new - 3 days on rocket

54 Rainey St Unit 503, Austin, TX, 78701

$449,900

Home List Price

$5,343*

Closing Credit

1 Bedroom
1 Full Bath
865 SqFt
$520/SqFt
Condo

Location

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54 Rainey St Unit 503, Austin$449,900

Buyer Closing Credits

$5,343*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingAssigned, Attached, Garage, Covered, Guest
Garage1 space
Year Built2005
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
WaterfrontLake Front
FireplaceNone
ViewCity
Private PoolYes
MLS #3491696
Lot Size0.01 Acres
StatusActive

About 54 Rainey St Unit 503

PRICED TO SELL! LIVE, WORK, PLAY! Fabulous 1 bedroom condo with an office/den and partial Lady Bird Lake view in the highly sought-after Milago Condominiums. All the things you would expect in a luxury condo - granite countertops, wood floors and stainless steel appliances. Convenient 24/7 concierge, WIFI lounge, clubroom, fitness center, rooftop pool and BBQ area, reserved parking and a grocery store across the street. Plenty of places to entertain friends and family with many restaurants and bars along Rainey St or go for a stroll, run or bike with your four-legged friend on the hike and bike trail. Many upgrades/updates completed (see documents for complete list).

Property Details

Property Features

Property Information:

  • Year Built: 2005
  • Stories: 1
  • Living Area: 865 SqFt

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (512) 346-3550
  • Listing Agent: Joe LeDonne

Interior Features

Interior Information:

  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Cooktop, Electric Range, Disposal, Microwave, Refrigerator
  • Flooring Type: Tile, Wood
  • Interior: Bookcases, Ceiling Fan(s), Granite Counters, High Ceilings, Main Level Primary, No Interior Steps, Open Floorplan, Smart Thermostat, Track Lighting, Walk-In Closet(s), High Speed Internet, Programmable Thermostat
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Lake Front
  • View: City
  • Exterior: Gas Grill, See Remarks

Parking Information:

  • Garage Space: 1 space
  • Parking: Assigned, Attached, Garage, Covered, Guest

Lot Features

Lot Information:

  • Lot: Near Park, Sprinklers, See Remarks
  • Lot Size: 0.01 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s)

School Info

Assigned Schools Information:

  • Austin High School, Public District Grades 9-12
  • O. Henry Middle School, Public District Grades 6-8
  • Matthews Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: Cesar Chavez to Red River, left River Road, right on Rainey Street. Milago is on the right hand side. Guest parking available, get pass from front desk or there is street parking.

Price Information

Listing Price Info

Price Summary:

  • List Price: $449,900
  • Price Per SqFt: $520/SqFt

HOA Fees:

  • Amount: $600
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Austin, TX.

Med. Sold Price

$566.4K

Med. Price/SqFt

$307

Avg. Days On Market

72

# of Sold Homes

669

54 Rainey St Unit 503 vs Austin

3 DAYS ON ROCKET

-69 Days

$449,900

-$116.5K Less

$520/SqFt

+$212 More

KEY TAKEAWAY

This property is $116.5K less than the Median Sold Price and $212/SqFt more than other homes in Austin, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ACTRIS
  • MLS Number: #3491696

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (512) 346-3550
  • Listing Agent: Joe LeDonne

IDX Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

Copyright 2024 Unlock MLS and Austin Central Texas Realty Information Services, Inc.

IDX Listings courtesy of Unlock MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 11/5/2024, 5:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1938963
8
/10
  • Matthews Elementary School

  • 906 Westlynn St

  • 1.95 miles

  • Public District Grades PK-6

Middle School

school-card-donut-1938964
5
/10
  • O. Henry Middle School

  • 2610 W 10th St

  • 2.85 miles

  • Public District Grades 6-8

High School

school-card-donut-1938965
6
/10
  • Austin High School

  • 1715 W Cesar Chavez St

  • 2.07 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,389. The majority of Austin, TX residents have income less than $35k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 54 Rainey St Unit 503

What is the listing price of this property?

The listing price of 54 Rainey St Unit 503 property is $449,900.

What type of property is this?

The property 54 Rainey St Unit 503 is a condo located in Austin, Texas, 78701.

Is this property for sale now?

Active Listing: 54 Rainey St Unit 503 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 54 Rainey St Unit 503 are:
Matthews Elementary School: GreatSchools Rating 8/10
O. Henry Middle School: GreatSchools Rating 5/10
Austin High School: GreatSchools Rating 6/10

How many bedrooms and bathrooms does this property have?

The property at 54 Rainey St Unit 503 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 54 Rainey St Unit 503 is 865 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 54 Rainey St Unit 503 is 2005.

Rocket HomesTexasTravis CountyAustin7870154 Rainey St Unit 503

This home is located at 54 Rainey St Unit 503 in Austin, TX and zip code 78701 in the Downtown neighborhood. This 865 square foot home, which was built in 2005, sits on a 0.01 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since November 01, 2024 and is currently priced at $449,900.

Austin, TX housing market in October 2024 saw over 66 listings sold above listed price, more than 96 sold at listed price and over 506 sold below. The number of homes for sale in Austin, TX increased by 6.3% between September 2024 and October 2024. The median list price of listings available in October 2024 was $566,430, while the average time on the real estate market was 72 days.

From Rocket Homes Real Estate and based on county public records data.

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