54 Rainey ST # 1205, Austin TX 78701

Off Market

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Ed's Opinion of Value

$399,000 Ed's Estimate: $555,952 $1,026,075

Lowest Comp Recommended List: $375,000 to $385,000 Highest Comp

After reviewing 7 recent transactions in MILAGO CONDO, I estimate this property's value at $555,952. A competitive list price for this home right now would fall in the $375,000 to $385,000 range. This home's position in the current MILAGO CONDO market: the most expensive of 3 comparable homes on the market among comparable properties. There are currently 3 similar homes on the market in MILAGO CONDO, ranging from $399,000 to $559,000. Prices in 78701 have fallen 24.1% over the last 6 months. A similar home at 360 Nueces ST # 1118, Austin TX 78701 carries an adjusted comparable value of $440,622, providing a strong data point. With 7 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

$440,622 adjusted 360 Nueces ST # 1118, Austin TX 78701 1bd / 1.0ba • 760 sqft • 0.9 mi Sold 21 days ago

$1,026,075 adjusted 98 San Jacinto BLVD # 701, Austin TX 78701 1bd / 1.0ba • 806 sqft • 0.4 mi Sold 11 months ago

$515,627 adjusted 360 Nueces ST # 1701, Austin TX 78701 1bd / 1.0ba • 801 sqft • 0.9 mi Sold 1 days ago

$460,404 adjusted 360 Nueces ST # 2610, Austin TX 78701 1bd / 1.0ba • 770 sqft • 0.9 mi Sold 3 months ago

$552,178 adjusted 360 Nueces ST # 3701, Austin TX 78701 1bd / 1.0ba • 801 sqft • 0.9 mi Sold 5 months ago

Currently on Market

$495,000 360 Nueces ST # 1214, Austin TX 78701 1bd / 1.0ba • 832 sqft • 0.9 mi 142 days on market

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

$399,000 603 Davis ST # 2007, Austin TX 78701 1bd / 1.0ba • 879 sqft • 0.2 mi 70 days on market

1 Beds

1 Baths 1 Full

781 Sq Ft

0.004 Acres

2005 Built

1 Garage

About This Property

Great 1/1 at the new Milago Condomineums. Condo has a great viw of Town Lake and the hill country. Mahogony Wood floors throughout, new stainless steel appliances. Condo comes with a new W/DRestrictions: Yes

Features

Primary Bedroom on Main

Location

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Schools

School District Austin ISD

Elementary Mathews

Middle School Martin

High School Austin

Property Details

Property Type Residential

Flooring Wood

Cooling Central Air

Heating Central

Exterior Elevator

County Travis

MLS # 6644899

Parking

Garage 1 spaces

HOA & Community

HOA Fee $231 /Monthly

Listing History

MLS# 6644899 40 days

Jan 10, 2011	Off Market
Oct 22, 2009	Listed	$190,000
Mar 8, 2007	Price Change	$190,500

Frequently Asked Questions About 54 Rainey ST # 1205, Austin TX 78701

When was 54 Rainey ST # 1205, Austin TX 78701 built?

54 Rainey ST # 1205, Austin TX 78701 was built in 2005.

How much does 54 Rainey ST # 1205, Austin TX 78701 cost?

54 Rainey ST # 1205, Austin TX 78701 sold on January 10, 2011. Contact us for sale price details.

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May 3, 2007	Off Market
Jan 9, 2007	Listed		$289,900