Last 24 Hours
$444,000
NAL Estimated Property Value54 Rainey ST 517, Austin, TX, 78701
Off Market
Lease
1 Beds
1 Bath
865 Sq Ft
$1.91 / sqft
Built in 2005Highlights
Interior
Bedrooms 1
Bathrooms Full 1AppliancesDishwasher, Disposal, Microwave, Free-Standing Range, Refrigerator
FlooringTile, Wood
Exterior
Private PoolLot Size218 sqft
Building Information
Year Built2005
Stories1
Garage Spaces1
Land Information
APN02030312650000
Lot Number517
SubdivisionMilago Condominiums Amended
Land UseResidential
Legal DescriptionUNT 517 MILAGO CONDOMINIUMS AMENDED PLUS .328 % INT IN COM AREA
Census Tract001103
Assessed Land Value$162,623
Assessed Improvement Value$242,271
Assessment Year2025
About this property
1 Bedroom, 1 Bath + STUDY, makes this Milago unit extra versatile, with options to use the second room as an office, a study, or even extra sleeping quarters for guests. Royal Blue Grocery across the street, Excellent dining options nearby, easy trail and lake access, 24 Hr. Concierge, WiFi Lounge, Club Room, Waterfront Gym, Commercial Grills, 3rd Floor Garden terrace, rooftop pool and hot tub. Secure Garage. lockbox @ front desk. See Concierge for lockbox. Sprinkler Sys:Yes
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$881/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,350
$404,894
2025
$162,623
$242,271
$404,894
No
Tax History
Year
Tax Paid
Assessed Value
2024
$8,350
$404,894
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pentagon Fcu
Commercial
$156,000
No
First
Sep 8, 2010
Oct 2040
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$96,669
$347,331
78%
22%
$734/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
$734/mo
+$1,346/mo
5.6%
12.4%