54 Rainey Street, Unit 802

Austin, TX 78701

$1,095,000
Price
3
Beds
2
Baths
1,557 Sq. Ft.
$703 / Sq. Ft.
1,557
Sq. Ft.
$703
per Sq. Ft.

Description

Rarely available, this exquisite 3-bedroom, 2-bathroom condo with a private balcony is nestled within The Milago Condominiums on the Vibrant Rainey Street. Offering unparalleled vistas of Lady Bird Lake and the ever-dynamic Austin skyline, each room is a vantage point of urban beauty. Situated directly above Waller Beach Metropark with convenient access to Rainey Street from the lobby, this residence boasts the prime spot in the bustling Rainey Street district, providing an incomparable living experience...Rarely available, this exquisite 3-bedroom, 2-bathroom condo with a private balcony is nestled within The Milago Condominiums on the Vibrant Rainey Street. Offering unparalleled vistas of Lady Bird Lake and the ever-dynamic Austin skyline, each room is a vantage point of urban beauty. Situated directly above Waller Beach Metropark with convenient access to Rainey Street from the lobby, this residence boasts the prime spot in the bustling Rainey Street district, providing an incomparable living experience at an exceptional value. Spanning over 1,550 square feet, this luxurious condo showcases panoramic views and upscale amenities synonymous with Austin living. Meticulously renovated and maintained, this home features an array of upgrades including new HVACS w/ Nests thermostats, a water heater, soundproof windows, California Closets, a steam room, new appliances, and pristine flooring. The Milago offers an array of amenities including a 24/7 concierge, rooftop pool and hot tub, secured parking, and a fitness center. Additional perks include a media room on the second floor and a Wi-Fi lounge on the first floor. This unit also includes a storage space in the parking garage, along with two garage spaces conveniently located near the lobby.
  1. Listed by Sean Smith • TREC #0749217 • Engel & Volkers Austin • (817) 909-1831

Property Details for 54 Rainey Street, Unit 802

Subdivision Name
Milago Condo Amd
Waterfront
Yes
Waterfront Description
Lake Front, Waterfront
Water Access Description
Lake Front, Waterfront
View
City, Park/Greenbelt, Lake, Panoramic, Water
View YN
Yes
Parcel Number
02030313200000
Tax Lot
802

Open Houses

Sunday, May 5th

2:00 AM - 4:00 PM

PublicView Details

Location

Listing Courtesy of Engel & Volkers Austin, Sean Smith, TREC #0749217
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LISTING UPDATED: 04/24/2024 10:44 AM

Property Details for 54 Rainey Street, Unit 802

StatusActive
MLS #8883901
Days on Market11
Taxes$20,760 / year
HOA Fees$1,074 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built2005
CountyTravis County

Location

Listing Courtesy of Engel & Volkers Austin, Sean Smith, TREC #0749217
Add your commute

Building Information for 54 Rainey Street, Unit 802

Building/Complex54 Rainey StFloor-Stories1Residences-Pet Policy-Year Built2005

Payment Calculator

$8,780 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,976

Property Taxes

$1,730

HOA Dues

$1,074

The Payment Calculator is for illustrative purposes only.

Property Information for 54 Rainey Street, Unit 802

General Information
Parking
  • Garage Spaces: 2
  • Parking Total: 2
  • Parking Features: Concrete, Direct Access, Deeded, Gated, Permit Required, Community Structure, Secured, Storage, Covered, Electric Vehicle Charging Station(s), Guest
  • Garage: Yes
  • Covered Spaces: 2
Interior
  • Interior Features: Breakfast Bar, Bidet, Granite Counters, Main Level Master, No Interior Steps, Open Floorplan, Smart Thermostat, Track Lighting, Walk-In Closet(s), Programmable Thermostat
  • Flooring: Carpet, Tile, Wood
Exterior
  • Exterior Features: Balcony, Barbecue, Dog Run, Gas Grill, Outdoor Grill, Uncovered Courtyard
  • New Construction: No
  • Construction Materials: Glass, Concrete
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Covered, Patio, Balcony
  • Water Body Name: Lady Bird Lake
  • Roof: Concrete
  • Fencing: None
  • Direction Faces: Northwest
  • Window Features: Double Pane Windows, Screens, Window Treatments
  • Accessibility Features: Accessible Elevator Installed, Accessible Hallway(s)
  • Community Features: Barbecue, Business Center, Bar/Lounge, Bicycle Storage, Concierge, Common Grounds/Area, Clubhouse, Community Mailbox, Conference/Meeting Room, Dog Park, Fitness Center, Gated, Lake, Pet Amenities, Package Service, Pool, Storage Facilities, Trails/Paths
Property Information
Lot Information
  • Lot Features: Backs to Greenbelt/Park, Level, Views
  • Horse: No
  • Horse Amenities: None
Location Information
  • Building Features: Freight Elevator
Utilities
  • Cooling YN: Yes
  • Cooling: Central Air
  • Heating YN: Yes
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Fiber Optic Available, Sewer Connected, Water Connected
  • Water Source: Public
Green Features
  • Green Energy Efficient: HVAC, Thermostat, Water Heater
  • Green Sustainability: Onsite Recycling Center
Room Information
Room 1
  • Room Type: Kitchen
  • Room Level: Main
  • Room Features: Granite Counters, Storage
Room 2
  • Room Type: Bathroom
  • Room Level: Main
  • Room Features: Bidet
Room 3
  • Room Type: Bedroom
  • Room Level: Main
  • Room Features: Walk-In Closet(s)
Room 4
  • Room Type: Primary Bathroom
  • Room Level: Main
  • Room Features: Bidet, Storage, Steam Shower
Room 5
  • Room Type: Primary Bedroom
  • Room Level: Main
  • Room Features: Chandelier, Walk-In Closet(s)
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: See Remarks
  • Association Amenities: Concierge
  • Tax Assessed Value: $1,147,465
  • Additional Parcels: No
  • Tax Year: 2023
  • Tax Rate: 1.09%
Showing Information
Showing Information
  • Security Features: Building Security, Fire Alarm, Secured Garage/Parking, Key Card Entry, Controlled Access
  • Directions: East on Cesar Chavez, Right on Red River, 1st left and then Right on Rainey St. Milago is located at the very end of the street on the right. Sign in with front desk for free guest parking.

Property History for 54 Rainey Street, Unit 802

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 802

Taxable ValueLand$293,025Additions$854,440Total$1,147,465
Tax Record2022$21,416 ($1,785 / month)
Home Facts
Beds3Total Finished SqFt1,557 SqFtAbove Grade Finished SqFt1,557 SqFtStories1Lot Size392 SqFtStyleCondominiumYear Built2005CountyTRAVISAPN0203031320

Schools near 54 Rainey Street, Unit 802

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 802 is a condo for sale in Austin, TX 78701. This property was listed for sale on April 24, 2024 by Engel & Volkers Austin, it's currently listed at $1,095,000. It has been on the market for a total of 11 days and was last sold on June 7, 2013. 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 802 is a 3-bed, 2-bath, 1,557 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.

Listing Courtesy of Engel & Volkers Austin, Sean Smith, TREC #0749217

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.