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$986,858

NAL Estimated Property Value

70 Rainey ST 2007, Austin, TX, 78701

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,128 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1,054.96 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2

Exterior

Lot Size105 sqft

Building Information

Year Built2018
Stories1

Land Information

APN02030319830000
Lot Number2007
Subdivision70 Rainey Residences Condominiums
Land UseResidential
Legal DescriptionUNT 2007 70 RAINEY RESIDENCES CONDOMINIUMS PLUS .4631 % INT IN COM AREA
Census Tract001103
Assessed Land Value$77,918
Assessed Improvement Value$908,940
Assessment Year2025

About this property

Modern Elegance on Rainey Street. A premier Rainey Street District condo, this corner unit boasts stunning modern interiors with endless Austin views. The open-concept living room and kitchen feature floor-to-ceiling windows, soaring ceilings, and wide-plank hardwood floors throughout. Enjoy the spacious balcony on a high floor to drink your morning coffee with an incredible view. The designer kitchen is an impeccable space with stainless steel appliances, marble countertops, brass hardware, and ample cabinetry. Light pours into the primary bedroom that offers additional floor-to-ceiling windows, a walk-in closet, and a luxurious primary bathroom with high-end fixtures and finishes including dual vanities, a glass-enclosed marble shower, and elegant brass hardware. This residence also features a second bedroom and a full bathroom with equally beautiful finishes. There is an in-unit washer and dryer for your convenience. Luxury Amenities Abound. Seventy Rainey features a full suite of luxury amenities ranging from relaxation and rejuvenation to fun and functionality. The infinity pool overlooks Lady Bird Lake and the downtown Austin skyline. There are multiple sundecks and covered outdoor dining areas with TVs and grills for your entertainment. Lush landscaping makes the terrace feel like a green garden in the sky. Take advantage of the incredible outdoor common area with turf, a pool table, a well-appointed dog park, and a fire pit and lounge areas. Indoor common areas are perfect for work or pleasure, with plenty of space for relaxation or productivity, including lounge areas, dining space, a theater room, and a state-of-the-art fitness center. A Prime Rainey Street District Location. Situated in the heart of Rainey, enjoy the incredible nightlife and restaurants Rainey Street, downtown, and East Austin have to offer just moments from your door. 24 Hour Advance Showing Notice.

Investor Tools

Property Icon
$986,858
Estimated Property Value
$0Estimated Mortgage Balance
$986,858Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,140 /month
Positive
Cash Flow Estimate:
$2,380 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,126/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$20,583
$986,858
2025
$77,918
$908,940
$986,858
No

Tax History

Year
Tax Paid
Assessed Value
2024
$20,583
$986,858

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$986,858
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
N/A
+$2,440/mo
3.0%

Learn About the Market: Opportunity in Austin

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Explore

Austin

Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.

From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.4%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$555,300

Unemployment Rate

Unemployment Rate

3.20%

Price Trend

Price Trend

~0.4% YoY growth

New Permits

New Permits

2,269 units

City: Austin

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70 Rainey ST 2007 | Property Details | No Agent List