4 months on rocket

54 Rainey St Unit 815, Austin, TX, 78701

$450,000

Home List Price

$5,344*

Closing Credit

1 Bedroom
1 Full Bath
756 SqFt
$595/SqFt
Condo

Location

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54 Rainey St Unit 815, Austin$450,000

Buyer Closing Credits

$5,344*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Garage, Garage Door Opener
Garage1 space
Year Built2005
HeatingCentral
CoolingCentral Air
WaterfrontRiver Front, Waterfront
ViewCity
MLS #8364796
Lot Size0.00 Acres
StatusActive

About 54 Rainey St Unit 815

This impeccably maintained urban condo at the Milago shows beautifully and is situated at the end of Rainey St. with easy access to Lady Bird Lake, the hike and bike trail, and numerous vibrant dining and entertainment establishments. Owners will consider selling the unit all or partially furnished and a paying for a 2-1 buydown. Range, dishwasher, microwave, washer and dryer (LG WashTower) were all replaced within the past couple of years. HVAC was recently inspected and serviced July 2024 and has a service contract in place with Fox Service for one year. Kitchen features stainless steel appliances, ample storage space, and breakfast bar seating. Amenities in this building are top-notch including a rooftop pool, hot tub, fire pit, and large terrace area on the 3rd floor with grills and outdoor seating. Residents also enjoy 24-hour concierge service, a fitness center, clubroom, wi-fi lounge, and bike storage. Lobby area was recently updated, and pool area furniture and BBQ grills were recently replaced. Parking spot in garage is B37. Come see why this unit is the best for the price in the building!

Property Details

Property Features

Property Information:

  • Year Built: 2005
  • Stories: 1
  • Living Area: 756 SqFt

Listing Office:

  • Office Name: Compass RE Texas, LLC
  • Office Phone: (512) 293-5552
  • Listing Agent: Carolyn Skyles

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • Flooring Type: Tile, Wood
  • Interior: Breakfast Bar, Built-in Features, Ceiling Fan(s), Granite Counters, Main Level Primary, No Interior Steps, Open Floorplan, High Speed Internet

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: River Front, Waterfront
  • View: City
  • Exterior: Balcony

Parking Information:

  • Garage Space: 1 space
  • Parking: Assigned, Garage, Garage Door Opener

Lot Features

Lot Information:

  • Lot Size: 0.00 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: East on Cesar Chavez, Right on Red River, 1st left and then Right on Rainey St. Milago is located at the very end of the street on the right

Price Information

Listing Price Info

Price Summary:

  • List Price: $450,000
  • Price Per SqFt: $595/SqFt

HOA Fees:

  • Amount: $521
  • Frequency: Monthly
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Housing Market Comparison

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

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Austin, TX

City

Med. Sold Price

$567.4K

Med. Price/SqFt

$308

Avg. Days On Market

74

# of Sold Homes

602

54 Rainey St Unit 815 vs Austin

140 DAYS ON ROCKET

+66 Days

$450,000

-$117.4K Less

$595/SqFt

+$287 More

KEY TAKEAWAY

This property is $117.4K less than the Median Sold Price and $287/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: #8364796

Listing Office:

  • Office Name: Compass RE Texas, LLC
  • Office Phone: (512) 293-5552
  • Listing Agent: Carolyn Skyles

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: 12/18/2024, 10:20:52 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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$2,834

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Recommended Financing

30-Year Fixed

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.

Nearby Schools

school-card-donut-4496005
5
/10

  • Sanchez Elementary School

  • 73 San Marcos St

  • 0.28 miles

  • Public District Grades PK-5

school-card-donut-4496006
7
/10

  • Travis Heights Elementary School

  • 2010 Alameda Dr

  • 1.12 miles

  • Public Charter Grades EE-5

school-card-donut-4496007
6
/10

  • Zavala Elementary School

  • 310 Robert T Martinez Jr St

  • 1.14 miles

  • Public District Grades EE-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,389. Typical income of Austin, TX residents is less than $35k annually. The majority of 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 815

What is the listing price of this property?

The listing price of 54 Rainey St Unit 815 property is $450,000.

What type of property is this?

The property 54 Rainey St Unit 815 is a condo located in Austin, Texas, 78701.

Is this property for sale now?

Active Listing: 54 Rainey St Unit 815 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 54 Rainey St Unit 815 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 54 Rainey St Unit 815 is 756 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 54 Rainey St Unit 815 is 2005.

Rocket Homes›Texas›Travis County›Austin›78701›54 Rainey St Unit 815

This home is located at 54 Rainey St Unit 815 in Austin, TX and zip code 78701 in the Downtown neighborhood. This 756 square foot home, which was built in 2005, sits on a 0.00 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since July 31, 2024 and is currently priced at $450,000.

While more than 59 listings in Austin, TX in November 2024 were sold above asking price, there were more than 96 listings sold at asking price, and more than 446 were sold below. In November 2024 in Austin, TX there were 1.1% less homes for sale than in October 2024. In November 2024 median list price was $567,441 and the average listing age was 74 days.

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

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