70 Rainey St Unit #1704, Austin, TX 78701

Welcome to unit 1704 at the award-winning 70 Rainey residential tower in the Historic Rainey St. District. Being brought to the market for the first time since construction, unit 1704 boasts amazing up-river views of Lady Bird Lake and the famed Hill Country. This two-bedroom, two-bathroom unit has never been used as a full-time residence. The owners have only stayed in the unit a handful of times over the past 5 years and have never leased the condo. Unit 1704, situated within the central vertical stack, holds an enviable position as the most sought-after vertical stack in the building. Its strategic location shields it from the noise and activity of Rainey Street, creating a serene and peaceful environment —especially on the balcony. The historic Mexican American Cultural Center safeguards the views from the residence, ensuring that the prospect of new tall buildings impeding the view remains slim. It's positioning on the 17th floor offers the perfect vantage point for panoramic views of the surrounding Hill Country, while maintaining a connection to the lively activities below. Unit 1704 includes 2 secure parking spaces and a contiguous storage unit on the sixth floor. The parking stalls are conveniently oriented for direct head-in parking and are located near the elevator, maximizing ease of use. There are few buildings in Downtown Austin along the water's edge, and 70 Rainey is one of them. Unlike almost all residential towers in Downtown Austin, the 70 Rainey Tower features a pull-in Porte-Cochére, offering convenient temporary parking off Rainey Street. Since the tower's completion in 2018, the design of 70 Rainey has garnered industry awards and other recognition for features like its “Sky Garden,” the 20,000-square-foot amenity deck by international landscape architecture firm Design Workshop. Likewise, 70 Rainey was recognized with a Gold Multi-Housing News 2020 Excellence Award in the category of "Best Development and Design" for high-rise projects.

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.