Check Availability
$1,099,999
↓ $1 (0%)
Condo - For Sale

54 Rainey ST #1218

Austin, TX 78701
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1956 Sqft
$8,389
Estimated Monthly
$1,134
HOA / Fees
2.76%
Cap Rate

About This Property

READ ALL OF THESE REMARKS: You will not find a downtown Austin condo with a better combination of amenities, turn-key-updates, modern styling, unadulterated views, convenience, size, space, all in an exciting and peaceful location. I am also sure that you won't find a 3 bedroom condo at a better value! This recently remodeled CORNER UNIT in The Milago Condominiums is a very rare 3 bedroom orientation, with a whopping 1956 square feet!  The Milago is one of the best kept secrets in Austin condominium living. Bordering the Waller Beach Metropark, The Milago is the only high rise with direct, unobstructed access to the Hike & Bike trail. You don't even cross a street...you just simply walk out the back door of the building and BOOM...you're there...standing along the edge of Lady Bird Lake.  The Milago has all the amenities you'd come to expect from living in a downtown high rise:  Rooftop pool, business center, top shelf gym, security, relaxing common areas, etc. It also sits at the South (quiet!) end of Rainey Street Historic/Entertainment District, which allows you to enjoy a wide range of entertainment and dining options. The unit is in pristine shape, provides a modern "open concept floorplan", and is move in ready, with a recently remodeled kitchen and master bath, along with other updates throughout. Truly a "turn key" option, this property offers TWO primary suites (with ensuite full baths), and a 3rd bedroom directly off the main living area that can be utilized as a bedroom, office, yoga studio, media room, art studio. etc. You're only limited by your imagination. The TWO outdoor patios (one off of the main living area, another off the 1st Primary Suite) offer unobstructed views of the entire Austin skyline and Lady Bird Lake. Two parking spaces that literally straddle the elevator access in the garage, are also included. Since this unit 10 steps from the elevator, you can get from your 12th floor condo to your vehicle in less than 20 steps. Come see it ASAP!
Unit Size
1,956Ft²
Days on Market
32 days
Land Size
0.01 acres
Price per sqft
$562
Property Type
Condo
Property Taxes
$1,853
HOA Dues
$1,134
Year Built
-
Listed By
Robert Gordon
Bramlett Residential
Last updated: 17 days ago (Unlock MLS #ACT4111361)

Price History

Date / Event Date Event Price
Apr 5, 2024 Price Decreased $1,099,999
↓ $1 (0%)
Price Decreased
Mar 29, 2024 Listed by Bramlett Residential $1,100,000
Listed by Bramlett Residential

Property Highlights

Garage
Parking Available
Elevator
Doorman
Air Conditioning
Fireplace
With View
Parking Details
Covered Spaces: 2
Total Number of Parking: 2
Parking Features: Assigned, Attached, Common, Covered, Garage Door Opener, Gated, Guest, Lighted, Secured
Garage Spaces: 2
Interior Details

Bathroom Information

Half Bathrooms: 1
Full Bathrooms: 2

Interior Information

Interior Features: Two Primary Baths, Two Primary Suties, Breakfast Bar, Built-in Features, Ceiling Fan(s), Chandelier, Corian Counters, Granite Counters, Quartz Counters, Elevator, Multiple Living Areas, Open Floorplan, Pantry, Primary Bedroom on Main, Recessed Lighting, Soaking Tub, Storage, Track Lighting, Two Primary Closets, Walk-In Closet(s), Washer Hookup
Appliances: Built-In Electric Oven, Built-In Electric Range, Dishwasher, Disposal, Dryer, Electric Cooktop, ENERGY STAR Qualified Appliances, Exhaust Fan, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer
Flooring Type: Tile, Wood
Cooling: Ceiling Fan(s), Central Air, Electric
Heating: Central, Electric
Living Area: 1956

Room 1

Level: Main
Type: Primary Bedroom
Features: Ceiling Fan(s), Corian Counters, Granite Counters, Double Vanity, Full Bath, Recessed Lighting, Separate Shower, Soaking Tub, Storage, Track Lighting, Walk-In Closet(s), Walk-in Shower

