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$1,024,000

NAL Estimated Property Value

54 Rainey ST 1108, Austin, TX, 78701

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,650 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$533.33 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

High EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
AppliancesDishwasher, Disposal, Microwave, Self Cleaning Oven
FlooringWood

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size414 sqft

Building Information

Year Built2005
Stories1

Land Information

APN02030313930000
Lot Number1108
SubdivisionMilago Condominiums Amended
Land UseResidential
Legal DescriptionUNT 1108 MILAGO CONDOMINIUMS AMENDED PLUS .626 % INT IN COM AREA
Census Tract001103
Assessed Land Value$310,380
Assessed Improvement Value$533,993
Assessment Year2025

About this property

Premium unobstructed views of Lady Bird Lake from the 11th floor of The Milago. Enjoy downtown living in this well-maintained condo featuring stainless steel appliances, granite counters, hardwood floors, large balcony. Fabulous location just minutes to the hike and bike trail. Rooftop pool & grills, lounge, fitness center, two reserved parking spaces and 24-hour concierge. Convenient access to the lake, Rainey Street restaurants, and bars.

Investor Tools

Property Icon
$1,024,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,024,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,144 /month
Positive
Cash Flow Estimate:
$2,048 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,721/month
$710/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,530
$844,373
2025
$310,380
$533,993
$844,373
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,530
$844,373

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,024,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$710/mo
+$1,730/mo
2.9%

City: Austin

54 Rainey ST 1108 | Property Details | No Agent List