54 Rainey ST # 1010, Austin TX 78701

Off Market

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Ed's Opinion of Value

$275,055 Ed's Estimate: $490,736 $600,000

Lowest Comp Recommended List: $538,000 to $581,000 Highest Comp

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $490,736. I'd recommend coming to market at $538,000 to $581,000 to strike the right balance between value and market velocity. At this price, the property would be the most affordable of 4 comparable homes on the market comparable homes currently on the market in MILAGO CONDO. Right now, 4 similar properties are competing for buyers in MILAGO CONDO, listed between $525,000 and $600,000. The trend in 78701 shows prices have fallen 24.1% in the past 6 months. 360 Nueces ST # 2506, Austin TX 78701 nearby adjusts to $404,573; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. 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

241 homes Active Inventory 14.8 mo supply

94.7% Sale-to-List Ratio

98 Sales (6 months)

Recently Sold Comparables

$404,573 adjusted 360 Nueces ST # 2506, Austin TX 78701 1bd / 1.0ba • 748 sqft • 0.9 mi Sold 2 months ago

$399,353 adjusted 360 Nueces ST # 2906, Austin TX 78701 1bd / 1.0ba • 748 sqft • 0.9 mi Sold 2 months ago

$473,755 adjusted 360 Nueces ST # 2703, Austin TX 78701 1bd / 1.0ba • 728 sqft • 0.9 mi Sold 1 months ago

$450,786 adjusted 360 Nueces ST # 3703, Austin TX 78701 1bd / 1.0ba • 728 sqft • 0.9 mi Sold 1 months ago

$275,055 adjusted 507 Sabine ST # 1010, Austin TX 78701 1bd / 1.0ba • 745 sqft • 0.6 mi Sold 7 months ago

Currently on Market

$600,000 222 West Ave # 1908, Austin TX 78701 1bd / 1.0ba • 688 sqft • 1 mi 28 days on market

$559,000 360 Nueces ST # 914, Austin TX 78701 1bd / 1.0ba • 832 sqft • 0.9 mi 9 days on market

$525,000 222 West Ave # 2809, Austin TX 78701 1bd / 1.0ba • 685 sqft • 1 mi

1 Beds

1 Baths 1 Full

756 Sq Ft

0.0044 Acres

2005 Built

About This Property

Milago is a great place to live & this great unit has spectacular views of Lady Bird Lake & Downtown Austin from LR & BR. GE SS appliances, hardwood floors, ceiling fans, tiled shower/ tub & a large balcony overlooking walking trails & the Lake. This is a very secure building with fitness & aerobics rooms, rooftop pool & spa, private terrace with barbecue, 24 hour concierge, wifi lounge, club room, & secure underground parking. Great location & floor plan. Home will be painted before new tenent moves in.

Features

High Ceilings
Primary Bedroom on Main
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 Tile, Wood

Cooling Central Air

Heating Central

Exterior Boat Dock - Shared, Elevator

County Travis

MLS # 5813035

Listing History

MLS# 5813035 11 days

Oct 14, 2022	Off Market
Aug 31, 2022	Listed		$589,900

MLS# 7264329 32 days

Feb 22, 2018	Off Market
Jan 21, 2018	Listed		$2,175

MLS# 9076546 8 days

Jan 21, 2014	Off Market
Jan 1, 2014	Listed		$1,850

MLS# 8795593 20 days

Nov 1, 2011	Off Market
Sep 24, 2011	Listed		$1,650

MLS# 5205075 42 days

Oct 13, 2006	Off Market
Oct 13, 2006	Pending
Sep 1, 2006	Listed	$1,600

Frequently Asked Questions About 54 Rainey ST # 1010, Austin TX 78701

When was 54 Rainey ST # 1010, Austin TX 78701 built?

54 Rainey ST # 1010, Austin TX 78701 was built in 2005.

How much does 54 Rainey ST # 1010, Austin TX 78701 cost?

54 Rainey ST # 1010, Austin TX 78701 sold on October 14, 2022. Contact us for sale price details.

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