1 month on rocket

54 Rainey St Unit 101, Austin, TX, 78701

$679,900

Home List Price

$8,074*

Closing Credit

2 Bedrooms
2 Full Baths
1,294 SqFt
$525/SqFt
Condo
Schools Nearby

Location

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54 Rainey St Unit 101, Austin$679,900

Buyer Closing Credits

$8,074*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingAssigned, Garage, Covered, Guest
Garage1 space
Year Built2005
HeatingCentral, Electric, Separate Meters
CoolingCentral Air, Ceiling Fan(s), Electric
WaterfrontLake Front, River Front
ViewPark, Lake, River, Creek/Stream, Trees/Woods, Water
MLS #3041559
Lot Size0.01 Acres
StatusActive

About 54 Rainey St Unit 101

Experience ultimate lakefront living in this corner unit condo at The Milago on Rainey Street. This condo boasts 2 bedrooms, 2 baths and your very own private patio where you are just steps away from Lady Bird Lake’s Hike and Bike Trail. Encompassing 1,294 square feet of living space, this corner unit offers a prime location for those seeking an active lifestyle and the convenience of downtown living. Surrounded by large, remotely operated windows enhancing a bright and airy ambiance from the natural light. The primary bedroom features an ensuite full bath with dual vanity, separate walk-in shower, and garden tub, offering a perfect retreat for relaxation and rejuvenation. Head out your back patio and step onto the trail for a run, a walk, or a bike ride, immersing yourself in over 10 miles of hike and bike trails with easy access to the Austin Rowing Club for kayak and paddleboard rentals. The downtown area and metro rail are within walking distance making commuting a breeze. Enjoy the vibrant downtown scene and eclectic dining options on Rainey Street, all just a leisurely stroll away. The condo's community amenities include a Rooftop pool and hot tub with cabanas and outdoor cooking area, well-equipped gym, conference room and 24/7 concierge. Don't miss out on this rare opportunity to own a piece of lakefront paradise in the heart of Austin!

Property Details

Property Features

Property Information:

  • Year Built: 2005
  • Stories: 1
  • Living Area: 1,294 SqFt

Listing Office:

  • Office Name: Compass RE Texas, LLC
  • Office Phone: (512) 575-3644
  • Listing Agent: Joelle Kircher

Interior Features

Interior Information:

  • Appliances: Cooktop, Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Refrigerator, Washer
  • Flooring Type: Tile, Wood
  • Interior: Breakfast Bar, Ceiling Fan(s), Main Level Primary, No Interior Steps, Soaking Tub, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Lake Front, River Front
  • View: Park, Lake, River, Creek/Stream, Trees/Woods, Water
  • Exterior: No Exterior Steps, Private Yard

Parking Information:

  • Garage Space: 1 space
  • Parking: Assigned, Garage, Covered, Guest

Lot Features

Lot Information:

  • Lot: Near Park, Views
  • Lot Size: 0.01 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric, Separate Meters
  • Cooling: Central Air, Ceiling Fan(s), Electric

School Info

Assigned Schools Information:

  • Austin High School, Public District Grades 9-12
  • O. Henry Middle School, Public District Grades 6-8
  • Matthews Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: Head South on Rainey St. 54 Rainey Street. The Milago is last building on the right. Guest parking in garage or park on Rainey Street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $679,900
  • Price Per SqFt: $525/SqFt

HOA Fees:

  • Amount: $892
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Austin, TX.

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Austin, TX

City

Med. Sold Price

$568.8K

Med. Price/SqFt

$311

Avg. Days On Market

56

# of Sold Homes

812

54 Rainey St Unit 101 vs Austin

33 DAYS ON ROCKET

-23 Days

$679,900

+$111K More

$525/SqFt

+$214 More

KEY TAKEAWAY

This property is $111K more than the Median Sold Price and $214/SqFt more than other homes in Austin, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ACTRIS
  • MLS Number: #3041559

Listing Office:

  • Office Name: Compass RE Texas, LLC
  • Office Phone: (512) 575-3644
  • Listing Agent: Joelle Kircher

IDX Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

Copyright 2024 Unlock MLS and Austin Central Texas Realty Information Services, Inc.

IDX Listings courtesy of Unlock MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 4/28/2024, 9:25:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2635321
6
/10

  • Matthews Elementary School

  • 906 Westlynn St

  • 1.95 miles

  • Public District Grades PK-6

Middle School

school-card-donut-2635322
5
/10

  • O. Henry Middle School

  • 2610 W 10th St

  • 2.85 miles

  • Public District Grades 6-8

High School

school-card-donut-2635323
6
/10

  • Austin High School

  • 1715 W Cesar Chavez St

  • 2.07 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,389. Residents of Austin, TX typically earn less than $35k each year. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 54 Rainey St Unit 101

What is the listing price of this property?

The listing price of 54 Rainey St Unit 101 property is $679,900.

What type of property is this?

The property 54 Rainey St Unit 101 is a condo located in Austin, Texas, 78701.

Is this property for sale now?

Active Listing: 54 Rainey St Unit 101 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 54 Rainey St Unit 101 are:
Matthews Elementary School: GreatSchools Rating 6/10
O. Henry Middle School: GreatSchools Rating 5/10
Austin High School: GreatSchools Rating 6/10

How many bedrooms and bathrooms does this property have?

The property at 54 Rainey St Unit 101 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 54 Rainey St Unit 101 is 1,294 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 54 Rainey St Unit 101 is 2005.

Rocket Homes›Texas›Travis County›Austin›78701›54 Rainey St Unit 101

This home is located at 54 Rainey St Unit 101 in Austin, TX and zip code 78701 in the Downtown neighborhood. This 1,294 square foot home, which was built in 2005, sits on a 0.01 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 26, 2024 and is currently priced at $679,900.

While more than 159 listings in Austin, TX in March 2024 were sold above asking price, there were more than 150 listings sold at asking price, and more than 503 were sold below. The number of homes for sale in Austin, TX increased by 21.3% between February 2024 and March 2024. Listings spent 56 days on the market in March 2024, and had a median list price of $568,825 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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