54 Rainey ST # 513, Austin TX 78701

Off Market

Additional photos available to registered users

Ed's Opinion of Value

$471,569 Ed's Estimate: $669,948 $747,862

Lowest Comp Recommended List: $524,000 to $534,000 Highest Comp

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $669,948. Pricing this home between $524,000 and $534,000 would put it in the competitive sweet spot for MILAGO CONDO. This pricing would rank the home as the most expensive of 3 comparable homes on the market in MILAGO CONDO's current inventory. Buyers in MILAGO CONDO have 3 comparable options right now, with asking prices between $550,000 and $675,000. Market data shows 78701 prices fallen 10.6% over the last half year. The closest comparable sale, 603 Davis ST # 603, Austin TX 78701 at an adjusted $471,569, is a strong comparable. The comp data here (7 sales in MILAGO CONDO) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus

78701 Market Trends

$602,500 Median Sold Price ▼ 10.6% 6mo

$689/sqft Median $/SqFt ▲ 3.3% 6mo

114 days Avg Days on Market 4 days slower

219 homes Active Inventory 11.3 mo supply

94.6% Sale-to-List Ratio

116 Sales (6 months)

Recently Sold Comparables

$471,569 adjusted 603 Davis ST # 603, Austin TX 78701 2bd / 2.0ba • 1,175 sqft • 0.1 mi Sold 7 months ago

$498,334 adjusted 603 Davis ST # 703, Austin TX 78701 2bd / 2.0ba • 1,176 sqft • 0.2 mi Sold 6 months ago

$669,870 adjusted 603 Davis ST # 813, Austin TX 78701 2bd / 2.0ba • 1,219 sqft • 0.2 mi Sold 9 months ago

$747,862 adjusted 360 Nueces ST # 1116, Austin TX 78701 2bd / 2.0ba • 1,117 sqft • 0.9 mi Sold 3 months ago

$734,386 adjusted 360 Nueces ST # 2105, Austin TX 78701 2bd / 2.0ba • 1,225 sqft • 0.9 mi Sold 3 months ago

Currently on Market

$675,000 603 Davis ST # 2011, Austin TX 78701 2bd / 2.0ba • 1,219 sqft • 0.1 mi 11 days on market

$630,000 603 Davis ST # 1704, Austin TX 78701 2bd / 2.0ba • 1,252 sqft • 0.2 mi 2 days on market

$550,000 603 Davis ST # 1409, Austin TX 78701 2bd / 2.0ba • 1,286 sqft • 0.1 mi 78 days on market

2 Beds

2 Baths 2 Full

1,164 Sq Ft

0.0067 Acres

2005 Built

2 Garage

About This Property

Located within Austin’s Rainey Street District, walking distance to Austin’s Butler Hike trail, easy access to upscale dinning and entertainment, this beauty offers views of the most desirable city in America! Escape the busy city life in this Oasis located on the 5th floor at Milago Condominiums. This spacious condo is a 2BED/2 BATH open floor plan for anyone looking to live in the heartbeat of Austin. Condo includes: 24 hour concierge service, gorgeous rooftop pool, 24 hour access to all amenities, 2 reserved garage parking spots, and a private balcony.

Features

2 Primary Baths
2 Primary Suites
Breakfast Bar
Ceiling Fan(s)
Granite Counters
Double Vanity
Electric Dryer Hookup
Eat-in Kitchen
In-Law Floorplan
Kitchen Island
No Interior Steps
Walk-In Closet(s)
Washer Hookup

Location

Map loading...

Schools

School District Austin ISD

Elementary Mathews

Middle School O Henry

High School Austin

Property Details

Property Type Residential Lease

Flooring Carpet, Tile, Wood

Cooling Central Air

Heating Central

Exterior Outdoor Grill

County Travis

MLS # 3722214

Garage 2 spaces

Listing History

MLS# 3722214 41 days

Feb 24, 2025	Off Market
Jan 14, 2025	Price Change	$2,900
Jan 8, 2025	Listed	$2,795

MLS# 1594185 361 days

Dec 30, 2024	Off Market
Jan 4, 2024	Listed		$620,000

MLS# 2244481 12 days

Feb 3, 2015	Off Market
Jan 16, 2015	Listed		$2,250

Frequently Asked Questions About 54 Rainey ST # 513, Austin TX 78701

When was 54 Rainey ST # 513, Austin TX 78701 built?

54 Rainey ST # 513, Austin TX 78701 was built in 2005.

How much does 54 Rainey ST # 513, Austin TX 78701 cost?

54 Rainey ST # 513, Austin TX 78701 sold on February 24, 2025. Contact us for sale price details.

Similar Properties

$770 4910 Pepper LN # D, Austin TX 78744 2 bd | 1 ba

$775 6110 Wheless CV # D, Austin TX 78723 2 bd | 1 ba

$795 7300 Twin Crest DR # 201, Austin TX 78752 2 bd | 1 ba

$700 2510 San Gabriel ST # B, Austin TX 78705 1 bd | 1 ba

Browse More Properties

2-Bedroom Rentals in Austin Rentals under $300K in Austin All Homes for Rent in Austin Rentals in 78701 Rentals in Travis County Rentals in Austin ISD All 2-Bedroom Rentals Homes for Rent Land for Sale

Request Tour

Contact Agent

Interested in this property?

Get more information or schedule a tour

Your Name *

Email Address *

Phone Number *

Message *

Are you currently working with an agent? *

I'd like to schedule a tour

I am pre-qualified for financing

By submitting this form, you consent to receive communications from Neuhaus Realty Group via phone, email, or text regarding your property inquiry. You may opt out at any time. Your information will not be shared. See our Privacy Policy.