54 Rainey ST # 309, Austin TX 78701

Off Market

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Ed's Opinion of Value

$473,834 Ed's Estimate: $610,386 $749,000

Lowest Comp Recommended List: $729,000 to $739,000 Highest Comp

Based on 5 closed sales in MILAGO CONDO, the data points to a value around $610,386 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $729,000 to $739,000. 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. Market data shows 78701 prices fallen 20.5% over the last half year. The closest comparable sale, 603 Davis ST # 703, Austin TX 78701 at an adjusted $501,286, is a strong comparable. The strength of this estimate comes from 5 directly comparable sales in MILAGO CONDO. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group

78701 Market Trends

$585,000 Median Sold Price ▼ 20.5% 6mo

$654/sqft Median $/SqFt ▼ 1.8% 6mo

119 days Avg Days on Market 9 days slower

240 homes Active Inventory 14.5 mo supply

94.7% Sale-to-List Ratio

99 Sales (6 months)

Recently Sold Comparables

$501,286 adjusted 603 Davis ST # 703, Austin TX 78701 2bd / 2.0ba • 1,176 sqft • 0.2 mi Sold 5 months ago

$473,834 adjusted 603 Davis ST # 603, Austin TX 78701 2bd / 2.0ba • 1,175 sqft • 0.1 mi Sold 6 months ago

$674,185 adjusted 603 Davis ST # 813, Austin TX 78701 2bd / 2.0ba • 1,219 sqft • 0.2 mi Sold 7 months ago

$739,451 adjusted 360 Nueces ST # 2105, Austin TX 78701 2bd / 2.0ba • 1,225 sqft • 0.9 mi Sold 1 months ago

$676,885 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 21 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

Lux remodel on Rainey St, steps from the trail & 3rd floor community terrace w/ grill. Two side-by-side 1st floor parking spaces and storage unit. Recent white oak flooring, custom kitchen island w/ walnut butcher block, honey onyx kitchen backsplash w/ granite counter tops.Upgraded kitchen sink and fixture.Carrera marble bathrooms with modern delta fixtures.Frameless glass in master shower and garden tub.California closets. Private terrace. Upgraded light fixtures, door trim, and fixtures.

Features

Bookcases
Primary Bedroom on Main
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 Wood

Cooling Central Air

Heating Central

Exterior Balcony, Barbecue, Boat Ramp, Outdoor Shower, See Remarks

County Travis

MLS # 4009417

Parking

Garage 2 spaces

HOA & Community

HOA Fee $534 /Monthly

HOA Includes Common Area Maintenance, Insurance, Maintenance Structure, See Remarks

Tax Information

Annual Taxes $11,535 (2018)

Listing History

MLS# 4009417 43 days

Jun 21, 2018	Off Market
May 3, 2018	Listed		$3,000

MLS# 4106845

Apr 26, 2018	Off Market
Apr 20, 2018	Listed		$525,000

MLS# 1430843 15 days

Nov 16, 2016	Off Market
Oct 22, 2016	Listed		$3,000

Frequently Asked Questions About 54 Rainey ST # 309, Austin TX 78701

When was 54 Rainey ST # 309, Austin TX 78701 built?

54 Rainey ST # 309, Austin TX 78701 was built in 2005.

How much does 54 Rainey ST # 309, Austin TX 78701 cost?

54 Rainey ST # 309, Austin TX 78701 sold on June 21, 2018. Contact us for sale price details.

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