4 months on rocket

54 Rainey St Unit 817, Austin, TX, 78701

$455,000

Home List Price

$5,403*

Closing Credit

1 Bedroom
1 Full Bath
865 SqFt
$526/SqFt
Condo

Location

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54 Rainey St Unit 817, Austin$455,000

Buyer Closing Credits

$5,403*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Attached, Garage, Garage Door Opener, Covered, Guest
Garage1 space
Year Built2005
HeatingCentral
CoolingCentral Air
WaterfrontNone
ViewCity Lights
MLS #5369967
Lot Size0.01 Acres
StatusActive

About 54 Rainey St Unit 817

Experience the luxury of this stunning one-bedroom condo, offering an incredible view. Step inside to discover the elegance of wood floors, and granite countertops. The kitchen boasts stainless steel appliances, with double oven, and the convenience of a stacked washer and dryer adds to the modern appeal. Enjoy the impressive amenities of the Milago building, including a rooftop terrace with a pool and hot tub, BBQ grills, a fitness room, club room, ground-level lounge and patio, and 24/7 concierge services. Located in the historic Rainey Street District beside Lady Bird Lake, you'll find yourself surrounded by restaurants, the convenience of Royal Blue Grocery, Salvation Pizza and Kitchen Bar, Standard Proof, Cuvee Coffee, Emmer and Rye, Geraldine’s at Hotel Van Zandt, Limestone Rooftop Bar at Cambria Hotel and a Salon/Spa within feet of walking out the building. A vibrant nightlife scene is just up the block. Take advantage of the proximity to outdoor activities - bike, paddle board, kayak, run, or simply take a leisurely walk along the hike and bike trail or in the newly completed Rainey Trailhead. Live music, dining, and cocktails are all within walking distance, providing an unparalleled urban lifestyle. Reserved Parking Space #243 ensures convenience, allowing you to embrace a lock-and-leave lifestyle. Discover the unmatched value of Milago Condominium and make this exceptional condo your new home. Welcome to a lifestyle where sophistication meets convenience.

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: Womack Real Estate LLC
  • Office Phone: (512) 626-0621
  • Listing Agent: Sherene Mayner

Interior Features

Interior Information:

  • Appliances: Double Oven, Washer/Dryer Stacked, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Stainless Steel Appliance(s)
  • Flooring Type: Carpet, Tile, Wood
  • Interior: Ceiling Fan(s), Granite Counters, Main Level Primary, Open Floorplan, Smart Thermostat, Programmable Thermostat

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: City Lights
  • Exterior: Balcony

Parking Information:

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

Lot Features

Lot Information:

  • Lot Size: 0.01 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Cesar Chavez, S on Red River, Left on Driskill, Right on Rainey. Milago is past the circle at the end of the street on the right. There is street parking in front and visitor/guest parking in garage to the right of the front entrance, You must check in with the concierge.

Price Information

Listing Price Info

Price Summary:

  • List Price: $455,000
  • Price Per SqFt: $526/SqFt

HOA Fees:

  • Amount: $596
  • 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 817 vs Austin

145 DAYS ON ROCKET

+71 Days

$455,000

-$112.4K Less

$526/SqFt

+$218 More

KEY TAKEAWAY

This property is $112.4K less than the Median Sold Price and $218/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: #5369967

Listing Office:

  • Office Name: Womack Real Estate LLC
  • Office Phone: (512) 626-0621
  • Listing Agent: Sherene Mayner

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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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.

Nearby Schools

school-card-donut-4506330
5
/10

  • Sanchez Elementary School

  • 73 San Marcos St

  • 0.28 miles

  • Public District Grades PK-5

school-card-donut-4506331
7
/10

  • Travis Heights Elementary School

  • 2010 Alameda Dr

  • 1.12 miles

  • Public Charter Grades EE-5

school-card-donut-4506332
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. The most common annual income of people living in Austin, TX is less than $35k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 54 Rainey St Unit 817

What is the listing price of this property?

The listing price of 54 Rainey St Unit 817 property is $455,000.

What type of property is this?

The property 54 Rainey St Unit 817 is a condo located in Austin, Texas, 78701.

Is this property for sale now?

Active Listing: 54 Rainey St Unit 817 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 817 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 54 Rainey St Unit 817 is 865 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 54 Rainey St Unit 817 is 2005.

Rocket Homes›Texas›Travis County›Austin›78701›54 Rainey St Unit 817

This home is located at 54 Rainey St Unit 817 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 July 25, 2024 and is currently priced at $455,000.

In November 2024 more than 59 listings in Austin, TX were sold above the asking price. During the same period more than 96 listings were sold at asking price, while more than 446 were sold below. Between October 2024 and November 2024, Austin, TX real estate market has seen decrease in the number of listings by 1.1%. While the average time on the market in November 2024 was 74 days, the median list price was $567,441.

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

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