54 Rainey ST # 701, Austin TX 78701

Off Market

Additional photos available to registered users

Ed's Opinion of Value

$475,955 Ed's Estimate: $696,436 $786,457

Lowest Comp Recommended List: $538,000 to $548,000 Highest Comp

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $696,436. To generate strong buyer interest while maximizing value, I'd price this between $538,000 and $548,000. Against 7 similar active listings in MILAGO CONDO, this price point lands at the 3rd least expensive of 7 comparable homes on the market. The active market in MILAGO CONDO includes 7 comparable homes priced from $550,000 to $925,000. The trend in 78701 shows prices have fallen 23% in the past 6 months. 54 Rainey ST # 814, Austin TX 78701 nearby adjusts to $731,782; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group

78701 Market Trends

$577,798 Median Sold Price ▼ 23% 6mo

$661/sqft Median $/SqFt ▼ 0.8% 6mo

122 days Avg Days on Market 13 days slower

241 homes Active Inventory 14.5 mo supply

94.7% Sale-to-List Ratio

100 Sales (6 months)

Recently Sold Comparables

$731,782 adjusted 54 Rainey ST # 814, Austin TX 78701 2bd / 2.0ba • 1,164 sqft • 0 mi Sold 10 months ago

$673,836 adjusted 360 Nueces ST # 2105, Austin TX 78701 2bd / 2.0ba • 1,225 sqft • 0.9 mi Sold 1 months ago

$623,945 adjusted 603 Davis ST # 813, Austin TX 78701 2bd / 2.0ba • 1,219 sqft • 0.2 mi Sold 7 months ago

$786,457 adjusted 360 Nueces ST # 1811, Austin TX 78701 2bd / 2.0ba • 1,280 sqft • 0.9 mi Sold 10 months ago

$475,955 adjusted 603 Davis ST # 703, Austin TX 78701 2bd / 2.0ba • 1,176 sqft • 0.2 mi Sold 5 months ago

Currently on Market

$550,000 54 Rainey ST # 706, Austin TX 78701 2bd / 2.0ba • 1,341 sqft • 0 mi 2 days on market

$685,000 54 Rainey ST # 412, Austin TX 78701 2bd / 2.0ba • 1,164 sqft • 0 mi 92 days on market

$560,000 603 Davis ST # 1409, Austin TX 78701 2bd / 2.0ba • 1,286 sqft • 0.1 mi 46 days on market

2 Beds

2 Baths 2 Full

1,289 Sq Ft

0.001 Acres

2005 Built

1 Garage

About This Property

Awesome Lakeside 2/2 Corner unit w/ 2 Balconies in the Milago. Nestled in the treetops with a peaceful view of Lady Bird Lake and the Hike/Bike Trail. This home has no carpet! Home also features a Nest Thermostat, Bosch 900 series dishwasher, Stainless steel sink/appliances w/Insinkerator Evolution Quiet Series Disposal, Toto Washlet seats/Toto One-Piece toilet, Full-motion TV wall mount in living room. All properties within Neighborhood Realty and Property Management’s portfolio are required to participate in a mandatory Resident Benefit Package. This suite of amenities is designed to improve the quality the tenant’s experience while living in the property and maintain lease compliance. The cost of this program is $38 per month

Features

Breakfast Bar
Primary Bedroom on Main
Track Lighting
Walk-In Closet(s)

Location

Map loading...

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

Exterior Balcony

County Travis

MLS # 5011311

Garage 1 spaces

Listing History

MLS# 5011311 46 days

Nov 17, 2022	Off Market
Sep 13, 2022	Listed		$4,000

MLS# 5035579 31 days

Sep 12, 2022	Off Market
Aug 12, 2022	Listed		$4,200

MLS# 5615193 7 days

Dec 15, 2016	Off Market
Oct 26, 2016	Listed		$625,000

Frequently Asked Questions About 54 Rainey ST # 701, Austin TX 78701

When was 54 Rainey ST # 701, Austin TX 78701 built?

54 Rainey ST # 701, Austin TX 78701 was built in 2005.

How much does 54 Rainey ST # 701, Austin TX 78701 cost?

54 Rainey ST # 701, Austin TX 78701 sold on November 17, 2022. Contact us for sale price details.

Similar Properties

$700 609 Bissonet LN # B, Austin TX 78752 1 bd | 2 ba

$775 6110 Wheless CV # F, Austin TX 78723 2 bd | 1 ba

$595 1901 Crossing Pl PL # A, Austin TX 78741 1 bd | 1 ba

$600 2705 Windswept CV # 101, Austin TX 78745 1 bd | 1 ba

Browse More Properties

2-Bedroom Rentals in Austin Rentals under $300K in Austin All Homes for Rent in Austin Rentals in 78701 Rentals in Travis County Rentals in Austin ISD All 2-Bedroom Rentals Homes for Rent Land for Sale

Request Tour

Contact Agent

Interested in this property?

Get more information or schedule a tour

Your Name *

Email Address *

Phone Number *

Message *

Are you currently working with an agent? *

I'd like to schedule a tour

I am pre-qualified for financing

By submitting this form, you consent to receive communications from Neuhaus Realty Group via phone, email, or text regarding your property inquiry. You may opt out at any time. Your information will not be shared. See our Privacy Policy.