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Map
$839,000
●
Condo -
For Sale
54 Rainey ST #322
Austin, TX 78701
2 Beds
2 Baths
1212 Sqft
$6,191
Estimated Monthly
$836
HOA / Fees
1.64%
Cap Rate
About This Property
First time to market! Rare northwest corner two bedroom
residence for sale on the prized terrace level of the Milago
Condominiums building. A sought after combination of serene,
private setting and beautiful light-filled living spaces.
Original owners have taken meticulous care of the home from
recent wood flooring and paint (2021) to recent Bosch and GE
microwave dishwasher and refrigerator (2020), LG electric range and
LG washer and dryer (2023) and on down the line. Turn key,
elevated, and thoughtful updates to closets, lighting, windows
treatments, plumbing, electric, HVAC, AV, and more. With none
of the maintenance issues to worry about, the new owner can focus
on the tranquil setting, park and lake, and enjoyment of the
private terrace that leads out to the main terrace. Perfect
for children, dogs, gatherings, and just stretching out with a good
book enjoying the weather in the privacy of your terrace.
The Milago Condominiums building is adjacent to Lady Bird Lake and the acclaimed Anna and Roy Butler Hike-and-Bike Trail. Building amenities are robust and include a full time, on-site manager, 24/7 concierge, furnished lobby, first floor terrace and WiFi lounge, bicycle storage, third floor terrace with seating and BBQ area, fitness center, club room, and rooftop pool and hot tub with additional grilling area.
Emma S. Barrientos Mexican American Cultural Center expansion and the Waller Beach at Town Lake Metropolitan Park are set to finalize in Q1/Q2 2025 and will add tremendous value and beauty to the view and the property.
The Milago Condominiums building is adjacent to Lady Bird Lake and the acclaimed Anna and Roy Butler Hike-and-Bike Trail. Building amenities are robust and include a full time, on-site manager, 24/7 concierge, furnished lobby, first floor terrace and WiFi lounge, bicycle storage, third floor terrace with seating and BBQ area, fitness center, club room, and rooftop pool and hot tub with additional grilling area.
Emma S. Barrientos Mexican American Cultural Center expansion and the Waller Beach at Town Lake Metropolitan Park are set to finalize in Q1/Q2 2025 and will add tremendous value and beauty to the view and the property.
Unit Size
1,212Ft²
Days on Market
201 days
Land Size
0.01 acres
Price per sqft
$692
Property Type
Condo
Property Taxes
$1,234
HOA Dues
$836
Year Built
-
Listed By
Last updated: 3 months ago (Unlock MLS #ACT2827536)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Oct 11, 2023 | Listed by Gottesman Residential R.E. | $839,000 | |
Listed by Gottesman Residential R.E. |
Property Highlights
Garage
Parking Available
Elevator
Doorman
Air Conditioning
With View
Parking Details
Covered Spaces: 2
Total Number of Parking: 2
Parking Features: Assigned, Covered, Electric Gate
Garage Spaces: 2
Interior Details
Bathroom Information
Full Bathrooms: 2
Interior Information
Interior Features: Bookcases, Breakfast Bar, Built-in Features, Granite Counters, Entrance Foyer, High Speed Internet, No Interior Steps, Open Floorplan, Primary Bedroom on Main, Walk-In Closet(s)
Appliances: Dishwasher, Disposal, Microwave, Oven, Free-Standing Electric Range, Refrigerator, Washer/Dryer
Flooring Type: Wood
Cooling: Central Air
Heating: Central
Living Area: 1212
Room 1
Level: Main
Type: Primary Bedroom
Features: Full Bath, Walk-In Closet(s)
Room 2
Level: Main
Type: Bedroom
Features: None
Room 3
Level: Main
Type: Kitchen
Features: Breakfast Bar, Granite Counters
Room 4
Level: Main
Type: Primary Bathroom
Features: Granite Counters, Full Bath
Exterior Details
Property Information
Property Type: Residential
Property Sub Type: Condominium
Green Energy Efficient
Property Condition: Resale
Year Built: 2005
Year Built Source: Public Records
Unit Style: High Rise (8-13 Stories), End Unit, Neighbor Above
View Desription: Park/Greenbelt
Fencing: Privacy
Spa Features: Heated, Hot Tub, In Ground
Building Information
Levels: One
Construction Materials: Brick, Stucco
Foundation: Combination
Roof: Concrete
Exterior Information
Exterior Features: Balcony
Pool Information
Pool Features: None
Lot Information
Lot Features: Back to Park/Greenbelt
Lot Size Acres: 0.007
Lot Size Square Feet: 304.92
Land Information
Water Source: Public
Financial Details
Tax Year: 2023
Tax Annual Amount: $14,812
Utilities Details
Water Source: Public
Sewer : Public Sewer
Utilities For Property: Cable Available, Electricity Available, High Speed Internet, Phone Available, Sewer Available, Water Available
Location Details
Directions: East on Cesar Chavez, right on Red River Street, make first left, right on Rainey Street, building is on the right.
