegant resident lounge, and beautifully landscaped communal areas provide spaces for relaxation, socialization, and wellness. Thank you for considering this property and we appreciate the opportunity to work with you.

Property Details

Property Features

Property Information:

  • Year Built: 2018
  • Stories: 1
  • Living Area: 837 SqFt

Listing Office:

  • Office Name: Kuper Sotheby's Int'l Realty
  • Office Phone: (512) 552-9294
  • Listing Agent: Ross Melby

Interior Features

Interior Information:

  • Appliances: Oven, Refrigerator, Cooktop, Dryer, Exhaust Fan, Freezer, Gas Cooktop, Microwave, Self Cleaning Oven, Washer
  • Flooring Type: Wood
  • Interior: Breakfast Bar, Ceiling Fan(s), Entrance Foyer, Eat-in Kitchen, Kitchen Island, Main Level Primary, Open Floorplan, Stone Counters, Soaking Tub, Natural Woodwork, High Speed Internet

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Lake Front, River Front
  • View: Neighborhood, Panoramic, River
  • Exterior: Balcony, Dog Run, Garden, Gas Grill, Outdoor Grill

Parking Information:

  • Garage Space: 1 space
  • Parking: Additional Parking, Assigned, Enclosed, Garage Faces Front, Garage, Garage Door Opener, Covered, Guest

Lot Features

Lot Information:

  • Lot: City Lot

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Southbound on Rainey Street, the building will be located on the West side of the street. There are 3 guest parking spots but you MUST check in with the concierge prior to parking. Floors 2-3 are public parking by payment.

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,900
  • Price Per SqFt: $717/SqFt

HOA Fees:

  • Amount: $748
  • 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 1705 vs Austin

285 DAYS ON ROCKET

+211 Days

$599,900

+$32.4K More

$717/SqFt

+$409 More

KEY TAKEAWAY

This property is $32.4K more than the Median Sold Price and $409/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: #7183369

Listing Office:

  • Office Name: Kuper Sotheby's Int'l Realty
  • Office Phone: (512) 552-9294
  • Listing Agent: Ross Melby

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, 7:20:50 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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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,865

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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-4448257
5
/10
  • Sanchez Elementary School

  • 73 San Marcos St

  • 0.24 miles

  • Public District Grades PK-5

school-card-donut-4448258
6
/10
  • Zavala Elementary School

  • 310 Robert T Martinez Jr St

  • 1.11 miles

  • Public District Grades EE-5

school-card-donut-4448259
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. The majority of families are single, no kids. The majority of 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 1705

What is the listing price of this property?

The listing price of 70 Rainey St Unit 1705 property is $599,900.

What type of property is this?

The property 70 Rainey St Unit 1705 is a condo located in Austin, Texas, 78701.

Is this property for sale now?

Active Listing: 70 Rainey St Unit 1705 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 70 Rainey St Unit 1705 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 70 Rainey St Unit 1705 is 837 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 70 Rainey St Unit 1705 is 2018.

Rocket HomesTexasTravis CountyAustin7870170 Rainey St Unit 1705

This home is located at 70 Rainey St Unit 1705 in Austin, TX and zip code 78701 in the Downtown neighborhood. This 837 square foot home was built in 2018. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since March 07, 2024 and is currently priced at $599,900.

Over 59 listings were sold over their listed price in November 2024 in Austin, TX. In the same period over 446 listings were sold below the listed price and 96 listings were sold for the listed price. The inventory of homes for sale in Austin, TX between October 2024 and November 2024 decreased by 1.1%. 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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