54 Rainey ST # 704, Austin TX 78701

Off Market

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Ed's Opinion of Value

$482,042 Ed's Estimate: $663,029 $785,000

Lowest Comp Recommended List: $560,000 to $570,000 Highest Comp

Taking into account 6 nearby comparable sales, this property's estimated value comes to $663,029. If we were to list this property today, I'd recommend a list price in the $560,000 to $570,000 range. Buyers shopping in 78701 right now would see this as a well positioned option among 3 comparable homes. Current inventory shows 3 comparable homes in 78701; a buyer's market based on recent absorption. The 6 month price trend in 78701: fallen 23.2%. The best comp here is 603 Davis ST # 703, Austin TX 78701 at an adjusted value of $509,497, a strong comparable. The strength of this estimate comes from 6 directly comparable sales in 78701. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group

78701 Market Trends

$570,595 Median Sold Price ▼ 23.2% 6mo

$643/sqft Median $/SqFt ▼ 3.5% 6mo

120 days Avg Days on Market 9 days slower

240 homes Active Inventory 14.5 mo supply

94.8% Sale-to-List Ratio

99 Sales (6 months)

Recently Sold Comparables

$509,497 adjusted 603 Davis ST # 703, Austin TX 78701 2bd / 2.0ba • 1,176 sqft • 0.2 mi Sold 5 months ago

$482,042 adjusted 603 Davis ST # 603, Austin TX 78701 2bd / 2.0ba • 1,175 sqft • 0.1 mi Sold 6 months ago

$682,525 adjusted 603 Davis ST # 813, Austin TX 78701 2bd / 2.0ba • 1,219 sqft • 0.2 mi Sold 7 months ago

$747,809 adjusted 360 Nueces ST # 2105, Austin TX 78701 2bd / 2.0ba • 1,225 sqft • 0.9 mi Sold 1 months ago

$685,231 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

$785,000 901 W 9th ST # 203, Austin TX 78703 1bd / 2.0ba • 1,185 sqft • 1.4 mi 1 days on market

$739,000 360 Nueces ST # 1405, Austin TX 78701 2bd / 2.0ba • 1,225 sqft • 0.9 mi 77 days on market

2 Beds

2 Baths 2 Full, 1 Half

1,189 Sq Ft

0.007 Acres

2005 Built

2 Garage

About This Property

MARKETING CENTER LOCATED 412-B CONGRESS AVE.-OPEN M-F 10-5,SAT 11-5,SUN BY APPT-INCREDIBLE URBAN LIFESTYLE-STATE OF THE ART KITCHENS-EXQUISITE ENTERTAININ SPACES-VIEWS-TERRACES-CONCIERGE-VALET PARKING-FITNESS & POOL-ON SITE MGMNT!WOWRestrictions: Yes

Features

Breakfast Bar
High Ceilings
Entrance Foyer
Multiple Living Areas
Pantry

Location

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Schools

School District Austin ISD

Elementary Mathews

High School Austin

Property Details

Property Type Residential

Flooring Carpet, Tile, Wood

Cooling Central Air

Heating Central

Exterior Elevator

County Travis

MLS # 5900973

Parking

Garage 2 spaces

HOA & Community

HOA Fee $754 /Monthly

HOA Includes Common Area Maintenance, Maintenance Structure, Trash, See Remarks

Listing History

MLS# 5900973 19 days

Sep 10, 2008	Off Market
Jul 26, 2008	Listed		$420,000

Frequently Asked Questions About 54 Rainey ST # 704, Austin TX 78701

When was 54 Rainey ST # 704, Austin TX 78701 built?

54 Rainey ST # 704, Austin TX 78701 was built in 2005.

How much does 54 Rainey ST # 704, Austin TX 78701 cost?

54 Rainey ST # 704, Austin TX 78701 sold on September 10, 2008. Contact us for sale price details.

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