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$599,000   Price Analysis
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54 Rainey St Apt 614
Austin, TX 78701
2 bed 2 bath 1,164 SqFt ($514/SqFt)
305SqFt lot. Built 2005
Listed 2024-07-17, HOA $803, Taxes $16,290
Ⓧ USDA Ineligible
due to location

near Austin

This 2 bedroom

* Sale Pending *

2 full bath condo provides all the upscale community amenities of The Milago: a rooftop pool and spa, exercise facility, clubroom, lounge and concierge services, plus the homes balcony is over the treetops for tremendous views of the trail and downtown! The vast condo features wood floors in the open-plan living room and kitchen, granite countertops, upgraded cabinets and a kitchen island. Both bedrooms have sizeable walk-in closets, while the primary bedroom has a separate shower and tub and the secondary bedroom has a tub/shower combo.

The unit is on the quieter side of the building in relation to traffic and many residents are part-time, which adds to privacy. Just outside the building is Ladybird Lake Hike and Bike Trail, including a place to launch your kayak or canoe into the lake or you can rent a kayak within walking distance. As a resident on Rainey Street, youll have extraordinarily easy access to restaurants, trending bars and amenities like Royal Blue Grocery. The units two prking spots are well located and the building provides easy access to IH-35. Add in vibrant downtown Austin living and youve met your match!


Presented by Brian Talley at
Regent Property Group, Llc.
Listing Agent Photo

Property MLS #8335608 from UnlockMLS

Bedrooms: 2
Bedrooms On Main Level: 2

Total Bathrooms: 2
Full Bathrooms: 2

Breakfast Bar
Ceiling Fan(s)
Ceiling-High
Counter-Granite
Electric Dryer Hookup
Elevator
Kitchen Island
No Interior Steps
Primary Bedroom on Main
Washer Hookup
Flooring: Carpet, Wood
Window Features: Double Pane Windows

Built-In Oven(s)
Dishwasher
Disposal
Microwave
Electric Oven
Refrigerator
Washer/Dryer Stacked
Laundry Features: In Kitchen

Cooling Features: Central Air
Heating Features: Central

Water Body Name: Lady Bird Lake
River Front

Private Entrance

Spa Features: Hot Tub, In Ground

Covered Spaces: 2
Garage Spaces: 2
Parking Features: Garage
Parking Total: 2

Lot Description: Landscaped
Lot Size Acres: 0.007
Lot Size Square Feet: 305

View: City, Lake, Panoramic, River
Green Energy Efficient: Windows
Security Features: Fire Alarm, Prewired, Smoke Detector(s)

Association: Yes
Association Fee: 803
Association Fee Frequency: Monthly
Association Fee Includes: Common Area Maintenance, Insurance
Calculated Total Monthly Association Fees: 803
Association Name: Milago HOA

Elementary School: Mathews
High School: Austin
Middle School: O Henry
School District: Austin ISD

Mathews Elementary School is a public elementary school located approximately 1.9 miles away.
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Austin High School is a public high school located approximately 2 miles away.
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Martin Middle School is a public middle school located approximately 0.7 miles away.
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Cathedral School Of St Mary is a private elementary and middle school located approximately 0.9 miles away.
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Community Features: BBQ Pit/Grill, Clubhouse, Common Grounds, Concierge, Controlled Access, Courtyard, Fitness Center, Garage Parking, Lounge, Pool, Spa/Hot Tub, Walk/Bike/Hike/Jog Trail(s

Source Listing Status: Active Under Contract
County: Travis
Directions: From Congress Ave downtown, East on Cesar Chavez, South on Red River (right), East on Davis St (left), South on Rainey St (right). Last building on R immediately adjacent to Lady Bird Lake Hike-and-Bike Trail. There are 2 parking garage entrances. There is visitor parking in the entrance immediately to the right of the lobby entrance to the Milago. Ask concierge if you need a parking pass but that is not always necessary if you are only visiting for a short time. If there are no parking spaces, visitors have to find street parking. Enter lobby & ask concierge for the lockbox where you will find the key and elevator fob. When you put them back in the lockbox when leaving put the larger fob in the lockbox carriage first and the key and other fob on top of that so it doesnt get stuck making it hard for the next person to open the lockbox.
Tax Year: 2024
Restrictions: City Restrictions, Deed Restrictions
Source Property Type: Residential
Area: DT
Property Subtype: condo
Source Neighborhood: Milago Condo Amd
Parcel Number: 02030312850000
Subdivision: Milago Condo Amd
Property Subtype: Condominium
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$502,475 + $219,150
$721,625
$16,290
2022$490,243 + $109,575
$599,818
$15,707
2021$463,506 + $78,894
$542,400
$13,355
2020$463,506 + $78,894
$542,400
$11,633
2019$462,255 + $65,745
$528,000
$12,362
2018$434,855 + $65,745
$500,600
$11,897
2017$428,179 + $65,745
$493,924
$11,164
2016$394,255 + $65,745
$460,000
$11,340
2014$318,508 + $65,745
$384,253
$10,288
2014$351,961 + $65,745
$417,706
$9,940
2013$255,797 + $65,745
$321,542
$9,295
2012$unknown + $unknown
$295,137
$7,660
2011$unknown + $unknown
$295,551
$6,838
2010$unknown + $unknown
$320,000
$6,521
2009$unknown + $unknown
$373,739
$8,142
2008$unknown + $unknown
$370,735
$8,046

Listed 2024-07-17
$599,000
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Sold 2021-09-29
$0
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Listing removed 2013-07-25
$2,500
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Listed for rent 2013-06-10
$2,500
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Listing removed 2013-04-29
$2,100
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Listing removed 2013-04-29
$365,000
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Listing removed 2013-02-08
$2,500
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Listed for rent 2013-01-11
$2,500
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Sold 2010-10-07
$0
Public Record
Listing removed 2010-08-19
$2,200
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Listing removed 2010-08-17
$335,000
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Listed for rent 2010-08-05
$2,200
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Price Changed 2010-07-21
$340,000
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Relisted 2010-07-06
$345,000
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Listing removed 2010-06-29
$345,000
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Price Changed 2010-06-23
$345,000
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Price Changed 2010-06-16
$364,900
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Listing removed 2010-05-06
$339,500
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Relisted 2010-04-28
$369,900
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Listing removed 2010-04-20
$369,900
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Listed 2010-02-23
$369,900
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Listing removed 2009-08-28
$1,675
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Price Changed 2009-08-16
$347,500
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Price Changed for rent 2009-08-16
$1,700
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Price Changed 2009-08-02
$352,000
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Price Changed for rent 2009-08-02
$1,750
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Price Changed for rent 2009-07-26
$1,800
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Price Changed for rent 2009-07-08
$1,900
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Price Changed 2009-07-05
$355,000
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Price Changed 2009-06-21
$359,000
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Price Changed for rent 2009-06-07
$1,975
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Listed for rent 2009-05-24
$2,200
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Listed 2009-04-10
$370,000
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Listed 2008-06-06
$365,000
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Sold 2006-07-26
$0
Public Record

Total Square Feet Living: 1164
Year Built: 2005
Construction Materials: Masonry All Sides
Direction Faces: West
Foundation Details: Slab
Levels: One
Living Area Source: Public Records
Property Age: 19
Roof: Metal
House Style: High Rise (8-13 Stories), Single level Floor Plan, Elevator, Neighbor Above, Neighbor Below
Year Built Source: Public Records
Elevator: Yes

Sewer: Public Sewer
Cable Available
Electricity Available
Water Connected
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.