18 days on rocket

54 Rainey St Unit 916, Austin, TX, 78701

$499,000

Home List Price

$5,926*

Closing Credit

1 Bedroom
1 Full Bath
852 SqFt
$586/SqFt
Condo
Schools Nearby

Location

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54 Rainey St Unit 916, Austin$499,000

Buyer Closing Credits

$5,926*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Attached, Garage, Covered, Guest
Garage1 space
Year Built2005
HeatingCentral
CoolingCentral Air
WaterfrontLake Front
ViewHills, Lake
MLS #9372673
Lot Size0.00 Acres
StatusActive

About 54 Rainey St Unit 916

Wonderful opportunity in the Milago Condos on the West side of the building with stunning views! Light and airy condo boasts 852 square feet, 1 bed/1 bath plus a flex space with a barn-door and a murphy bed that can double as a guest room, office, etc. Special layout in this particular unit as the bedroom, living and kitchen all enjoy river views. Kitchen has cherry cabinets and dark granite countertops with a tiled splash guard upgrade. The larger, private covered balcony has a protected view with room for furniture and a small garden. Great amenities including roof top pool and hot tub, fitness 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, Downtown & some of the best restaurants and entertainment. 1 reserved parking space, A88.

Property Details

Property Features

Property Information:

  • Year Built: 2005
  • Stories: 1
  • Living Area: 852 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, Refrigerator, Washer
  • Flooring Type: Tile, Wood
  • Interior: Ceiling Fan(s), Granite Counters, Main Level Primary, Murphy Bed

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

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

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Many 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: From Cesar Chavez head South on Red River, Left on Davis, Right on Rainey. Milago is at end of Rainey on the Right. 15 min free parking directly in front of the building, possible free space in guest parking in the garage to the right of the front door.

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,000
  • Price Per SqFt: $586/SqFt

HOA Fees:

  • Amount: $587
  • 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 916 vs Austin

18 DAYS ON ROCKET

-38 Days

$499,000

-$69.8K Less

$586/SqFt

+$275 More

KEY TAKEAWAY

This property is $69.8K less than the Median Sold Price and $275/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: #9372673

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: 4/30/2024, 12:25:14 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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$3,145

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-3425902
6
/10

  • Matthews Elementary School

  • 906 Westlynn St

  • 1.95 miles

  • Public District Grades PK-6

Middle School

school-card-donut-3425903
5
/10

  • O. Henry Middle School

  • 2610 W 10th St

  • 2.85 miles

  • Public District Grades 6-8

High School

school-card-donut-3425904
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. The majority of Austin, TX residents have income less than $35k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 54 Rainey St Unit 916

What is the listing price of this property?

The listing price of 54 Rainey St Unit 916 property is $499,000.

What type of property is this?

The property 54 Rainey St Unit 916 is a condo located in Austin, Texas, 78701.

Is this property for sale now?

Active Listing: 54 Rainey St Unit 916 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 916 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 916 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 54 Rainey St Unit 916 is 852 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 54 Rainey St Unit 916 is 2005.

Rocket Homes›Texas›Travis County›Austin›78701›54 Rainey St Unit 916

This home is located at 54 Rainey St Unit 916 in Austin, TX and zip code 78701 in the Downtown neighborhood. This 852 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 11, 2024 and is currently priced at $499,000.

Austin, TX housing market in March 2024 saw over 159 listings sold above listed price, more than 150 sold at listed price and over 503 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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