Room 2

Level: Main
Type: Primary Bathroom
Features: Corian Counters, Granite Counters, Double Vanity, Full Bath, Recessed Lighting, Separate Shower, Soaking Tub, Storage, Walk-in Shower

Room 3

Level: Main
Type: Primary Bedroom
Features: Ceiling Fan(s), Recessed Lighting, Storage, Walk-In Closet(s)

Room 4

Level: Main
Type: Primary Bathroom
Features: Granite Counters, Stone Counters, Full Bath, Garden Tub, Jetted Tub, Recessed Lighting, Storage

Room 5

Level: Main
Type: Bedroom
Features: Ceiling Fan(s), Recessed Lighting, See Remarks, Track Lighting

Room 6

Level: Main
Type: Laundry
Features: Electric Dryer Hookup, Washer Hookup

Room 7

Level: Main
Type: Bathroom
Features: Half Bath, Shared Bath

Room 8

Level: Main
Type: Living Room
Features: Chandelier, Recessed Lighting, Smart Thermostat, Track Lighting

Room 9

Level: Main
Type: Dining Room
Features: Breakfast Bar, Chandelier, Corian Counters, Granite Counters, Dining Room, Recessed Lighting

Room 10

Level: Main
Type: Kitchen
Features: Breakfast Bar, Corian Counters, Granite Counters, Open to Family Room, Pantry, Recessed Lighting, Storage, Track Lighting

Room 11

Level: Main
Type: Foyer

Fireplace Information

Fireplace Features: None

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
2 Beds
2 Baths
1,907 ft²
$524/ft²
$999,800 Oct 27, 2023
- Nov 30, -0001
$3,557/mo
Condo
3 Beds
3 Baths
1,646 ft²
$608/ft²
$999,995 Aug 17, 2023
- Nov 30, -0001
$1,093/mo
Condo
2 Beds
2 Baths
1,260 ft²
$857/ft²
$1,080,000 Feb 6, 2023
- Nov 30, -0001
$2,435/mo
Condo
3 Beds
3 Baths
1,590 ft²
$613/ft²
$975,000 Mar 12, 2024
- Nov 30, -0001
$1,261/mo
Condo
3 Beds
3 Baths
1,903 ft²
$657/ft²
$1,250,000 Jan 3, 2024
- Nov 30, -0001
$844/mo
Condo
2 Beds
2 Baths
1,172 ft²
$892/ft²
$1,045,000 Feb 29, 2024
- Nov 30, -0001
$2,779/mo
Condo
3 Beds
2 Baths
1,557 ft²
$703/ft²
$1,095,000 Apr 24, 2024
-
$2,804/mo
Condo
3 Beds
3 Baths
1,699 ft²
$568/ft²
$965,000 Jun 1, 2023
-
$2,397/mo
Condo
3 Beds
3 Baths
2,299 ft²
$500/ft²
$1,150,000 Apr 13, 2024
-
$2,664/mo
Condo
2 Beds
2 Baths
1,128 ft²
$1,020/ft²
$1,150,000 Mar 29, 2024
-
$2,854/mo
Condo
2 Beds
2 Baths
1,260 ft²
$972/ft²
$1,225,000 Mar 22, 2024
-
$2,413/mo
Condo
3 Beds
3 Baths
1,868 ft²
$570/ft²
$1,065,000 Apr 1, 2024
-
$1,352/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20240116 Unit 1013
01/16/2024
2 Bed
2 Bath
1164 ft²
$635,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1164 ft²
$635,000
01/16/2024
-
Carolyn Skyles
Compass RE Texas, LLC
20231018 Unit 610
10/18/2023
610
1 Bed
1 Bath
756 ft²
$569,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
756 ft²
-
-
-
William Steakley
DEN Property Group
20220630
06/30/2022
2 Bed
2 Bath
1164 ft²
$814,999
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1164 ft²
-
-
-
Stewart Roach
Living Spree Realty
20220617 Unit 715
06/17/2022
715
1 Bed
1 Bath
756 ft²
$499,900
bedrooms
1 Bed
bathrooms
1 Bath
square feet
756 ft²
-
-
-
Michael Harrell
Keller Williams Realty
20210917 Unit 1009
09/17/2021
2 Bed
2 Bath
1164 ft²
$600,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1164 ft²
-
-
-
Schuyler Williamson
Keller Williams Realty
20210115 Unit 707
01/15/2021
707
2 Bed
2 Bath
1164 ft²
$549,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1164 ft²
-
-
-
Kathie Gabriel
Keller Williams - Austin SW
20200731 Unit 521
07/31/2020
521
2 Bed
2 Bath
1164 ft²
$625,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1164 ft²
-
-
-
Andy Allen
Keller Williams - Austin NW
20200724 Unit 101
07/24/2020
101
2 Bed
2 Bath
1294 ft²
$600,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1294 ft²
-
-
-
Gene Arant
Keller Williams - Lake Travis
20200319 Unit 1008
03/19/2020
1 Bed
1 Bath
893 ft²
$465,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
893 ft²
-
-
-
Holly Mace Massingill
Keller Williams Realty
20191120 Unit 604
11/20/2019
604
2 Bed
2 Bath
1189 ft²
$599,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1189 ft²
-
-
-
Joanne Flynn
Keller Williams - Austin SW
20191106 Unit 101
11/06/2019
101
1 Bed
2 Bath
1294 ft²
$559,000
bedrooms
1 Bed
bathrooms
2 Bath
square feet
1294 ft²
-
-
-
Joanne Flynn
Keller Williams - Austin SW
20191024 Unit 907
10/24/2019
907
2 Bed
2 Bath
1164 ft²
$489,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1164 ft²
-
-
-
John Doucette
Keller Williams Realty
20190803 Unit 1011
08/03/2019
1 Bed
1 Bath
756 ft²
$337,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
756 ft²
-
-
-
Joanne Flynn
Keller Williams - Austin SW
20190429 Unit 822
04/29/2019
822
2 Bed
2 Bath
1212 ft²
$675,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1212 ft²
$678,000 +0.44%
06/18/2019
-
Brett Woodroof
BHGRE Gary Greene
20180901 Unit PH09
09/01/2018
2 Bed
2 Bath
1164 ft²
$555,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1164 ft²
-
-
-
David Board
Keller Williams - Austin SW

