54 Rainey Street, Unit 518

Austin, TX 78701

$599,000
Price
2
Beds
2
Baths
1,164 Sq. Ft.
$515 / Sq. Ft.
1,164
Sq. Ft.
$515
per Sq. Ft.

Description

A corner unit looking out at the trees of Lady Bird Lake with downtown views. Own at The Milago; Rainey Street District's most private condo building closest to Lady Bird Lake + the 10-mile gem of our city, Butler Trail. The building has unobstructed views + trail access unlike any other downtown. The Milago sits along the residential portion of Rainey. Enjoy the serenity of nature along the trail while being a stroll away from all the famous hotels, restaurants, + bars the Historical Rainey Street...A corner unit looking out at the trees of Lady Bird Lake with downtown views. Own at The Milago; Rainey Street District's most private condo building closest to Lady Bird Lake + the 10-mile gem of our city, Butler Trail. The building has unobstructed views + trail access unlike any other downtown. The Milago sits along the residential portion of Rainey. Enjoy the serenity of nature along the trail while being a stroll away from all the famous hotels, restaurants, + bars the Historical Rainey Street District has to offer. This rare corner unit layout w/ abundant natural light includes a storage unit, 2 parking spaces, balcony, 75” mounted TV, electronic-smart Shade Store blinds at every window, + custom back out curtains. A must see!
  1. Listed by David Brodsky • TREC #0570215 • Brodsky Properties • (512) 657-6694
  2. Listed by Britt Heffernan • TREC #0682471 • Brodsky Properties

Property Details for 54 Rainey Street, Unit 518

Subdivision Name
Milago Condo Amd
Waterfront
Yes
Waterfront Description
Lake Front
Water Access Description
Lake Front
View
City
View YN
Yes
Parcel Number
02030312660000
Elementary School
Mathews
LISTING UPDATED: 10/29/2024 09:56 AM

Property Details for 54 Rainey Street, Unit 518

StatusActive
MLS #4169186
Days on Market133
Taxes$11,070 / year
HOA Fees$804 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built2006
CountyTravis County

Building Information for 54 Rainey Street, Unit 518

Building/Complex54 Rainey StFloor-Stories1Residences-Pet Policy-Year Built2006

Property Information for 54 Rainey Street, Unit 518

General Information
Parking
  • Garage Spaces: 2
  • Parking Total: 2
  • Parking Features: Assigned, Garage, Guest
  • Garage: Yes
  • Covered Spaces: 2
Interior
  • Interior Features: Breakfast Bar, Ceiling Fan(s), Granite Counters, Main Level Master, Open Floorplan, Recessed Lighting, Track Lighting, Walk-In Closet(s)
  • Flooring: Tile, Wood
Exterior
  • Exterior Features: Balcony, See Remarks
  • New Construction: No
  • Construction Materials: Masonry, Stone Veneer
  • Foundation Details: Slab
  • Patio And Porch Features: None, Balcony
  • Water Body Name: Lady Bird Lake
  • Roof: See Remarks
  • Fencing: None
  • Direction Faces: Northeast
  • Window Features: Screens
  • Accessibility Features: Common Area
  • Community Features: Concierge, Common Grounds/Area, Clubhouse, Community Mailbox, Conference/Meeting Room, Fitness Center, Gated, Kitchen Facilities, Lake, Pet Amenities, Park, Property Manager On-Site, Pool, Planned Social Activities, Storage Facilities, Trails/Paths
Property Information
Lot Information
  • FEMA Flood Plain: No
  • Lot Features: Trees Large Size, Trees Medium Size, Trees Small Size
  • Horse: No
  • Horse Amenities: None
Utilities
  • Cooling YN: Yes
  • Cooling: Central Air
  • Heating YN: Yes
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Water Source: Public
Room Information
Room 1
  • Room Type: Kitchen
  • Room Level: Main
  • Room Features: None
Room 2
  • Room Type: Bathroom
  • Room Level: Main
  • Room Features: None
Room 3
  • Room Type: Bedroom
  • Room Level: Main
  • Room Features: None
Room 4
  • Room Type: Primary Bathroom
  • Room Level: Main
  • Room Features: None
Room 5
  • Room Type: Primary Bedroom
  • Room Level: Main
  • Room Features: None
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
  • Association Fee Includes: Common Area Maintenance, Maintenance Grounds
  • Association Amenities: Concierge
  • Tax Assessed Value: $611,874
  • Additional Parcels: No
  • Tax Year: 2024
  • Tax Rate: 1.81%
Showing Information
Showing Information
  • Security Features: Building Security
  • Directions: From IH-35 Exit Cesar Chavez, West on Cesar Chavez, L (South) on Red River, L (East) on David, R (South) on Rainey St, Milago on R at Lady Bird Lake & Rainey.

Property History for 54 Rainey Street, Unit 518

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 518

Taxable ValueLand$219,150Additions$331,537Total$550,687
Tax Record2023$11,739 ($978 / month)
Home Facts
Beds2Total Finished SqFt1,164 SqFtAbove Grade Finished SqFt1,164 SqFtStories1Lot Size292 SqFtStyleCondominiumYear Built2005CountyTRAVISAPN0203031266

Schools near 54 Rainey Street, Unit 518

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 - 3
Rating
School
Distance
Mathews Elementary School
PublicPK to 6

O Henry Middle School
Public6 to 8

Austin High School
Public9 to 12

Daep- El
Public3

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 518 is a condo for sale in Austin, TX 78701. This property was listed for sale on July 26, 2024 by Brodsky Properties, it's currently listed at $599,000. It has been on the market for a total of 133 days and was last sold on May 1, 2019. This listing's school district is Austin Independent School District. Nearby schools include Mathews Elementary School, O Henry Middle School and Austin High School. 54 Rainey Street, Unit 518 is a 2-bed, 2-bath, 1,164 sqft condo built in 2006.

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. Offers of compensation are subject to change at the discretion of the seller. 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.

Listing Courtesy of Brodsky Properties, David Brodsky, TREC #0570215; Brodsky Properties, Britt Heffernan, TREC #0682471

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.