54 Rainey ST # 303, Austin TX 78701

Austin, TX 78701 | Milago Condo

Ed's Opinion of Value

$395,000 Ed's Estimate: $529,573 $586,317
Lowest Comp Recommended List: $400,000 to $410,000 Highest Comp
The comparable sales data (7 recent transactions in MILAGO CONDO) supports an estimated value of $529,573. The data suggests a list price between $400,000 and $410,000 would attract qualified buyers without leaving money on the table. Buyers shopping in MILAGO CONDO right now would see this as a well positioned option among 4 comparable homes. Being built in 2005 (6 years older than comps) is factored into the value estimate. Right now, 4 similar properties are competing for buyers in MILAGO CONDO, listed between $395,000 and $699,000. Prices in 78701 have fallen 12.8% over the last 6 months. A similar home at 360 Nueces ST # 2807, Austin TX 78701 carries an adjusted comparable value of $504,931, providing a strong data point. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus
1 Beds
1 Baths 1 Full
865 Sq Ft
0.005 Acres
2005 Built
1 Garage

About This Property

Leased until 4/20/15 at $1,700/month. Sophisticated 1 bedroom + Study condo at the Milago. Enjoy the serenity of waterfront living with convenience of downtown. Unit has mahogany floors, SS appliances, and solar shades. Common area renovation by ASID award winning designer, Tracey Overbeck-Stead, was completed in July 2014. Residents enjoy: 24 hr concierge, rooftop pool and spa, club room, gated parking, gym, and lounge. Investor cap recently raised to 35% by HOA, so unit can be purchased by an investor.

Features

  • Bookcases
  • Primary Bedroom on Main
  • Track Lighting
  • Walk-In Closet(s)

Location

Schools

School District Austin ISD
Elementary Mathews
Middle School O Henry
High School Austin

Property Details

Property Type Residential
Flooring Tile, Wood
Cooling Central Air
Heating Central
Exterior None
County Travis
MLS # 3388071
Garage 1 spaces

HOA & Community

HOA Fee $338 /Monthly
HOA Includes Common Area Maintenance, Insurance, Maintenance Structure

Tax Information

Annual Taxes (MLS) $5,541 (2014)

Listing History

MLS# 3388071 8 days
Feb 26, 2015 Off Market
Jan 16, 2015 Pending
Jan 8, 2015 Listed $325,000

Frequently Asked Questions About 54 Rainey ST # 303, Austin TX 78701

When was 54 Rainey ST # 303, Austin TX 78701 built?

54 Rainey ST # 303, Austin TX 78701 was built in 2005.

How much does 54 Rainey ST # 303, Austin TX 78701 cost?

54 Rainey ST # 303, Austin TX 78701 sold on February 26, 2015. Contact us for sale price details.

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