Building Info

54 Rainey Street 54 Rainey Street, Austin, TX 78701
  • 3 Units for Sale
More about this Building
54 Rainey Street
Want to find out who owns 54 Rainey Street, Austin, TX 78701? Get detailed property transactions here .

About Downtown Austin


Similar Homes for Sale

Unit for sale at 48 Waller Street, Austin, TX 78702

$1,065,000

  • 3 Beds
  • 3 Baths
  • 1,868 ft²
48 Waller Street #B, Austin, TX 78702 Listing by Laurie Engle
Unit for sale at 44 East Avenue, Austin, TX 78701

$1,225,000

  • 2 Beds
  • 2 Baths
  • 1,260 ft²
44 East Avenue #2310, Austin, TX 78701 Listing by Leslie Kasen
Unit for sale at 70 Rainey Street, Austin, TX 78701

$1,150,000

  • 2 Beds
  • 2 Baths
  • 1,128 ft²
70 Rainey Street #1807, Austin, TX 78701 Listing by Kelley Hughes

Nearby Rentals

Unit for rent at 44 East Ave, Austin, TX, 78701

$2,500 /mo

  • Studio
  • 1 Bath
  • 538 ft²
44 East Ave #3804, Austin, TX, 78701 Listing by RH Advisors TX
Unit for rent at 300 Bowie St, Austin, TX, 78703

$2,500 /mo

  • 1 Bed
  • 1 Bath
  • 704 ft²
300 Bowie St #1604, Austin, TX, 78703 Listing by RH Advisors TX
Unit for rent at 800  Embassy Dr, Austin, TX, 78702

$2,500 /mo

  • 1 Bed
  • 1 Bath
  • 861 ft²
800 Embassy Dr #210, Austin, TX, 78702 Listing by John Doucette


Quantcast