#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024This property has sold on July 25, 2022. Looking for something similar? Contact us or browse available homes.
70 Rainey ST Unit #2704
Austin, TX, 78701
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This strikingly appointed residence at 70 Rainey offers fine finishes, custom details and is intentionally positioned to capture one of the most dynamic views in downtown Austin of Lady Bird Lake and the ever-changing skyline. Views and natural light are maximized from nearly every room in this gracious space. High-end fixtures and appliances throughout include Miele appliances, European wide-plank white oak flooring, quartz countertops, marble bathroom vanities, walk-in showers, custom closets, and extensive laundry room build-out to maximize storage. Developed by Sackman Enterprises, Inc. with interior design selections by the notable MARKZEFF. 70 Rainey is set in one of Austin’s most vibrant and desirable neighborhoods. Over 31,000 square feet of indoor + outdoor resort-style amenities, experience the Rainey lifestyle while taking in the serene environment steps from Lady Bird Lake and the Ann & Roy Butler Hike & Bike Trail.
Property Type
Residential
Year Built
2018
$/Sq Ft
$1,664
HOA
$1,465.6/mo
Garage
2 spaces
Pool
Yes
Listed by Gottesman Residential R.E.
Verified property facts
70 Rainey ST Unit #2704 is listed at $2,900,000 with 2 bedrooms, 3 full bathrooms, 1,743 square feet, 0.00-acre lot. This places it above the ZIP 78701 single-family, condominium, and townhouse closed-sale median price of $623,500 (ZIP 78701 geography · single-family, condominium, and townhouse closed sales · median sale price · trailing 12 months as of Sep 4, 2026).
70 Rainey ST Unit #2704 is zoned for Austin ISD with assigned schools: Mathews (10/10) (elementary), O Henry (middle), Austin (7/10) (high). School assignments should be verified directly with the district.
70 Rainey ST Unit #2704 is a Residential built in 2018 featuring 2 bedrooms, 3 full bathrooms, 1,743 square feet, 0.00-acre lot.
70 Rainey ST Unit #2704 is listed by Gottesman Residential R.E.. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Jun 3, 2026.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
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Property Details
Features
Appliances
Flooring
Features
Construction
Foundation
Patio / Porch
Parking
Listing timeline with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-41.0% | — | $1,645,060 | — | — |
2024+65.4% | — | $2,788,851 | $124,418 | $1,610,582 |
2023+35.2% | — | $1,686,373 | $124,418 | $2,664,433 |
2022+4.7% | — | $1,247,700 | $124,418 | $1,561,955 |
2021 | — | $1,192,001 | $62,210 | $1,185,490 |
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. Ratings from GreatSchools.org.
20% ($580K)
Adjustable assumption - not a lending recommendation.
$2,900,000
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List price
$2,900,000
Price per sqft
$1,664/sqft
Vs. Neighborhood guide reference price
+231.4%
$875K · Downtown Austin neighborhood guide · reference price
Days on market
Not available
Original to current
$75K reduction
$3M original
Active inventory context
Ask for current inventory
Price Position in Downtown Austin
Listed 231% above the Downtown Austin neighborhood guide reference price. Downtown Austin neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 3, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
70 Rainey ST Unit #2704 is priced at $1,664 per square foot across 1,743 sqft. The Downtown Austin neighborhood guide reference price is $875,000 (Downtown Austin neighborhood guide · reference price).
The most recent annual property tax for 70 Rainey ST Unit #2704 is $17,813. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
This page does not assume a mortgage rate or publish a monthly payment for 70 Rainey ST Unit #2704. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Jun 3, 2026, 70 Rainey ST Unit #2704 is offered at $2,900,000. The current MLS snapshot shows 213 active listings in 78701. Keenan Group has completed 11 verified transactions in 78701 within its 1,000+ completed transactions and $1B+ career volume across Austin. See Keenan Group's Downtown Austin guide for current neighborhood analysis.
70 Rainey ST Unit #2704 was built in 2018, making it 8 years old with relatively recent construction.
The MLS listing reports HOA or association dues of $1,466 monthly for 70 Rainey ST Unit #2704. It does not establish included amenities, services, rules, reserves, or current assessments; verify those items in current association documents.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Downtown Austin is one of Austin's established neighborhoods, zoned for Austin ISD in the 78701 area. The Keenan Group has specialized in Downtown Austin real estate for 25+ years with 1,000+ career transactions. Contact (512) 415-7653 for current market conditions and available homes.
Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)
Very Walkable
Good Transit
Biker's Paradise
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
9 events on record
Current Price
$2,900,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-41.0% | — | $1,645,060 | — | — |
2024+65.4% | — | $2,788,851 | $124,418 | $1,610,582 |
2023+35.2% | — | $1,686,373 | $124,418 | $2,664,433 |
2022+4.7% | — | $1,247,700 | $124,418 | $1,561,955 |
2021 | — | $1,192,001 | $62,210 | $1,185,490 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Comparable homes that recently closed in this area
Neighborhood guide and local insights
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.
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