54 Rainey ST # 609, Austin TX 78701

Off Market

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Ed's Opinion of Value

$473,867 Ed's Estimate: $647,939 $749,000

Lowest Comp Recommended List: $552,000 to $562,000 Highest Comp

My analysis of 6 comparable properties puts this home's estimated value at $647,939. Based on how the local market is moving, a list price between $552,000 and $562,000 would position this home well. This would position the home competitively among 7 active listings in MILAGO CONDO. The active market in MILAGO CONDO includes 7 comparable homes priced from $575,000 to $925,000. The 6 month price trend in 78701: fallen 24.1%. The best comp here is 603 Davis ST # 703, Austin TX 78701 at an adjusted value of $501,322, a strong comparable. The comp data here (6 sales in MILAGO CONDO) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus

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

$501,322 adjusted 603 Davis ST # 703, Austin TX 78701 2bd / 2.0ba • 1,176 sqft • 0.2 mi Sold 5 months ago

$473,867 adjusted 603 Davis ST # 603, Austin TX 78701 2bd / 2.0ba • 1,175 sqft • 0.1 mi Sold 6 months ago

$674,350 adjusted 603 Davis ST # 813, Austin TX 78701 2bd / 2.0ba • 1,219 sqft • 0.2 mi Sold 7 months ago

$739,634 adjusted 360 Nueces ST # 2105, Austin TX 78701 2bd / 2.0ba • 1,225 sqft • 0.9 mi Sold 1 months ago

$677,056 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 15 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

Gorgeous DT condo adjacent to Ladybird Lake. Open floor plan with granite countertops, stainless appliances, wood flooring. Retreat to the rooftop pool and hot tub while enjoying the breathtaking views of DT. Enjoy the waterfront gym and commercial grills. 24 Hr. concierge service, club room, Wifi lounge. With lake access to launch a kayak or go for a bike ride, jog or walk on the trail. Can see the lake from the condo balcony. Tenant needs 30 days to vacate. Paint to be touched up after tenant vacatesFEMA - Unknown Restrictions: Yes Sprinkler Sys:Yes

Features

Breakfast Bar
No Interior Steps
Primary Bedroom on Main
Recessed Lighting
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

Flooring No Carpet, Tile, Wood

Cooling Central Air

Heating Central, Electric

Exterior Elevator, See Remarks

County Travis

MLS # 5363065

Parking

Garage 2 spaces

HOA & Community

HOA Fee $455 /Monthly

HOA Includes Common Area Maintenance, Insurance, Parking, Trash

Listing History

MLS# 5363065 79 days

May 31, 2016	Off Market
Jan 28, 2016	Listed	$519,900
Nov 22, 2014	Price Change	$489,000

MLS# 9897429 18 days

Jan 20, 2015	Off Market
Nov 22, 2014	Listed		$475,000

MLS# 2896593 19 days

Dec 3, 2012	Off Market
Oct 18, 2012	Listed		$2,500

MLS# 2628761 6 days

Jan 11, 2011	Off Market
Dec 29, 2010	Listed		$1,890

Frequently Asked Questions About 54 Rainey ST # 609, Austin TX 78701

When was 54 Rainey ST # 609, Austin TX 78701 built?

54 Rainey ST # 609, Austin TX 78701 was built in 2005.

How much does 54 Rainey ST # 609, Austin TX 78701 cost?

54 Rainey ST # 609, Austin TX 78701 sold on May 31, 2016. Contact us for sale price details.

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