54 Rainey ST # 1107, Austin TX 78701

Off Market

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Ed's Opinion of Value

$455,267 Ed's Estimate: $585,448 $785,000

Lowest Comp Recommended List: $711,000 to $774,000 Highest Comp

The comparable sales data (5 recent transactions in MILAGO CONDO) supports an estimated value of $585,448. The data suggests a list price between $711,000 and $774,000 would attract qualified buyers without leaving money on the table. Buyers shopping in MILAGO CONDO right now would see this as a well positioned option among 7 comparable homes. With 7 similar homes currently listed in MILAGO CONDO (a buyer's market), competition is a factor to consider. Prices in 78701 have fallen 23.2% over the last 6 months. A similar home at 603 Davis ST # 703, Austin TX 78701 carries an adjusted comparable value of $482,202, providing a strong data point. The strength of this estimate comes from 5 directly comparable sales in MILAGO CONDO. 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

239 homes Active Inventory 14.5 mo supply

94.8% Sale-to-List Ratio

99 Sales (6 months)

Recently Sold Comparables

$482,202 adjusted 603 Davis ST # 703, Austin TX 78701 2bd / 2.0ba • 1,176 sqft • 0.2 mi Sold 5 months ago

$455,267 adjusted 603 Davis ST # 603, Austin TX 78701 2bd / 2.0ba • 1,175 sqft • 0.1 mi Sold 6 months ago

$648,150 adjusted 603 Davis ST # 813, Austin TX 78701 2bd / 2.0ba • 1,219 sqft • 0.2 mi Sold 7 months ago

$711,034 adjusted 360 Nueces ST # 2105, Austin TX 78701 2bd / 2.0ba • 1,225 sqft • 0.9 mi Sold 1 months ago

$649,256 adjusted 360 Nueces ST # 1411, Austin TX 78701 2bd / 2.0ba • 1,221 sqft • 0.9 mi Sold 1 months ago

Currently 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

$575,000 603 Davis ST # 1409, Austin TX 78701 2bd / 2.0ba • 1,286 sqft • 0.1 mi 14 days on market

$749,000 360 Nueces ST # 2005, Austin TX 78701 2bd / 2.0ba • 1,225 sqft • 0.9 mi 20 days on market

2 Beds

2 Baths 2 Full

1,164 Sq Ft

0.007 Acres

2005 Built

About This Property

Luxury downtown living - Affordable rent, Popular Rainey St., Perfect roommate plan, Awesome 2-2 on 11th floor, Great open layout and kitchen, like-new mahogony wood floors, granite counters,10'ceilings, balcony w/view for miles, Fantastic amenities: private terrace, rooftop pool, fitness-club rooms, 24-hr concierge, secured parking garage, just off hike & bike trails, Must See This Unit!!!

Features

High Ceilings
In-Law Floorplan
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 Carpet, Tile, Wood

Cooling Central Air

Heating Central, Electric

Exterior Lake

County Travis

MLS # 9686154

Listing History

MLS# 9686154 39 days

Dec 19, 2014	Off Market
Oct 16, 2014	Listed	$550,000
Sep 9, 2011	Price Change	$535,000

MLS# 7645608 2 days

Nov 2, 2012	Off Market
Sep 12, 2012	Listed		$379,900

MLS# 5396558 43 days

Oct 1, 2011	Off Market
Aug 4, 2011	Listed		$2,000

Frequently Asked Questions About 54 Rainey ST # 1107, Austin TX 78701

When was 54 Rainey ST # 1107, Austin TX 78701 built?

54 Rainey ST # 1107, Austin TX 78701 was built in 2005.

How much does 54 Rainey ST # 1107, Austin TX 78701 cost?

54 Rainey ST # 1107, Austin TX 78701 sold on December 19, 2014. Contact us for sale price details.

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