tomo logo

$585,000

Beds
1
Baths
1.0
sq ft
663

70 Rainey St Unit 1503, Austin, TX 78701

70 Rainey St Unit 1503

Austin, TX 78701

  • 10 days on market
Wake up to the golden glow of the sunrise over East Austin in this stunning east-facing 1-bed, 1-bath residence at 70 Rainey. With floor-to-ceiling windows, this home is drenched in natural light, offering an ever-changing canvas of morning hues and sweeping views stretching toward the horizon. Inside, refined design meets effortless comfort. The sleek and functional kitchen features high-end appliances, quartz countertops, and ample space to cook and entertain. The open-concept living area invites you to relax and take in the scenery, while the spa-inspired bathroom, wrapped in natural stone and marble, provides a serene retreat. Automated shades give you instant control over the ambiance, letting you set the mood with just the touch of a button. But let’s talk about the lifestyle—because 70 Rainey is in a league of its own. The 21,000-square-foot amenity deck is an urban oasis featuring a 72-ft infinity pool, outdoor kitchen and fire pits, and lush garden alcoves designed by internationally renowned Design Workshop. Need to recharge? Hit the fitness center, catch a film in the private theater, or let your pup enjoy the residents-only dog park and spa. And with 24/7 concierge service, everything you need is at your fingertips. This is downtown living at its finest—with Austin’s best dining, nightlife, and outdoor adventures just steps away. Don’t just live in the city—experience it.

Details

Property type

Condominium

Est. home value

$560,419

Lot size

Unknown

Price per sq ft

$883

Year built

2018

Annual property taxes

$10,296

Monthly HOA fee

$703

Price History

03/24/2025
Austin

Austin #2205674

Listed
$585,000

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Maplewood

Middle school: 

O Henry

High school: 

Austin

Community features: 

Clubhouse, Fitness Center, 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

$98,530
Asking price
$585,000
Closing costs (~8% of asking)
-$46,800
Est. remaining loan balance
-$439,670
Cash to seller
$98,530

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

May 2021

Original loan amount

$480,150

Est. remaining balance

$439,670

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Sumar Bieda

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: 04/03/2025 at 6:40 PM

Listing updated: 04/01/2025 at 9:37 AM

Listed by: Kelton Finley, Douglas Elliman Real Estate Phone #: (512) 866-3795

MLS: Austin #2205674

Austin logo

Recently listed in Austin

$629,900|4 bd|3.5 ba|House
$1,595,000|4 bd|2.0 ba|House
$9,750,000|6 bd|7.0 ba|House
$749,000|2 bd|1.0 ba|House
$775,000|3 bd|2.0 ba|House
$744,000|4 bd|3.5 ba|House
$1,395,000|3 bd|2.0 ba|House