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$1,699,000

Beds
2
Baths
2.0
sq ft
1,697

70 Rainey St Unit 1901, Austin, TX 78701

70 Rainey St Unit 1901

Austin, TX 78701

  • 5 days on market
This is an exceedingly rare opportunity to own one of the building’s most sought-after south-facing floor plans—these units very rarely come to market. The D-1 floor plan offers exceptional value, with two generously sized bedrooms, two full baths, and a versatile third space perfect for a home office, guest room, or gym. The expertly designed, light-filled interior features high-end finishes, including floor-to-ceiling soundproof paneled windows with motorized shades that frame breathtaking vistas of Lady Bird Lake and the iconic Austin skyline. Crafted with the finest materials, the home showcases wide-plank white oak flooring, modern finishes, and top-of-the-line appliances. The open layout accommodates a variety of lifestyles and seamlessly integrates the living, dining, and kitchen areas. The primary suite features a spa-like en-suite bath with eastern views and a generous walk-in closet. Residents enjoy an impressive suite of amenities, including an infinity pool, cold plunge, multiple sundecks, covered outdoor dining areas with TVs and grills, lush landscaping, a dog park, and a fire pit. Indoors, you'll find lounges, dining spaces, a theater room, a fitness center, and 24/7 concierge service. All just steps from many of Austin’s premier dining, entertainment, and shopping destinations. Includes two reserved parking spaces on the 7th floor.

Details

Property type

Condominium

Est. home value

$1,558,682

Lot size

435.6 sq ft

Price per sq ft

$1,002

Year built

2018

Annual property taxes

$32,020.88

Monthly HOA fee

$1,783

Price History

03/28/2025
Austin

Austin #6465296

Listed
$1,699,000

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Mathews

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

$695,079
Asking price
$1,699,000
Closing costs (~8% of asking)
-$135,920
Est. remaining loan balance
-$868,001
Cash to seller
$695,079

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

November 2020

Original loan amount

$961,275

Est. remaining balance

$868,001

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

John Benacquisto and Georgios Constantinou

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: 04/02/2025 at 11:40 PM

Listing updated: 04/01/2025 at 9:28 AM

Listed by: Vanessa Stroud, Redfin Corporation Phone #: (512) 710-0156

MLS: Austin #6465296

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