54 Rainey ST # 1207, Austin TX 78701

Austin, TX 78701 | Milago Condo

Ed's Opinion of Value

$473,774 Ed's Estimate: $563,941 $740,000
Lowest Comp Recommended List: $690,000 to $705,000 Highest Comp
After adjusting 4 comparable sales for differences in size, age, and features, this home's estimated value is $563,941. Pricing this home between $690,000 and $705,000 would put it in the competitive sweet spot for MILAGO CONDO. This would position the home competitively among 7 active listings in MILAGO CONDO. The smaller lot (0.01 acres versus the area average of 0.04) contributes to the valuation. With 7 similar homes currently listed in MILAGO CONDO (a buyer's market), competition is a factor to consider. Market data shows MILAGO CONDO prices risen 72.1% over the last half year. The closest comparable sale, 603 Davis ST # 2011, Austin TX 78701 at an adjusted $669,288, is a strong comparable. With 4 comparable sales in MILAGO CONDO, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group
2 Beds
2 Baths 2 Full
1,164 Sq Ft
0.007 Acres
2005 Built
2 Garage

About This Property

Welcome to a remarkable 2-bed, 2-bath condo in Austin, TX, perfectly positioned to take full advantage of everything Downtown Austin has to offer. Inside, discover a spacious, updated kitchen with an oversized island featuring sleek quartzite countertops, ideal for culinary delights and entertaining. Featuring reclaimed barnwood accents throughout, the main living area allows for gorgeous morning light through the oversized windows. Unit is equipped with a hotel-rated HVAC scent system allowing you to come home to a wonderful smelling home everyday. Each bedroom includes bathrooms that feature a walk-in shower and a soaking, garden tub, as well as full walk in closets. Beyond these features, relish in the rooftop pool with panoramic city views, get a workout in at the well-appointed gym, and get your steps in on Lady Bird Lake Hike and Bike Trail located right outside. This home seamlessly combines a prime location with luxurious amenities, offering comfort and convenience.

Features

  • Granite Counters
  • No Interior Steps
  • Primary Bedroom on Main
  • 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 Tile, Wood
Cooling Central Air
Heating Central
Exterior Balcony
County Travis
MLS # 5550168
Garage 2 spaces

Listing History

MLS# 5550168 8 days
May 23, 2025 Off Market
May 8, 2025 Listed $3,300

Frequently Asked Questions About 54 Rainey ST # 1207, Austin TX 78701

When was 54 Rainey ST # 1207, Austin TX 78701 built?

54 Rainey ST # 1207, Austin TX 78701 was built in 2005.

How much does 54 Rainey ST # 1207, Austin TX 78701 cost?

54 Rainey ST # 1207, Austin TX 78701 sold on May 23, 2025. Contact us for sale price details.

Similar Properties

Browse More Properties

Request Tour

Contact Agent

Interested in this property?

Get more information or schedule a tour

By submitting this form, you consent to receive communications from Neuhaus Realty Group via phone, email, or text regarding your property inquiry. You may opt out at any time. Your information will not be shared. See our Privacy Policy.