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$1,327,966

70 Rainey St Apt 2902, Austin, TX, 78701

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,321 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$4.54 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2

Exterior

Lot Size126 sqft

Building Information

Year Built2018
Stories1

Land Information

APN02030320470000
Lot Number2902
Subdivision70 Rainey Residences Condominiums
Land UseResidential
Legal DescriptionUNT 2902 70 RAINEY RESIDENCES CONDOMINIUMS PLUS .5539 % INT IN COM AREA
Census Tract001103
Assessed Land Value$93,188
Assessed Improvement Value$1,234,778
Assessment Year2025

About this property

Looking for a sleek and modern place to call home? Look no further than this gorgeous two-bedroom, two-bath condominium in the highly desirable Rainey Street District on the 29th floor. This recently renovated space boasts stunning contemporary finishes and an open floor plan perfect for entertaining friends and family. With plenty of natural light and beautiful city and lake views, you'll always want to stay and relax on your private balcony. Plus, being located in the Rainey Street District means you'll be just steps away from some of Austin's best restaurants, bars, and entertainment. So take advantage of this amazing opportunity to lease a slice of heaven. With unobstructed views of Lady Bird Lake, the Austin Hill Country, and Austin's downtown skyline, you will enjoy all Austin offers. Whether you're an avid nature lover or appreciate breathtaking sunsets, you will find your zen in this stunning space. With an open floor plan and a focus on natural light and modern design, this apartment perfectly matches anyone who loves entertaining. Amenities include 24-Hour Concierge Service, Fitness Center, Pool with Sun Deck and Panoramic Views, Private Resident Lounge, Yoga deck, Outdoor Kitchen and Entertaining Area Dog Park with Grooming Station, Bike Storage and Repair Station, On-Site Parking Garage with two side-by-side reserved parking spaces, and Wi-Fi Access in all Common Areas. Have a four-legged friend; the landlord is negotiable!

Investor Tools

Property Icon
$1,327,966
Estimated Property Value
$0Estimated Mortgage Balance
$1,327,966Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,968 /month
Positive
Cash Flow Estimate:
$2,656 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,776/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$26,675
$1,327,966
2025
$93,188
$1,234,778
$1,327,966
No

Tax History

Year
Tax Paid
Assessed Value
2024
$26,675
$1,327,966

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,327,966
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
2.2%

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.

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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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