4 months on rocket

54 Rainey St Unit 513, Austin, TX, 78701

$620,000

Home List Price

$7,363*

Closing Credit

2 Bedrooms
2 Full Baths
1,164 SqFt
$533/SqFt
Condo
Schools Nearby

Location

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54 Rainey St Unit 513, Austin$620,000

Buyer Closing Credits

$7,363*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Garage, Covered, Guest
Garage2 spaces
Year Built2005
HeatingCentral
CoolingCentral Air
WaterfrontRiver Front
ViewCity
MLS #1594185
Lot Size0.01 Acres
StatusActive

About 54 Rainey St Unit 513

Amazing value in this 2 bed/2 bath condo on Rainey ST Downtown! This unit boasts a great layout: primary bedroom features a large ensuite bathroom + walk in closet; kitchen, dining, and living room are all open to each other which creates a spacious feel and provides flexibility in how you use the space; secondary bedroom with it's own full bathroom, plus a covered patio to boot! Efficient use of space with plenty of storage. Great amenities including roof top pool and hot tub, workout room, party space and multiple indoor/outdoor lounge areas. Incredible location on the south end of Rainey Street, just steps from the Hike & Bike Trail. Easy access to all the action on Rainey, the East Side and Downtown, multiple restaurants and shops including Royal Blue Grocery directly across the street! Assigned parking spaces are A68 and A60.

Property Details

Property Features

Property Information:

  • Year Built: 2005
  • Stories: 1
  • Living Area: 1,164 SqFt

Listing Office:

  • Office Name: Compass RE Texas, LLC
  • Office Phone: (512) 575-3644
  • Listing Agent: Adam Zell

Interior Features

Interior Information:

  • Appliances: Cooktop, Dryer, Dishwasher, Disposal, Microwave, Oven, Washer
  • Flooring Type: Carpet, Tile, Wood
  • Interior: Breakfast Bar, Ceiling Fan(s), Double Vanity, Eat-in Kitchen, Granite Counters, In-Law Floorplan, Kitchen Island, Main Level Primary, Multiple Primary Suites, No Interior Steps, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: River Front
  • View: City
  • Exterior: Outdoor Grill

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Assigned, Garage, Covered, Guest

Lot Features

Lot Information:

  • Lot Size: 0.01 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: From I-35, exit 234A. Turn right onto River St. At the traffic circle, take the 3rd exit to Rainey St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $620,000
  • Price Per SqFt: $533/SqFt

HOA Fees:

  • Amount: $803
  • 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

$568.3K

Med. Price/SqFt

$310

Avg. Days On Market

46

# of Sold Homes

925

54 Rainey St Unit 513 vs Austin

121 DAYS ON ROCKET

+75 Days

$620,000

+$51.6K More

$533/SqFt

+$222 More

KEY TAKEAWAY

This property is $51.6K more than the Median Sold Price and $222/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: #1594185

Listing Office:

  • Office Name: Compass RE Texas, LLC
  • Office Phone: (512) 575-3644
  • Listing Agent: Adam Zell

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: 5/4/2024, 10:20:31 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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$3,965

Per Month

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.

Elementary School

school-card-donut-6201782
6
/10

  • Matthews Elementary School

  • 906 Westlynn St

  • 1.95 miles

  • Public District Grades PK-6

Middle School

school-card-donut-6201783
5
/10

  • O. Henry Middle School

  • 2610 W 10th St

  • 2.85 miles

  • Public District Grades 6-8

High School

school-card-donut-6201784
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. Most 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 513

What is the listing price of this property?

The listing price of 54 Rainey St Unit 513 property is $620,000.

What type of property is this?

The property 54 Rainey St Unit 513 is a condo located in Austin, Texas, 78701.

Is this property for sale now?

Active Listing: 54 Rainey St Unit 513 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 513 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 513 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 54 Rainey St Unit 513 is 1,164 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 54 Rainey St Unit 513 is 2005.

Rocket Homes›Texas›Travis County›Austin›78701›54 Rainey St Unit 513

This home is located at 54 Rainey St Unit 513 in Austin, TX and zip code 78701 in the Downtown neighborhood. This 1,164 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 January 04, 2024 and is currently priced at $620,000.

In April 2024 more than 195 listings in Austin, TX were sold above the asking price. During the same period more than 158 listings were sold at asking price, while more than 571 were sold below. In April 2024 in Austin, TX there were 18.7% more homes for sale than in March 2024. 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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