54 Rainey ST # 619, Austin TX 78701

Off Market

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Ed's Opinion of Value

$264,900 Ed's Estimate: $437,870 $500,000

Lowest Comp Recommended List: $278,000 to $288,000 Highest Comp

Based on 7 closed sales in MILAGO CONDO, the data points to a value around $437,870 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $278,000 to $288,000. This would position the home competitively among 7 active listings in MILAGO CONDO. With 7 similar homes currently listed in MILAGO CONDO (a buyer's market), competition is a factor to consider. Market data shows MILAGO CONDO prices risen 72.1% over the last half year. The closest comparable sale, 360 Nueces ST # 3506, Austin TX 78701 at an adjusted $447,225, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in MILAGO CONDO. 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

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

$447,225 adjusted 360 Nueces ST # 3506, Austin TX 78701 1bd / 1.0ba • 748 sqft • 0.9 mi Sold 1 months ago

$432,375 adjusted 360 Nueces ST # 1118, Austin TX 78701 1bd / 1.0ba • 760 sqft • 0.9 mi Sold 4 months ago

$449,126 adjusted 360 Nueces ST # 1318, Austin TX 78701 1bd / 1.0ba • 760 sqft • 0.9 mi Sold 3 months ago

$407,060 adjusted 360 Nueces ST # 2506, Austin TX 78701 1bd / 1.0ba • 748 sqft • 0.9 mi Sold 5 months ago

$401,810 adjusted 360 Nueces ST # 2906, Austin TX 78701 1bd / 1.0ba • 748 sqft • 0.9 mi Sold 5 months ago

Currently on Market

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

$500,000 360 Nueces ST # 3910, Austin TX 78701 1bd / 1.0ba • 770 sqft • 0.9 mi 61 days on market

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

1 Beds

1 Baths 1 Full

756 Sq Ft

0.004 Acres

2005 Built

1 Garage

About This Property

Fabulous condo in desirable Rainey St. district with views of the downtown skyline from your private balcony! Spacious kitchen opens to large living and dining area with wall of windows providing lots of natural light. Kitchen features granite countertops, stainless appliances and breakfast bar. Large walk-in closet in bedroom and washer/dryer conveys with unit. Easy care wood flooring in living/dining areas. Community amenities include rooftop pool and spa, gas grills, clubroom, gym, WIFI lounge and secure parking (1 reserved parking space). Enjoy Rainey St dining and nightlife, easy access to the hike and bike trail and Lady Bird Lake!

Features

Breakfast Bar
Granite Counters
Electric Dryer Hookup
Primary Bedroom on Main
Track Lighting
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 Carpet, Tile, Wood

Cooling Central Air

Heating Central

Exterior Balcony

County Travis

MLS # 9956168

Garage 1 spaces

HOA & Community

HOA Fee $401 /Monthly

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

Tax Information

Annual Taxes (MLS) $7,991 (2020)

Listing History

MLS# 9956168 18 days (16 CDOM)

May 14, 2021	Off Market
Mar 27, 2021	Listed		$449,000

MLS# 2556727 31 days

Apr 29, 2010	Off Market
Mar 8, 2010	Listed		$209,900

MLS# 9173676 92 days

Oct 25, 2008	Off Market
Jul 25, 2008	Listed		$1,650

MLS# 3730759 49 days

Nov 17, 2006	Off Market
Sep 18, 2006	Listed		$1,500

Frequently Asked Questions About 54 Rainey ST # 619, Austin TX 78701

When was 54 Rainey ST # 619, Austin TX 78701 built?

54 Rainey ST # 619, Austin TX 78701 was built in 2005.

How much does 54 Rainey ST # 619, Austin TX 78701 cost?

54 Rainey ST # 619, Austin TX 78701 sold on May 14, 2021. Contact us for sale price details.

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