54 Rainey ST # 504, Austin TX 78701

Off Market

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Ed's Opinion of Value

$431,102 Ed's Estimate: $588,868 $810,246

Lowest Comp Recommended List: $698,000 to $717,000 Highest Comp

Based on 7 closed sales in MILAGO CONDO, the data points to a value around $588,868 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $698,000 to $717,000. Buyers shopping in MILAGO CONDO right now would see this as a well positioned option among 7 comparable homes. There are currently 7 similar homes on the market in MILAGO CONDO, ranging from $630,000 to $749,000. Market data shows 78701 prices fallen 12.3% over the last half year. The closest comparable sale, 603 Davis ST # 703, Austin TX 78701 at an adjusted $442,688, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus

78701 Market Trends

$613,500 Median Sold Price ▼ 12.3% 6mo

$691/sqft Median $/SqFt ▲ 3.6% 6mo

118 days Avg Days on Market 10 days slower

231 homes Active Inventory 12.6 mo supply

94.7% Sale-to-List Ratio

110 Sales (6 months)

Recently Sold Comparables

$442,688 adjusted 603 Davis ST # 703, Austin TX 78701 2bd / 2.0ba • 1,176 sqft • 0.2 mi Sold 6 months ago

$431,102 adjusted 603 Davis ST # 603, Austin TX 78701 2bd / 2.0ba • 1,175 sqft • 0.1 mi Sold 7 months ago

$590,570 adjusted 603 Davis ST # 813, Austin TX 78701 2bd / 2.0ba • 1,219 sqft • 0.2 mi Sold 9 months ago

$639,287 adjusted 360 Nueces ST # 2105, Austin TX 78701 2bd / 2.0ba • 1,225 sqft • 0.9 mi Sold 3 months ago

$810,246 adjusted 360 Nueces ST # 4009, Austin TX 78701 2bd / 2.0ba • 1,244 sqft • 0.9 mi Sold 10 days ago

Currently on Market

$675,000 603 Davis ST # 2011, Austin TX 78701 2bd / 2.0ba • 1,219 sqft • 0.1 mi 11 days 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 1 days on market

2 Beds

2 Baths 2 Full

1,189 Sq Ft

2005 Built

2 Garage

About This Property

Awesome Lakeside SW facing 2/2 Condo in the Milago on Rainey St. Feels like you are nestled in the treetops with a peaceful view of Lady Bird Lake and the Hike/Bike Trail. Open floor plan, wood floors, stainless appliances, walk-in closets and solar shades. Dine alfresco on the spacious balcony. Bldg Amenities include a Terrace w/Grill, Rooftop Pool/Spa w/ Grills, 1st-flr Lounge w/ walk out Patio, Party Room, Gym and 24/7 Concierge. Walk/run/bike the trail, walk up Rainey St or DT for a little excitement.FEMA - Unknown Restrictions: Yes Sprinkler Sys:Yes

Property Highlights

Waterfront Lady Bird Lake · Lake Front

Features

Breakfast Bar
Multiple Dining Areas
No Interior Steps
Primary Bedroom on Main
Track Lighting

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 Tile, Wood

Cooling Central Air

Heating Central, Electric

Exterior No Exterior Steps, See Remarks

County Travis

MLS # 3541315

Garage 2 spaces

HOA & Community

HOA Fee $476 /Monthly

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

Tax Information

Annual Taxes (MLS) $10,450 (2016)

Listing History

MLS# 3541315 34 days

Sep 2, 2020	Off Market
Jul 9, 2020	Listed		$2,850

MLS# 9657609 16 days

Dec 18, 2018	Off Market
Nov 11, 2018	Listed		$2,800

MLS# 9647940 8 days

Dec 16, 2016	Off Market
Nov 13, 2016	Listed		$2,500

MLS# 3139814 15 days

Nov 8, 2016	Off Market
Sep 9, 2016	Listed		$549,000

Frequently Asked Questions About 54 Rainey ST # 504, Austin TX 78701

When was 54 Rainey ST # 504, Austin TX 78701 built?

54 Rainey ST # 504, Austin TX 78701 was built in 2005.

How much does 54 Rainey ST # 504, Austin TX 78701 cost?

54 Rainey ST # 504, Austin TX 78701 sold on September 2, 2020. Contact us for sale price details.

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