Sold
Last List Price
3 beds1,557 sqft

54 Rainey St, Unit 1202, Austin, TX 78701

Single FamilyProperty Type
0.01 acresLot Size
2006Year Built
$639/sq ftPrice per sq ft
$1,075/moHOA Fees
2 carsParking Spaces

Description

«Contemporary Living & Urban Style» Residence 1202 offers a unique blend of sophistication and breathtaking views «Spectacular Views» Enjoy unparalleled south-facing views of Lady Bird Lake and the vibrant Austin skyline from your oversized windows and private balcony. The open-concept layout is accentuated by hardwood floors and custom cabinetry, providing a sleek and modern aesthetic throughout the home «Updated Kitchen» Features a triangular, efficient layout designed for optimal functionality....«Contemporary Living & Urban Style» Residence 1202 offers a unique blend of sophistication and breathtaking views «Spectacular Views» Enjoy unparalleled south-facing views of Lady Bird Lake and the vibrant Austin skyline from your oversized windows and private balcony. The open-concept layout is accentuated by hardwood floors and custom cabinetry, providing a sleek and modern aesthetic throughout the home «Updated Kitchen» Features a triangular, efficient layout designed for optimal functionality. It includes a convenient breakfast bar that seamlessly opens to the living and dining area. It boasts updated appliances, contemporary cabinetry, and a stylish backsplash «Luxurious Master Suite» The spacious master bedroom includes walk-in closets and an en-suite bathroom with premium finishes, ensuring a serene and comfortable retreat «Luxury Amenities» At Milago you'll find the services you expect at a downtown property of this caliber but also some features meant to highlight what makes Milago different. Those features, such as direct access to the Lady Bird Lake Hike-and-Bike Trail, a rooftop pool with outdoor cooking, and private club room, help you take advantage of Milago's unique location and differentiate it from other properties «Location» Despite its prime location, this residence offers a peaceful and private living experience, providing a perfect balance between urban excitement and tranquility. Enjoy access to various restaurants, shops, parks, and cultural attractions that make Austin one of the most livable cities in America. Whether it’s catching live music performances, exploring unique art galleries, or indulging in diverse culinary experiences - there’s something for everyone here. This is more than just a place to live – it's a lifestyle statement where every day feels like a luxurious vacation. Don't miss out on this opportunity to experience sophisticated city living at its finest!
  • Listed by: Bryan Cady 512.731.7489 bryan@denpg.com TREC #0526188 Brokerage DRE #8999937 • DEN Property Group
  • Listed by: Emily Lottman 847.533.6282 emily@denpg.com TREC #0664915 Brokerage DRE #8999937 • DEN Property Group
Listing closed: 12/30/2024 12:00 AM • Source: ACTRIS, MLS#: 1991591
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Recent comparable sales

Median sold price

$1,050,000

Avg days on market

47

Sale-to-list ratio

94.7%

Austin, TX

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Location

Listing Courtesy of DEN Property Group, Bryan Cady, TREC #0526188; DEN Property Group, Emily Lottman, TREC #0664915

Sold By Lux Haus Realty, Joanne Flynn, TREC #0421993

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Principal and Interest

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Property Taxes

$1,660

HOA Dues

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Property Information for 54 Rainey Street, Unit 1202

Property Details

  • Taxes: $19,923 / year
  • MLS Type: Residential / Single Family Residence
  • Subdivision Name: Milago Condo Amd
  • Waterfront: Yes
  • Waterfront Description: Lake Front
  • Water Access Description: Public
  • View: City, Lake, Panoramic, River
  • View YN: Yes
  • Parcel Number: 02030314080000
  • Tax Lot: 1202
  • Elementary School: Mathews
  • Elementary School District: Austin ISD
  • Middle Or Junior School: O Henry
  • Middle Or Junior School District: Austin ISD
  • Senior High School: Austin
  • High School District: Austin ISD
  • Levels: One
  • Master on Main: Yes
  • Main Level Bedrooms: 3
  • Num Living: 1
  • Living Area Source: PublicRecords
  • Year Built Source: PublicRecords
  • Property Condition: Resale
  • Pool Private: No
  • Pool Features: None, Community
  • Spa: No
  • Spa Features: None
  • Lot Size Dimensions: 0 x 0

