54 Rainey ST 617, Austin, TX 78701

$499,900 Asking Price

1 bed
1 bath
865  sqft
Built in 2005

This meticulously maintained urban condo at the Milago offers stylish living at the end of Rainey Street, with direct access to Lady Bird Lake, the hike and bike trail, and a lively array of dining and entertainment spots just steps away. This one-bedroom, one-bath condo showcases European plank hardwood floors, custom paint (entire condo & ceiling painted 2020), granite countertops, stainless steel appliances, a custom closet organizer, and a functional, open floor plan designed to maximize both space and comfort. Recently replaced in 2020 Rheem electric water heater and hvac. The Milago offers exceptional amenities, including a rooftop pool and hot tub with sweeping downtown views along with grills and seating, and a spacious 3rd-floor terrace outdoor seating— perfect for entertaining. Residents also enjoy 24-hour concierge service, a fitness center, a clubroom, a Wi-Fi lounge, and convenient bike storage. Recent updates include a refreshed lobby, new pool furniture, and BBQ grills. For added convenience, a grocery store is located just across the street, with the vibrant Rainey Street Entertainment District right at your doorstep, offering a variety of popular restaurants and bars. This condo blends luxury, convenience, and unbeatable location for the ultimate urban lifestyle. (Laundry located in bathroom closet. Contact HOA for information on building materials.) *Buyer to independently verify all information including but not limited to taxes, restrictions, schools, square footage, Hoa dues, year built, etc. Tax estimate is taking 2024 assessment x 2023 tax rate. Actual tax is 2023 tax amount.

Features & Amenities

Interior

General:
Built-in Features, Ceiling Fan(s), Granite Counters, Eat-in Kitchen, High Speed Internet, Open Floorplan, Primary Bedroom on Main, Smart Thermostat, Stackable W/D Connections, Walk-In Closet(s)
Appliances:
Dishwasher, Disposal, Electric Range, Microwave, Stainless Steel Appliance(s), Electric Water Heater
Laundry:
Laundry Closet
Flooring:
Tile, Wood
A/C:
Ceiling Fan(s), Central Air
Heating:
Central
Fireplace:
Fireplaces: 0
Eco/Green Feature:
None, None

Exterior

General:
Hot Tub
Other Structures:
None
Pool:
Heated, Rooftop Pool
Parking:
Garage, Reserved, Secured, Parking spaces: 1

Construction

Roofing:
See Remarks
Windows:
Blinds
General:
One, See Remarks

Location

HOA Amenities:
Common Area Maintenance, Insurance, Trash, 596.38, Monthly
Originating MLS:
actris
School District:
Austin ISD
County:
Travis

Lot

Zoning:
UNT 617 MILAGO CONDOMINIUMS AMENDED PLUS .328 % INT IN COM AREA, 02030312880000
View:
City
Fencing:
None

Utilities

Utilities:
Electricity Connected, Sewer Connected, Water Connected
Water:
Public
Sewer:
Public Sewer

Financial

Source:
actris

This listing courtesy of:
The Leaders Realty, LLC, Kristee Leonard

About Austin, TX

Housing

Number of Units
523,644
Median Home Value
$435,027
Median Rent
$1,253

52.82% of housing units are renter occupied.

7.09% are vacant.

Commute

Car
53.46%
Public Transportation
1.78%
Walk to Work
1.73%
Work from Home
41.61%
Other
0.53%

The median travel time to work is 16 minutes.

People

Population
1,163,161
Median Age
35.90
Median Household Size
2.60

Education

High School
14.31%
Associate’s Degree
5.38%
Bachelor’s Degree
34.89%
Graduate Degree
21.08%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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