54 Rainey ST # 1102, Austin TX 78701

Off Market

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Ed's Opinion of Value

$720,288 Ed's Estimate: $1,436,341 $2,645,907

Lowest Comp Recommended List: $861,000 to $871,000 Highest Comp

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,436,341. To generate strong buyer interest while maximizing value, I'd price this between $861,000 and $871,000. Among the similar homes currently available in MILAGO CONDO, this price point stands out as competitive. With 7 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. 603 Davis ST # 1002, Austin TX 78701 nearby adjusts to $720,288; with a pool. 7 comparable transactions in MILAGO CONDO support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. 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

$720,288 adjusted 603 Davis ST # 1002, Austin TX 78701 3bd / 2.0ba • 1,597 sqft • 0.2 mi Sold 1 months ago

$739,225 adjusted 800 W 5th ST # 705, Austin TX 78703 2bd / 2.0ba • 1,482 sqft • 1.1 mi Sold 7 months ago

$2,621,532 adjusted 98 San Jacinto BLVD # 1701, Austin TX 78701 2bd / 3.0ba • 1,516 sqft • 0.3 mi Sold 5 months ago

$2,645,907 adjusted 98 San Jacinto BLVD # 1601, Austin TX 78701 2bd / 3.0ba • 1,516 sqft • 0.4 mi Sold 6 months ago

$754,533 adjusted 800 W 5th ST # 902, Austin TX 78703 2bd / 2.0ba • 1,478 sqft • 1.2 mi Sold 5 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

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

$2,295,000 98 San Jacinto BLVD # 903, Austin TX 78701 2bd / 3.0ba • 1,717 sqft • 0.4 mi 1 days on market

3 Beds

2 Baths 2 Full

1,557 Sq Ft

0.009 Acres

2005 Built

2 Garage

About This Property

Spacious three bedroom, two bath w/ unobstructed lake views! Situated on Lady Bird Lake & the acclaimed hike and bike trail this condo features a balcony overlooking the water, walk in closets, windows treatments, stainless steel appliances, all appliances incl washer and dryer, 2 reserved parking spaces, & 3 flat screen TVs. Amenities: furnished lobby w/ 24/7 attendant, rooftop pool & hot tub, gas grills, reading room w/ WiFi, club room w/ kitchenette, fitness center. $300 move in fee required to HOA. Sprinkler Sys:Yes

Features

Breakfast Bar
No Interior Steps
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 Electric

Exterior Elevator, See Remarks

County Travis

MLS # 9003201

Parking

Garage 2 spaces

Listing History

MLS# 9003201 5 days

Nov 18, 2019	Off Market
Oct 24, 2019	Listed		$949,000

MLS# 1094983 11 days

Jul 10, 2015	Off Market
Jun 19, 2015	Listed		$4,000

MLS# 6262489 7 days

Aug 19, 2013	Off Market
Jul 30, 2013	Listed		$3,800

MLS# 9168689 17 days

Dec 17, 2012	Off Market
Nov 19, 2012	Listed		$3,400

MLS# 3111281 25 days

May 2, 2011	Off Market
Mar 1, 2011	Listed		$2,700

Frequently Asked Questions About 54 Rainey ST # 1102, Austin TX 78701

When was 54 Rainey ST # 1102, Austin TX 78701 built?

54 Rainey ST # 1102, Austin TX 78701 was built in 2005.

How much does 54 Rainey ST # 1102, Austin TX 78701 cost?

54 Rainey ST # 1102, Austin TX 78701 sold on November 18, 2019. Contact us for sale price details.

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