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1 bed, 1 bath, 908 sqft in Downtown Austin. Austin, TX 78701. Asking rent $3,400/mo, leased February 17, 2026. Austin ISD.
About This Home
Elevate your lifestyle in the heart of Downtown Austin with Vesper Rainey Street, a shining beacon of modern elegance and urban vibe. This prestigious address offers breathtaking cityscape views and puts you at the pulse of Austin's vibrant energy. Our thoughtfully designed luxury condos blend sleek modernity with the dynamic spirit of Rainey Street, providing an exclusive haven for discerning residents. Indulge in a world of luxury at Vesper Rainey Street. Our top-tier amenities are crafted to enhance your living experience. Dive into the panoramic scenery from our stunning rooftop pool, stay fit in our state-of-the-art fitness studio, and unwind in our chic resident lounge. With 24-hour concierge services and exclusive coworking spaces, every detail is catered to your utmost comfort. Step into the A11 floor plan on the 34th floor, a spectacular corner unit boasting unobstructed North & East views. Watch the sunrise in a breathtaking display each morning. This unit is fully equipped with essential appliances, including a washer & dryer, and comes with blinds installed throughout, offering privacy and convenience from the moment you move in. Experience the peak of Downtown Austin living at Vesper Rainey Street, where luxury meets convenience in every detail.
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 Lease
- Year Built
- 2024
- Garage
- 1 spaces
Listing information last updated February 21, 2026.
Listed by Ultima Real Estate
MLS# 5477013 • 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
- Primary Bedroom on Main
- Cooktop
- Dishwasher
- Disposal
- Microwave
- Refrigerator
- Washer
- Dryer
- Tile
- Wood
- Cooling
- Central Air
Exterior & Lot
- Balcony
- City Lot
- Assigned
- Garage
- Garage Spaces
- 1
Financial
- Original List Price
- $3,600
- Price per Sq Ft
- $4
Utilities
- Underground Utilities
- Sewer
- Public Sewer
Explore this area
Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $3,400
- Original list
- $3,600
- Price movement
- $200 reduction
- Listed / DOM
- Aug 5, 2025
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $176,155
- Assessment Year
- 2025
- Year Built
- 2023
- Parcel ID
- 000000990769
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $176,155 | $27,875 | — |
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, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($680)
Adjustable assumption - not a lending recommendation.
$3,400
Luxury property intelligence
Keenan Market Position
A sourced read on Downtown Austin pricing, timing, and property scale. No automated valuation claim.
List price
$3,400
Price per sqft
$4/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
Not available
Original to current
$200 reduction
$3.6K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 18, 2026.
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