54 Rainey ST # 802, Austin TX 78701

Austin, TX 78701 | Milago Condo

Ed's Opinion of Value

$720,168 Ed's Estimate: $1,436,941 $2,646,030
Lowest Comp Recommended List: $861,000 to $871,000 Highest Comp
Based on 7 closed sales in MILAGO CONDO, the data points to a value around $1,436,941 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $861,000 to $871,000. This home's position in the current MILAGO CONDO market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. There are currently 7 similar homes on the market in MILAGO CONDO, ranging from $885,000 to $2,295,000. Market data shows 78701 prices fallen 23.9% over the last half year. The closest comparable sale, 603 Davis ST # 1002, Austin TX 78701 at an adjusted $720,168, is with a pool. 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
3 Beds
2 Baths 2 Full
1,557 Sq Ft
0.009 Acres
2005 Built
2 Garage

About This Property

Rarely available, this exquisite 3-bedroom, 2-bathroom condo with a private balcony is nestled within The Milago Condominiums on the Vibrant Rainey Street. Offering unparalleled vistas of Lady Bird Lake and the ever-dynamic Austin skyline, each room is a vantage point of urban beauty.

Situated directly above Waller Beach Metropark with convenient access to Rainey Street from the lobby, this residence boasts the prime spot in the bustling Rainey Street district, providing an incomparable living experience at an exceptional value. Spanning over 1,550 square feet, this luxurious condo showcases panoramic views and upscale amenities synonymous with Austin living.

Meticulously renovated and maintained, this home features an array of upgrades including new HVACS w/ Nests thermostats, a water heater, soundproof windows, California Closets, a steam room, new appliances, and pristine flooring.

The Milago offers an array of amenities including a 24/7 concierge, rooftop pool and hot tub, secured parking, and a fitness center. Additional perks include a media room on the second floor and a Wi-Fi lounge on the first floor. This unit also includes a storage space in the parking garage, along with two garage spaces conveniently located near the lobby.

Features

  • Bidet
  • Breakfast Bar
  • Granite Counters
  • Electric Dryer Hookup
  • No Interior Steps
  • Open Floorplan
  • Primary Bedroom on Main
  • Smart Thermostat
  • Track Lighting
  • Walk-In Closet(s)
  • Washer Hookup

Location

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, Barbecue, Uncovered Courtyard, Dog Run, Gas Grill, Outdoor Grill, Restricted Access
County Travis
MLS # 8883901

Parking

Garage 2 spaces

HOA & Community

HOA Fee $1,074 /Monthly
HOA Includes See Remarks

Tax Information

Annual Taxes $20,760 (2023)

Listing History

MLS# 8883901 63 days (61 CDOM)
Jul 23, 2024 Off Market
Jun 11, 2024 Price Change $975,000
Apr 24, 2024 Listed $1,095,000

Frequently Asked Questions About 54 Rainey ST # 802, Austin TX 78701

When was 54 Rainey ST # 802, Austin TX 78701 built?

54 Rainey ST # 802, Austin TX 78701 was built in 2005.

How much does 54 Rainey ST # 802, Austin TX 78701 cost?

54 Rainey ST # 802, Austin TX 78701 sold on July 23, 2024. Contact us for sale price details.

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