2 bed, 2 bath, 1,434 sqft on 0.00 acres in Downtown Austin. Austin, TX 78701. $1,290,000. Austin ISD.
About This Home
Perched high above Austin's legendary Rainey Street District, this sophisticated residence delivers something increasingly rare in a city growing skyward: an unobstructed, breathtaking view across city park land. Floor-to-ceiling windows frame sweeping panoramas of the Austin skyline and Lady Bird Lake in a living canvas that shifts from golden sunset to glittering cityscape after dark. This is the view Austin residents talk about — and here, it's simply home.
Inside, the thoughtfully designed two-bedroom, two-bath layout balances refined style with the practical intelligence that elevated condo living demands. An open-concept floor plan maximizes space and light, while warm wood floors and custom built-ins create a home that feels both curated and livable. The chef-inspired kitchen features hidden storage solutions that keep surfaces clean and everyday life effortlessly organized — a detail that makes an immediate difference in day-to-day living. Smart blinds offer privacy and convenience, while a flexible work-from-home space adapts naturally to your rhythm.
Superior soundproofing and window glazing deliver a peaceful retreat that lets you choose when to engage with the city's energy and when to leave it behind. The primary suite offers a tranquil escape complemented by a spa-inspired bath and generous storage, while a well-appointed secondary bedroom and full bath provide comfortable, polished accommodations for family and guests.
Location is equally extraordinary. Step outside and the best of Austin unfolds immediately at street level. Walk along Lady Bird Lake or paddle out on the water. Emmer & Rye, Intero, Banger's Sausage House & Beer Garden, and Anthem — are moments from your door.
Residents of 70 Rainey enjoy access to white-glove service and world-class amenities: 24/7 concierge, resort-style pool, state-of-the-art fitness center, and thoughtfully curated resident spaces designed to extend the luxury beyond your front door.
The 19th floor at 70 Rainey Street Unit 1908 transforms sunset into your nightly ritual. From 6 p.m. onward, the floor-to-ceiling windows facing east and south capture the full arc of Austin's skyline shifting from gold to purple to black, with Lady Bird Lake reflecting every color shift. This is where entertaining happens naturally - not by design, but by the view doing the work for you.
The open floorplan flows directly from the kitchen to the living spaces without interruption. The gas cooktop and built-in appliances sit steps from the island, which sits steps from the dining area, which opens onto the covered balcony. When you're hosting, food and conversation move seamlessly from prep to plate to deck. The quartz counters and stainless steel appliances keep pace with whatever you're cooking. The kitchen island serves as both workspace and social anchor - guests naturally gather there while you finish.
The balcony itself is the real draw. At Downtown Austin in the Rainey Street District, you're high enough to see over the neighborhood's historic buildings down to the water. The downtown Austin skyline fills the southern view. Congress Avenue Bridge is visible on clear evenings. You watch the city lights activate one neighborhood at a time. This is where people stay after dinner ends - drinks in hand, conversation going nowhere in particular, because the backdrop makes time feel negotiable.
Inside, the primary bedroom sits on the main floor with a walk-in closet and spa-inspired bath - your personal retreat from the entertaining. The secondary bedroom and second full bath handle guests without forcing them through your private spaces. Smart thermostats and smart blinds let you control light and temperature from anywhere. The built-in features throughout maximize storage without cluttering sightlines.
The concrete construction keeps sound contained. The 2-car garage handles the logistics of hosting. The 24/7 concierge and resort-style amenities in the building handle the rest.
At $973 per square foot for 1,434 square feet in downtown Austin's most walkable neighborhood, this is priced for the location and the unobstructed view. Rainey Street restaurants like Emmer & Rye and Banger's are a 5-minute walk. Lady Bird Lake Trail is two blocks away. Austin ISD serves the address through Mathews Elementary, O Henry Middle, and Austin High School. The Central Business District is immediate. This isn't a second home or a blank canvas - it's a stage already built for the life you want to live.
The numbers behind this insight
- Offered at
- $1,290,000
- Listed
- June 19, 2026
- Price changes
- 1, down 7.5% from $1,395,000
- Asking price per sq ft
- $900
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
- Lot Size
- 0.00 acres
- Price / Sq Ft
- $900
- HOA
- $1,607/mo
- Garage
- 2 spaces
Listing information last updated October 26, 2026.
Listed by Compass RE Texas, LLC
MLS# 7941618 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Bar
- Breakfast Bar
- Built-in Features
- Ceiling-High
- Quartz Counters
- Double Vanity
- Kitchen Island
- Natural Woodwork
- Open Floorplan
- Primary Bedroom on Main
- Recessed Lighting
- Smart Thermostat
- Walk-In Closet(s)
- Built-In Oven(s)
- Built-In Refrigerator
- Dishwasher
- Disposal
- Exhaust Fan
- Gas Cooktop
- Stainless Steel Appliance(s)
- Tile
- Wood
- Heating
- Central
- Cooling
- Central Air
Exterior & Lot
- Balcony
- Concrete
- City Lot
- Concrete Perimeter
- Covered
- Roof
- Mixed
- Lot Size
- 0.00 Acres
- Garage
- Garage Spaces
- 2
Financial
- HOA Fee
- $1,607 / mo
- Original List Price
- $1,395,000
- Price per Sq Ft
- $900
Utilities
- Electricity Connected
- Sewer Connected
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
2 records on file
Every recorded listing, sale, and lease at 70 Rainey ST Unit #1908, whoever represented it.
- ActiveListed 2026Current price: $1,290,000Original list: $1,395,000MLS 7941618
- Listed · June 19, 2026$1,395,000
- Price changed · August 20, 2026$1,290,000
- ExpiredListed 2026Current price: $1,425,000Original list: $1,425,000MLS 5772996
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Explore this area
Price & Listing History
Price Change with current price, original ask, and market time.
- Current list
- $1,290,000
- Original list
- $1,395,000
- Price movement
- $105K reduction
- Listed / DOM
- Jun 19, 2026 · 138 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $1,068,125
- Assessment Year
- 2025
- Year Built
- 2018
- Parcel ID
- 000000890525
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-30.9% | — | $1,068,125 | — | — |
2024+14.6% | — | $1,546,207 | $104,363 | $1,270,637 |
2023+8.7% | — | $1,348,879 | $104,363 | $1,441,844 |
2022+6.9% | — | $1,240,574 | $104,363 | $1,244,516 |
2021 | — | $1,160,337 | $52,182 | $1,188,392 |
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 2026-10-26T18:37:30.009+00:00; normalized from monthly dues.
Illustrative down payment
20% ($258K)
Adjustable assumption - not a lending recommendation.
Home price
$1,290,000
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
$1,290,000
Price per sqft
$900/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
138 days
Original to current
$105K reduction
$1.4M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 26, 2026.
Request Private Market AnalysisConnect 70 Rainey St Unit #1908 to the Austin Market
Downtown Austin Neighborhood Guide
Lifestyle, schools, market context, and homes in Downtown Austin
Downtown Austin Homes for Sale
Active listings and buyer search context in Downtown Austin
78701 ZIP Guide
ZIP-level neighborhoods, schools, lifestyle, and Austin market context
Austin ISD Schools
District guide, nearby schools, and homes by attendance area
Austin Home Valuation
Private Austin CMA, TCAD context, and pricing strategy
Seller Resources
Pricing, prep, launch timing, and Compass marketing strategy
Keenan Group Results
#1 ABOR Team 2024 with $1B+ career sales volume










