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$1,494,911

NAL Estimated Property Value

70 Rainey St Apt 1506, Austin, TX, 78701

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,743 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$5.02 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesOven, Built-In Refrigerator, Convection Oven, Dishwasher, Disposal, Dryer, Gas Cooktop, Microwave, Stainless Steel Appliance(s), Washer, Water Purifier
FlooringMarble, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size166 sqft

Building Information

Year Built2018
Stories1
Garage Spaces2

Land Information

APN02030319360000
Lot Number1506
Subdivision70 Rainey Residences Condominiums
Land UseResidential
Legal DescriptionUNT 1506 70 RAINEY RESIDENCES CONDOMINIUMS PLUS .7362 % INT IN COM AREA
Census Tract001103
Assessed Land Value$123,863
Assessed Improvement Value$1,371,048
Assessment Year2025

About this property

This luxurious, fully furnished 3-bedroom, 3-bathroom residence at the coveted 70 Rainey epitomizes elegance and modernity, featuring two isolated parking spaces close to the elevator. From the moment you enter, bespoke finishes and panoramic views of Lady Bird Lake greet you. European wide-plank white oak floors lead you through the residence, past floor-to-ceiling windows that bathe the space in natural light. The open floor plan seamlessly integrates living areas with a spacious outdoor terrace, ideal for entertaining. A chef’s kitchen boasts state-of-the-art Miele appliances, sleek quartz countertops, and ample storage. The expansive primary suite offers stunning city views and a spa-like bathroom with dual vanities, a deep soaking tub, marble-tiled shower, and a custom-built walk-in closet. A generously sized guest bedroom features an en-suite bathroom. The condo also includes a versatile den, perfect as a home office or extra bedroom, and a large utility room equipped with a full-sized washer and dryer. This residence promises an unmatched blend of luxury and convenience in a prestigious setting. 70 Rainey redefines luxury living in downtown Austin with its 173 high-rise residences designed by Page and developed by Sackman Enterprises. This iconic tower offers over 51,000 square feet of private amenities, including a rooftop garden with an infinity pool, cabanas, lush green spaces, and more, all overlooking Lady Bird Lake and the cityscape.

Investor Tools

Property Icon
$1,494,911
Estimated Property Value
$0Estimated Mortgage Balance
$1,494,911Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,969 /month
Positive
Cash Flow Estimate:
$2,990 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,319/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$32,351
$1,494,911
2025
$123,863
$1,371,048
$1,494,911
No

Tax History

Year
Tax Paid
Assessed Value
2024
$32,351
$1,494,911

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,494,911
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
2.0%

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 Apt 1506 | Property Details | No Agent List