54 Rainey ST # 319, Austin TX 78701

Austin, TX 78701 | Milago Condo | Built by Fairfield Development

Ed's Opinion of Value

$326,385 Ed's Estimate: $543,345 $1,017,900
Lowest Comp Recommended List: $425,000 to $435,000 Highest Comp
Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $543,345. I'd recommend coming to market at $425,000 to $435,000 to strike the right balance between value and market velocity. 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. With 6 similar homes currently listed in MILAGO CONDO (a buyer's market), competition is a factor to consider. The trend in 78701 shows prices have fallen 24.1% in the past 6 months. 54 Rainey ST # 405, Austin TX 78701 nearby adjusts to $326,385; a strong comparable. Based on 3 relevant data points in MILAGO CONDO, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX
1 Beds
1 Baths 1 Full
756 Sq Ft
0.004 Acres
2005 Built
1 Garage

About This Property

Live downtown AND enjoy the hike and bike trail at your back door! This is a very special 1 bed, 1 bath at The Milago w/ a 400 Sq.Ft private outdoor terrace, north facing, and downtown skyline view. Completely remodeled, perfect for entertaining or relaxing in the evenings. Interior features white cabinetry, granite counters, marble backsplash, Bosch microwave oven combo, and stainless vent hood! Tile flooring throughout with marble bath and walk-in shower for two, new fixtures and fresh paint.FEMA - Unknown Restrictions: Yes

Features

  • Breakfast Bar
  • No Interior Steps
  • Primary Bedroom on Main
  • Track Lighting
  • Walk-In Closet(s)

Location

Schools

School District Austin ISD
Elementary Mathews
Middle School O Henry
High School Austin

Property Details

Property Type Residential
Flooring Tile
Cooling Central Air
Heating Central
Exterior Balcony, Boat Ramp, Elevator
County Travis
MLS # 8956347

Parking

Garage 1 spaces

HOA & Community

HOA Fee $389 /Monthly
HOA Includes Common Area Maintenance, Trash

Tax Information

Annual Taxes $5,870 (2019)

Listing History

MLS# 8956347 7 days
Mar 31, 2017 Off Market
Feb 23, 2017 Listed $395,877

Frequently Asked Questions About 54 Rainey ST # 319, Austin TX 78701

When was 54 Rainey ST # 319, Austin TX 78701 built?

54 Rainey ST # 319, Austin TX 78701 was built in 2005.

How much does 54 Rainey ST # 319, Austin TX 78701 cost?

54 Rainey ST # 319, Austin TX 78701 sold on March 31, 2017. Contact us for sale price details.

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