54 Rainey ST # 1218, Austin TX 78701

$ 1,083,999
54 Rainey ST # 1218, Austin TX 78701, ,

Overview

  • Property ID
  • 1319487
  • 2 Bedrooms
  • 2.5 Bathrooms
  • 1,956 ft2
  • 0 ac

Description

IMPORTANT INFO/READ ALL REMARKS: You will not find a condo at a better value. Also…you will not find a downtown Austin condo with a better combo of: amenities, turn-key-updates, modern styling, unadulterated views, convenience, size…all in an exciting and peaceful location. Recently remodeled CORNER UNIT in The Milago Condominiums, this unit is a rare 3 bedroom (or, 2 bedrooms and an office) at a whopping 1956 square feet! The Milago is one of the best kept secrets in Austin condominium living. Bordering Waller Beach Metropark, and overlooking the new Mexican American Cultural Center, it’s is the only high rise with direct access to the Hike & Bike trail. You don’t even cross a street…you simply walk out the back door and BOOM…you’re there…standing along the edge of Lady Bird Lake. You have all the amenities you’d come to expect from living in a downtown high rise: Rooftop pool, 24 hour concierge, business center, top shelf gym, security, etc. Sitting at the quiet end of Rainey Street Historic/Entertainment District offers you a wide range of entertainment and dining options. The unit provides a modern “open concept floorplan”, and is move in ready, with a recently remodeled kitchen and master bath, along with other updates throughout. Truly a “turn key” option, this property offers TWO primary suites (with ensuite full baths), and a 3rd flex room directly off the main living area that can be utilized as a bedroom, office, yoga studio, media room, art studio. etc. You’re only limited by your imagination. The TWO (!) outdoor patios (one off the main living area, another off the 1st Primary Suite) offer unobstructed views of the entire Austin skyline and Lady Bird Lake. Two PRIME parking spaces that straddle the elevator access in the garage, are also included. Since the unit is 10 steps from the elevator, you can get from your 12th floor condo to your vehicle in less than 20 steps. Come see it! OWNER FINANCING will be considered. As will rate buy downs.

