1 month on rocket

54 Rainey St Unit 1218, Austin, TX, 78701

$1,099,999

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,956 SqFt
$562/SqFt
Condo
Schools Nearby

Location

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54 Rainey St Unit 1218, Austin$1,099,999

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingAssigned, Attached, Common, Garage, Garage Door Opener, Gated, Lighted, Secured, Covered, Guest
Garage2 spaces
Year Built2005
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
WaterfrontLake Front
FireplaceNone
ViewCity, Lake, River
Private PoolYes
MLS #4111361
Lot Size0.01 Acres
StatusActive

About 54 Rainey St Unit 1218

READ ALL OF THESE REMARKS: You will not find a downtown Austin condo with a better combination of amenities, turn-key-updates, modern styling, unadulterated views, convenience, size, space, all in an exciting and peaceful location. I am also sure that you won't find a 3 bedroom condo at a better value! This recently remodeled CORNER UNIT in The Milago Condominiums is a very rare 3 bedroom orientation, with a whopping 1956 square feet! The Milago is one of the best kept secrets in Austin condominium living. Bordering the Waller Beach Metropark, The Milago is the only high rise with direct, unobstructed access to the Hike & Bike trail. You don't even cross a street...you just simply walk out the back door of the building and BOOM...you're there...standing along the edge of Lady Bird Lake. The Milago has all the amenities you'd come to expect from living in a downtown high rise: Rooftop pool, business center, top shelf gym, security, relaxing common areas, etc. It also sits at the South (quiet!) end of Rainey Street Historic/Entertainment District, which allows you to enjoy a wide range of entertainment and dining options. The unit is in pristine shape, 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 bedroom 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 of the main living area, another off the 1st Primary Suite) offer unobstructed views of the entire Austin skyline and Lady Bird Lake. Two parking spaces that literally straddle the elevator access in the garage, are also included. Since this unit 10 steps from the elevator, you can get from your 12th floor condo to your vehicle in less than 20 steps. Come see it ASAP!

Property Details

Property Features

Property Information:

  • Year Built: 2005
  • Stories: 1
  • Living Area: 1,956 SqFt

Listing Office:

  • Office Name: Bramlett Residential
  • Office Phone: (512) 850-5717
  • Listing Agent: Robert Gordon

Interior Features

Interior Information:

  • Appliances: Electric Oven, Electric Range, Dryer, Dishwasher, ENERGY STAR Qualified Appliances, Electric Cooktop, Exhaust Fan, Disposal, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer
  • Flooring Type: Tile, Wood
  • Interior: Breakfast Bar, Built-in Features, Ceiling Fan(s), Chandelier, Elevator, Granite Counters, Multiple Living Areas, Main Level Primary, Multiple Primary Suites, Multiple Closets, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting, Storage, Solid Surface Counters, Soaking Tub, Track Lighting, Walk-In Closet(s)
  • Fireplace: None

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Lake Front
  • View: City, Lake, River
  • Exterior: Balcony, Dog Run

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Assigned, Attached, Common, Garage, Garage Door Opener, Gated, Lighted, Secured, Covered, Guest

Lot Features

Lot Information:

  • Lot: Near Park, Near Public Transit
  • Lot Size: 0.01 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • 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: 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).

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,099,999
  • Price Per SqFt: $562/SqFt

HOA Fees:

  • Amount: $1134
  • 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 1218 vs Austin

32 DAYS ON ROCKET

-24 Days

$1,099,999

+$531.1K More

$562/SqFt

+$251 More

KEY TAKEAWAY

This property is $531.1K more than the Median Sold Price and $251/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: #4111361

Listing Office:

  • Office Name: Bramlett Residential
  • Office Phone: (512) 850-5717
  • Listing Agent: Robert Gordon

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: 5/1/2024, 2:25:16 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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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-4216282
6
/10

  • Matthews Elementary School

  • 906 Westlynn St

  • 1.95 miles

  • Public District Grades PK-6

Middle School

school-card-donut-4216283
5
/10

  • O. Henry Middle School

  • 2610 W 10th St

  • 2.85 miles

  • Public District Grades 6-8

High School

school-card-donut-4216284
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. The most common annual income of people living in Austin, TX is less than $35k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 54 Rainey St Unit 1218

What is the listing price of this property?

The listing price of 54 Rainey St Unit 1218 property is $1,099,999.

What type of property is this?

The property 54 Rainey St Unit 1218 is a condo located in Austin, Texas, 78701.

Is this property for sale now?

Active Listing: 54 Rainey St Unit 1218 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 1218 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 1218 has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 54 Rainey St Unit 1218 is 1,956 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 54 Rainey St Unit 1218 is 2005.

Rocket Homes›Texas›Travis County›Austin›78701›54 Rainey St Unit 1218

This home is located at 54 Rainey St Unit 1218 in Austin, TX and zip code 78701 in the Downtown neighborhood. This 1,956 square foot home, which was built in 2005, sits on a 0.01 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 29, 2024 and is currently priced at $1,099,999.

In March 2024 more than 159 listings in Austin, TX were sold above the asking price. During the same period more than 150 listings were sold at asking price, while more than 503 were sold below. The number of listings in Austin, TX increased by 21.3% between February 2024 and March 2024. The median list price of listings available in March 2024 was $568,825, while the average time on the real estate market was 56 days.

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

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