54 Rainey ST # 613, Austin TX 78701

Austin, TX 78701 | Milago Condo

Ed's Opinion of Value

$471,608 Ed's Estimate: $723,239 $1,044,000
Lowest Comp Recommended List: $591,000 to $601,000 Highest Comp
The market data from 7 similar recent sales in MILAGO CONDO points to a value of approximately $723,239. To sell within a reasonable timeframe at fair market value, the $591,000 to $601,000 range is where I'd position this. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in MILAGO CONDO. Right now, 7 similar properties are competing for buyers in MILAGO CONDO, listed between $599,000 and $1,044,000. In MILAGO CONDO, home values have fallen approximately 11% over the past 6 months. One of the strongest data points is 603 Davis ST # 603, Austin TX 78701, adjusting to $471,608; 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
2 Beds
2 Baths 2 Full
1,164 Sq Ft
0.0067 Acres
2005 Built
2 Garage

About This Property

***One of the Best Resale Values in Downtown Austin*** This residence is priced significantly less than the average downtown price per SF at just around $451.03 per SF! In addition, Milago is one of the few existing buildings without a waitlist to lease (Lease permit availability to be confirmed with management)! Milago Condos Residence No. 613 offers a beautifully maintained home with thoughtful updates throughout. This pristine condo has been gently lived in, ensuring it’s in excellent condition and ready for its next owner. The open floor plan seamlessly integrates the living, dining, and kitchen areas, providing a spacious and inviting atmosphere. The kitchen features original appliances, complemented by updated neutral-colored cabinetry for a fresh, contemporary feel. Conveniently, there is a small coat closet and a washer and dryer closet located in the living room. The master bedroom boasts operable windows and upgraded wooden floors, offering both natural light and warmth. The master bathroom is designed for comfort with dual vanities, granite countertops, a separate tub, a separate shower, and a small walk-in closet with high ceilings for added storage. The guest bedroom is also well-appointed, featuring operable windows and upgraded wooden floors, with easy access to the guest bathroom. Step outside onto the private terrace, where you'll enjoy serene townhome views and the tranquility of the surrounding treetops—a perfect space for relaxation. Milago Condos provides an exceptional living experience with its modern amenities, prime location, and serene surroundings.

Features

  • Breakfast Bar
  • Ceiling Fan(s)
  • Kitchen Island
  • Primary Bedroom on Main
  • Solar Tube(s)

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 Tile, Wood
Cooling Ceiling Fan(s), Central Air
Heating Central
Exterior Balcony
County Travis
MLS # 8933928

Parking

Garage 2 spaces

HOA & Community

HOA Fee $800 /Monthly
HOA Includes Insurance

Listing History

MLS# 8933928 - Updated Mar 22, 2026 184 days
Jul 17, 2025 Off Market
May 28, 2025 Price Change $525,000
Nov 18, 2024 Listed $550,000

Frequently Asked Questions About 54 Rainey ST # 613, Austin TX 78701

When was 54 Rainey ST # 613, Austin TX 78701 built?

54 Rainey ST # 613, Austin TX 78701 was built in 2005.

How much does 54 Rainey ST # 613, Austin TX 78701 cost?

54 Rainey ST # 613, Austin TX 78701 sold on July 17, 2025. Contact us for sale price details.

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