54 Rainey ST # 413, Austin TX 78701

Austin, TX 78701 | Milago Condo | Built by Fairfield Developers

Off Market

Exterior view of 54 Rainey ST # 413, Austin TX 78701

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Ed's Opinion of Value

$455,267 Ed's Estimate: $624,023 $785,000

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

After adjusting 6 comparable sales for differences in size, age, and features, this home's estimated value is $624,023. Pricing this home between $528,000 and $538,000 would put it in the competitive sweet spot for MILAGO CONDO. Buyers shopping in MILAGO CONDO right now would see this as a well positioned option among 7 comparable homes. With 7 similar homes currently listed in MILAGO CONDO (a buyer's market), competition is a factor to consider. Market data shows 78701 prices fallen 24.1% over the last half year. The closest comparable sale, 603 Davis ST # 703, Austin TX 78701 at an adjusted $482,202, is a strong comparable. With 6 comparable sales in MILAGO CONDO, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, 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

241 homes Active Inventory 14.8 mo supply

94.7% Sale-to-List Ratio

98 Sales (6 months)

Recently Sold Comparables

$482,202 adjusted 603 Davis ST # 703, Austin TX 78701 2bd / 2.0ba • 1,176 sqft • 0.2 mi Sold 5 months ago

$455,267 adjusted 603 Davis ST # 603, Austin TX 78701 2bd / 2.0ba • 1,175 sqft • 0.1 mi Sold 6 months ago

$648,150 adjusted 603 Davis ST # 813, Austin TX 78701 2bd / 2.0ba • 1,219 sqft • 0.2 mi Sold 7 months ago

$711,034 adjusted 360 Nueces ST # 2105, Austin TX 78701 2bd / 2.0ba • 1,225 sqft • 0.9 mi Sold 1 months ago

$649,256 adjusted 360 Nueces ST # 1411, Austin TX 78701 2bd / 2.0ba • 1,221 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

0.007 Acres

2005 Built

About This Property

Just a short walk to all that downtown offers, the Milago is located in one of the preeminent spots in Austin: in a park-like setting, literally steps away from the hike-and-bike trail and Lady Bird Lake, tucked away from downtown traffic and concrete.

Features

2 Primary Suites
High Ceilings
Elevator
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 None

County Travis

MLS # 5208168

Listing History

MLS# 5208168 5 days

Jun 1, 2022	Off Market
May 27, 2022	Listed		$3,000

MLS# 1741699 6 days

Apr 6, 2022	Off Market
Feb 24, 2022	Listed		$624,000

MLS# 5933055 10 days

Mar 18, 2019	Off Market
Feb 26, 2019	Listed		$2,500

MLS# 7985748 12 days

Apr 26, 2018	Off Market
Mar 30, 2018	Listed		$2,400

MLS# 2482999 70 days

Oct 21, 2016	Off Market
Aug 12, 2016	Listed		$2,800

MLS# 9691503 9 days

Mar 28, 2014	Off Market
Feb 11, 2014	Listed		$405,000

MLS# 8017303 39 days

Mar 8, 2013	Off Market
Jan 14, 2013	Listed		$2,500

MLS# 2665300 15 days

Oct 23, 2009	Off Market
Oct 5, 2009	Listed		$1,750

MLS# 6819401 40 days

Mar 13, 2009	Off Market
Jan 2, 2009	Listed		$1,795

Frequently Asked Questions About 54 Rainey ST # 413, Austin TX 78701

When was 54 Rainey ST # 413, Austin TX 78701 built?

54 Rainey ST # 413, Austin TX 78701 was built in 2005.

How much does 54 Rainey ST # 413, Austin TX 78701 cost?

54 Rainey ST # 413, Austin TX 78701 sold on June 1, 2022. Contact us for sale price details.

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