70 Rainey is a boutique-sized tower on Rainey Street, completed in September 2019, with fewer homes than most of its newer neighbors.
I've toured and shown homes in every downtown condo tower, including 70 Rainey. This page pulls together the facts buyers ask about first, followed by the homes currently for sale in the building.
Building facts | |
|---|---|
Address | 70 Rainey St., Austin, TX 78701 |
Area | Rainey Street |
Completed | 2019 |
Stories | 33 to 34 |
Homes | 164 condos |
Developer | Sackman Enterprises |
Design | Page, with interiors by MARKZEFF |
Distance to the Butler Trail | About 600 feet, straight-line, by City of Austin map data |
Where public sources disagree on story or unit counts, a range is shown.
70 Rainey has:
Confirm current amenities, hours and any fees with the association before you buy. If you own here, a well-run amenity floor is part of what you're selling, so show it off in your listing photos.
Albert's Take
Standout amenity: Saunas, rooftop gardens and an infinity-edge pool with cabanas, in more than 31,000 square feet of amenity space.
Rentals: Leasing rules come from the HOA, so check lease minimums and any leasing cap before you buy as an investment.
Street level: Bar Hacienda, a cocktail bar, opened in the building's second-floor space in May 2026, and there's restaurant space at street level. A drink is an elevator ride away.
Nearby: Rainey Street's restaurants and bars are steps away, and the Butler Trail is about 600 feet.
Views: Lady Bird Lake, the downtown skyline and the Hill Country, depending on the side of the building.
Selling here: With 164 homes, fewer listings compete with yours at any one time. Show off the views and the amenity floor.
Rainey Street's bars and restaurants are steps away, including Kinsho, a sushi and omakase bar that opened at 51 Rainey in spring 2026, and Fleet Coffee at 88½ Rainey. The Waterloo Greenway's Confluence, which opened in June 2026, links the district to Palm Park and the Butler Trail.
70 Rainey is in Austin ISD. A sample address here was zoned to Mathews Elementary, O. Henry Middle and Austin High for 2026-27, according to the Austin ISD School Finder. Austin High offers four academies with placement by lottery, and Kealing Middle's magnet program is open by application. Confirm zoning for the exact unit.
If you already own here, the same list is your prep sheet for selling: request the resale certificate early, gather your parking and storage documents, and keep receipts and permits for any upgrades so buyers can see what they're paying for.
Current 70 Rainey listings appear below. Compare it with other towers in our Downtown Austin condo buildings guide, or browse all Downtown Austin condos for sale.
Leasing and short-term rental rules at 70 Rainey are set by the condominium declaration and the association's rules, and I couldn't confirm the current rules from a public source. In my experience, many downtown associations require a minimum lease term, cap how many homes can be leased at once (often no more than about 10% of units) and prohibit stays shorter than 30 days. If you plan to lease, read the declaration, the rules and the resale certificate before you buy.
The City of Austin also licenses short-term rentals. Under rules that took effect Oct. 1, 2025, an individual may operate the greater of one unit or 10% of their units in a multifamily property, or 25% at sites with four or more units and a commercial use, according to the City. A City license doesn't override a building's own ban.
The same rules matter when it's time to sell. Investors ask about leasing first, so owners who have the current rules and any leasing permit status in hand can answer that question on day one instead of losing a showing to it.
Looking to Sell?
What is your 70 Rainey condo worth?
I'll prepare a complimentary home valuation based on recent sales in the building and the details buyers pay for here: floor, view, parking and updates.
Albert Allen is an Austin native and Luxury Real Estate Advisor with Compass, with more than a decade of experience helping clients buy and sell across Austin.
Albert represents buyers and sellers in 70 Rainey and throughout Downtown Austin's high-rise condos. Schedule a Walk & Talk, request a home valuation or ask about private listings.
70 Rainey is at 70 Rainey St. in the Rainey Street part of Downtown Austin, ZIP code 78701.
70 Rainey was completed in 2019 and has 33 to 34 stories, with 164 condos.
Check the declaration and rules for the current policy. Many downtown associations prohibit stays shorter than 30 days and limit how many homes can be leased, and City of Austin licensing rules apply on top of any HOA rules.
About 600 feet to the Butler Trail, measured straight-line with City of Austin map data. Walking routes are longer.
Compare 70 Rainey with the other condo towers downtown, or see them side by side in our Downtown Austin condo buildings guide.
Browse All Downtown Austin Condos
Sources: Council on Tall Buildings and Urban Habitat; developer, architect and builder project pages; hotel operator pages where applicable; Texas Department of Licensing and Regulation; City of Austin (GIS address points and trail data, short-term rental program, Ordinance 20250911-012); Austin ISD School Finder (checked Nov. 8, 2026); The Trail Conservancy; Austin Monitor; Community Impact; KVUE; CBS Austin. Building facts may differ slightly from HOA records. Albert Allen, REALTOR®, Compass RE Texas, LLC. Information is believed reliable but not guaranteed. Photo: 70 Rainey, 2019, by Pixelsandbacon, CC BY-SA 4.0, via Wikimedia Commons.
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