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$1,196,000

NAL Estimated Property Value

54 Rainey ST PH02, Austin, TX, 78701

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,927 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$666.84 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 3Bathrooms Full 3
AppliancesOven, Electric Cooktop, Dishwasher, Disposal, Microwave, Refrigerator, Stainless Steel Appliance(s), Wine Refrigerator
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size484 sqft

Building Information

Year Built2005
Stories1
Garage Spaces2

Land Information

APN02030314280000
Lot NumberPH02
SubdivisionMilago Condominiums Amended
Land UseResidential
Legal DescriptionUNT PH02 MILAGO CONDOMINIUMS AMENDED PLUS .731 % INT IN COM AREA
Census Tract001103
Assessed Land Value$362,438
Assessed Improvement Value$683,861
Assessment Year2025

About this property

Ascend to your penthouse at The Milago. Enjoy unparalleled panoramic downtown and lake views as you’re immersed in the city. This unit has the highest level of finish out including walk-in closets, spa-like baths, 2 living areas & a gourmet kitchen. Truly gorgeous unobstructed views from every room. Take advantage of hi-rise living amenities including a rooftop terrace with pool and hot tub, exercise room & WiFi lounge. Direct waterfront and Butler Hike and Bike Trail access. 2 parking & 3 storage.FEMA - Unknown Restrictions: Yes

Investor Tools

Property Icon
$1,196,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,196,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,710 /month
Positive
Cash Flow Estimate:
$2,570 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,373/month
$983/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$22,502
$1,046,299
2025
$362,438
$683,861
$1,046,299
No

Tax History

Year
Tax Paid
Assessed Value
2024
$22,502
$1,046,299

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,196,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$983/mo
+$1,457/mo
2.4%

City: Austin

54 Rainey ST PH02 | Property Details | No Agent List