tomo logo

$1,499,999

Beds
2
Baths
2.0
sq ft
1,434

70 Rainey St Unit 1408, Austin, TX 78701

70 Rainey St Unit 1408

Austin, TX 78701

  • 60 days on market
    • Price drop $25,001↓
Welcome to your urban oasis in the heart of Austin! This beautiful 2-bedroom, 2-bathroom condo on the 14th floor boasts breathtaking views of Lady Bird Lake and the stunning city skyline, allowing you to enjoy mesmerizing sunsets from your own home. The spacious open-concept layout is perfect for entertaining, featuring modern finishes and abundant natural light from floor-to-ceiling windows. The well-appointed kitchen, with modern appliances, offers ample space and functionality for your culinary adventures. Retreat to the luxurious primary suite with its own ensuite bathroom, while the versatile second bedroom features a convenient Murphy bed, perfect for guests or transforming into a stylish home office. Enjoy resort-style amenities, including a hot tub, cold plunge, sauna, movie theatre, and dog park, all within a vibrant community that puts you just steps away from the best dining, shopping, and entertainment Austin has to offer. Don’t miss your opportunity to live in this luxurious condo with incredible views and an unbeatable location!

Details

Property type

Condominium

Est. home value

$1,247,223

Lot size

139.39 sq ft

Price per sq ft

$1,047

Year built

2018

Annual property taxes

$23,505.94

Monthly HOA fee

$1,455

Price History

11/24/2024
Austin

Austin #8059740

Price change
$1,499,999
-1.64%
10/22/2024
Austin

Austin #8059740

Listed
$1,525,000

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Mathews

Middle school: 

O Henry

High school: 

Austin

Community features: 

Fitness Center, Gated, Pool

High school district: 

Austin ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$163,716
Asking price
$1,499,999
Closing costs (~8% of asking)
-$120,000
Est. remaining loan balance
-$1,216,283
Cash to seller
$163,716

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

First United Bank & Trust Co

Loan start date

October 2022

Original loan amount

$1,253,750

Est. remaining balance

$1,216,283

Interest rate

5.55%

Loan type

Not Provided, 30 year

Seller

Jonathan Roberts

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/22/2024 at 3:25 PM

Listing updated: 12/18/2024 at 3:26 PM

Listed by: Dylan Cozens, Engel & Volkers Austin Phone #: (512) 328-3939

MLS: Austin #8059740

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