54 Rainey ST # 320, Austin TX 78701

Off Market

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Ed's Opinion of Value

$264,900 Ed's Estimate: $435,830 $447,056

Lowest Comp Recommended List: $276,000 to $286,000 Highest Comp

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $435,830. To generate strong buyer interest while maximizing value, I'd price this between $276,000 and $286,000. Against 7 similar active listings in MILAGO CONDO, this price point lands at the 2nd most expensive of 7 comparable homes on the market. Right now, 7 similar properties are competing for buyers in MILAGO CONDO, listed between $264,900 and $500,000. The trend in MILAGO CONDO shows prices have risen 72.1% in the past 6 months. 360 Nueces ST # 3506, Austin TX 78701 nearby adjusts to $445,155; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group

MILAGO CONDO Market Trends

$585,000 Median Sold Price ▲ 72.1% 6mo

$502/sqft Median $/SqFt ▲ 15.4% 6mo

88 days Avg Days on Market 129 days faster

3 homes Active Inventory 6 mo supply

98.3% Sale-to-List Ratio

3 Sales (6 months)

Recently Sold Comparables

$445,155 adjusted 360 Nueces ST # 3506, Austin TX 78701 1bd / 1.0ba • 748 sqft • 0.9 mi Sold 1 months ago

$430,305 adjusted 360 Nueces ST # 1118, Austin TX 78701 1bd / 1.0ba • 760 sqft • 0.9 mi Sold 4 months ago

$404,990 adjusted 360 Nueces ST # 2506, Austin TX 78701 1bd / 1.0ba • 748 sqft • 0.9 mi Sold 5 months ago

$447,056 adjusted 360 Nueces ST # 1318, Austin TX 78701 1bd / 1.0ba • 760 sqft • 0.9 mi Sold 3 months ago

$399,740 adjusted 360 Nueces ST # 2906, Austin TX 78701 1bd / 1.0ba • 748 sqft • 0.9 mi Sold 5 months ago

Currently on Market

$264,900 507 Sabine ST # 404, Austin TX 78701 1bd / 1.0ba • 728 sqft • 0.6 mi 3 days on market

$425,500 360 Nueces ST # 1518, Austin TX 78701 1bd / 1.0ba • 760 sqft • 0.9 mi 400 days on market

$399,000 360 Nueces ST # 1208, Austin TX 78701 1bd / 1.0ba • 732 sqft • 0.9 mi 6 days on market

1 Beds

1 Baths 1 Full

750 Sq Ft

0.004 Acres

2005 Built

1 Garage

About This Property

Excellent location on Rainey Street! This beautiful one-bedroom condo at the Milago on Rainey Street has easy access to Lady Bird Lake and trail. Walking distance to numerous bars and restaurants in the area. Quiet unit on the lakeside of the building has an expanded patio with direct access to the community terrace. Community amenities include a rooftop pool, spa, grills, gym, club room, gated parking, and 24/7 concierge. Unit has one reserved garage parking space. No carpet, enjoy beautiful hardwood flooring, granite countertops, stainless steel appliances, ceiling fans and large walk in closet.

Features

Breakfast Bar
Electric Dryer Hookup
High Speed Internet
Primary Bedroom on Main
Soaking Tub
Walk-In Closet(s)
Washer Hookup

Location

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Schools

School District Austin ISD

Elementary Mathews

Middle School O Henry

High School Austin

Property Details

Property Type Residential

Flooring No Carpet, Tile, Wood

Cooling Central Air, Electric

Heating Central, Electric

Exterior None

County Travis

MLS # 1130045

Garage 1 spaces

HOA & Community

HOA Fee $398 /Monthly

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

Tax Information

Annual Taxes (MLS) $6,693 (2020)

Listing History

MLS# 1130045 11 days (7 CDOM)

Apr 15, 2021	Off Market
Mar 4, 2021	Listed		$400,000

MLS# 2695613 141 days

Jul 7, 2017	Off Market
Jan 31, 2017	Listed		$378,000

MLS# 3099182 6 days

Dec 1, 2015	Off Market
Nov 25, 2015	Listed		$1,895

Frequently Asked Questions About 54 Rainey ST # 320, Austin TX 78701

When was 54 Rainey ST # 320, Austin TX 78701 built?

54 Rainey ST # 320, Austin TX 78701 was built in 2005.

How much does 54 Rainey ST # 320, Austin TX 78701 cost?

54 Rainey ST # 320, Austin TX 78701 sold on April 15, 2021. Contact us for sale price details.

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