$373,268
NAL Estimated Property Value54 Rainey St Apt 1015, Austin, TX, 78701
Off Market
Property Lead Type:
High Equity
Highlights
Interior
AppliancesElectric Cooktop, Dishwasher, Disposal, Microwave, Oven, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer Stacked
FlooringTile, Wood
Exterior
Exterior FeaturesBalcony
Lot Size192 sqft
Building Information
Year Built2005
Stories1
Garage Spaces1
Land Information
APN02030313790000
Lot Number1015
SubdivisionMilago Condominiums Amended
Land UseResidential
Legal DescriptionUNT 1015 MILAGO CONDOMINIUMS AMENDED PLUS .287 % INT IN COM AREA
Census Tract001103
Assessed Land Value$142,298
Assessed Improvement Value$230,970
Assessment Year2025
About this property
NEW PRICE! Live, work and play in the sought after Rainy Street District. Enjoy the shores of Lady Bird Lake right outside your door! Popular floor plan on the 10th floor with excellent views. Fresh paint, gorgeous hardwoods and stainless appliances. Ideal lock and leave for the busy downtown dweller. Amenities include 24 hour concierge, rooftop pool, club room, lounge, gym and business center. Updated common areas.
Investor Tools
$373,268
Estimated Property Value
$214,427Estimated Mortgage Balance
$158,841Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,240 /month
Positive
Cash Flow Estimate:
$747 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$803/month
$359/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,766
$373,268
2025
$142,298
$230,970
$373,268
No
Tax History
Year
Tax Paid
Assessed Value
2024
$7,766
$373,268
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$238,000
No
First
Mar 19, 2021
Apr 2036
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$214,427
$158,841
42%
57%
$1,427/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
$1,786/mo
+$294/mo
6.7%
