3 months on rocket

70 Rainey St Unit 3203, Austin, TX, 78701

$3,500,000

3 Bedrooms
3 Full Baths, 2 Partial
3,685 SqFt
$950/SqFt
Condo

Location

Image provided by Mapbox

Property Highlights

Home TypeCondominium
ParkingAssigned, Garage, Gated
Garage3 spaces
Year Built2018
HeatingElectric
CoolingCentral Air
WaterfrontSee Remarks
ViewCity, Lake
Private PoolYes
MLS #8722026
StatusActive

About 70 Rainey St Unit 3203

Now priced $1,650,000 less than the original list price and located within the prestigious 70 Rainey development, “Penthouse Three” offers a unique and unparalleled living experience in the heart of downtown Austin. This stunning 3-bedroom residence spans three levels, boasting three distinct living spaces and three expansive private terraces including a rooftop deck. The interiors are meticulously designed with a harmonious blend of modern elegance and timeless comfort, featuring white and natural cabinetry throughout, complemented by light European wide oak plank flooring. The main kitchen is a chef's dream, outfitted with top-of-the-line Miele appliances, including a gas cooktop, built-in hood, warming drawer, and even a built-in Miele coffee maker for the perfect morning brew. Quartz slab countertops and backsplash add a sleek finish, while satin brass plumbing fixtures provide a touch of sophistication. The third level kitchenette offers a Miele dishwasher and wine fridge, perfect for serving up beverages before stepping out onto the expansive rooftop deck. The primary suite is designed for ultimate relaxation and luxury, with a spacious walk-in closet with custom built-ins offering ample storage, while the spa-like bathroom features a dual vanity, Carrera marble countertops, and polished marble in the shower, creating a serene retreat. Porcelain tile in the secondary bathrooms and motorized shades in the bedrooms add to the home's convenience and comfort. Whether you're entertaining guests in the expansive living areas or enjoying a quiet evening on one of the private terraces, Penthouse Three is the epitome of refined urban living. Tax and assessed values are estimates for illustration purposes only. All figures should be independently verified.

Property Details

Property Features

Property Information:

  • Year Built: 2018
  • Stories: 2
  • Living Area: 3,685 SqFt

Listing Office:

  • Office Name: Moreland Properties
  • Office Phone: (512) 480-0848
  • Listing Agent: Alaina Martin

Interior Features

Interior Information:

  • Appliances: Oven, Dishwasher, Exhaust Fan, Gas Cooktop, Disposal, Microwave, Refrigerator, Wine Cooler
  • Flooring Type: Tile, Wood
  • Interior: High Ceilings, Interior Steps, Multiple Living Areas, Main Level Primary, Quartz Counters, Recessed Lighting, Wired for Sound

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: See Remarks
  • View: City, Lake
  • Exterior: Balcony, See Remarks

Parking Information:

  • Garage Space: 3 spaces
  • Parking: Assigned, Garage, Gated

Lot Features

Lot Information:

  • Lot: City Lot, Views

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Driving East on Cesar Chavez, Turn right on Red River Street, Turn Left on Driskill, Turn Right on Rainey Street. 70 Rainey building and garage entrance on Right. Guest Parking on Levels 1-3.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,500,000
  • Price Per SqFt: $950/SqFt

HOA Fees:

  • Amount: $3850
  • 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 3203 vs Austin

106 DAYS ON ROCKET

+32 Days

$3,500,000

+$2.9M More

$950/SqFt

+$642 More

KEY TAKEAWAY

This property is $2.9M more than the Median Sold Price and $642/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: #8722026

Listing Office:

  • Office Name: Moreland Properties
  • Office Phone: (512) 480-0848
  • Listing Agent: Alaina Martin

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: 12/25/2024, 8:20:49 PM 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.

Payment Calculator

$21.3K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$10.5K

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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-1566616
5
/10
  • Sanchez Elementary School

  • 73 San Marcos St

  • 0.24 miles

  • Public District Grades PK-5

school-card-donut-1566617
6
/10
  • Zavala Elementary School

  • 310 Robert T Martinez Jr St

  • 1.11 miles

  • Public District Grades EE-5

school-card-donut-1566618
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. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 70 Rainey St Unit 3203

What is the listing price of this property?

The listing price of 70 Rainey St Unit 3203 property is $3,500,000.

What type of property is this?

The property 70 Rainey St Unit 3203 is a condo located in Austin, Texas, 78701.

Is this property for sale now?

Active Listing: 70 Rainey St Unit 3203 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 3203 has 3 bedrooms and 3 full and 2 half bathrooms.

What is the square footage of this property?

The property 70 Rainey St Unit 3203 is 3,685 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 70 Rainey St Unit 3203 is 2018.
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Rocket HomesTexasTravis CountyAustin7870170 Rainey St Unit 3203

This home is located at 70 Rainey St Unit 3203 in Austin, TX and zip code 78701 in the Downtown neighborhood. This 3,685 square foot home was built in 2018. Features: 3 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since September 10, 2024 and is currently priced at $3,500,000.

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. Between October 2024 and November 2024, Austin, TX real estate market has seen decrease in the number of listings by 1.1%. Listings spent 74 days on the market in November 2024, and had a median list price of $567,441 during the same period.

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

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