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2 bed, 3 bath, 1,743 sqft in Downtown Austin. Austin, TX 78701. Last listed at $2,100,000, sold October 29, 2021. Austin ISD.
About This Home
Custom designed fully upgrades residence at 70 Rainey with knockout views of the city skyline and Lady Bird Lake. This custom condo delivers world-class luxury from one of Downtown Austin’s most coveted locations. Measuring 1,743 sqft 2 bed/3 bath plus additional study and completely remodeled with high-end upgrades throughout, this beautifully finished home offers both luxury and convenience. A crisp white and gold palette accented by marble surfaces and sleek hardwood accentuates the beauty of the surrounding cityscapes. Enjoy a stunning panorama from the 182 sq ft balcony while enjoying a glass of wine, taking advantage of the brand-new walk-in wine cellar and fridge. A spacious primary bedroom with oversized walk-in closet and ensuite offers the perfect retreat with unbeatable views, outfitted with electric shades to control the abundant natural light. With all of the amenities of 70 Rainey, including a 72-feet infinity pool and fire pits, this condo is just steps away from premier restaurants and entertainment.
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
- $1,205
- HOA
- $1,021.14/mo
- Garage
- 2 spaces
Listing information last updated November 2, 2021.
Listed by Kuper Sotheby's Itl Rlty
MLS# 4633504 • 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
- Built-in Features
- Double Vanity
- Kitchen Island
- Multiple Living Areas
- Open Floorplan
- Primary Bedroom on Main
- Walk-In Closet(s)
- Built-In Gas Range
- Built-In Refrigerator
- Dishwasher
- Disposal
- Tile
- Wood
- Heating
- Electric
- Cooling
- Central Air
Exterior & Lot
- Balcony
- Concrete
- Terrace
- Roof
- Membrane
- Gated
- Garage Spaces
- 2
- Lake Front
- Waterfront
Financial
- HOA Fee
- $1,021 / mo
- Original List Price
- $2,850,000
- Price per Sq Ft
- $1,205
Utilities
- Cable Available
- Electricity Available
- High Speed Internet
- Natural Gas Available
- Water Available
- Sewer
- Public Sewer
Explore this area
Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $2,100,000
- Original list
- $2,850,000
- Price movement
- $750K reduction
- Listed / DOM
- Apr 27, 2021
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $1,749,850
- Assessment Year
- 2025
- Year Built
- 2018
- Parcel ID
- 000000890564
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-33.2% | — | $1,749,850 | — | — |
2024+31.1% | — | $2,621,413 | $124,268 | $1,610,582 |
2023+56.8% | — | $2,000,000 | $124,268 | $2,497,145 |
2022+7.0% | — | $1,275,858 | $124,268 | $1,875,732 |
2021 | — | $1,191,956 | $62,135 | $1,213,723 |
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 2026-06-03T07:30:06.078519+00:00; normalized from monthly dues.
Illustrative down payment
20% ($420K)
Adjustable assumption - not a lending recommendation.
Home price
$2,100,000
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
$2,100,000
Price per sqft
$1,205/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
Not available
Original to current
$750K reduction
$2.9M 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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