Ed's Opinion of Value

$945,638 Ed's Estimate: $1,088,428 $1,425,000
Lowest Comp Recommended List: $944,000 to $954,000 Highest Comp
Reviewing the most recent comparable transactions, this home's market value falls around $1,088,428. For a well positioned listing in 70 RAINEY RESIDENCES, I'd target the $944,000 to $954,000 range. Against 7 similar active listings in 70 RAINEY RESIDENCES, this price point lands at the 4th most expensive of 7 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.07 acre comp average, which factors into pricing. Buyers in 70 RAINEY RESIDENCES have 7 comparable options right now, with asking prices between $899,000 and $1,425,000. Recent trends in 78701 show home values have fallen 24.1% since 6 months ago. The most comparable recent sale is 501 West Ave # 804, Austin TX 78701, with an adjusted value of $945,638; a strong comparable. 7 comparable transactions in 70 RAINEY RESIDENCES 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
2 Beds
2 Baths 2 Full
1,321 Sq Ft
2018 Built
2 Garage

About This Property

Residence 1504 is a custom, move-in ready home ideally situated on 15th floor w/ best view angles to appreciate views of Lady Bird Lake & Downtown Austin. 2 Beds & 2 Baths + BONUS DEN, Private Terrace, Walnut Wood Floors, Custom Solar Shades, CUSTOM CLOSETS, Wine Fridge & 2 Reserved Parking Spaces. 31,000+ SF of amenities inc: 2 Pools, Cabanas, Outdoor Cooking, Gardens, Dog Park, Fitness Center, Saunas, Theater Room & more. Full-price offer includes exterior storage. Furniture available for purchase.FEMA - Unknown

Features

  • High Ceilings
  • In-Law Floorplan
  • No Interior Steps
  • Primary Bedroom on Main
  • Walk-In Closet(s)
  • See Remarks

Location

Schools

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

Property Details

Property Type Residential Lease
Flooring Tile, Wood
Cooling Central Air
Heating Central
Exterior Balcony, Boat Ramp, Dog Run, Fire Pit, See Remarks
County Travis
MLS # 5033608

Parking

Garage 2 spaces

HOA & Community

HOA Fee $758 /Monthly
HOA Includes Common Area Maintenance, Insurance, Landscaping, Maintenance Structure, See Remarks

Tax Information

Annual Taxes $3,829 (2019)

Listing History

MLS# 5033608 29 days
Sep 14, 2020 Off Market
Jul 1, 2020 Listed $6,300

Frequently Asked Questions About 70 Rainey ST # 1504, Austin TX 78701

When was 70 Rainey ST # 1504, Austin TX 78701 built?

70 Rainey ST # 1504, Austin TX 78701 was built in 2018.

How much does 70 Rainey ST # 1504, Austin TX 78701 cost?

70 Rainey ST # 1504, Austin TX 78701 sold on September 14, 2020. Contact us for sale price details.

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