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Off market
  • $385,900

    54 Rainey St APT 616, Austin, TX 78701

    1beds
    1baths
    852sqft
    Condo
    Built in 2005
    -- sqft lot
    $385,900 Zestimate®
    $453/sqft
    $2,582 Estimated rent

    Home value

    $385,900

    $355,000 - $421,000

    $2,582/mo

    Zestimate® history
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    $2,878/mo

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    $2,878/mo

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    What's special

    Milago #616 has it all! This lake-facing condo is nestled in one of the most suberbly-managed and well-located buildings in downtown Austin, right on the hike and bike trail and steps from an array of coffee shops, patio lounges, and restaurants. Enjoy views of the South Congress Bridge bats right from your balcony. A BONUS ROOM sets Milago #616 apart from many downtown one-bedroom units in this price range - perfect for guests and/or from working from home! Warm-toned hardwoods throughout + a fresh coat of custom paint make the home feel crisp, clean, and turn-key. Milago residents enjoy a full suite of luxury amenities, including a 24/7 concierge, private terrace with grilling station, a rooftop pool with stunning views + grilling station + hot tub, private lounge/business center, club room, bike storage, and gym. Building charges one-time, non-refundable $300 move-in fee and immediately refundable $500 move-in deposit, pending no damages. The best of downtown living awaits!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 852 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: None
    Features
    • Has spa: Yes
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 217 sqft
    Details
    • Parcel number: 719609

    Construction

    Type & style
    • Home type: Condo
    Condition
    • Year built: 2005

    Community & neighborhood

    Community
    • Community features: Fitness Center
    Location
    • Region: Austin

