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$459,000

NAL Estimated Property Value

54 Rainey ST 610, Austin, TX, 78701

Off MarketInfo
LeaseInfo
Beds1 Beds
Baths1 Bath
Baths756 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$3.04 / sqft
Year BuiltBuilt in 2005

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
AppliancesDishwasher, Disposal, Electric Range, Microwave, Free-Standing Range, Refrigerator, Self Cleaning Oven, Washer/Dryer Stacked
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesSee Remarks
Lot Size192 sqft

Building Information

Year Built2005
Stories1
Garage Spaces1

Land Information

APN02030312810000
Lot Number610
SubdivisionMilago Condominiums Amended
Land UseResidential
Legal DescriptionUNT 610 MILAGO CONDOMINIUMS AMENDED PLUS .287 % INT IN COM AREA
Census Tract001103
Assessed Land Value$142,298
Assessed Improvement Value$285,079
Assessment Year2025

About this property

Experience unobstructed views of Lady Bird Lake and downtown Austin, providing an exquisite backdrop for your daily life. Step inside and be greeted by the warmth of hardwood floors that flow throughout the living spaces and functional and stylish kitchen complete with updated appliances. The Milago offers an array of incredible amenities that will enhance your lifestyle. Take advantage of the rooftop pool complete with a grill, providing a perfect setting for gatherings with friends and family. The 24-hour concierge service ensures convenience and security at all times. Additionally, there is a private club room and a well-equipped gym where you can stay active without leaving the comfort of your own building. With its ideal location on the quiet south end of Rainey Street, this property offers the best of both worlds - a peaceful retreat within walking distance to the lively ambiance that Austin is known for. Tenant pays $400 move in fee.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$917/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,713
$427,377
2025
$142,298
$285,079
$427,377
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,713
$427,377

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$459,000
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
5.4%

Learn About the Market: Opportunity in Austin

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Explore

Austin

Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.

From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.4%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$555,300

Unemployment Rate

Unemployment Rate

3.20%

Price Trend

Price Trend

~0.4% YoY growth

New Permits

New Permits

2,269 units

City: Austin

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54 Rainey ST 610 | Property Details | No Agent List