54 Rainey Street, Unit 101

Austin, TX 78701

$649,999
Price
2
Beds
2
Baths
1,294 Sq. Ft.
$502 / Sq. Ft.
1,294
Sq. Ft.
$502
per Sq. Ft.

Description

Experience ultimate lakefront living in this corner unit condo at The Milago on Rainey Street. This condo boasts 2 bedrooms, 2 baths and your very own private patio where you are just steps away from Lady Bird Lake’s Hike and Bike Trail. Encompassing 1,294 square feet of living space, this corner unit offers a prime location for those seeking an active lifestyle and the convenience of downtown living. Surrounded by large, remotely operated windows enhancing a bright and airy ambiance from the natural...Experience ultimate lakefront living in this corner unit condo at The Milago on Rainey Street. This condo boasts 2 bedrooms, 2 baths and your very own private patio where you are just steps away from Lady Bird Lake’s Hike and Bike Trail. Encompassing 1,294 square feet of living space, this corner unit offers a prime location for those seeking an active lifestyle and the convenience of downtown living. Surrounded by large, remotely operated windows enhancing a bright and airy ambiance from the natural light. The primary bedroom features an ensuite full bath with dual vanity, separate walk-in shower, and garden tub, offering a perfect retreat for relaxation and rejuvenation. Head out your back patio and step onto the trail for a run, a walk, or a bike ride, immersing yourself in over 10 miles of hike and bike trails with easy access to the Austin Rowing Club for kayak and paddleboard rentals. The downtown area and metro rail are within walking distance making commuting a breeze. Enjoy the vibrant downtown scene and eclectic dining options on Rainey Street, all just a leisurely stroll away. The condo's community amenities include a Rooftop pool and hot tub with cabanas and outdoor cooking area, well-equipped gym, conference room and 24/7 concierge.


Don't miss out on this rare opportunity to own a piece of lakefront paradise in the heart of Austin!

Listing Agent

  1. Joelle Kircher

    Joelle Kircher

    Listing Agent

    Compass

    TREC #0714679

Property Details for 54 Rainey Street, Unit 101

Subdivision Name
Milago Condo Amd
Waterfront
Yes
Waterfront Description
Lake Front, River Front
Water Access Description
Lake Front, River Front
View
Park/Greenbelt, Lake, River, Creek/Stream, Trees/Woods, Water
View YN
Yes
Parcel Number
0203031202
Tax Lot
101

Location

Add your commute
LISTING UPDATED: 03/26/2024 04:01 AM

Property Details for 54 Rainey Street, Unit 101

StatusActive
MLS #3041559
Days on Market63
Taxes$12,329 / year
HOA Fees$892 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built2005
CountyTravis County

Location

Add your commute

Building Information for 54 Rainey Street, Unit 101

Building/Complex54 Rainey StFloor1Stories1Residences-Pet Policy-Year Built2005

Payment Calculator

$5,467 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,547

Property Taxes

$1,027

HOA Dues

$892

The Payment Calculator is for illustrative purposes only.

Property Information for 54 Rainey Street, Unit 101

General Information
Parking
  • Garage Spaces: 1
  • Parking Total: 1
  • Parking Features: Assigned, Garage, Covered, Guest
  • Garage: Yes
  • Covered Spaces: 1
Interior
  • Interior Features: Breakfast Bar, Ceiling Fan(s), Main Level Master, No Interior Steps, Soaking Tub, Walk-In Closet(s)
  • Flooring: Tile, Wood
  • Appliances: Cooktop, Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Refrigerator, Washer
  • Fireplace: No
  • Fireplaces Total: 0
  • Laundry Features: In Unit
  • Restrictions: See Remarks
Exterior
  • Exterior Features: No Exterior Steps, Private Yard
  • New Construction: No
  • Construction Materials: Masonry
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Water Body Name: Lady Bird Lake
  • Roof: See Remarks
  • Fencing: None
  • Direction Faces: Southwest
  • Window Features: See Remarks
  • Accessibility Features: None
  • Community Features: Barbecue, Business Center, Bar/Lounge, Bicycle Storage, Common Grounds/Area, Clubhouse, Conference/Meeting Room, Fitness Center, Park, Rooftop Lounge
Property Information
Lot Information
  • Lot Features: Backs to Greenbelt/Park, Views
  • Horse: No
  • Horse Amenities: None
Utilities
  • Cooling YN: Yes
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating YN: Yes
  • Heating: Central, Electric, Separate Meters
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Sewer Available, Water Available
  • Water Source: Public
Room Information
Room 1
  • Room Type: Primary Bathroom
  • Room Level: Main
  • Room Features: Double Vanity, En Suite Bathroom, Garden Tub/Roman Tub, Walk-In Shower
Room 2
  • Room Type: Kitchen
  • Room Level: Main
  • Room Features: Breakfast Bar, Galley Kitchen, Quartz Counters, Track Lighting
Room 3
  • Room Type: Primary Bedroom
  • Room Level: Main
  • Room Features: Ceiling Fan(s), Separate Shower, Walk-In Closet(s)
  • Room Description: Also features a door to a ground level private patio with park and lake views.
Unit Information
Unit 1
  • Permission: IDX
Unit 2
  • Permission: IDX
Unit 3
  • Permission: IDX
Financial Information
Taxes and HOA Information
  • Association: Yes
  • Association Name: Milago Condominiums HOA
  • Association Fee Includes: Common Area Maintenance, Maintenance Grounds, Security
  • Tax Assessed Value: $681,450
  • Additional Parcels: No
  • Tax Year: 2023
  • Tax Rate: 1.81%
Showing Information
Showing Information
  • Security Features: Building Security, Secured Garage/Parking, 24 Hour Security, Key Card Entry, Smoke Detector(s)
  • Directions: Head South on Rainey St. 54 Rainey Street. The Milago is last building on the right. Guest parking in garage or park on Rainey Street.

Property History for 54 Rainey Street, Unit 101

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass 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$496,264Total$739,707
Tax Record2022$9,336 ($778 / month)
Home Facts
Beds1Total Finished SqFt1,294 SqFtAbove Grade Finished SqFt1,294 SqFtStories1Lot Size327 SqFtStyleCondominiumYear Built2005CountyTRAVISAPN0203031202

Schools near 54 Rainey Street, Unit 101

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

Phoenix Academy
Public8 to 12

Austin High School
Public9 to 12

Metz Elementary School
PublicPK to 5

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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54 Rainey Street, Unit 101 is a condo for sale in Austin, TX 78701. This property was listed for sale on March 26, 2024 by Compass, it's currently listed at $649,999. It has been on the market for a total of 63 days and was last sold on April 1, 2021. This listing's school district is Austin Independent School District. Nearby schools include Mathews Elementary School, Phoenix Academy and Austin High School. 54 Rainey Street, Unit 101 is a 2-bed, 2-bath, 1,294 sqft condo built in 2005.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

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© 2024 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”. © [2024] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.