54 Rainey ST # 804, Austin TX 78701

Off Market

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Ed's Opinion of Value

$482,182 Ed's Estimate: $674,921 $937,515

Lowest Comp Recommended List: $533,000 to $543,000 Highest Comp

The estimated value of this property is $674,921, based on 6 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $533,000 and $543,000. At this price, the property would be the most expensive of 4 comparable homes on the market comparable homes currently on the market in MILAGO CONDO. Current inventory shows 4 comparable homes in MILAGO CONDO; a buyer's market based on recent absorption. Recent trends in 78701 show home values have fallen 10.6% since 6 months ago. The most comparable recent sale is 603 Davis ST # 703, Austin TX 78701, with an adjusted value of $509,627; a strong comparable. With 6 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group

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

225 homes Active Inventory 11.6 mo supply

94.6% Sale-to-List Ratio

116 Sales (6 months)

Recently Sold Comparables

$509,627 adjusted 603 Davis ST # 703, Austin TX 78701 2bd / 2.0ba • 1,176 sqft • 0.2 mi Sold 6 months ago

$482,182 adjusted 603 Davis ST # 603, Austin TX 78701 2bd / 2.0ba • 1,175 sqft • 0.1 mi Sold 7 months ago

$682,225 adjusted 603 Davis ST # 813, Austin TX 78701 2bd / 2.0ba • 1,219 sqft • 0.2 mi Sold 9 months ago

$937,515 adjusted 360 Nueces ST # 4009, Austin TX 78701 2bd / 2.0ba • 1,244 sqft • 0.9 mi Sold 23 days ago

$747,449 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

1,189 Sq Ft

0.007 Acres

2005 Built

2 Garage

About This Property

Breathtaking, unobstructed views of Lady Bird Lake from every room+private balcony. Wood floors/SS appliances/granite counters/open kitchen/natural light galore, w/ 2 resv’d spots in garage. Rooftop pool+hot tub+grill features epic, panoramic views of downtown. Luxury amenities include grilling pavilion+lounge+modern gym+bike storage & 24/7 concierge. Escape the routine at nearby Butler hike+bike trail and kayak access. Then indulge in the many entertainment+dining offerings Rainey has to offer. Must see!

Features

No Interior Steps
Primary Bedroom on Main
Recessed Lighting
Track Lighting
Walk-In Closet(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 Central Air

Heating Electric

Exterior Balcony, Boat Ramp, Elevator, No Exterior Steps, See Remarks

County Travis

MLS # 7137828

Garage 2 spaces

HOA & Community

HOA Fee $606 /Monthly

HOA Includes Common Area Maintenance, Insurance, Maintenance Structure

Tax Information

Annual Taxes (MLS) $12,493 (2020)

Listing History

MLS# 7137828 13 days

Aug 31, 2020	Off Market
Jul 27, 2020	Pending
Jun 12, 2020	Listed	$625,000

MLS# 8581393 4 days

Dec 11, 2017	Off Market
Oct 4, 2017	Listed		$585,000

MLS# 7671247

Feb 14, 2011	Off Market
Feb 14, 2011	Listed		$379,900

Frequently Asked Questions About 54 Rainey ST # 804, Austin TX 78701

When was 54 Rainey ST # 804, Austin TX 78701 built?

54 Rainey ST # 804, Austin TX 78701 was built in 2005.

How much does 54 Rainey ST # 804, Austin TX 78701 cost?

54 Rainey ST # 804, Austin TX 78701 sold on August 31, 2020. Contact us for sale price details.

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