Building Information

  • Stories: 1
  • Year Built: 2006
  • Lot Size: 0.01 AC / 392 SF

General Information

Parking
  • Garage Spaces: 2
  • Parking Total: 2
  • Parking Features: Assigned, Garage, Guest
  • Garage: Yes
  • Covered Spaces: 2
Interior
  • Interior Features: Breakfast Bar, In Law Floorplan, Main Level Master, See Remarks, Track Lighting, Walk In Closets
  • Flooring: Wood
Exterior
  • Exterior Features: Balcony
  • New Construction: No
  • Construction Materials: See Remarks
  • Foundation Details: Slab
  • Patio And Porch Features: None, Balcony
  • Water Body Name: Lady Bird Lake
  • Roof: See Remarks
  • Fencing: None
  • Direction Faces: West
  • Window Features: SeeRemarks
  • Accessibility Features: None
  • Community Features: Barbecue, Bicycle Storage, Concierge, Common Grounds/Area, Clubhouse, Fitness Center, Game Room, Kitchen Facilities, Lake, Pool, Rooftop Lounge, Storage Facilities, Trails Paths

Property Information

Lot Information
  • FEMA Flood Plain: No
  • Lot Features: See Remarks, Trees Medium Size
  • Horse: No
  • Horse Amenities: None
Utilities
  • Cooling YN: Yes
  • Cooling: Central Air
  • Heating YN: Yes
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Available

Room Information

Room 1
  • Room Type: LivingRoom
  • Room Level: Main
  • Room Features: CeilingFans, TrackLighting, NaturalWoodwork
  • Room Description: Enjoy breathtaking south-facing views of the lake, city skyline, and the scenic hike & bike trail from this exceptional living room. This unit stands out with its rare combination of stunning city and lake views, offering a picturesque backdrop that enhances the space's ambiance.
Room 2
  • Room Type: Kitchen
  • Room Level: Main
  • Room Features: BreakfastBar, KitchenFamilyRoomCombo
  • Room Description: This modern kitchen features a triangular, efficient layout designed for optimal functionality. It includes a convenient breakfast bar that seamlessly opens up to the living and dining areas, perfect for entertaining and daily living. The kitchen boasts updated appliances, contemporary cabinetry, and a stylish backsplash. The countertop offers a sleek, durable surface ideal for meal preparation.
Room 3
  • Room Type: PrimaryBathroom
  • Room Level: Main
  • Room Features: EnSuiteBathroom, SoakingTub, SeparateShower, WalkInShower
Room 4
  • Room Type: PrimaryBedroom
  • Room Level: Main
  • Room Features: CeilingFans, EnSuiteBathroom, WalkInClosets

Unit Information

Unit 1
  • Permission: IDX
Unit 2
  • Permission: IDX
Unit 3
  • Permission: IDX
Unit 4
  • Permission: IDX

Financial Information

Taxes and HOA Information
  • Association: Yes
  • Association Name: Milago HOA
  • Association Fee Includes: CommonAreaMaintenance, Insurance, MaintenanceGrounds, MaintenanceStructure
  • Association Amenities: Concierge
  • Tax Assessed Value: $1,101,177
  • Additional Parcels: No
  • Tax Year: 2023
  • Tax Rate: 1.81%

Showing Information

Showing Information
  • Security Features: Prewired, Security System Owned, Smoke Detector(s)
  • Directions: From 35 & Holly, Head West on Holly, Turn left on Rainey Street. Milago Building on your Right. Guest Parking is available on a first-come first serve basis. If parking in Guest Parking you must check in with Front Desk for a permit.

Property History for 54 Rainey Street, Unit 1202

DateEvent & SourcePriceAppreciationLink
Dec 30, 2024

Sold

ACTRIS #1991591

——
Nov 29, 2024

Pending

ACTRIS #1991591

——
Sep 30, 2024

Listed (Active)

ACTRIS #1991591

$995,000——
DateEvent & SourcePrice
12/30/2024

Sold

ACTRIS #1991591

—
11/29/2024

Pending

ACTRIS #1991591

—
09/30/2024

Listed (Active)

ACTRIS #1991591

$995,000

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

Public records

54 Rainey Street, Unit 1202

Beds

3

Baths

2

Total Finished SqFt

1,557 SqFt

Above Grade Finished SqFt

1,557 SqFt

Stories

1

Lot Size

391 SqFt

Schools near 54 Rainey Street, Unit 1202

This home is within Austin Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 6 to 8
Public - 9 to 12
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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Nearby home values

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 DEN Property Group, Bryan Cady, TREC #0526188; DEN Property Group, Emily Lottman, TREC #0664915

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.