NOT LISTED FOR SALE

Estimated Value: $1,039,000 - $2,267,000

3 Beds
3 Baths
2,179 Sq Ft
218 Sq Ft Lot

Highlights

  • Concierge
  • Lake Front
  • 24-Hour Security
  • Mathews Elementary School Rated A
  • Fitness Center
  • Cabana

About This Home

As of March 2022

Stunning Downtown and Water views from this luxury corner smart residence in the heart of Rainey District. A Gorgeous fully furnished, unique 3 bedroom | 3 bath (E1 floor plan). Located on the northwest corner of the building, including breathtaking views of the lake, hill country & downtown skyline. With a large, open concept living, dining, & kitchen space, there is plenty of room for entertaining your friends and family. The floor-to-ceiling windows & exposed column in the corner allow for ample natural light to flood your unit. Tasteful interior finishes include 7.5-inch wide-plank European oak floors, quartz countertops, marble bathrooms, custom light fixtures, and Miele appliances. The Condo's top-end finishes include motorized timed window shades, custom built-in cabinetry, and custom closets. The unit comes with complimentary Google Fiber high-speed internet, a fully stocked cocktail, wine, coffee, and tea bar, three reserved parking spaces close to the elevators, and one storage unit. 70 Rainey comprises 164 residences & over 31,000 sq ft of indoor + outdoor resort-style amenities available to use 24/7. 70 Rainey also provides a great community with a Wine Club, Book Club, Cycling Club, and various other social events. Experience the Rainey lifestyle while taking in the serene environment steps from Lady Bird Lake and the Hike & Bike Trail with unparalleled views of Downtown Austin. With extraordinary quality & style, 70 Rainey is sure to impress!

Last Agent to Rent the Property

Kelton Finley

Douglas Elliman Real Estate License #0742473 Listed on: 01/03/2022

Douglas Elliman Real Estate

Last Renter's Agent

Kelton Finley

Douglas Elliman Real Estate License #0742473 Listed on: 01/03/2022

Douglas Elliman Real Estate

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $36,661

Year Built

  • Built in 2018

Lot Details

  • Lake Front
  • River Front
  • West Facing Home

Parking

  • 3 Car Garage
  • Garage Door Opener
  • Secured Garage or Parking
  • Assigned Parking
  • Community Parking Structure

Property Views

Home Design

  • Concrete Roof

Interior Spaces

  • 2,179 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Furnished or left unfurnished upon request
  • Built-In Features
  • Bar Fridge
  • Bar
  • Dry Bar
  • High Ceiling
  • Ceiling Fan
  • Chandelier
  • Blinds
  • Storage
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Built-In Gas Oven
  • Built-In Range
  • Microwave
  • Built-In Freezer
  • Built-In Refrigerator
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Double Vanity

Laundry

  • Laundry in unit
  • Washer and Dryer

Home Security

  • Smart Home
  • Smart Thermostat

Eco-Friendly Details

  • Sustainability products and practices used to construct the property include see remarks

Pool

  • Cabana
  • Heated In Ground Pool
  • Outdoor Pool
  • Spa

Outdoor Features

  • Terrace

Schools

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

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • High Speed Internet

Listing and Financial Details

  • Security Deposit $19,000
  • Tenant pays for all utilities
  • No Smoking Allowed
  • 6-Month Min and 24-Month Max Lease Term
  • Negotiable Lease Term
  • $35 Application Fee
  • Tax Lot 2706
  • Assessor Parcel Number 02030320370000

Community Details

Overview

  • 164 Units
  • High-Rise Condominium
  • Built by Flintco
  • 70 Raniey Condominiums Community
  • 70 Rainey Subdivision

Amenities

  • Concierge
  • Valet Parking
  • Community Barbecue Grill
  • Courtyard
  • Restaurant
  • Business Center
  • Meeting Room
  • Lounge
  • Bike Room
  • Community Storage Space

Recreation

  • Dog Park

Pet Policy

  • Pet Deposit $1,000
  • 2 Pets Allowed
  • Pet Amenities
  • Dogs Allowed

Security

  • 24-Hour Security
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$36,661

Year Built

Built in 2018

Lot Details

0

Parking

3

Rental Info

  • Additional Pet Fee: 500
  • App Deposit Payable To: Owner
  • App Fee Payable To: Intellirent
  • Application Fee: 35
  • Application Policy: Best Qualified Application
  • Application Required: See Online App
  • First Month Rent Payable To: Owner
  • Furnished: Negotiable
  • Max Lease Months: 24
  • Max Numof Pets: 2
  • Min Lease Months: 6
  • Pet Deposit: 1000
  • Security Deposit: 19000
  • Tenant Pays: All Utilities
  • Per Person: Yes
  • Per Pet: No
  • Pets Allowed: Dogs OK, Negotiable
  • Renters Insurance Required: Yes

