70 Rainey St Unit #1405, Austin, TX 78701

Experience the epitome of luxurious living within this high-rise situated in downtown Austin's historic Rainey Street district. Nestled along the southern banks of Lady Bird Lake, 70 Rainey delivers breathtaking views of the Austin skyline against the serene waters. Unparalleled views await from the expansive 21,000-square-foot amenity deck, featuring a temperature-controlled negative-edge pool, outdoor lounging areas, grilling stations, a hot tub, and more. The building also offers a lavishly appointed community lounge, a dining area, fully equipped catering kitchens, a private theater room, a state-of-the-art 24-hour fitness center spanning 2,200 square feet, complete with panoramic views, locker rooms, a steam shower, a dry-heat sauna, and a newly installed cold plunge tub. This studio unit, ideally situated on the building's Eastern side, presents floor-to-ceiling windows that frame captivating views of Rainey Street. It comes equipped with top-of-the-line Miele appliances, a stacked washer and dryer, and European wide-planked oak floors. Benefit from 24-hour concierge service and access control for your security and convenience. Additionally, enjoy hassle-free parking with 1 assigned garage space suitable for a compact car. (Full-size bed and outdoor furniture may be included if desired)

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.