Represented by The Keenan Group at Compass | Sold May 15, 2019

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$8,500
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Fully Furnished up to 6 month short term lease available NOW with THE BEST view in the city! Located in the heart of the Rainey Street District bordering Lady Bird Lake, 70 Rainey residents enjoy remarkable views of the ever evolving Austin skyline and easy access to some of downtown’s top restaurants, nightlife, and outdoor recreation. You'll feel right at home with first-class amenities including several chic resident lounges, a state-of-the-art fitness center, yoga terrace, a dog park, and a 10th floor amenity deck made up of an outdoor oasis home to over 50 plant species, an outdoor lounge & kitchen, poolside cabanas, and a stunning infinity edge pool overlooking the city. Unit 2504 is fully furnished and offers a spacious 1,743 sqft floor plan with 2 beds, 3 baths, an office, and a 198 sqft balcony where you can watch the sunset over Lady Bird Lake. Featuring oak wood flooring, high ceilings, and luxurious finishes throughout. Floor-to-ceiling windows provide an incredible backdrop in the great room which beautifully blends the living room, dining room, and designer kitchen complete with an extra-large island, a decadent breakfast bar, quartz counters, European-style two-tone cabinetry, gold hardware, and stainless-steel appliances including a gas cooktop. Oversized primary suite with a dreamy custom walk-in closet and sumptuous spa bath featuring a marble-topped dual vanity, a freestanding tub, and separate frameless walk-in shower. The floor plan also incorporates a spacious second bedroom, two full guest baths, a full-size laundry room with built-ins, and a home office with wall-to-wall built-in bookcases. 2 assigned parking spaces. Rainey Street is known as one of Austin's hippest locales with food trailers, bars, and music venues within walking distance of Lady Bird Lake and the 6th Street Entertainment District. Schedule a showing!
Property Type
Residential
Year Built
2018
Lot Size
0.06 acres
$/Sq Ft
$5
Garage
2 spaces
Pool
Yes
Listed by Realty Austin
Verified property facts
70 Rainey ST Unit #2504 is listed at $8,500 with 2 bedrooms, 3 full bathrooms, 1,743 square feet, 0.06-acre lot.
70 Rainey ST Unit #2504 is zoned for Austin ISD with assigned schools: Mathews (elementary), O Henry (middle), Austin (high). School assignments should be verified directly with the district.
70 Rainey ST Unit #2504 is a Residential built in 2018 featuring 2 bedrooms, 3 full bathrooms, 1,743 square feet, 0.06-acre lot.
70 Rainey ST Unit #2504 is represented and presented by Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024), with 1,000+ completed transactions and $1B+ in career volume across Austin's luxury market.
70 Rainey ST Unit #2504 is priced at $5 per square foot across 1,743 sqft. The Downtown Austin neighborhood guide reference price is $875,000 (Downtown Austin neighborhood guide · reference price).
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
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 |
|---|---|---|---|---|
2025-22.9% | — | $2,151,116 | — | — |
2024+34.2% | — | $2,788,851 | $124,418 | $2,218,223 |
2023+62.9% | — | $2,078,823 | $124,418 | $2,664,433 |
2022+7.0% | — | $1,275,933 | $124,418 | $1,954,405 |
2021 | — | $1,192,001 | $62,210 | $1,213,723 |

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% ($2K)
Adjustable assumption - not a lending recommendation.
$8,500
Luxury property intelligence
A sourced read on Downtown Austin pricing, timing, and property scale. No automated valuation claim.
List price
$8,500
Price per sqft
$5/sqft
Vs. Neighborhood guide reference price
-99.0%
$875K · Downtown Austin neighborhood guide · reference price
Days on market
Not available
Original to current
$3.5K reduction
$12K original
Active inventory context
Ask for current inventory
Price Position in Downtown Austin
Listed 99% below 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.
Request Private Market AnalysisThis page does not assume a mortgage rate or publish a monthly payment for 70 Rainey ST Unit #2504. 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 #2504 is offered at $8,500. 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 #2504 was built in 2018, making it 8 years old with relatively recent construction.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
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.
7 events on record
Current Price
$8,500
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-22.9% | — | $2,151,116 | — | — |
2024+34.2% | — | $2,788,851 | $124,418 | $2,218,223 |
2023+62.9% | — | $2,078,823 | $124,418 | $2,664,433 |
2022+7.0% | — | $1,275,933 | $124,418 | $1,954,405 |
2021 | — | $1,192,001 | $62,210 | $1,213,723 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in 70 Rainey Residences Condominiums
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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