$1,175,000
SOLD MAY 2, 2025
Last list price
2 Beds
2 Baths
1,154 Sq Ft
$1,098/mo HOA Fee

Recently Sold

$1,018 Per Sq Ft

198 Days on Market

Highlights

  • Concierge
  • Lake Front
  • Home Theater
  • Mathews Elementary School Rated A
  • Fitness Center
  • 5-minute walk to Waller Beach at Town Lake Metropolitan Park

About This Home

As of May 2025

BOM - Previous buyers were interested solely in leasing out the unit, however there is currently a waitlist for leasing permits for the building.70 Rainey embodies all that Austin has to offer. This luxurious high-rise offers all the modern conveniences of downtown living, surrounded by award-winning restaurants, shops, lively nightlife and is also just steps away from nature and the Anne and Roy Butler Hike-and-Bike trail. This stunning 2 bedroom, 2 bath southwest corner unit features unparalleled views of Lady Bird Lake, the hill country and the Austin city skyline from all of its floor to ceiling windows. The open floor plan seamlessly connects the living, dining and kitchen areas to create entertaining spaces which open up to a spacious southern facing balcony where breathtaking sunsets can be enjoyed. Sophisticated interior finishes include 7.5 inch wide-plank European oak floors, quartz countertops, marble bathrooms and Miele appliances. The primary bedroom is complete with its en-suite spa-like bathroom featuring dual sinks, large glass-enclosed shower and a walk-in closet. Guests will enjoy waking up to beautiful water and city views from the guest bedroom with its own en-suite bathroom. 70 Rainey offers over31,000 sf of indoor + outdoor private residential amenity space. Exterior amenities include: an infinity-edge pool with an expansive sundeck, hot tub, cold plunge, covered outdoor dining areas with TVs and grills, lush landscaping, a dog park and more. Indoors you’ll find multiple lounge areas, dining spaces, a theater room, fitness center and 24/7 concierge. This unit comes with 2 reserved parking spaces on the first level of residential parking as well as a large storage space.

Last Agent to Sell the Property

Lisa Matulis

Compass RE Texas, LLC Brokerage Phone: (512) 739-2460 License #0671683 Listed on: 09/03/2024

Compass RE Texas, LLC

Last Buyer's Agent

Pablo Nieto

Realty of America, LLC License #0718825

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,307

Year Built

  • Built in 2018

Lot Details

  • Lake Front
  • Southwest Facing Home
  • Property is in excellent condition

HOA Fees

  • $1,098 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Storage or Cabinetry
  • Electric Gate
  • Secured Garage or Parking
  • Reserved Parking

Property Views

  • Panoramic
  • Hills

Home Design

  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Membrane Roofing
  • Flat Tile Roof
  • Concrete Siding

Interior Spaces

  • 1,154 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Chandelier
  • Pocket Doors
  • Living Room
  • Home Theater
  • Smart Thermostat

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Self-Cleaning Oven
  • Gas Cooktop
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity
  • Separate Shower

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Accessible Home Design

  • No Interior Steps
  • Stepless Entry

Eco-Friendly Details

  • No or Low VOC Paint or Finish

Outdoor Features

  • Spa

Schools

  • Mathews Elementary School
  • O Henry Middle School
  • Austin High School

Utilities

  • Central Air
  • Heating Available
  • Tankless Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 02030319220000

Community Details

Overview

  • Association fees include common area maintenance, insurance, maintenance structure, sewer, trash
  • 70 Rainey Association
  • Rainey Street Subdivision
  • On-Site Maintenance

Amenities

  • Concierge
  • Community Barbecue Grill
  • Community Kitchen
  • Lounge
  • Planned Social Activities
  • Community Storage Space

