54 Rainey ST # 721, Austin TX 78701

Off Market

Spectacular view from the unit 721 porch!

Additional photos available to registered users

Ed's Opinion of Value

$473,867 Ed's Estimate: $647,939 $749,000

Lowest Comp Recommended List: $552,000 to $562,000 Highest Comp

My analysis of 6 comparable properties puts this home's estimated value at $647,939. Based on how the local market is moving, a list price between $552,000 and $562,000 would position this home well. This would position the home competitively among 7 active listings in MILAGO CONDO. Buyers in MILAGO CONDO have 7 comparable options right now, with asking prices between $575,000 and $925,000. The 6 month price trend in 78701: fallen 24.1%. The best comp here is 603 Davis ST # 703, Austin TX 78701 at an adjusted value of $501,322, a strong comparable. With 6 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

78701 Market Trends

$569,548 Median Sold Price ▼ 24.1% 6mo

$643/sqft Median $/SqFt ▼ 3.6% 6mo

120 days Avg Days on Market 9 days slower

240 homes Active Inventory 14.7 mo supply

94.7% Sale-to-List Ratio

98 Sales (6 months)

Recently Sold Comparables

$501,322 adjusted 603 Davis ST # 703, Austin TX 78701 2bd / 2.0ba • 1,176 sqft • 0.2 mi Sold 5 months ago

$473,867 adjusted 603 Davis ST # 603, Austin TX 78701 2bd / 2.0ba • 1,175 sqft • 0.1 mi Sold 6 months ago

$674,350 adjusted 603 Davis ST # 813, Austin TX 78701 2bd / 2.0ba • 1,219 sqft • 0.2 mi Sold 7 months ago

$739,634 adjusted 360 Nueces ST # 2105, Austin TX 78701 2bd / 2.0ba • 1,225 sqft • 0.9 mi Sold 1 months ago

$677,056 adjusted 360 Nueces ST # 1411, Austin TX 78701 2bd / 2.0ba • 1,221 sqft • 0.9 mi Sold 1 months ago

Currently on Market

$575,000 603 Davis ST # 1409, Austin TX 78701 2bd / 2.0ba • 1,286 sqft • 0.1 mi 14 days on market

$749,000 360 Nueces ST # 2005, Austin TX 78701 2bd / 2.0ba • 1,225 sqft • 0.9 mi 15 days on market

$729,000 360 Nueces ST # 1505, Austin TX 78701 2bd / 2.0ba • 1,225 sqft • 0.9 mi 2 days on market

2 Beds

2 Baths 2 Full

1,164 Sq Ft

0.007 Acres

2005 Built

2 Garage

About This Property

Spectacular location & view in premier Milago Condo, on hike & bike trail. 2 bd 2ba floor plan. Upgraded w/ granite counter tops, SS appl., ample walk-in closets, crown molding, custom blinds, wood cabs w/ brushed chrome hardware, new carpet&paint, hardwood floors, 2 rsvd garage parking w/ controlled access,& balcony w/ Town Lake & city view! Amenities include 24 hr. concierge, rooftop pool/spa, exercise facility-brand new machines just added, lakefront courtyard, party rm/entertainment center,& bike rms.Restrictions: Yes Sprinkler Sys:Yes

Features

Breakfast Bar
Crown Molding
In-Law Floorplan
No Interior Steps
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 Lease

Flooring Carpet, Wood

Cooling Central Air

Heating Central, Electric

Exterior Elevator

County Travis

MLS # 1131392

Parking

Garage 2 spaces

HOA & Community

HOA Fee $467 /Monthly

HOA Includes Common Area Maintenance, Insurance, Landscaping, Maintenance Structure, Security

Tax Information

Annual Taxes $8,757 (2016)

Listing History

MLS# 1131392 8 days

Aug 31, 2016	Off Market
Aug 23, 2016	Listed		$2,500

Frequently Asked Questions About 54 Rainey ST # 721, Austin TX 78701

When was 54 Rainey ST # 721, Austin TX 78701 built?

54 Rainey ST # 721, Austin TX 78701 was built in 2005.

How much does 54 Rainey ST # 721, Austin TX 78701 cost?

54 Rainey ST # 721, Austin TX 78701 sold on August 31, 2016. Contact us for sale price details.

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