54 Rainey St, Unit 101

Austin, TX 78701

$569,000
Last List Price
1
Bed
1,294 Sq. Ft.
$440 / Sq. Ft.
1,294
Sq. Ft.
$440
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 4/1/21
Closed 4/1/21
a living room with furniture and a flat screen tv

Description

Rare ground floor condo. Milago is in a park-like setting on Lady Bird Lake and Trail. Large 1 Bedroom + Flex Room and 2 Baths. Unique 1st Floor unit with a private patio overlooking the Park, Lake and Trail. Corner location with lots of natural light. Spacious living and dining area has windows on two sides. Beautiful updates in the white kitchen and master bath, huge customized master closet. The Flex Room is an interior room with a Murphy Bed and closet can serve as a Guest Bedroom or Media/Office/Workout...Rare ground floor condo. Milago is in a park-like setting on Lady Bird Lake and Trail. Large 1 Bedroom + Flex Room and 2 Baths. Unique 1st Floor unit with a private patio overlooking the Park, Lake and Trail. Corner location with lots of natural light. Spacious living and dining area has windows on two sides. Beautiful updates in the white kitchen and master bath, huge customized master closet. The Flex Room is an interior room with a Murphy Bed and closet can serve as a Guest Bedroom or Media/Office/Workout Room. Owner is a musician so he insulated some of the walls! Milago has top notch amenities and advantages - Great for walkers, runners, bicyclers who want immediate access to the hike and bike trail. Rooftop pool, spa, grills, fire pit with stunning downtown, lake and hill country views, gym, lounge, terraces, 24 hr concierge. Immediately out the back door you can Walk, Run, Bike, Kayak, Paddle Board in this Prime Location close to nature and everything you want and need. Walk to numerous restaurants, entertainment. Quick commute to Whole Foods and the Austin airport. View, Space, Privacy and Convenience. Wonderful opportunity in this special lakeside building! HOA Fee $687/Mo. Google Fiber ready. Rsvd Pkg Spot #132.
  1. Listed by Joanne Flynn • TREC #0421993 • Lux Haus Realty
    P: (512)-633-7015 C: (512)-633-7015 joannemarieflynn@gmail.com

Property Details for 54 Rainey Street, Unit 101

Subdivision Name
Milago Condo Amd
Waterfront
Yes
Waterfront Description
Lake Front
Water Access Description
Public
View
Lake, Trees/Woods
View YN
Yes
Parcel Number
02030312020000
Tax Lot
101
LISTING UPDATED: 11/14/2022 08:38 PM

Property Details for 54 Rainey Street, Unit 101

StatusClosed
MLS #3361530
Days on Market109
Pet Policy-
Taxes$10,476 / year
HOA Fees$687 / month
Condo/Co-op Fees-
Property TypeCondo
MLS TypeResidential / Condominium
Year Built2005
CountyTravis County
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Location

Listing Courtesy of Lux Haus Realty, Joanne Flynn, TREC #0421993

Sold By Fathom Realty, LLC, Virginia Messler, TREC #0691055

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Building Information for 54 Rainey Street, Unit 101

Building/Complex54 Rainey StFloor1Stories1Residences-Pet Policy-Pet Policy Details-Year Built2005

Payment Calculator

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OriginPoint Mortgage or Rocket Mortgage1

$4,395 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,835

Property Taxes

$873

HOA Dues

$687

The Payment Calculator is for illustrative purposes only.

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Property Information for 54 Rainey Street, Unit 101

