$594,000
NAL Estimated Property Value54 Rainey ST 518, Austin, TX, 78701
Off Market
Lease
Highlights
Interior
AppliancesDishwasher, Disposal, Exhaust Fan, Microwave, Oven, Free-Standing Range, Stainless Steel Appliance(s), Washer
FlooringTile, Wood
Exterior
Exterior FeaturesBalcony
Lot Size292 sqft
Building Information
Year Built2005
Stories1
Garage Spaces2
Land Information
APN0203031266
Lot Number518
SubdivisionMilago Condominiums Amended
Land UseHigh-Rise Condo/Apartment
Legal DescriptionUNT 518 MILAGO CONDOMINIUMS AMENDED PLUS 0.442 % INT IN COM AREA
Census Tract001103
Assessed Land Value$219,150
Assessed Improvement Value$363,850
Assessment Year2025
About this property
Located within Austin’s Rainey Street District, walking distance to Austin’s Butler Hike trail, easy access to upscale dinning and entertainment, this beauty offers views of the most desirable city in America! Escape the busy city life in this Oasis located on the 5th floor at Milago. This spacious condo is a 2BED/2 BATH open floor plan for anyone looking to live in the heartbeat of Austin. Condo includes: 24 hour concierge service, 24 hour access to all amenities, stainless steel appliances, 2 reserved garage parking spots, and a private balcony.
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$248/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$583,000
2025
$219,150
$363,850
$583,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
N/A
$583,000
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$594,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
N/A
+$2,440/mo
4.9%
