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$451,142

NAL Estimated Property Value

54 Rainey ST 803, Austin, TX, 78701

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths865 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$393.06 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

BankruptcyOff-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
AppliancesDishwasher, Disposal, Microwave, Free-Standing Range, Refrigerator, Washer/Dryer Stacked
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Lot Size218 sqft

Building Information

Year Built2005
Stories1
Garage Spaces1

Land Information

APN02030313210000
Lot Number803
SubdivisionMilago Condominiums Amended
Land UseResidential
Legal DescriptionUNT 803 MILAGO CONDOMINIUMS AMENDED PLUS .328 % INT IN COM AREA
Census Tract001103
Assessed Land Value$162,623
Assessed Improvement Value$288,519
Assessment Year2025

About this property

LIVE, WORK, PLAY! One bedroom condo with office and partial Lady Bird Lake view in the highly sought-after Milago Condominiums. All the things you’d expect in a luxury condo - granite countertops, wood floors, and stainless steel appliances. Convenient 24/7 concierge, WiFi lounge, clubroom, gym, reserved parking, and grocery store across the street. Entertain at the rooftop pool, stroll down Rainey Street and brunch with friends or go for a run with your four-legged friend on the hike & bike trail.

Investor Tools

Property Icon
$451,142
Estimated Property Value
$0Estimated Mortgage Balance
$451,142Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,707 /month
Positive
Cash Flow Estimate:
$902 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$965/month
$346/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,328
$451,142
2025
$162,623
$288,519
$451,142
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,328
$451,142

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$451,142
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
$346/mo
+$1,734/mo
5.5%

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 803 | Property Details | No Agent List