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Paseo Residential Tower Delivers Luxury Units to Austin Rainey Street District

The Paseo residential tower on Austin's Rainey Street features luxury penthouses, including the Ladybird unit which is listed for $45,000 per month.

By Colin Percy · May 19, 2026

The Paseo residential tower in the Rainey Street district of Austin has officially unveiled its luxury penthouse collection, targeting the ultra-high-end rental market. The building operates as a self-contained ecosystem, offering amenities such as concierge services, private chef dinner reservations, and dedicated social programming, including a resident-only run club.

Penthouse pricing reflects the development's high-end positioning, with the "Reina" one-bedroom model starting at approximately $16,500 monthly, the "Bluebonnet" unit at $22,500, and the "Ladybird" penthouse listed near $45,000 per month. Designed with floor-to-ceiling glass and high-end finishes, the units prioritize privacy and lake views while functioning as part of a broader vertical expansion in the historic Rainey Street neighborhood.

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