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Owner Contacts

$712,000

NAL Estimated Property Value

54 Rainey ST 812, Austin, TX, 78701

Off Market

Lease

2 Beds

2 Bath

1,164 Sq Ft

Condos / Townhouses

$2.58 / sqft

Built in 2005

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

AppliancesDishwasher, Disposal, Gas Range, Oven

FlooringWood

Exterior

Private Pool

Exterior FeaturesBalcony

Lot Size292 sqft

Building Information

Year Built2005

Stories1

Garage Spaces2

Land Information

APN02030313300000

Lot Number812

SubdivisionMilago Condominiums Amended

Land UseResidential

Legal DescriptionUNT 812 MILAGO CONDOMINIUMS AMENDED PLUS .442 % INT IN COM AREA

Census Tract001103

Assessed Land Value$219,150

Assessed Improvement Value$344,947

Assessment Year2025

About this property

Spacious 2bd with amazing western views of the LadyBird Lake and Greenbelt. Updates include: electric shades, washer/dryer, upgraded storage in closet, Nest thermostat, and unit comes with 2 parking spots. Unit offers tons of natural light, open kitchen & living floor plan. Milago is a building with all the amenities and just steps away fro Rainey Street entertainment. One of the best values for 2-bed condo in downtown Austin with western views of dowtown skyline and lake. Just steps away on Lady Bird Lake Hike & Bike Trail. Enjoy the ultimate urban lifestyle. Amenities include: 24/7 Concierge, Rooftop terrace w/ pool & hot tub, workout room facility overlooking Trail, ClubRoom for entertaining, WiFi lounge.

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,366/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$12,834

$564,097

2025

$219,150

$344,947

$564,097

Tax History

Year

Tax Paid

Assessed Value

2024

$12,834

$564,097

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Barton Creek Lending Group Llc

Conventional

$404,048

First

Jul 1, 2020

Jul 2035

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$358,969

$353,031

49%

50%

$2,423/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,440/mo

$2,423/mo

+$17/mo

4.1%

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