54 Rainey ST # 908, Austin TX 78701

Austin, TX 78701 | Milago Condo

Ed's Opinion of Value

$380,641 Ed's Estimate: $602,114 $1,048,699
Lowest Comp Recommended List: $414,000 to $424,000 Highest Comp
Based on what similar homes have actually sold for within a mile, I'd place this property's value at $602,114. I'd recommend coming to market at $414,000 to $424,000 to strike the right balance between value and market velocity. Among the similar homes currently available in MILAGO CONDO, this price point stands out as competitive. Built in 2005, this home is 7 years older than the average comp, which is reflected in the adjustments. 7 similar homes are currently available in MILAGO CONDO, creating a buyer's market for this price range. The trend in 78701 shows prices have fallen 23% in the past 6 months. 360 Nueces ST # 3807, Austin TX 78701 nearby adjusts to $545,011; a strong comparable. With 5 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
1 Beds
1 Baths 1 Full
893 Sq Ft
0.005 Acres
2005 Built
1 Garage

About This Property

Unfurnished...Don't miss this one! This sought after one bedroom/one bath + study condo has Views of Lady Bird Lake, the Downtown Austin Skyline and the Hill Country! Milago is the only building in the downtown area that sits right on the trail and lake. The kitchen, dining, and living room areas are open to each other creating a wonderfully spacious feel. The kitchen has lots of storage space and a convenient breakfast bar open to the living and dining areas. Study can be used as an office or guest room or even storage if you need it. Milago Residents have access to bike storage areas, a fully equipped fitness room, club/party room, a ground floor lounge with access to the outdoor trailside patio, 3rd level outdoor terrace with a grill overlooking the lake and park, rooftop pool/spa with covered/shaded sitting areas and bbq grills. Easy walk to restaurants, entertainment and Royal Blue Grocery Store. New Tenants should be aware that Milago requires a $100 New Lease Fee, $300 Move-in Fee and a $500 Refundable Deposit for possible damage to elevator or walls during move-in.

Features

  • Breakfast Bar
  • Granite Counters
  • Smart Thermostat
  • Soaking Tub
  • Storage
  • Track Lighting
  • Walk-In Closet(s)

Location

Schools

School District Austin ISD
Elementary Mathews
Middle School O Henry
High School Austin

Property Details

Property Type Residential Lease
Flooring Carpet, Tile, Wood
Cooling Central Air
Heating Central, Electric
Exterior Balcony, See Remarks
County Travis
MLS # 1103268
Garage 1 spaces

Listing History

MLS# 1103268 7 days
Jun 15, 2024 Off Market
May 10, 2024 Listed $2,700

Frequently Asked Questions About 54 Rainey ST # 908, Austin TX 78701

When was 54 Rainey ST # 908, Austin TX 78701 built?

54 Rainey ST # 908, Austin TX 78701 was built in 2005.

How much does 54 Rainey ST # 908, Austin TX 78701 cost?

54 Rainey ST # 908, Austin TX 78701 sold on June 15, 2024. Contact us for sale price details.

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