54 RAINEY STREET #922, AUSTIN, TX 78701

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54 Rainey Street #922

Austin, TX 78701

Status of the property has changed, please contact for details

List Price$800,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #4202725

2

Bedrooms

2 full

Bathrooms

1,212

Square Feet

Condo

Type

About This Property

Welcome to Milago Unit 922, a spacious 2-bedroom, 2-bath residence offering breathtaking panoramic views of Downtown Austin and Lady Bird Lake. Ideally positioned at the tranquil end of Rainey Street, this premier condo blends peaceful lakeside living with immediate access to Austin's most vibrant dining and entertainment district. This home underwent a comprehensive $150,000 remodel in 2017, completed through a thorough six-month renovation process. Enhancements include new hardwood flooring throughout, reconfigured walls and closets for improved functionality, custom pocket doors, and fully updated bathrooms with new toilets, showers, and modern finishes. The kitchen was completely redesigned with all-new appliances, cabinetry, and countertops, creating a refined, timeless space ideal for everyday living and entertaining. Designed for modern living, the residence features oversized windows with automatic power shades, abundant natural light throughout and seamless indoor-outdoor connection highlighting city and lake views BONUS FEATURES include two premium ground level parking spaces, a dedicated storage unit, refrigerator, and stackable washer/dryer--all included for your convenience. The Milago Condominiums recently completed its first building-wide assessment since original construction, funding major capital improvements including roof replacement and elevator upgrades. The seller has already paid the full assessment for Unit 922, offering peace of mind and value to the next owner. Additionally, the building will soon begin a refresh of common areas and hallways, further enhancing the community's appeal and long-term value. Milago residents enjoy resort-style amenities, including: - Rooftop pool & spa with grilling stations - 2nd-floor fitness center and club room - 1st-floor resident lounge and landscaped outdoor patio - 24-hour concierge service

Property Features

Location Information

County

Travis

Subdivision

Milago Condo Amd

County

Travis

Directions

Head southwest on I-35 S, Take exit 236A toward 32nd St/Dean Keeton, Turn right onto River St, At the traffic circle, take the 3rd exit onto Rainey St, Destination will be on the right

Area

DT

Interior Features

Interior

Breakfast Bar, Built-in Features, Ceiling Fan(s), High Ceilings, Main Level Primary, Walk-In Closet(s)

Floors

Tile, Wood

Primary Bedroom On Main

Yes

Laundry

In Bathroom, Laundry Closet, Stacked

Full Baths

2

Disabled Features

None

Number of Fireplaces

0

Appliances

Washer/Dryer Stacked, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Stainless Steel Appliance(s)

Heating

Central

Accessibility

None

Exterior Features

Style

See Remarks

Garage Spaces

2

Stories

1

Fencing

None

Is New Construction

No

Has a Pool

Yes

Construction/Exterior

See Remarks

Lot Size in Acres

0.007

Exterior

Balcony, Gas Grill, Private Entrance

Water Body

Lady Bird Lake

Foundation

See Remarks

Waterfront Description

Lake Front

Possession

Closing & Funding

Has Waterfront

Yes

Water / Sewer

Public Sewer

Has View

Yes

Water

Public

View

City Lights, City, Lake, Water

Parking Description

Assigned, Garage, Covered, Guest

Is One Story

Yes

School

Elementary School District

Austin ISD

Middle School

O Henry

Elementary School

Mathews

High School

Austin

Additional Information

Roof/Attic

See Remarks

Status

Active Under Contract

Other Utilities

Electricity Connected, Water Connected

HOA Fee

$936.75

Association Name

Milago Condo Association

HOA Frequency

Monthly

Property Type

CND

HOA Includes

See Remarks

Property SubType

Condominium

Amenities

Concierge

Year Built

2005

Documents Available

None

APN

02030313630000

Square Feet Source

Public Records

Similar Listings

Mortgage Calculator

$3,734

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$2,882

Monthly Tax

$666

Monthly Insurance

$186

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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