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $435 monthly

    Other

    Other facts
    • Appliances \ Appliances \ Dishwasher
    • Appliances \ Appliances \ Dryer
    • Appliances \ Appliances \ Refrigerator
    • Appliances \ Appliances \ Washer
    • Appliances \ Appliances \ Washer/Dryer Stacked
    • AssociationYN \ true
    • Balcony
    • Bedrooms \ MainLevelBedrooms \ 1
    • BuildingName \ MILAGO
    • Community Features \ CommunityFeatures \ Bike Storage/Locker
    • Community Features \ CommunityFeatures \ Clubhouse
    • Community Features \ CommunityFeatures \ Cluster Mailbox
    • Community Features \ CommunityFeatures \ Concierge
    • Community Features \ CommunityFeatures \ Controlled Access
    • Community Features \ CommunityFeatures \ Elevator
    • Community Features \ CommunityFeatures \ Fitness Center
    • Community Features \ CommunityFeatures \ Gated
    • Community Features \ CommunityFeatures \ Lounge
    • Community Features \ CommunityFeatures \ Pool
    • Community Features \ CommunityFeatures \ Property Manager On-Site
    • Community Features \ CommunityFeatures \ Walk/Bike/Hike/Jog Trail(s
    • CommunityFeatures \ Bike Storage\Locker
    • CommunityFeatures \ Clubhouse
    • CommunityFeatures \ Cluster Mailbox
    • CommunityFeatures \ Concierge
    • CommunityFeatures \ Lounge
    • CommunityFeatures \ Pool
    • CommunityFeatures \ Property Manager On-Site
    • CommunityFeatures \ Walk\Bike\Hike\Jog Trail(s
    • ConstructionMaterials \ See Remarks
    • CoolingYN \ true
    • DirectionFaces \ NW
    • DistanceToWaterComments \ Less than 1 Mile
    • ElectricOnPropertyYN \ True
    • Elementary School: Mathews
    • ExteriorFeatures \ Balcony
    • ExteriorFeatures \ No Exterior Steps
    • ExteriorFeatures \ See Remarks
    • FarmLandAreaUnits \ Square Feet
    • GarageYN \ true
    • HOA \ AssociationYN \ true
    • Heating and Cooling \ Cooling \ Central Air
    • Heating and Cooling \ CoolingYN \ true
    • Heating and Cooling \ Heating \ Central
    • Heating and Cooling \ HeatingYN \ true
    • Heating system: Forced Air
    • Heating: Electric
    • HeatingYN \ true
    • High School: Austin
    • InteriorFeatures \ Bookcases
    • InteriorFeatures \ Breakfast Bar
    • InteriorFeatures \ No Interior Steps
    • InteriorFeatures \ See Remarks
    • InteriorFeatures \ Track Lighting
    • Laundry: In Unit
    • LeaseTerm \ 12 Months
    • LivingAreaSource \ Builder
    • Location \ DirectionFaces \ NW
    • Lot \ LotFeatures \ See Remarks
    • LotFeatures \ See Remarks
    • MLS Listing ID: 8047366
    • MLS Name: Austin BOR ZDDP2 (Austin BOR ZDDP2)
    • MainLevelBedrooms \ 1
    • Materials \ Roof \ See Remarks
    • Middle School: O Henry
    • MlsStatus \ Active
    • Other Building Features \ BuildingName \ MILAGO
    • Other Building Features \ PetsAllowed \ Breed Restrictions
    • Other Building Features \ PetsAllowed \ Negotiable
    • Other Building Features \ PetsAllowed \ Size Limit
    • Other Exterior Features \ ExteriorFeatures \ Balcony
    • Other Exterior Features \ ExteriorFeatures \ No Exterior Steps
    • Other Exterior Features \ ExteriorFeatures \ See Remarks
    • Other Interior Features \ Flooring \ Wood
    • Other Interior Features \ InteriorFeatures \ Bookcases
    • Other Interior Features \ InteriorFeatures \ Breakfast Bar
    • Other Interior Features \ InteriorFeatures \ No Interior Steps
    • Other Interior Features \ InteriorFeatures \ See Remarks
    • Other Interior Features \ InteriorFeatures \ Track Lighting
    • Parking \ GarageYN \ true
    • Parking \ ParkingFeatures \ Garage
    • Parking \ ParkingFeatures \ Private
    • Parking \ ParkingFeatures \ Reserved
    • ParkingFeatures \ Garage
    • ParkingFeatures \ Private
    • ParkingFeatures \ Reserved
    • Patio \ PatioAndPorchFeatures \ Covered
    • PetsAllowed \ Breed Restrictions
    • PetsAllowed \ Negotiable
    • PetsAllowed \ Size Limit
    • Roof \ See Remarks
    • Safety \ SecurityFeatures \ Building Security
    • School District: Austin ISD
    • SecurityFeatures \ Building Security
    • Size \ FarmLandAreaUnits \ Square Feet
    • Sources \ LivingAreaSource \ Builder
    • Utilities \ DistanceToWaterComments \ Less than 1 Mile
    • Utilities \ ElectricOnPropertyYN \ True
    • Utilities \ Internet-Fiber
    • Utilities \ Sewer Connected
    • Utilities \ Utilities \ Electricity Connected
    • Utilities \ Utilities \ Internet-Fiber
    • Utilities \ Utilities \ Sewer Connected
    • Utilities \ Utilities \ Water Connected
    • Utilities \ Water Connected
    • Vegetation \ Trees-Medium (20 Ft - 40 Ft)
    • View
    • View Type \ View \ Lake
    • View Type \ View \ River
    • Water \ PoolFeatures \ Pool/Spa Combo
    • Water \ PoolFeatures \ See Remarks
    • Water \ PoolPrivateYN \ True
    • Yard \ Vegetation \ Trees-Medium (20 Ft - 40 Ft)

    Price history

    DateEventPrice
    12/11/2020Listing removed$1,895$2/sqft
    Source: TOWERS.net #8047366
    12/10/2020Listing removed$431,000$506/sqft
    Source: TOWERS.net #9724897
    11/11/2020Price change$1,895-5%$2/sqft
    Source: TOWERS.net #8047366
    11/4/2020Listed for rent$1,995+8.1%$2/sqft
    Source: TOWERS.net #8047366
    9/23/2020Price change$431,000-3.3%$506/sqft
    Source: TOWERS.net #9724897

    Public tax history

    YearProperty taxesTax assessment
    2025-- $396,484 -17.4%
    2024$9,515 +0.3%$480,095 -8.5%
    2023$9,490 +27.2%$524,548 +20%

    Find assessor info on the county website

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Mathews
    • Middle: O Henry
    • High: Austin
    • District: Austin ISD

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value

    $385,900

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $385,900