14 days on rocket

54 Rainey St Unit 1020, Austin, TX, 78701

$515,000

Home List Price

$6,116*

Closing Credit

1 Bedroom
1 Full Bath
750 SqFt
$687/SqFt
Condo
Schools Nearby

Location

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54 Rainey St Unit 1020, Austin$515,000

Buyer Closing Credits

$6,116*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Covered, Guest
Garage1 space
Year Built2005
HeatingCentral
CoolingCentral Air
WaterfrontLake Front
ViewCity, Hills, Lake
MLS #4542412
Lot Size0.00 Acres
StatusActive

About 54 Rainey St Unit 1020

5K allowance paint/other. Amazing 10th floor WATERFRONT downtown Austin Condo with excellent combination of amenities, modern updates, panoramic water views of Lady Bird Lake and Austin Skyline with convenient walking distance to dining and entertainment, and direct access to Butler Trail. Hardwood floors throughout, remodeled kitchen and bathroom, and a private balcony. Microwave, Dishwasher, and Garbage disposal replaced in 2023. Nest Smart Thermostat added 2023. Nest Wi-Fi Smoke Detector added 2023. Washer, Dryer, Refrigerator Convey. Lowest high-end downtown HOA (per HOA Letter). Amenities in this building are high-end, including a rooftop pool, hot tub and fire pit, business center, security, 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. Reserved parking spot on level 2 of garage, 233.

Property Details

Property Features

Property Information:

  • Year Built: 2005
  • Stories: 1
  • Living Area: 750 SqFt

Listing Office:

  • Office Name: Austin Here I Come
  • Office Phone: (512) 947-6400
  • Listing Agent: Linda Dittoe

Interior Features

Interior Information:

  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Cooktop, Disposal, Microwave, Refrigerator
  • Flooring Type: Tile, Wood
  • Interior: Breakfast Bar, Ceiling Fan(s), Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

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

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Near Park, Trees
  • Lot Size: 0.00 Acres

Utilities

Utilities Information:

  • Heating: Central
  • 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: South End of Rainey Street. Street Parking or in temporary guest parking to the right of the lobby entrance (register with front desk).

Price Information

Listing Price Info

Price Summary:

  • List Price: $515,000
  • Price Per SqFt: $687/SqFt

HOA Fees:

  • Amount: $518
  • Frequency: Monthly
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Housing Market Comparison

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

Med. Sold Price

$568.8K

Med. Price/SqFt

$311

Avg. Days On Market

56

# of Sold Homes

812

54 Rainey St Unit 1020 vs Austin

14 DAYS ON ROCKET

-42 Days

$515,000

-$53.8K Less

$687/SqFt

+$376 More

KEY TAKEAWAY

This property is $53.8K less than the Median Sold Price and $376/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: #4542412

Listing Office:

  • Office Name: Austin Here I Come
  • Office Phone: (512) 947-6400
  • Listing Agent: Linda Dittoe

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: 4/29/2024, 3:25:17 PM 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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$3,156

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,610

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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-3201087
6
/10
  • Matthews Elementary School

  • 906 Westlynn St

  • 1.95 miles

  • Public District Grades PK-6

Middle School

school-card-donut-3201088
5
/10
  • O. Henry Middle School

  • 2610 W 10th St

  • 2.85 miles

  • Public District Grades 6-8

High School

school-card-donut-3201089
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 most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 54 Rainey St Unit 1020

What is the listing price of this property?

The listing price of 54 Rainey St Unit 1020 property is $515,000.

What type of property is this?

The property 54 Rainey St Unit 1020 is a condo located in Austin, Texas, 78701.

Is this property for sale now?

Active Listing: 54 Rainey St Unit 1020 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 1020 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 1020 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 54 Rainey St Unit 1020 is 750 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 54 Rainey St Unit 1020 is 2005.

Rocket HomesTexasTravis CountyAustin7870154 Rainey St Unit 1020

This home is located at 54 Rainey St Unit 1020 in Austin, TX and zip code 78701 in the Downtown neighborhood. This 750 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 April 15, 2024 and is currently priced at $515,000.

While more than 159 listings in Austin, TX in March 2024 were sold above asking price, there were more than 150 listings sold at asking price, and more than 503 were sold below. The number of homes for sale in Austin, TX increased by 21.3% between February 2024 and March 2024. In March 2024, listings were on the market for 56 days. During the same period, the median list price in this real estate market was $568,825.

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

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