54 Rainey ST # 323, Austin TX 78701

Off Market

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Ed's Opinion of Value

$454,373 Ed's Estimate: $572,378 $785,000

Lowest Comp Recommended List: $772,000 to $788,000 Highest Comp

The market data from 4 similar recent sales in MILAGO CONDO points to a value of approximately $572,378. To sell within a reasonable timeframe at fair market value, the $772,000 to $788,000 range is where I'd position this. In the current MILAGO CONDO market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. Right now, 7 similar properties are competing for buyers in MILAGO CONDO, listed between $575,000 and $925,000. In 78701, home values have fallen approximately 24.1% over the past 6 months. One of the strongest data points is 603 Davis ST # 703, Austin TX 78701, adjusting to $481,347; a strong comparable. 4 comparable transactions in MILAGO CONDO support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. 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

$481,347 adjusted 603 Davis ST # 703, Austin TX 78701 2bd / 2.0ba • 1,176 sqft • 0.2 mi Sold 5 months ago

$454,373 adjusted 603 Davis ST # 603, Austin TX 78701 2bd / 2.0ba • 1,175 sqft • 0.1 mi Sold 6 months ago

$647,826 adjusted 603 Davis ST # 813, Austin TX 78701 2bd / 2.0ba • 1,219 sqft • 0.2 mi Sold 7 months ago

$710,890 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

1,157 Sq Ft

0.007 Acres

2006 Built

About This Property

Unique unit with 2 patios, one large balcony patio (approx 450 sqft), with lake and downtown views, patio furniture will be staying for tenant use, corner unit with large windows, remdled kitchen, cust paint, hrdwd floors, cust closets from the Container Store, 2 garage spaces. Access to 3rd floor veranda with fountain. Fridge and W/D included. 24 Hr concierge services, resident internet lounge, fitness area, direct access to hike and bike trail, and rooftop resort sytle pool with downtown and lake views.FEMA - Unknown

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 Lease

Flooring Tile, Wood

Cooling Central Air

Heating Central

Exterior None

County Travis

MLS # 5509127

Listing History

MLS# 5509127

Apr 10, 2018	Off Market
Mar 12, 2018	Listed		$2,750

MLS# 5561895 80 days

Mar 16, 2017	Off Market
Dec 20, 2016	Listed		$2,800

MLS# 9747013 95 days

Jan 31, 2014	Off Market
Aug 27, 2013	Listed		$535,000

MLS# 4167092 38 days

Jul 30, 2009	Off Market
Jun 20, 2009	Listed		$2,250

MLS# 9558449 83 days

Mar 1, 2007	Off Market
Nov 22, 2006	Listed		$449,900

MLS# 2454140 34 days

Oct 30, 2006	Off Market
Sep 26, 2006	Listed		$2,495

Frequently Asked Questions About 54 Rainey ST # 323, Austin TX 78701

When was 54 Rainey ST # 323, Austin TX 78701 built?

54 Rainey ST # 323, Austin TX 78701 was built in 2006.

How much does 54 Rainey ST # 323, Austin TX 78701 cost?

54 Rainey ST # 323, Austin TX 78701 sold on April 10, 2018. Contact us for sale price details.

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