54 Rainey ST # 503, Austin TX 78701

Austin, TX 78701 | Milago Condo | Built by Fairfield

Ed's Opinion of Value

$312,000 Ed's Estimate: $490,683 $1,067,586
Lowest Comp Recommended List: $404,000 to $414,000 Highest Comp
5 recent sales within a few blocks of this address suggest a current value of $490,683. My recommended list price range for this property would be $404,000 to $414,000. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in MILAGO CONDO. Buyers in MILAGO CONDO have 3 comparable options right now, with asking prices between $399,000 and $749,000. In 78701, home values have fallen approximately 28.9% over the past 6 months. One of the strongest data points is 54 Rainey ST # 817, Austin TX 78701, adjusting to $312,000; a strong comparable. Based on 5 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

PRICED TO SELL! LIVE, WORK, PLAY! Fabulous 1 bedroom condo with an office/den and partial Lady Bird Lake view in the highly sought-after Milago Condominiums. All the things you would expect in a luxury condo - granite countertops, wood floors and stainless steel appliances. Convenient 24/7 concierge, WIFI lounge, clubroom, fitness center, rooftop pool and BBQ area, reserved parking and a grocery store across the street. Plenty of places to entertain friends and family with many restaurants and bars along Rainey St or go for a stroll, run or bike with your four-legged friend on the hike and bike trail. Many upgrades/updates completed (see documents for complete list).

Features

  • Bookcases
  • Ceiling Fan(s)
  • High Ceilings
  • Granite Counters
  • High Speed Internet
  • No Interior Steps
  • Open Floorplan
  • Primary Bedroom on Main
  • Smart Thermostat
  • Stackable W/D Connections
  • 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 Ceiling Fan(s), Central Air
Heating Central
Exterior Gas Grill, See Remarks
County Travis
MLS # 1257210

Parking

Garage 1 spaces

HOA & Community

HOA Fee $600 /Monthly
HOA Includes Common Area Maintenance, Insurance, Maintenance Structure, Parking, Trash

Tax Information

Annual Taxes $5,915 (2023)

Listing History

MLS# 1257210 10 days
Jun 29, 2025 Off Market
Jun 19, 2025 Listed $2,300

Frequently Asked Questions About 54 Rainey ST # 503, Austin TX 78701

When was 54 Rainey ST # 503, Austin TX 78701 built?

54 Rainey ST # 503, Austin TX 78701 was built in 2005.

How much does 54 Rainey ST # 503, Austin TX 78701 cost?

54 Rainey ST # 503, Austin TX 78701 sold on June 29, 2025. Contact us for sale price details.

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