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2 bed, 2 bath, 1,321 sqft in Downtown Austin. Austin, TX 78701. Last listed at $1,550,000, sold June 14, 2021. Austin ISD.
About This Home
Experience the best in Austin Luxury Condo Living. Must-See stunning 70 Rainey luxury condo with the best views in Austin, Texas! Protected views of Lady Bird Lake, downtown, and hill country. Kick back and relax on the spacious balcony and enjoy Austin’s one-of-a-kind violet crown sunsets year-round. This 2 BD/ 2BA condo features the most sought-after floor plan (C2) at 70 Rainey. Pristine European wide plank oak floors throughout living space and bedrooms. Updated designer light fixtures from Restoration Hardware. Updated designer fixtures and hardware in kitchen and bathroom. Venetian texture walls in the main living space and detailed wainscotting in Owner’s Suite. The spacious Owner’s suite features an oversized walk-in closet and the ensuite offers the perfect retreat with unbeatable views. Electric shades control the abundant natural light. The luxurious ensuite bath features a marble double-vanity, a walk-in shower, and a refined floating bathtub. The guestroom comes with two high-end built-in Murphy beds. Bonus home office. With over 31,000 square feet of indoor & outdoor resort-style amenities, experience the Rainey lifestyle while taking in the serene environment. 72-feet infinity pool. Outdoor oasis. State-of-the-art fitness center. Steps from Lady Bird Lake and the Ann & Roy Butler Hike & Bike Trail. Surrounded by the best restaurants, entertainment, and downtown shopping. This listing won’t last long, schedule an appointment today!
Downtown Austin runs from the Colorado River north to the Capitol, bounded by I-35 to the east and Lamar to the west. It is the densest residential market in Central Texas with high-rise condos, historic lofts, and luxury towers concentrated in distinct sub-districts.
The Seaholm District anchors the west end with the Seaholm Residences and the new Google tower reshaping the skyline. Rainey Street sits along the lake's north shore - what was a street of bungalow bars is now flanked by 40-story residential towers including 70 Rainey and The Lakeshore. The Warehouse District between 3rd and 6th Streets draws buyers who want walkable nightlife and restaurant access. Congress Avenue bisects downtown and remains the civic spine connecting the Capitol to the lake.
The Austonian (56 floors), The Independent (58 floors), and 360 Condominiums are the marquee towers. Newer projects like Sixth & Guadalupe and The Republic continue adding inventory. Price points range from $400K studio condos to $5M+ penthouses with lake and Hill Country views.
Walk Score averages 95+. The MetroRail Red Line stops at downtown station. Major employers including the State of Texas, UT Austin, and a growing tech presence (Google, Meta, Apple satellite offices) generate consistent housing demand. Nightlife, dining, live music, and Lady Bird Lake hike-and-bike trail are all within walking distance.
Buyers here are typically professionals, empty nesters downsizing from suburban estates, investors, and out-of-state relocations drawn to Austin's urban core. HOA fees range from $400/month in older buildings to $2,000+ in full-service towers. Most buildings include concierge, pool, fitness center, and secure parking.
School District: Austin ISD
View Downtown Austin neighborhood guide- Property Type
- Residential
- Year Built
- 2018
- Price / Sq Ft
- $1,173
- HOA
- $974.3/mo
- Garage
- 2 spaces
Listing information last updated June 15, 2021.
Listed by Realty Austin
MLS# 2090000 • Closed
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Properties displayed may be listed or sold by various participants in the MLS.
Highlights
Facts & Features
Interior
- Breakfast Bar
- Built-in Features
- High Ceilings
- Chandelier
- Stone Counters
- Double Vanity
- Kitchen Island
- Open Floorplan
- Pantry
- Primary Bedroom on Main
- Recessed Lighting
- Soaking Tub
- Walk-In Closet(s)
- Wired for Sound
- Built-In Oven(s)
- Convection Oven
- Dishwasher
- Disposal
- Gas Cooktop
- Microwave
- Double Oven
- Refrigerator
- Self Cleaning Oven
- Tankless Water Heater
- Wine Refrigerator
- Tile
- Wood
- Heating
- Central
- Cooling
- Central Air
Exterior & Lot
- Balcony
- Concrete
- Glass
- Wood Siding
- Landscaped
- Near Public Transit
- Trees-Small (Under 20 Ft)
- Pillar
- Post
- Pier
- Slab
- Terrace
- Roof
- Flat Tile,Membrane
- Gated
- Reserved
- Garage Spaces
- 2
Financial
- HOA Fee
- $974 / mo
- Original List Price
- $1,550,000
- Price per Sq Ft
- $1,173
Utilities
- Cable Available
- Electricity Available
- High Speed Internet
- Natural Gas Available
- Sewer Available
- Water Available
- Water Source
- Public
- Sewer
- Public Sewer
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Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $1,550,000
- Original list
- $1,550,000
- Price movement
- No verified reduction
- Listed / DOM
- Apr 29, 2021
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $1,188,625
- Assessment Year
- 2025
- Year Built
- 2018
- Parcel ID
- 000000890454
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-22.7% | — | $1,188,625 | — | — |
2024+13.9% | — | $1,537,700 | $92,768 | $1,320,336 |
2023+15.5% | — | $1,349,791 | $92,768 | $1,444,932 |
2022+55.1% | — | $1,168,618 | $92,768 | $1,257,023 |
2021 | — | $753,237 | $46,385 | $1,122,233 |
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Zoned Schools
Austin
O Henry
Mathews
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
Excluded from this estimate: property taxes and home insurance. Each requires verified amount, cadence or unit, source, and as-of details.
HOA source: MLS Grid / Unlock MLS, as of 2026-06-03T02:30:05.500691+00:00; normalized from monthly dues.
Illustrative down payment
20% ($310K)
Adjustable assumption - not a lending recommendation.
Home price
$1,550,000
Loan details
Luxury property intelligence
Keenan Market Position
A sourced read on Downtown Austin pricing, timing, and property scale. No automated valuation claim.
List price
$1,550,000
Price per sqft
$1,173/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
Not available
Original to current
No verified reduction
$1.6M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 3, 2026.
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