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$459,000

Beds
1
Baths
1.0
sq ft
756

54 Rainey St Unit 1015, Austin, TX 78701

54 Rainey St Unit 1015

Austin, TX 78701

  • 43 days on market
    • Price drop $10,000↓
Indulge in luxury living with this exquisite one-bedroom condo, showcasing breathtaking views. Inside, you’ll be greeted by the timeless beauty of wood floors and granite countertops, while the kitchen features sleek stainless steel appliances. A stacked washer and dryer add to the modern conveniences. The Milago building offers impressive amenities, including a rooftop terrace with a pool, hot tub, BBQ grills, a fitness center, club room, ground-level lounge, patio, and 24/7 concierge services. Located in the vibrant Rainey Street District next to Lady Bird Lake, you'll be steps away from popular spots like Royal Blue Grocery, Salvation Pizza, Standard Proof, Cuvee Coffee, Emmer & Rye, Geraldine’s, and the Limestone Rooftop Bar. Enjoy the neighborhood's bustling nightlife and easy access to outdoor activities like biking, paddle boarding, kayaking, running, or strolling along the nearby hike and bike trail or Rainey Trailhead. Live music, dining, and cocktails are just a short walk away, offering an unmatched urban lifestyle. Plus, with reserved parking space #234, you can enjoy the convenience of a lock-and-leave lifestyle. Experience the perfect blend of sophistication and convenience at Milago Condominium—your new home awaits.

Details

Property type

Condominium

Est. home value

$484,554

Lot size

191.66 sq ft

Price per sq ft

$608

Year built

2005

Annual property taxes

$8,267.88

Monthly HOA fee

$521.83

Price History

10/17/2024
Austin

Austin #3385473

Price change
$459,000
-2.13%
09/25/2024
Austin

Austin #3385473

Listed
$469,000

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Mathews

Middle school: 

O Henry

High school: 

Austin

Community features: 

Fitness Center, Gated, Pool, Street Lights

High school district: 

Austin ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$234,218
Asking price
$459,000
Closing costs (~8% of asking)
-$36,720
Est. remaining loan balance
-$188,062
Cash to seller
$234,218

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

March 2021

Original loan amount

$238,000

Est. remaining balance

$188,062

Interest rate

2.2%

Loan type

New Conventional, 15 year

Seller

Daniel Marcel Wurst and Kerstin Wurst

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/08/2024 at 7:40 AM

Listing updated: 10/27/2024 at 1:05 PM

Listed by: Sherene Mayner, Womack Real Estate LLC Phone #: (512) 626-0621

MLS: Austin #3385473

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