54 Rainey # 903, Austin TX 78701

Off Market

Exterior Front : Open floorplan with warm, open kitchen is perfect for cooking and conversing.

Additional photos available to registered users

Ed's Opinion of Value

$336,960 Ed's Estimate: $443,752 $576,428

Lowest Comp Recommended List: $506,000 to $543,000 Highest Comp

Based on 7 closed sales in 78701, the data points to a value around $443,752 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $506,000 to $543,000. This pricing would rank the home as the 2nd least expensive of 7 comparable homes on the market in 78701's current inventory. Current inventory shows 7 comparable homes in 78701; a buyer's market based on recent absorption. Market data shows 78701 prices fallen 24.1% over the last half year. The closest comparable sale, 54 Rainey ST # 817, Austin TX 78701 at an adjusted $336,960, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78701. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group

78701 Market Trends

$569,548 Median Sold Price ▼ 24.1% 6mo

$643/sqft Median $/SqFt ▼ 3.6% 6mo

120 days Avg Days on Market 9 days slower

240 homes Active Inventory 14.7 mo supply

94.7% Sale-to-List Ratio

98 Sales (6 months)

Recently Sold Comparables

$336,960 adjusted 54 Rainey ST # 817, Austin TX 78701 1bd / 1.0ba • 865 sqft • 0 mi Sold 9 months ago

$363,000 adjusted 54 Rainey ST # 1017, Austin TX 78701 1bd / 1.0ba • 865 sqft • 0 mi Sold 6 months ago

$543,086 adjusted 360 Nueces ST # 3207, Austin TX 78701 1bd / 1.0ba • 852 sqft • 0.9 mi Sold 2 months ago

$558,640 adjusted 360 Nueces ST # 3807, Austin TX 78701 1bd / 1.0ba • 852 sqft • 0.9 mi Sold 4 months ago

$576,428 adjusted 360 Nueces ST # 1701, Austin TX 78701 1bd / 1.0ba • 801 sqft • 0.9 mi Sold 1 days ago

Currently on Market

$446,000 54 Rainey ST # 416, Austin TX 78701 1bd / 1.0ba • 852 sqft • 0 mi 154 days on market

$399,000 603 Davis ST # 2007, Austin TX 78701 1bd / 1.0ba • 879 sqft • 0.2 mi 70 days on market

$479,000 360 Nueces ST # 1407, Austin TX 78701 1bd / 1.0ba • 852 sqft • 0.9 mi 148 days on market

1 Beds

1 Baths 1 Full

865 Sq Ft

0.01 Acres

2005 Built

1 Garage

About This Property

Convenient urban living in relaxing location on Town Lake. Granite, hardwoods, & heated pool, hot tub, and state of the art fitness room. Direct access to Town Lake Hike & Bike, I-35, UT, & downtown.Restrictions: Yes

Features

Primary Bedroom on Main

Location

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Schools

School District Austin ISD

Elementary Mathews

Middle School Martin

High School Austin

Property Details

Property Type Residential

Flooring Tile, Wood

Cooling Central Air

Heating Central

Exterior Elevator

County Travis

MLS # 7515758

Parking

Garage 1 spaces

HOA & Community

HOA Fee $260 /Monthly

HOA Includes Common Area Maintenance, Insurance, Landscaping, Maintenance Structure, Trash

Listing History

MLS# 7515758 77 days

Nov 16, 2007	Off Market
Nov 2, 2007	Pending
Oct 19, 2007	Price Change	$249,000
Aug 15, 2007	Listed	$265,000

Frequently Asked Questions About 54 Rainey # 903, Austin TX 78701

When was 54 Rainey # 903, Austin TX 78701 built?

54 Rainey # 903, Austin TX 78701 was built in 2005.

How much does 54 Rainey # 903, Austin TX 78701 cost?

54 Rainey # 903, Austin TX 78701 sold on November 16, 2007. Contact us for sale price details.

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