54 Rainey ST # 1209, Austin TX 78701

Off Market

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Ed's Opinion of Value

$453,079 Ed's Estimate: $632,048 $785,000

Lowest Comp Recommended List: $528,000 to $538,000 Highest Comp

Taking into account 7 nearby comparable sales, this property's estimated value comes to $632,048. If we were to list this property today, I'd recommend a list price in the $528,000 to $538,000 range. This pricing would rank the home as the 2nd least expensive of 7 comparable homes on the market in MILAGO CONDO's current inventory. 7 similar homes are currently available in MILAGO CONDO, creating a buyer's market for this price range. The 6 month price trend in 78701: fallen 24.1%. The best comp here is 603 Davis ST # 603, Austin TX 78701 at an adjusted value of $453,079, a strong comparable. The strength of this estimate comes from 7 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

$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

$453,079 adjusted 603 Davis ST # 603, Austin TX 78701 2bd / 2.0ba • 1,175 sqft • 0.1 mi Sold 6 months ago

$479,334 adjusted 603 Davis ST # 703, Austin TX 78701 2bd / 2.0ba • 1,176 sqft • 0.2 mi Sold 5 months ago

$719,992 adjusted 360 Nueces ST # 1116, Austin TX 78701 2bd / 2.0ba • 1,117 sqft • 0.9 mi Sold 1 months ago

$644,220 adjusted 603 Davis ST # 813, Austin TX 78701 2bd / 2.0ba • 1,219 sqft • 0.2 mi Sold 7 months ago

$706,396 adjusted 360 Nueces ST # 2105, Austin TX 78701 2bd / 2.0ba • 1,225 sqft • 0.9 mi Sold 1 months ago

Currently on Market

$785,000 901 W 9th ST # 203, Austin TX 78703 1bd / 2.0ba • 1,185 sqft • 1.4 mi 1 days 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

2 Beds

2 Baths 2 Full

1,164 Sq Ft

0.0067 Acres

2005 Built

About This Property

A fabulous two bedroom at the Milago. Enjoy walnut floors and an outstanding kitchen with ample living space overlooking East Austin. Great master suite with a garden tub and separate glass shower, walk in closet and expanded windows. The second bedroom also features a walk in closet that can easily be used as a small study. Milago amenities include 24/7 concierge, rooftop pool, fitness center, clubhouse, lounge, and trail access. Located in the heart of the up and coming Rainey Street district

Features

Primary Bedroom on Main

Location

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Schools

School District Austin ISD

Elementary Mathews

Middle School O Henry

High School Austin

Property Details

Property Type Residential

Flooring Wood

Cooling Central Air

Heating Central

Exterior None

County Travis

MLS # 4906928

Listing History

MLS# 4906928 94 days

Aug 17, 2023	Off Market
Apr 7, 2023	Listed	$675,000
May 20, 2011	Price Change	$625,000

MLS# 2743397 174 days

Mar 16, 2023	Off Market
Sep 23, 2022	Listed		$775,000

MLS# 4816828 8 days

Dec 28, 2012	Off Market
Dec 5, 2012	Listed		$379,900

MLS# 5875233 13 days

Jun 6, 2011	Off Market
May 20, 2011	Listed		$2,300

Frequently Asked Questions About 54 Rainey ST # 1209, Austin TX 78701

When was 54 Rainey ST # 1209, Austin TX 78701 built?

54 Rainey ST # 1209, Austin TX 78701 was built in 2005.

How much does 54 Rainey ST # 1209, Austin TX 78701 cost?

54 Rainey ST # 1209, Austin TX 78701 sold on August 17, 2023. Contact us for sale price details.

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