15 days on rocket

54 Rainey St Unit 1115, Austin, TX, 78701

$495,000

Home List Price

$5,878*

Closing Credit

1 Bedroom
1 Full Bath
756 SqFt
$655/SqFt
Condo
Schools Nearby

Location

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54 Rainey St Unit 1115, Austin$495,000

Buyer Closing Credits

$5,878*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Garage, Covered, Guest
Garage1 space
Year Built2005
HeatingCentral, Electric
CoolingCentral Air
WaterfrontNone
FireplaceNone
ViewCity, Park, Lake, Panoramic, River
MLS #3521236
Lot Size0.00 Acres
StatusActive

About 54 Rainey St Unit 1115

Experience the best of urban living in this recently updated one-bedroom, one-bathroom condo in the much-loved Milago building. Boasting a prime location adjacent to the Lady Bird Lake Hike & Bike Trail, this residence offers a luxurious retreat in the heart of the city. As you step into the unit, you'll be greeted by a kitchen featuring stainless steel appliances, granite counters, and recently painted cabinets and updated hardware. The in-unit washer and dryer provide added convenience. Fresh paint (2024) and recent modern light fixtures, create a light, bright, and inviting ambiance. Step out onto your private balcony and soak in the downtown views, creating the perfect setting for morning coffee or evening relaxation. The Milago offers an array of amenities, including a 24/7 concierge, an exercise facility, bike storage, and a rooftop pool, along with adjacent restaurants, bars, and shopping, providing residents with the ultimate downtown living.Seller offering all new stainless kitchen appliance package installed prior to closing with full price offer.

Property Details

Property Features

Property Information:

  • Year Built: 2005
  • Stories: 1
  • Living Area: 756 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Dryer, Washer/Dryer Stacked, Dishwasher, ENERGY STAR Qualified Appliances, Range, Disposal, Microwave, Refrigerator, Self Cleaning Oven, Stainless Steel Appliance(s), Washer
  • Flooring Type: Tile, Wood
  • Interior: Breakfast Bar, Ceiling Fan(s), Granite Counters, High Ceilings, Main Level Primary, Track Lighting
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: City, Park, Lake, Panoramic, River
  • Exterior: Balcony, See Remarks

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.00 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: Congress/1St. (Cesar Chavez) go East then R@Red River, L @ Driskell to Rainey St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $495,000
  • Price Per SqFt: $655/SqFt

HOA Fees:

  • Amount: $303
  • 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

$568.6K

Med. Price/SqFt

$310

Avg. Days On Market

42

# of Sold Homes

934

54 Rainey St Unit 1115 vs Austin

15 DAYS ON ROCKET

-27 Days

$495,000

-$73.6K Less

$655/SqFt

+$345 More

KEY TAKEAWAY

This property is $73.6K less than the Median Sold Price and $345/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: #3521236

Listing Office:

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

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: 6/2/2024, 5:20:30 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.

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Recommended Financing

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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-7078891
8
/10

  • Matthews Elementary School

  • 906 Westlynn St

  • 1.95 miles

  • Public District Grades PK-6

Middle School

school-card-donut-7078892
5
/10

  • O. Henry Middle School

  • 2610 W 10th St

  • 2.85 miles

  • Public District Grades 6-8

High School

school-card-donut-7078893
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. Typical income of Austin, TX residents is less than $35k annually. Typical family type is single, no kids. The majority of 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 1115

What is the listing price of this property?

The listing price of 54 Rainey St Unit 1115 property is $495,000.

What type of property is this?

The property 54 Rainey St Unit 1115 is a condo located in Austin, Texas, 78701.

Is this property for sale now?

Active Listing: 54 Rainey St Unit 1115 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 1115 are:
Matthews Elementary School: GreatSchools Rating 8/10
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 1115 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 54 Rainey St Unit 1115 is 756 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 54 Rainey St Unit 1115 is 2005.

Rocket Homes›Texas›Travis County›Austin›78701›54 Rainey St Unit 1115

This home is located at 54 Rainey St Unit 1115 in Austin, TX and zip code 78701 in the Downtown neighborhood. This 756 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 May 17, 2024 and is currently priced at $495,000.

In May 2024, from all listings sold in Austin, TX there were more than 180 sold above asking price, over 585 sold below and more than 169 were sold right at the asked price. The number of homes for sale in Austin, TX increased by 14.9% between April 2024 and May 2024. The median list price of listings available in May 2024 was $568,618, while the average time on the real estate market was 42 days.

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

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