54 Rainey ST # 903, Austin TX 78701

Austin, TX 78701 | Milago Condo

Ed's Opinion of Value

$395,000 Ed's Estimate: $529,573 $586,317
Lowest Comp Recommended List: $400,000 to $410,000 Highest Comp
Based on what similar homes have actually sold for within a mile, I'd place this property's value at $529,573. I'd recommend coming to market at $400,000 to $410,000 to strike the right balance between value and market velocity. With 4 comparable homes on the market in MILAGO CONDO, this price positions the property as the 2nd most expensive of 4 comparable homes on the market. Built in 2005, this home is 6 years older than the average comp, which is reflected in the adjustments. Current inventory shows 4 comparable homes in MILAGO CONDO; a buyer's market based on recent absorption. The trend in 78701 shows prices have fallen 9.9% in the past 6 months. 360 Nueces ST # 2807, Austin TX 78701 nearby adjusts to $504,931; a strong comparable. Based on 7 relevant data points in MILAGO CONDO, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX
1 Beds
1 Baths 1 Full
865 Sq Ft
0.005 Acres
2005 Built
1 Garage

About This Property

Modern, minimalist one-bedroom condo on the 9th floor at The Milago in Austin's coveted Rainey Street District. Completely renovated from original build. Features quartz accent-wall / art gallery with track lighting. Wall-garden. Designer counters and backsplash. Designer built-in closet with watch-winder. Designer Aria air vents, Legrand switches and outlets, and Restoration/Baldwin Hardware throughout. Designer stainless steel fans and appliances. Tankless water-heater and softener! Two wall-mounted TV’s on swing-arms with concealed wires and consoles. Smartphone controlled “zero-light” solar shades, Nest thermostat and fire alarms, and led mood lighting. Custom concealed Google Fiber modem install. All appliances and electronics included. Large, operable windows to enjoy the lake breezes and Rainey Street entertainment.

Highly coveted quick access to lobby elevator and garage exit! The Milago is the ultimate combination of luxury, fun, and convenience with one of the lowest HOA fees in downtown Austin. It offers the fastest access to Lady Bird Lake and the Ann Butler hike-&-bike trail of any condo downtown, 24/7 Concierge Service, 1st Floor WiFi Lounge with outdoor Patio, Huge Exercise Facility, Club Room, Huge 3rd Floor Party Terrace w/ Grills, and a Rooftop Pool, Hot Tub, Fireplace, Lounges, and Grills with epic views of the Austin’s skyline.

Features

  • Bookcases
  • Breakfast Bar
  • Ceiling Fan(s)
  • High Ceilings
  • Quartz Counters
  • Electric Dryer Hookup
  • High Speed Internet
  • No Interior Steps
  • Primary Bedroom on Main
  • Recessed Lighting
  • Smart Home
  • Smart Thermostat
  • Storage
  • 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 Vinyl
Cooling Ceiling Fan(s), Central Air
Heating Central
Exterior Barbecue, Gas Grill
County Travis
MLS # 6239067
Garage 1 spaces

HOA & Community

HOA Fee $475 /Monthly
HOA Includes Common Area Maintenance, Maintenance Grounds, Pest Control, Trash

Tax Information

Annual Taxes (MLS) $8,569 (2021)

Listing History

MLS# 6239067 8 days
Jun 9, 2022 Off Market
May 3, 2022 Listed $599,900

Frequently Asked Questions About 54 Rainey ST # 903, Austin TX 78701

When was 54 Rainey ST # 903, Austin TX 78701 built?

54 Rainey ST # 903, Austin TX 78701 was built in 2005.

How much does 54 Rainey ST # 903, Austin TX 78701 cost?

54 Rainey ST # 903, Austin TX 78701 sold on June 9, 2022. Contact us for sale price details.

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