6 months on rocket

54 Rainey St Unit 1001, Austin, TX, 78701

$849,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
1,289 SqFt
$659/SqFt
Condo
Schools Nearby

Location

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54 Rainey St Unit 1001, Austin$849,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingAssigned, Attached, Garage, Garage Door Opener, Parking Lot
Garage2 spaces
Year Built2005
HeatingCentral, Electric
CoolingCentral Air
WaterfrontLake Front
ViewCity, Park, Lake, Panoramic, River
Private PoolYes
MLS #4655344
Lot Size0.01 Acres
StatusActive

About 54 Rainey St Unit 1001

Rare corner unit in a luxury building with beautiful Lady Bird Lake views. Amazing building in a great location with a tight knit community. Newly renovated with 2 balconies, one for sunrise and one with amazing views of the sunset, and tons of natural light. Both bedrooms have spacious walk in closets. And the water pressure in the showers is amazing. One bathroom has a large stand up shower and the other comes with a big soaking tub. During the fall and spring the breeze in the unit is amazing.

Property Details

Property Features

Property Information:

  • Year Built: 2005
  • Stories: 1
  • Living Area: 1,289 SqFt

Listing Office:

  • Office Name: ListingSpark
  • Office Phone: (512) 827-2252
  • Listing Agent: Aaron Jistel

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Exhaust Fan, Electric Water Heater, Disposal, Microwave, Oven, Refrigerator, Self Cleaning Oven
  • Flooring Type: Tile, Vinyl
  • Interior: High Ceilings, Main Level Primary, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Lake Front
  • View: City, Park, Lake, Panoramic, River
  • Exterior: See Remarks

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Assigned, Attached, Garage, Garage Door Opener, Parking Lot

Lot Features

Lot Information:

  • Lot: Corner Lot, Near Park, Sprinklers
  • Lot Size: 0.01 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

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: Head west on River St, at the traffic circle, take the 1st exit onto Rainey St, Destination will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $849,000
  • Price Per SqFt: $659/SqFt

HOA Fees:

  • Amount: $790
  • Frequency: Monthly
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Housing Market Comparison

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

Med. Sold Price

$568.3K

Med. Price/SqFt

$310

Avg. Days On Market

46

# of Sold Homes

925

54 Rainey St Unit 1001 vs Austin

189 DAYS ON ROCKET

+143 Days

$849,000

+$280.6K More

$659/SqFt

+$348 More

KEY TAKEAWAY

This property is $280.6K more than the Median Sold Price and $348/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: #4655344

Listing Office:

  • Office Name: ListingSpark
  • Office Phone: (512) 827-2252
  • Listing Agent: Aaron Jistel

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: 5/3/2024, 4:15:30 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.

Payment Calculator

$5,095

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,612

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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-5147030
6
/10
  • Matthews Elementary School

  • 906 Westlynn St

  • 1.95 miles

  • Public District Grades PK-6

Middle School

school-card-donut-5147031
5
/10
  • O. Henry Middle School

  • 2610 W 10th St

  • 2.85 miles

  • Public District Grades 6-8

High School

school-card-donut-5147032
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. Residents of Austin, TX typically earn less than $35k each year. The majority of families are 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 1001

What is the listing price of this property?

The listing price of 54 Rainey St Unit 1001 property is $849,000.

What type of property is this?

The property 54 Rainey St Unit 1001 is a condo located in Austin, Texas, 78701.

Is this property for sale now?

Active Listing: 54 Rainey St Unit 1001 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 1001 are:
Matthews Elementary School: GreatSchools Rating 6/10
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 1001 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 54 Rainey St Unit 1001 is 1,289 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 54 Rainey St Unit 1001 is 2005.

Rocket HomesTexasTravis CountyAustin7870154 Rainey St Unit 1001

This home is located at 54 Rainey St Unit 1001 in Austin, TX and zip code 78701 in the Downtown neighborhood. This 1,289 square foot home, which was built in 2005, sits on a 0.01 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 26, 2023 and is currently priced at $849,000.

In April 2024, from all listings sold in Austin, TX there were more than 195 sold above asking price, over 571 sold below and more than 158 were sold right at the asked price. The inventory of homes for sale in Austin, TX between March 2024 and April 2024 increased by 18.7%. In April 2024 median list price was $568,336 and the average listing age was 46 days.

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

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