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$799,000

Beds
2
Baths
2.0
sq ft
1,128

70 Rainey St Unit 2907, Austin, TX 78701

70 Rainey St Unit 2907

Austin, TX 78701

  • 10 days on market
Welcome to unparalleled urban luxury in this exquisite 2-bedroom, 2-bathroom condo, perfectly situated in the heart of downtown on the highly sought-after Rainey Street. This sophisticated residence offers breathtaking city skyline views from your private balcony, floor-to-ceiling windows that flood the space with natural light, and a modern open-concept design that blends elegance with comfort. As you step inside, you're greeted by expansive 10-foot ceilings and high-end finishes throughout. The gourmet kitchen is a chef’s dream, featuring quartz countertops, premium stainless steel appliances, custom cabinetry, and a spacious island—perfect for entertaining. The seamless transition into the living area makes for an inviting space to relax or host guests while enjoying panoramic downtown vistas. The primary suite is a true retreat, offering a spa-like en-suite bathroom with a walk-in glass shower, dual vanities, and a custom-built walk-in closet. The second bedroom is equally impressive, ideal for guests, a home office, or additional living space, and is complemented by a sleek, modern bathroom with top-tier finishes. Step outside onto your private balcony, where you can sip your morning coffee or unwind in the evening while taking in the dazzling city lights. This unit also includes smart home technology, hardwood floors, designer lighting, and in-unit laundry for added convenience. Living in this exclusive building means enjoying world-class amenities, including a resort-style pool, rooftop lounge, state-of-the-art fitness center, 24/7 concierge service, and private resident parking. And with Rainey Street’s vibrant entertainment, dining, and nightlife just steps away, you'll experience the best of Austin's downtown lifestyle.

Details

Property type

Condominium

Est. home value

$1,069,646

Lot size

87.12 sq ft

Price per sq ft

$709

Year built

2018

Annual property taxes

$25,000

Monthly HOA fee

$1,050

Price History

03/24/2025
Austin

Austin #3105053

Listed
$799,000
07/31/2024
Austin

Austin #8042216

Removed
07/26/2024
Austin

Austin #8042216

Price change
$899,989
-5.16%

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Mathews

Middle school: 

O Henry

High school: 

Austin

Community features: 

Clubhouse, Fitness Center, Gated, Pool, Restaurant

High school district: 

Austin ISD

Seller’s Loan History

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

Lender

Kiavi Funding Inc

Loan start date

January 2024

Original loan amount

$836,500

Est. remaining balance

Not provided

Interest rate

7.22%

Loan type

Commercial

Seller

Arrakis Fund Llc

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: 03/25/2025 at 4:10 AM

Listed by: Darsh Parikh, Compass RE Texas, LLC Phone #: (512) 575-3644

MLS: Austin #3105053

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