Recreation

  • Dog Park

Pet Policy

  • Pet Amenities

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,307

Year Built

Built in 2018

Lot Details

0

HOA Fees

$1,098 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 2018
  • Additional Parcels: No
  • Direction Faces: Southwest
  • Directions: From Cesar Chavez headed East, turn right on Red River, take left on Davis Street, Right on Rainey Street.
  • Disclosures: Seller Disclosure
  • Fencing: None
  • Garage Spaces: 2
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Levels: One
  • Living Area: 1154
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Attribution Contact: (512) 739-2460
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 21876.78
  • FEMA Flood Plain: No
  • Restrictions: None
  • Tax Exemptions: None
  • Unit Style: Tower (14+ Stories),Single level Floor Plan,Elevator,End Unit
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Stone Counters, Double Vanity, No Interior Steps, Primary Bedroom on Main, Recessed Lighting, Walk-In Closet(s)
  • View: City, Hill Country, Lake, Panoramic, River
  • Flooring: Tile, Wood
  • Fireplace Features: None
  • Accessibility Features: None
  • Appliances: Built-In Oven(s), Dishwasher, Disposal, Gas Cooktop, Refrigerator, Self Cleaning Oven, Washer/Dryer, Washer/Dryer Stacked, Tankless Water Heater
  • Main Level Bedrooms: 2
  • Property Condition: Resale, Excellent
  • Security Features: Fire Alarm
  • Spa Features: None
  • Window Features: None
  • ResoLivingAreaSource: PublicRecords
  • Laundry Location: Laundry Closet
  • Num Dining: 1
  • Num Living: 1
  • Num Other Level Beds: 0

Beds/Baths

  • Full Bathrooms: 2
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Balcony, No Exterior Steps, See Remarks
  • Roof: Flat Tile, Membrane
  • Foundation: Pillar/Post/Pier, Slab
  • Patio And Porch Features: None
  • Pool Features: None
  • Private Pool: No
  • Water Body Name: Colorado River
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

  • Total Covered Spaces: 2
  • Parking Features: Electric Gate, Reserved, Secured, Storage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Phone Connected
  • Heating: Electric
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Insurance, Maintenance Structure, Sewer, Trash
  • Association Fee Frequency: Monthly
  • Association Fee: 1098.3

Association/Amenities

  • Association Name: 70 Rainey
  • Association: Yes
  • Community Features: BBQ Pit/Grill, Clubhouse, Concierge, Dog Park, Fitness Center, Gated, Google Fiber, High Speed Internet, Hot Tub, Kitchen Facilities, Lounge, Maintenance On-Site, Media Center/Movie Theatre, Nest Thermostat, Pet Amenities, Planned Social Activities, Pool, Sauna, Storage

Schools

  • Elementary School: Mathews
  • High School: Austin
  • Middle/Junior School: O Henry
  • Junior High Dist: Austin ISD

Lot Info

  • Lot Features: Alley, See Remarks
  • Parcel Number: 02030319220000
  • Subdivision Name: Rainey Street
  • Special Assessment: No

Building Info

  • Construction Materials: Concrete, Glass
  • New Construction: No

Tax Info

  • Tax Year: 2023
  • Tax Map Number: 1402
  • Tax Filled Sqft Total: 1154
  • Tax Rate: 2.07700000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2024
Closed on
May 2, 2025
Sold by
Chameleon Ventures Llc
Bought by
Structure Team Llc
Seller's Agent
Lisa Matulis
Compass RE Texas, LLC
Buyer's Agent
Pablo Nieto
Realty of America, LLC
List Price
$1,249,000
Sold Price
$1,070,000
Premium/Discount to List
-$179,000
-14.33%
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.48%
Original Mortgage
$856,000
Outstanding Balance
$856,000
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$272,386

Purchase Details

Closed on
Oct 9, 2019
Sold by
70 Rainey Street Owner Llc
Bought by
Chameleon Ventures Llc
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Special Warranty Deed -- Heritage Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $856,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2025 05/02/25 Sold -- -- --
01/27/2025 01/27/25 Price Changed $1,175,000 -2.0% $1,018 / Sq Ft
11/01/2024 11/01/24 Price Changed $1,199,000 -4.0% $1,039 / Sq Ft
09/03/2024 09/03/24 For Sale $1,249,000 -- $1,082 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $19,307 $1,223,776 $78,825 $1,144,951
2022 $19,317 $978,089 $78,825 $899,264
2021 $23,580 $1,083,307 $39,413 $1,043,894
2020 $16,090 $750,153 $23,648 $726,505
2018 $632 $28,545 $23,648 $4,897
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 6520567

Unlock MLS (Austin Board of REALTORS®)

APN: 890472