Community Features: BBQ Pit/Grill, Cluster Mailbox, Common Grounds, Concierge, Conference/Meeting Room, Covered Parking, Fitness Center, Garage Parking, Gated, Google Fiber, High Speed Internet, Lake, Lounge, Package Service, Pool, Property Manager On-Site, Recycling Area/Center, Storage, Street Lights, Walk/Bike/Hike/Jog Trail(s
Other Details
Association Fee Includes: Common Area Maintenance, Trash
Association Fee: $836
Association Fee Freq: Monthly
Association Name: Somerset
Selling Agency Compensation: 3.000
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Condo
2
Beds
2
Baths
1,212 ft²
$678,000
Apr 29, 2019
$611,000 - $745,000
Jun 18, 2019
$1,701/mo
Sold
Condo
3
Beds
3
Baths
1,646 ft²
$608/ft²
$999,995
Aug 17, 2023
-
Nov 30, -0001
$1,093/mo
Sold
House
2
Beds
1
Bath
672 ft²
$1,064/ft²
$714,900
Mar 28, 2024
-
Nov 30, -0001
$883/mo
House
4
Beds
3
Baths
2,534 ft²
$394/ft²
$999,000
Mar 21, 2024
-
Nov 30, -0001
$1,875/mo
In Contract
Condo
2
Beds
2
Baths
1,289 ft²
$543/ft²
$700,000
Mar 10, 2024
-
$889/mo
Active
Condo
2
Beds
2
Baths
1,294 ft²
$525/ft²
$679,900
Mar 26, 2024
-
$1,919/mo
Active
Condo
2
Beds
2
Baths
1,289 ft²
$659/ft²
$849,000
Oct 26, 2023
-
$2,247/mo
Active
Condo
2
Beds
2
Baths
1,036 ft²
$960/ft²
$995,000
Apr 24, 2024
-
$2,415/mo
Active
Condo
2
Beds
2
Baths
1,289 ft²
$698/ft²
$899,900
Feb 29, 2024
-
$2,109/mo
Active
Condo
2
Beds
2
Baths
1,293 ft²
$735/ft²
$949,995
Feb 8, 2024
-
$3,018/mo
Active
Condo
2
Beds
2
Baths
1,277 ft²
$782/ft²
$999,000
Feb 27, 2024
-
$2,997/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
01/16/2024
|
2 Bed
|
2 Bath
|
1164 ft²
|
$635,000
2 Bed
2 Bath
1164 ft²
|
$635,000
01/16/2024
|
-
|
Carolyn Skyles
Compass RE Texas, LLC
|
|
10/18/2023
|
1 Bed
|
1 Bath
|
756 ft²
|
$569,000
1 Bed
1 Bath
756 ft²
|
-
-
|
-
|
William Steakley
DEN Property Group
|
|
06/30/2022
|
|
2 Bed
|
2 Bath
|
1164 ft²
|
$814,999
2 Bed
2 Bath
1164 ft²
|
-
-
|
-
|
Stewart Roach
Living Spree Realty
|
06/17/2022
|
1 Bed
|
1 Bath
|
756 ft²
|
$499,900
1 Bed
1 Bath
756 ft²
|
-
-
|
-
|
Michael Harrell
Keller Williams Realty
|
|
09/17/2021
|
2 Bed
|
2 Bath
|
1164 ft²
|
$600,000
2 Bed
2 Bath
1164 ft²
|
-
-
|
-
|
Schuyler Williamson
Keller Williams Realty
|
|
01/15/2021
|
2 Bed
|
2 Bath
|
1164 ft²
|
$549,000
2 Bed
2 Bath
1164 ft²
|
-
-
|
-
|
Kathie Gabriel
Keller Williams - Austin SW
|
|
07/31/2020
|
2 Bed
|
2 Bath
|
1164 ft²
|
$625,000
2 Bed
2 Bath
1164 ft²
|
-
-
|
-
|
Andy Allen
Keller Williams - Austin NW
|
|
07/24/2020
|
2 Bed
|
2 Bath
|
1294 ft²
|
$600,000
2 Bed
2 Bath
1294 ft²
|
-
-
|
-
|
Gene Arant
Keller Williams - Lake Travis
|
|
03/19/2020
|
1 Bed
|
1 Bath
|
893 ft²
|
$465,000
1 Bed
1 Bath
893 ft²
|
-
-
|
-
|
Holly Mace Massingill
Keller Williams Realty
|
|
11/20/2019
|
2 Bed
|
2 Bath
|
1189 ft²
|
$599,000
2 Bed
2 Bath
1189 ft²
|
-
-
|
-
|
Joanne Flynn
Keller Williams - Austin SW
|
|
11/06/2019
|
1 Bed
|
2 Bath
|
1294 ft²
|
$559,000
1 Bed
2 Bath
1294 ft²
|
-
-
|
-
|
Joanne Flynn
Keller Williams - Austin SW
|
|
10/24/2019
|
2 Bed
|
2 Bath
|
1164 ft²
|
$489,000
2 Bed
2 Bath
1164 ft²
|
-
-
|
-
|
John Doucette
Keller Williams Realty
|
|
08/03/2019
|
1 Bed
|
1 Bath
|
756 ft²
|
$337,000
1 Bed
1 Bath
756 ft²
|
-
-
|
-
|
Joanne Flynn
Keller Williams - Austin SW
|
|
04/29/2019
|
2 Bed
|
2 Bath
|
1212 ft²
|
$675,000
2 Bed
2 Bath
1212 ft²
|
$678,000
+0.44%
06/18/2019
|
-
|
Brett Woodroof
BHGRE Gary Greene
|
|
09/01/2018
|
2 Bed
|
2 Bath
|
1164 ft²
|
$555,000
2 Bed
2 Bath
1164 ft²
|
-
-
|
-
|
David Board
Keller Williams - Austin SW
|