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The Tipsy Alchemist is an upscale cocktail bar and lounge located on Rainey Street in Austin, Texas. The Alchemist's sole purpose is to blow your mind with elevated craft cocktails through science, art, and technique in a sexy, social lounge setting. We are a premier Dallas nightlife destination. Our bar features a large, second-floor wrap-around patio at the new 70 Rainey condo tower with more beers, shareable drinks, occasional live music, and great views of Rainey Street and Downtown Austin. Contact us today to book a private event or reserve a table!