Outdoor Details
balcony
Garage Attached
Other Features
2 Primary Baths
2 Primary Suites
Breakfast Bar
Built-In Electric Oven
Built-In Electric Range
Built-in Features
Ceiling Fan(s)
Chandelier
Corain Counters
Dishwasher
Disposal
Dog Run
Dryer
Electric Cooktop
Electrical Utility Available
Elevator
ENERGY STAR Qualified Appliances
Exhaust Fan
Granite Counters
Has Garage
Has Pool
Has Waterfront
Home Owners Association
Microwave
Multiple Living Areas
Open Floorplan
Pantry
Primary Bedroom on Main
Property Attached
Quartz Counters
Recessed Lighting
Refrigerator
Soaking Tub
Stainless Steel Appliance(s)
Storage
Track Lighting
Walk-In Closet(s)
Washer
Washer Hookup
Property Id : 1319487
Price: $ 1,083,999
Property Size: 1,956 ft2
Property Lot Size: 0 ac
Bedrooms: 2
Bathrooms: 2.5
Syndication Remarks: IMPORTANT-READ ALL REMARKS: You will not find a downtown condo at a better value. Also...you will not find a condo with a better combo of amenities, turn-key-updates, modern styling, unadulterated views, convenience, size...all in an exciting and peaceful location. Recently remodeled CORNER UNIT in The Milago, this unit is a rare 3 bedroom (or, 2 bedrooms and an office) at a whopping 1956 square feet! The Milago is one of the best kept secrets in Austin condo living. Bordering Waller Beach Metropark, and overlooking the new Mexican American Cultural Center, it's is the only high rise with direct access to the Hike & Bike trail. You don't even cross a street...you simply walk out the back door and you're there...standing on the edge of Lady Bird Lake. With all the amenities you'd come to expect from living in a downtown high rise: Rooftop pool, 24 hour concierge, business center, top shelf gym, security, etc. Sitting at the quiet end of Rainey Street Historic/Entertainment District offers you a wide range of entertainment and dining options. The unit provides a modern "open concept floorplan", and is move in ready, with a recently remodeled kitchen and master bath, along with other updates throughout. Truly "turn key", this property offers TWO primary suites (with ensuite full baths), and a 3rd flex room directly off the main living area that can be utilized as a bedroom, office, yoga studio, media room, art studio. etc. You're only limited by your imagination. The TWO (!) outdoor patios (one off the main living area, another off the 1st Primary Suite) offer unobstructed views of the entire Austin skyline and Lady Bird Lake. Two PRIME parking spaces straddle the elevator access in the garage, are also included. Since the unit is 10 steps from the elevator, you can get from your 12th floor condo to your vehicle in less than 20 steps. Come see it! OWNER FINANCING will be considered. As will rate buy downs. Professionally listed by Rob Gordon @ Bramlett Residential.
Parking Features: Assigned,Attached,Common,Covered,Garage Door Opener,Gated,Guest,Lighted,Secured
Lot Size(acres): 0.011
Lot Size(sf): 479.16
Country: US
Active Open House(s): 0
Last Listing Change: 2024-07-19T04:27:24.877Z
Property Key: 48453|719750|1|75254144
Status Contractual Search Date: 2024-07-18
Listing Key Numeric: 121605711
Est. Taxes: 22240
Originating System Key: actris
Originating System Name: ABOR - actris
FEMA Flood Plain: No
#Photos: 35
Last Price Change: 2024-07-11T05:19:14.353Z
State: TX
Last Status Change: 2024-07-19T04:27:24.877Z
Street Name: Rainey
Laundry Location: In Hall,In Unit,Laundry Closet,Main Level
Street# Ext.: 54
Street#: 54
Street Suffix: ST
#Dining: 1
#Living: 2
#Other Level Beds: 0
Open House(s): 0
Upcoming Open House(s): Public: Sat Jun 8, 12:01PM-3:00PM
Option Period End Date: 2024-07-23T05:00:00.000Z
Property Match: APN
$/SF: 554.19
Tax Filled SF Total: 1956
Tentative Close Date: 2024-10-02T05:00:00.000Z
Unit Style: High Rise (8-13 Stories),Single level Floor Plan,End Unit
Video Tour Link (Unbranded): https://mls.realtour.biz/slideshow/1218-54RaineySt/Austin/TX
Accessibility Features: Accessible Elevator Installed,Enhanced Accessibility,FullyAccessible
HOA Fee: 1134
HOA Fee Frequency: Monthly
HOA includes: Common Area Maintenance,Landscaping,Maintenance Structure,Parking,Security,Trash
HOA Name: Somerset Association
Full Baths: 2
Half Baths: 1
Total Baths: 2.5
Community Features: Bike Storage/Locker,Business Center,Cluster Mailbox,Common Grounds,Concierge,Covered Parking,Curbs,Fitness Center,Garage Parking,Gated,Lock and Leave,Sidewalks,Storage,Tenant Access Cargo Elevator,Walk/Bike/Hike/Jog Trail(s
Construction Materials: Concrete,Glass
Cooling: Ceiling Fan(s),Central Air,Electric
Covered Spaces: 2
Faces: South
Directions: From Southbound Interstate 35 Frontage Rd: After Cesar Chavez, turn Right on River St. Turn Left on Rainey St. Property Located off Rainey on Right hand side: (54 Rainey St) "The Milago". GUEST PARKING IN GARAGE NEAR CONSIERGE (MUST REGISTER WITH CONSIERGE).
Elem School: Mathews
Elem School District: Austin ISD
Fencing: None
Fireplace Features: None
#Fireplaces: 0
Flooring: Tile,Wood
Foundation Details: Slab
Garage Spaces: 2
Heating: Central,Electric
High School: Austin
High School District: Austin ISD
Levels: One
Listing ID: 4111361
Listing Terms: Cash,Conventional,FHA,Lease Purchase,Owner May Carry
SF Source: Public Records
Lot Features: Back to Park/Greenbelt,Curbs,Near Public Transit,Public Maintained Road
MLS Area Major: DT
Main Level Beds: 2
Middle School: O Henry
Middle School District: Austin ISD
Status: Active Under Contract
Off Mkt Date: 2024-07-18
Other Structures: None
Parcel#: 02030314230000
Patio And Porch Features: Covered,Patio,Side Porch
Pool Features: Fenced,Heated,In Ground,Outdoor Pool,Rooftop Pool
Possession: Funding,Immediate
Property Condition: Resale
Roof: Concrete
Sewer: Public Sewer
Spa Features: Hot Tub,In Ground
Special Listing Conditions: Standard
Tax Annual($): 22240
Unit#: 1218
Utilities: Cable Connected,Electricity Connected,Internet-Fiber,Phone Connected,Sewer Connected,Water Connected
View: City,Lake,River
Water Body Name: Lady Bird Lake
Water Source: Public
Waterfront Features: Lake Front
Window Features: Blinds,Insulated Windows,Screens,Window Treatments
Year Built: 2005
$ 7,423.45
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 5,481.29
Fri 20 Sep
Sat 21 Sep
Sun 22 Sep
Mon 23 Sep
Tue 24 Sep
Wed 25 Sep
Thu 26 Sep
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Sat 28 Sep
Sun 29 Sep
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Info is deemed accurate but not guaranteed. Published info is subject to change. Buyers should conduct their own due diligence and research.

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Gerald Bodle, MBA