2 months on rocket

54 Rainey St Unit 1101, Austin, TX, 78701

$899,900

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
1,289 SqFt
$698/SqFt
Condo
Schools Nearby

Location

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54 Rainey St Unit 1101, Austin$899,900

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingCommon, Covered
Year Built2005
HeatingBaseboard
CoolingCentral Air
WaterfrontLake Front, River Front
ViewLake, Creek/Stream
MLS #5111510
Lot Size0.01 Acres
StatusActive

About 54 Rainey St Unit 1101

Milago offers a rare opportunity to appease your inner lake-side and never leave the city! Over looking downtown Austin's sparkling Town Lake, adjacent to the Town Lake Hike and Bike Trail and Waller Beach Metropolitan Park, your urban lake home is only steps from the serenity of over ten miles of tree-shaded pathway connecting over 500-acres of city park land. Living close the water's edge, with a canoe dock providing direct lake access and park facilities nearby, the exhilaration of sun, sailing, kayaking and fishing are available at your whim. Live on the banks of Lady Bird Lake, walk out the door to trails, nearby dining and entertainment on Rainey Street. OWNER FINANCING AVAILABLE.

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: Kuper Sotheby's Int'l Realty
  • Office Phone: (512) 831-6577
  • Listing Agent: Ross Melby

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Freezer, Oven
  • Flooring Type: Wood
  • Interior: Breakfast Bar, Ceiling Fan(s), Main Level Primary, Stone Counters

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Lake Front, River Front
  • View: Lake, Creek/Stream
  • Exterior: Balcony

Parking Information:

  • Parking: Common, Covered

Lot Features

Lot Information:

  • Lot: City Lot
  • Lot Size: 0.01 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • 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 on Rainey Street, Property on the West side od the street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $899,900
  • Price Per SqFt: $698/SqFt

HOA Fees:

  • Amount: $750
  • 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

$568.8K

Med. Price/SqFt

$311

Avg. Days On Market

56

# of Sold Homes

812

54 Rainey St Unit 1101 vs Austin

61 DAYS ON ROCKET

+5 Days

$899,900

+$331K More

$698/SqFt

+$387 More

KEY TAKEAWAY

This property is $331K more than the Median Sold Price and $387/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: #5111510

Listing Office:

  • Office Name: Kuper Sotheby's Int'l Realty
  • Office Phone: (512) 831-6577
  • Listing Agent: Ross Melby

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: 5/1/2024, 3:25:16 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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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,764

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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-4253794
6
/10

  • Matthews Elementary School

  • 906 Westlynn St

  • 1.95 miles

  • Public District Grades PK-6

Middle School

school-card-donut-4253795
5
/10

  • O. Henry Middle School

  • 2610 W 10th St

  • 2.85 miles

  • Public District Grades 6-8

High School

school-card-donut-4253796
6
/10

  • Austin High School

  • 1715 W Cesar Chavez St

  • 2.07 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,389. Most Austin, TX residents have annual incomes less than $35k. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 54 Rainey St Unit 1101

What is the listing price of this property?

The listing price of 54 Rainey St Unit 1101 property is $899,900.

What type of property is this?

The property 54 Rainey St Unit 1101 is a condo located in Austin, Texas, 78701.

Is this property for sale now?

Active Listing: 54 Rainey St Unit 1101 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 1101 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 1101 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 54 Rainey St Unit 1101 is 1,289 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 54 Rainey St Unit 1101 is 2005.

Rocket Homes›Texas›Travis County›Austin›78701›54 Rainey St Unit 1101

This home is located at 54 Rainey St Unit 1101 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 February 29, 2024 and is currently priced at $899,900.

In March 2024 more than 159 listings in Austin, TX were sold above the asking price. During the same period more than 150 listings were sold at asking price, while more than 503 were sold below. Between February 2024 and March 2024, Austin, TX real estate market has seen increase in the number of listings by 21.3%. 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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