54 Rainey ST # 902, Austin TX 78701

Off Market

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Ed's Opinion of Value

$750,488 Ed's Estimate: $1,530,907 $2,753,907

Lowest Comp Recommended List: $898,000 to $908,000 Highest Comp

6 recent sales within a mile of this address suggest a current value of $1,530,907. My recommended list price range for this property would be $898,000 to $908,000. In the current MILAGO CONDO market with 6 similar homes available, this price represents the 3rd most expensive of 6 comparable homes on the market. Buyers in MILAGO CONDO have 6 comparable options right now, with asking prices between $885,000 and $2,295,000. In 78701, home values have fallen approximately 24.1% over the past 6 months. One of the strongest data points is 603 Davis ST # 1002, Austin TX 78701, adjusting to $750,488; with a pool. With 6 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

$750,488 adjusted 603 Davis ST # 1002, Austin TX 78701 3bd / 2.0ba • 1,597 sqft • 0.2 mi Sold 1 months ago

$767,225 adjusted 800 W 5th ST # 705, Austin TX 78703 2bd / 2.0ba • 1,482 sqft • 1.1 mi Sold 7 months ago

$782,533 adjusted 800 W 5th ST # 902, Austin TX 78703 2bd / 2.0ba • 1,478 sqft • 1.2 mi Sold 5 months ago

$2,728,532 adjusted 98 San Jacinto BLVD # 1701, Austin TX 78701 2bd / 3.0ba • 1,516 sqft • 0.3 mi Sold 5 months ago

$2,753,907 adjusted 98 San Jacinto BLVD # 1601, Austin TX 78701 2bd / 3.0ba • 1,516 sqft • 0.4 mi Sold 6 months ago

Currently on Market

$895,000 800 W 5th ST # 1001, Austin TX 78703 2bd / 2.0ba • 1,506 sqft • 1.1 mi 30 days on market

$1,595,000 901 W 9th ST # 1004, Austin TX 78703 2bd / 2.0ba • 1,554 sqft • 1.3 mi 1 days on market

$1,799,500 222 West Ave # 3002, Austin TX 78701 2bd / 2.0ba • 1,428 sqft • 1 mi 56 days on market

3 Beds

2 Baths 4 Full

1,557 Sq Ft

0.009 Acres

2005 Built

4 Garage

About This Property

Stunning views of Lady Bird Lake from every room! Current owner combined 2 units for unique, flexible floor plan. Spacious living/dining with bar and double wine refrigerator. Custom built-in bookcases, window seats, wood floors, and great storage. 2 kitchens lend itself to having overnight guests. 4 parking spaces in secured parking garage. All furniture conveys. You don't want to miss this one!Restrictions: Yes

Features

2 Primary Baths
Bookcases
Breakfast Bar
In-Law Floorplan
Multiple Dining Areas
Multiple Living Areas
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 Lease

Flooring Carpet, Tile, Wood

Cooling Central Air, Other

Heating Electric, See Remarks

Exterior Elevator, See Remarks

County Travis

MLS # 6826992

Parking

Garage 4 spaces

HOA & Community

HOA Fee $1,099 /Monthly

HOA Includes Common Area Maintenance, Insurance, Trash

Tax Information

Annual Taxes $14,879 (2014)

Listing History

MLS# 6826992 67 days

Aug 1, 2016	Off Market
Apr 18, 2016	Listed	$4,200
Nov 13, 2015	Price Change	$3,500

Frequently Asked Questions About 54 Rainey ST # 902, Austin TX 78701

When was 54 Rainey ST # 902, Austin TX 78701 built?

54 Rainey ST # 902, Austin TX 78701 was built in 2005.

How much does 54 Rainey ST # 902, Austin TX 78701 cost?

54 Rainey ST # 902, Austin TX 78701 sold on August 1, 2016. Contact us for sale price details.

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Dec 16, 2015	Off Market
Oct 28, 2015	Listed		$1,300,000