54 Rainey ST # 923, Austin TX 78701

Off Market

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Ed's Opinion of Value

$471,425 Ed's Estimate: $553,848 $740,000

Lowest Comp Recommended List: $687,000 to $702,000 Highest Comp

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $553,848. To generate strong buyer interest while maximizing value, I'd price this between $687,000 and $702,000. In the current MILAGO CONDOS market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. There are currently 7 similar homes on the market in MILAGO CONDOS, ranging from $630,000 to $774,900. The trend in 78701 shows prices have fallen 21.8% in the past 6 months. 603 Davis ST # 2011, Austin TX 78701 nearby adjusts to $666,939; a strong comparable. 3 comparable transactions in MILAGO CONDOS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group

78701 Market Trends

$610,000 Median Sold Price ▼ 21.8% 6mo

$674/sqft Median $/SqFt ▲ 1% 6mo

111 days Avg Days on Market 2 days faster

216 homes Active Inventory 10.2 mo supply

94.7% Sale-to-List Ratio

127 Sales (6 months)

Recently Sold Comparables

$666,939 adjusted 603 Davis ST # 2011, Austin TX 78701 2bd / 2.0ba • 1,219 sqft • 0.1 mi Sold 18 days ago

$471,425 adjusted 603 Davis ST # 603, Austin TX 78701 2bd / 2.0ba • 1,175 sqft • 0.1 mi Sold 8 months ago

$512,404 adjusted 603 Davis ST # 1409, Austin TX 78701 2bd / 2.0ba • 1,286 sqft • 0.1 mi Sold 4 days ago

Currently on Market

$630,000 603 Davis ST # 1704, Austin TX 78701 2bd / 2.0ba • 1,252 sqft • 0.2 mi 2 days on market

$740,000 360 Nueces ST # 1611, Austin TX 78701 2bd / 2.0ba • 1,221 sqft • 0.9 mi 12 days on market

$710,000 360 Nueces ST # 1505, Austin TX 78701 2bd / 2.0ba • 1,225 sqft • 0.9 mi 63 days on market

2 Beds

2 Baths 2 Full

1,157 Sq Ft

0.007 Acres

2005 Built

2 Garage

About This Property

Extremely rare SW corner unit, breathtaking views of downtown & Lady Bird Lake that are unobstructable! Live on the Hike & Bike trail! Upgrades include custom closets, hardwoods floors throughout, designer lighting, tinted windows, & roll up sun shades. This specific unit includes an extra storage unit on Level 2. Bldg amenities include 24/7 concierge, wifi lounge, club room, gym, & roof pool/hot tub. Entry chandelier & W/D do not convey.

Features

Primary Bedroom on Main
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 Central

Exterior None

County Travis

MLS # 3018607

Garage 2 spaces

HOA & Community

HOA Fee $448 /Monthly

HOA Includes Common Area Maintenance

Tax Information

Annual Taxes (MLS) $8,248 (2012)

Listing History

MLS# 3018607 13 days

Apr 18, 2013	Off Market
Mar 7, 2013	Pending
Feb 22, 2013	Listed	$523,000

Frequently Asked Questions About 54 Rainey ST # 923, Austin TX 78701

When was 54 Rainey ST # 923, Austin TX 78701 built?

54 Rainey ST # 923, Austin TX 78701 was built in 2005.

How much does 54 Rainey ST # 923, Austin TX 78701 cost?

54 Rainey ST # 923, Austin TX 78701 sold on April 18, 2013. Contact us for sale price details.

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