General Information
Parking
  • Garage Spaces: 1
  • Parking Total: 1
  • Parking Features: Assigned, Garage, Garage Door Opener, Secured, Guest
  • Garage: Yes
  • Covered Spaces: 1
Interior
  • Interior Features: Breakfast Bar, Ceiling Fan(s), Double Vanity, Eat In Kitchen, Kitchen Island, Main Level Master, Murphy Bed, No Interior Steps, Quartz Counters, See Remarks
  • Flooring: Tile, Wood
Exterior
  • Exterior Features: No Exterior Steps
  • New Construction: No
  • Construction Materials: Masonry, Concrete, Stucco
  • Foundation Details: Pillar Post Pier
  • Patio And Porch Features: Patio, See Remarks
  • Water Body Name: Lady Bird Lake
  • Roof: Built Up
  • Fencing: None
  • Direction Faces: Southwest
  • Window Features: InsulatedWindows, SolarScreens
  • Accessibility Features: None
  • Community Features: Barbecue, Business Center, Bar Lounge, Bicycle Storage, Concierge, Common Grounds/Area, Community Mailbox, Courtyard, Conference/Meeting Room, Curbs, Fitness Center, Gated, Lake, Package Service, Park, Property Manager On-Site, Pool, Street Lights, Sidewalks, Trails Paths
Property Information
Lot Information
  • FEMA Flood Plain: No
  • Lot Features: Level, Trees Large Size
  • Horse: No
  • Horse Amenities: None
Utilities
  • Cooling YN: Yes
  • Cooling: Central Air, Ceiling Fans, Electric, Separate Meters
  • Heating YN: Yes
  • Heating: Central, Electric, Separate Meters
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Not Available, Water Available
Room Information
Room 1
  • Room Type: Bedroom
  • Room Level: Main
  • Room Features: CeilingFans, SeeRemarks
  • Room Description: 2nd Bedroom/Bonus Room, Office, Workout Room, Etc. There is a built-in Murphy Bed and Desk in this room. This room is an interior room and has a closet.
Room 2
  • Room Type: PrimaryBedroom
  • Room Level: Main
  • Room Features: CeilingFans, SeeRemarks, WalkInClosets
  • Room Description: Primary Bedroom has an updated ensuite bathroom with double sinks, garden tub and separate shower. Also features a door to a ground level private patio with park and lake views.
Room 3
  • Room Type: Bathroom
  • Room Level: Main
  • Room Features: WalkInShower
  • Room Description: Bathroom #2 with a shower
Room 4
  • Room Type: PrimaryBathroom
  • Room Level: Main
  • Room Features: DoubleVanity, GardenTubRomanTub, QuartzCounters, SeparateShower, WalkInShower
Room 5
  • Room Type: Kitchen
  • Room Level: Main
  • Room Features: BreakfastBar, EatInKitchen, GalleyKitchen, QuartzCounters, TrackLighting
Unit Information
Unit 1
  • Permission: IDX
Unit 2
  • Permission: IDX
Unit 3
  • Permission: IDX
Unit 4
  • Permission: IDX
Unit 5
  • Permission: IDX
Financial Information
Taxes and HOA Information
  • Association: Yes
  • Association Name: Milago Condominiums
  • Association Fee Includes: CommonAreaMaintenance, MaintenanceGrounds, MaintenanceStructure, Parking
  • Association Amenities: Concierge
  • Tax Assessed Value: $488,400
  • Additional Parcels: No
  • Tax Year: 2020
  • Tax Rate: 2.14%
Showing Information
Showing Information
  • Security Features: Building Security, Fire Alarm, Secured Garage/Parking, Smoke Detector(s), Controlled Access
  • Directions: From Cesar Chavez, South on Red River, Left on Davis, Right on Rainey. Milago is on the right at the very end of Rainey. Free Guest Parking Garage entrance is to the right of the front door. Also, there is free 15 Min parking directly in front of the building or more street parking at a meter.

Property History for 54 Rainey Street, Unit 101

DateEvent & SourcePriceAppreciationLink
Oct 31, 2025

Expired

ACTRIS #2846112

$549,000——
May 21, 2025

Temporarily Off Market

ACTRIS #2846112

$549,000——
Apr 15, 2025

Listed (Active)

ACTRIS #2846112

$549,000——
DateEvent & SourcePrice
10/31/2025

Expired

ACTRIS #2846112

$549,000
05/21/2025

Temporarily Off Market

ACTRIS #2846112

$549,000
04/15/2025

Listed (Active)

ACTRIS #2846112

$549,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 54 Rainey Street, Unit 101

Taxable ValueLand$243,443Additions$381,501Total$624,944
Tax Record2024$8,112 ($676 / month)
Home Facts
Beds1Total Finished SqFt1,294 SqFtAbove Grade Finished SqFt1,294 SqFtStories1Lot Size327 SqFtStyleCondominiumYear Built2005CountyTRAVISAPN02030312020000

Schools near 54 Rainey Street, Unit 101

This home is within Austin Independent School District.
Rating
School
Type
Grades
Distance
Mathews Elementary School
Public - PK to 6
O Henry Middle School
Public - 6 to 8
Austin High School
Public - 9 to 12
Daep- El
Public - 5
Rating
School
Distance
Mathews Elementary School
PublicPK to 6

O Henry Middle School
Public6 to 8

Austin High School
Public9 to 12

Daep- El
Public5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Lux Haus Realty, Joanne Flynn, TREC #0421993

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2026 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2026] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.