10 days on rocket

54 Rainey St Unit 802, Austin, TX, 78701

$1,095,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
1,557 SqFt
$703/SqFt
Condo
Schools Nearby

Location

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54 Rainey St Unit 802, Austin$1,095,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingConcrete, Direct Access, Deeded, Gated, Permit Required, Community Structure, Secured, Storage, Covered, Electric Vehicle Charging Station(s), Guest
Garage2 spaces
Year Built2005
HeatingCentral
CoolingCentral Air
WaterfrontLake Front, Waterfront
ViewCity, Park, Lake, Panoramic, Water
Private PoolYes
MLS #8883901
Lot Size0.01 Acres
StatusActive

About 54 Rainey St Unit 802

Rarely available, this exquisite 3-bedroom, 2-bathroom condo with a private balcony is nestled within The Milago Condominiums on the Vibrant Rainey Street. Offering unparalleled vistas of Lady Bird Lake and the ever-dynamic Austin skyline, each room is a vantage point of urban beauty. Situated directly above Waller Beach Metropark with convenient access to Rainey Street from the lobby, this residence boasts the prime spot in the bustling Rainey Street district, providing an incomparable living experience at an exceptional value. Spanning over 1,550 square feet, this luxurious condo showcases panoramic views and upscale amenities synonymous with Austin living. Meticulously renovated and maintained, this home features an array of upgrades including new HVACS w/ Nests thermostats, a water heater, soundproof windows, California Closets, a steam room, new appliances, and pristine flooring. The Milago offers an array of amenities including a 24/7 concierge, rooftop pool and hot tub, secured parking, and a fitness center. Additional perks include a media room on the second floor and a Wi-Fi lounge on the first floor. This unit also includes a storage space in the parking garage, along with two garage spaces conveniently located near the lobby.

Property Details

Property Features

Property Information:

  • Year Built: 2005
  • Stories: 1
  • Living Area: 1,557 SqFt

Listing Office:

  • Office Name: Engel & Volkers Austin
  • Office Phone: (817) 909-1831
  • Listing Agent: Sean Smith

Interior Features

Interior Information:

  • Appliances: Convection Oven, Cooktop, Dishwasher, Electric Cooktop, Freezer, Disposal, Microwave, Refrigerator, Washer
  • Flooring Type: Carpet, Tile, Wood
  • Interior: Breakfast Bar, Bidet, Granite Counters, Main Level Primary, No Interior Steps, Open Floorplan, Smart Thermostat, Track Lighting, Walk-In Closet(s), Programmable Thermostat

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Lake Front, Waterfront
  • View: City, Park, Lake, Panoramic, Water
  • Exterior: Balcony, Barbecue, Dog Run, Gas Grill, Outdoor Grill, Uncovered Courtyard

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Concrete, Direct Access, Deeded, Gated, Permit Required, Community Structure, Secured, Storage, Covered, Electric Vehicle Charging Station(s), Guest

Lot Features

Lot Information:

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

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

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: East on Cesar Chavez, Right on Red River, 1st left and then Right on Rainey St. Milago is located at the very end of the street on the right. Sign in with front desk for free guest parking.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,095,000
  • Price Per SqFt: $703/SqFt

HOA Fees:

  • Amount: $1074
  • 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

$568.3K

Med. Price/SqFt

$310

Avg. Days On Market

46

# of Sold Homes

925

54 Rainey St Unit 802 vs Austin

10 DAYS ON ROCKET

-36 Days

$1,095,000

+$526.6K More

$703/SqFt

+$392 More

KEY TAKEAWAY

This property is $526.6K more than the Median Sold Price and $392/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: #8883901

Listing Office:

  • Office Name: Engel & Volkers Austin
  • Office Phone: (817) 909-1831
  • Listing Agent: Sean Smith

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: 5/5/2024, 2:20:30 AM 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

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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-6295159
6
/10

  • Matthews Elementary School

  • 906 Westlynn St

  • 1.95 miles

  • Public District Grades PK-6

Middle School

school-card-donut-6295160
5
/10

  • O. Henry Middle School

  • 2610 W 10th St

  • 2.85 miles

  • Public District Grades 6-8

High School

school-card-donut-6295161
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. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 54 Rainey St Unit 802

What is the listing price of this property?

The listing price of 54 Rainey St Unit 802 property is $1,095,000.

What type of property is this?

The property 54 Rainey St Unit 802 is a condo located in Austin, Texas, 78701.

Is this property for sale now?

Active Listing: 54 Rainey St Unit 802 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 802 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 802 has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 54 Rainey St Unit 802 is 1,557 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 54 Rainey St Unit 802 is 2005.

Rocket Homes›Texas›Travis County›Austin›78701›54 Rainey St Unit 802

This home is located at 54 Rainey St Unit 802 in Austin, TX and zip code 78701 in the Downtown neighborhood. This 1,557 square foot home, which was built in 2005, sits on a 0.01 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 24, 2024 and is currently priced at $1,095,000.

Over 195 listings were sold over their listed price in April 2024 in Austin, TX. In the same period over 571 listings were sold below the listed price and 158 listings were sold for the listed price. In April 2024 in Austin, TX there were 18.7% more homes for sale than in March 2024. While the average time on the market in April 2024 was 46 days, the median list price was $568,336.

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

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