$630,000
NAL Estimated Property Value54 Rainey ST 1013, Austin, TX, 78701
Off Market
Property Lead Type:
High Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Microwave, Oven, Free-Standing Range
FlooringCarpet, Wood
Exterior
Exterior FeaturesBalcony
Lot Size292 sqft
Building Information
Year Built2005
Stories1
Garage Spaces2
Land Information
APN02030313770000
Lot Number1013
SubdivisionMilago Condominiums Amended
Land UseResidential
Legal DescriptionUNT 1013 MILAGO CONDOMINIUMS AMENDED PLUS .442 % INT IN COM AREA
Census Tract001103
Assessed Land Value$219,150
Assessed Improvement Value$358,167
Assessment Year2025
About this property
E facing 2/2 condo in the Milago on Rainey St, one of the most popular buildings DT. $50K worth of upgrades include wood floors, carpet, cabinets, paint throughout entire unit, blinds & closet storage organizers. Bldg amenities include a Terrace w/Grill, Rooftop Pool/Spa w/ Grills, 1st-flr Lounge w/walk out Patio, Party Room, Gym and 24/7 Concierge. Walk/run/bike trails nearby.FEMA - Unknown Restrictions: Unknown
Investor Tools
$630,000
Estimated Property Value
$606,376Estimated Mortgage Balance
$23,624Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,780 /month
Positive
Cash Flow Estimate:
$1,260 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$560/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,574
$577,317
2025
$219,150
$358,167
$577,317
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,574
$577,317
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$630,000
No
First
Apr 19, 2024
May 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$606,376
$23,624
3%
96%
$3,778/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$3,778/mo
$-1,338/mo
4.6%
