tomo logo

$985,000

Beds
2
Baths
2.0
sq ft
1,128

70 Rainey St Unit 1807, Austin, TX 78701

70 Rainey St Unit 1807

Austin, TX 78701

  • <1 day on market
Welcome to luxury living at its finest in 70 Rainey! This stunning high-rise residence in Downtown Austin offers breathtaking views of Rainey Street, Lady Bird Lake, and the city skyline. Thoughtfully designed with sophistication in mind, this unit features premium Miele built-in appliances, custom MARKZEFF-designed kitchens and baths, recently upgraded closets with custom lighting, European wide-plank oak floors, plus floor-to-ceiling windows that flood the space with natural light. 70 Rainey’s world-class amenities span over 31,000 sq. ft., including a negative-edge pool overlooking beautiful Lady Bird Lake and the Austin Skyline, hidden plunge pool, outdoor lounge, grilling stations, fenced dog park, and gaming lawn. Inside, enjoy an exquisitely designed resident lounge, community dining roon, catering kitchens, a private theater, and a state-of-the-art gym with panoramic views, locker rooms, and yoga deck. Experience the ultimate convenience in an access controlled building with 24-hour concierge service and reserved gated garage parking. Don’t miss your chance to own at this prestigious address. Schedule a tour today and experience the unparalleled luxury of 70 Rainey! Furnishings negotiable.

Details

Property type

Condominium

Est. home value

$957,795

Lot size

104.54 sq ft

Price per sq ft

$874

Year built

2018

Annual property taxes

$20,030

Monthly HOA fee

$1,212.84

Price History

03/14/2025
Austin

Austin #1456026

Listed
$985,000
07/31/2024
Austin

Austin #7493133

Removed
04/26/2024
Austin

Austin #7493133

Price change
$1,150,000
-2.95%

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Mathews

Middle school: 

O Henry

High school: 

Austin

Community features: 

Curbs, Fitness Center, Gated, Pool, Sidewalks, Street Lights

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

$447,292
Asking price
$985,000
Closing costs (~8% of asking)
-$78,800
Est. remaining loan balance
-$458,908
Cash to seller
$447,292

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

February 2022

Original loan amount

$490,000

Est. remaining balance

$458,908

Interest rate

3.11%

Loan type

New Conventional, 30 year

Seller

Erfan Davami

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: 03/14/2025 at 9:05 AM

Listing updated: 03/13/2025 at 8:32 PM

Listed by: Kelley Hughes, Brodsky Properties Phone #: (512) 481-8811

MLS: Austin #1456026

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