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$451,000

NAL Estimated Property Value

54 Rainey ST 1117, Austin, TX, 78701

Off MarketInfo
LeaseInfo
Beds1 Beds
Baths1 Bath
Baths865 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$2.54 / sqft
Year BuiltBuilt in 2005

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1

Exterior

Lot Size218 sqft

Building Information

Year Built2005
Stories1

Land Information

APN0203031402
Lot Number1117
SubdivisionMilago Condominiums Amended
Land UseHigh-Rise Condo/Apartment
Legal DescriptionUNT 1117 MILAGO CONDOMINIUMS AMENDED PLUS .328 % INT IN COM AREA
Census Tract001103
Assessed Land Value$162,623
Assessed Improvement Value$248,007
Assessment Year2025

About this property

Welcome to the vibrant Milago community, where urban living meets tranquil lakeside views. Nestled in the heart of downtown, Milago offers a unique blend of convenience and serenity. This charming one-bedroom condo WITH A STUDY, boasts freshly painted interiors, presenting a modern and inviting atmosphere. The open layout seamlessly connects the kitchen, dining, and living areas, creating a spacious ambiance ideal for entertaining or relaxing after a busy day. The well-appointed kitchen features ample storage space and a convenient breakfast bar, perfect for casual dining or hosting friends and family. The versatile study provides flexibility, whether you need a home office, guest room, or additional storage. Milago residents enjoy an array of amenities, including bike storage areas, a fully equipped fitness room, and a club/party room for social gatherings. Step outside to discover the ground floor lounge, offering direct access to the outdoor trailside patio, where you can soak in the scenic views of the lake and park. Venture up to the third level to unwind on the outdoor terrace, complete with a grill and picturesque vistas overlooking the serene lake. For ultimate relaxation, head to the rooftop pool and spa area, featuring covered/shaded sitting areas and BBQ grills, perfect for soaking up the sun or enjoying an evening barbecue with friends. Conveniently located within walking distance to restaurants, entertainment venues, and the Royal Blue Grocery Store, Milago offers the epitome of urban convenience. The condo can be rented for $2,150 if you don't need the parking spot! Experience the best of downtown living at Milago – schedule your viewing today!

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$747/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,712
$410,630
2025
$162,623
$248,007
$410,630
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,712
$410,630

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$451,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
N/A
+$2,080/mo
5.5%

City: Austin

54 Rainey ST 1117 | Property Details | No Agent List