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Unit Style: Tower (14+ Stories)
  • Year Built: 2018
  • Additional Pet Fee Description: One Time
  • Administrative Fee Payable To: Intellirent
  • Certified Funds: No
  • Direction Faces: West
  • Directions: Cesar Chavez to South on Red River. Left on Davis, Right on Rainey St. 70 Rainey building, and garage entrance on Right. Park on levels 1-3. The public elevator on the E side of the garage to street level. Enter Lobby.
  • Disclosures: None
  • FEMA Flood Plain: No
  • Fencing: None
  • Garage Spaces: 3.00
  • Green Energy Efficient: See Remarks
  • Green Sustainability: See Remarks
  • Housing Vouchers: No
  • Intermediary: Yes
  • Lease Term: Negotiable
  • Levels: One
  • Living Area: 2179.00
  • Complex Name: 70 Raniey Condominiums
  • Move In Special: No
  • On Site Compliance: Yes
  • Special Features: None

Interior Features

  • Interior Amenities: Bar, Breakfast Bar, Built-in Features, Ceiling Fan(s), Ceiling-High, Chandelier, Counter-Quartz, Double Vanity, Dry Bar, High Speed Internet, Kitchen Island, Open Floorplan, Primary Bedroom on Main, Smart Home, Smart Thermostat, Storage, Walk-In Closet(s)
  • Laundry Location: In Unit
  • View: City Lights, Downtown, Lake, Skyline, Water
  • Flooring: Wood
  • Num Dining: 1
  • Num Living: 1
  • Accessibility Features: See Remarks
  • Appliances: Bar Fridge, Built-In Freezer, Built-In Gas Oven, Built-In Range, Built-In Refrigerator, Dishwasher, Disposal, Exhaust Fan, Cooktop Gas, Ice Maker, Microwave, Washer/Dryer, Wine Refrigerator
  • Appliances Maintained: None
  • Main Level Bedrooms: 3
  • Security Features: 24 Hour Security, Building Security, Smoke Detector(s)
  • Smoking Inside: No
  • Window Features: Blinds

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms: 3
  • Bedrooms: 3

Exterior Features

  • Exterior Features: Balcony
  • Roof: Concrete
  • Builder Name: Flintco
  • Foundation: None
  • Patio And Porch Features: Terrace
  • Pool Features: Cabana, Heated, In Ground, Outdoor Pool
  • Private Pool: Yes
  • Water Body Name: Lady Bird Lake
  • Waterfront Features: Lake Front, River Front, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Total Covered Spaces: 3.00
  • Parking Features: Assigned, Garage Door Opener, Secured
  • Total Parking Spaces: 3.00

Utilities

  • Sewer: Public Sewer
  • Utilities: See Remarks
  • Heating: Central
  • Meter Description: Allocation Billing
  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

  • Managed By: Owner

Association/Amenities

  • Community Features: BBQ Pit/Grill, Bike Storage/Locker, Business Center, Clubhouse, Concierge, Conference/Meeting Room, Courtyard, Dog Park, Fitness Center, Garage Parking, Lounge, Pet Amenities, Pool, Restaurant, Sauna, Sidewalks, Spa/Hot Tub, Storage, VALET

Schools

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

Lot Info

  • Lot Features: Views
  • Parcel Number: 02030320370000
  • Subdivision Name: 70 Rainey

Building Info

  • Construction Materials: None
  • New Construction: No

Multi Family

  • Number Of Units Total: 164

Tax Info

  • Tax Filled Sqft Total: 2179
  • Tax Lot: 2706

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2020
Sold by
70 Rainey Street Owner Llc
Bought by
Zhang Buo
Current Estimated Value
$1,917,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,360,000
Outstanding Balance
$1,200,750
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$716,795
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Zhang Buo -- Heritage Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Buo $1,360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2022 03/16/22 Rented $17,750 -6.6% --
02/21/2022 02/21/22 Price Changed $19,000 -2.6% $9 / Sq Ft
01/03/2022 01/03/22 For Rent $19,500 -- --
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
2025 $36,661 $1,995,571 $156,203 $1,839,368
2023 $34,588 $2,164,013 $0 $0
2022 $38,852 $1,967,285 $0 $0
2021 $38,929 $1,788,441 $78,102 $1,710,339
2020 $28,693 $1,337,763 $37,489 $1,300,274
2019 $6,290 $286,365 $37,489 $248,876
2018 $1,211 $54,711 $46,862 $7,849
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 8755662

Unlock MLS (Austin Board of REALTORS®)

APN: 890587