$520,000

Property Overview

This one-bedroom condominium in the Rainey Street District positions itself as an urban sanctuary for both residents and investors seeking premium downtown Austin living. Unit 1705 sits steps from the historic bungalow bars and Lady Bird Lake's Hike & Bike Trail, placing owners within the heart of Austin's most vibrant neighborhood. The 749-square-foot layout maximizes functionality for modern city dwellers, priced at $520,000—notably 18% below the area median price per square foot—making this a compelling value in this sought-after location.

The building itself elevates the living experience with resort-caliber amenities that extend beyond typical urban condos. A rooftop pool with cabanas, state-of-the-art fitness center featuring three Peloton bikes, and a dedicated tenth-floor dog park with private wash station cater to wellness and lifestyle priorities. The co-working lounge and rooftop club room with full kitchen serve the remote professional or entertainer, while 24-hour concierge and valet parking handle the logistics of downtown living.

For those exploring income-generating opportunities, this unit's short-term rental-friendly designation appeals to investors capitalizing on Austin's tourism demand. The lobby coffee shop, in-building dining options, and proximity to Rainey Street's restaurants and nightlife create natural appeal for lease candidates. Located in a 2022-built high-rise on East Ave in Austin, TX, this property merges lifestyle accessibility with practical financial flexibility.

Agent Description

Located in the heart of downtown Austin, #1705 offers unmatched access to the city’s most exciting destinations—just steps from Rainey Street, the Lady Bird Lake Hike & Bike Trail, and a variety of renowned dining and entertainment options. This property is short-term rental friendly and easy to lease, making it an ideal choice for both investors and those seeking a flexible city lifestyle. Residents enjoy an array of resort-style amenities, including a rooftop pool with cabanas, a fully equipped fitness center with three Peloton bikes, 24-hour concierge service, valet parking, and exclusive owner privileges. Additional features include a co-working lounge, a rooftop club room with a full kitchen, a stylish coffee shop/bar in the lobby, and a dedicated 10th-floor dog park complete with a private dog wash station. Whether you're looking for a vibrant place to live or a turn-key income property, #1705 delivers luxury, convenience, and the best of Austin right at your doorstep.

Neighborhood: Rainey Street District

This property is located in Rainey Street District, Austin, TX. The area is known for Historic Bungalow Bars, Lady Bird Lake Access, Luxury High-Rises, Skyline Views, Vibrant Nightlife.

At $694/sqft, this listing is priced 16% below the Rainey Street District median of $830/sqft.

Property Details

Listing data last updated: May 19, 2026

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