54 Rainey ST # 415, Austin TX 78701
Austin, TX 78701 · Milago Condo Amd
Condominium for sale in Milago Condo Amd
Overview
Property Description
Experience elevated downtown living at 54 Rainey St. #415, a beautifully renovated 1-bedroom, 1-bathroom condo. This 756-square-foot home has been thoughtfully upgraded to offer both style and comfort. The sleek kitchen features updated appliances, designer cabinetry, and stylish lighting, creating a modern space ideal for cooking and entertaining. The spa-inspired bathroom boasts a walk-in shower, enhanced by elegant tile work and contemporary fixtures, providing the perfect retreat after a day of urban exploration. Step onto your private balcony to enjoy serene views, or head to the rooftop pool to take in stunning panoramas of downtown Austin and Lady Bird Lake. The building’s exceptional amenities include a fully equipped gym, 24-hour concierge service, and impeccably maintained common areas—all complemented by some of the most affordable HOA fees in the downtown area. Situated in the heart of the vibrant Rainey Street district, this condo is steps away from Lady Bird Trail, offering easy access to biking, running, and waterfront activities. Rainey Street’s eclectic mix of restaurants, bars, and coffee shops ensures that dining and nightlife options are always close at hand. The property’s prime location provides seamless access to I-35, East Austin, South Congress, and beyond, making it a perfect choice for those seeking the ultimate urban lifestyle. Whether you're catching fireworks from the rooftop, grabbing a morning coffee, or enjoying a peaceful stroll along the trail, this home is the ideal blend of modern sophistication and Austin charm. All values are approximate and to be verified.
Financial Info
- Price
- $359,000
- $ / Sqft
- $475
- HOA
- Yes - Mandatory / $584 / Monthly
- HOA Name
- FirstService Residential
- HOA Includes
- Common Area Maintenance, Maintenance Grounds
- Tax Rate
- 2.0465%
- Est. Taxes
- $7,666
- Tax Year
- 2026
- Exemptions
- Homestead
Legal Info
- Address
- 54 Rainey ST # 415
- County
- Travis
- City
- Austin
- State
- TX
- Zip
- 78701
- Subdivision
- Milago Condo Amd
- Legal Description
- UNT 415 MILAGO CONDOMINIUMS AMENDED PLUS .287 % INT IN COM AREA
- Parcel
- 02030312400000
Interior Features
- Floor
- Wood
- Num Living
- 1
- Dining
- 1
- Appliances
- Built-In Refrigerator, Dishwasher, Exhaust Fan, Microwave, Electric Oven, Washer, Electric Water Heater
- Laundry
- Laundry Closet
- Master Bed
- Primary Bedroom on Main
- Master Main
- Yes
- Interior Features
- Ceiling Fan(s), Quartz Counters, Primary Bedroom on Main, Building Security, None
General Info
- Beds
- 1 Total / 1 Main Level
- Full / Half Baths
- 1 / 0
- Prop Type
- Residential
- Property Type
- Condominium
- Stories
- 1
- Year Built
- 2005 / Resale
- Square Feet
- 756 / Public Records
- Garages
- 1
- Garage Desc
- Covered, Guest, Off Street
- Foundation
- Slab
- Roof
- Concrete
- Construction
- Concrete
- Acres
- 0.00
- Lot Description
- See Remarks
- Restrictions
- Deed Restrictions
- Flood Plain
- No
- View
- City
- Water Access
- No
- Waterfront
- No
- Area
- DT
Utility Info
- Water
- None
- Sewer
- Public Sewer
- Utilities
- Electricity Connected, Water Connected
- Heat
- Central, Electric
- A C
- Central Air, Electric
Exterior Features
- Fence
- None
- Exterior Features
- Balcony, Terrace
- Pool On Property
- Yes
- Area Amenities
- BBQ Pit/Grill, Business Center, Clubhouse, Common Grounds, Concierge, Conference/Meeting Room, Controlled Access, Covered Parking, Dog Park, Electronic Payments, Fitness Center, Garage Parking, Lake, Lounge, Nest Thermostat, Package Service, Park, Pool, Property Manager On-Site, Sundeck, Tenant Access Cargo Elevator
Rooms
Main level
- Primary Bathroom
None
- Primary Bedroom
Ceiling Fan(s)
- Kitchen
Open to Family Room
Price history
| Date | Event | Price | Change |
|---|---|---|---|
| Aug 15, 2026 | Back On Market | — | |
| Aug 14, 2026 | Hold | — | |
| Jul 9, 2026 | New Listing | — |
Taxes
Schools
School Info
- District
- Austin ISD
- Elementary
- Mathews
- Middle
- O Henry
- High
- Austin
Maps
Financing
Your preferences
- 20% down
- Conv/Jumbo
- 30 years
- 6.50% rate
Saved on this device
Estimated monthly payment
$2,753 / mo
20% down · 6.50% interest · 30-year fixed
Estimated monthly payment $2,753
- Principal & interest
- $1,815
- Property taxes
- $639
- Homeowners insurance
- $299
*PITI only
These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.
| Year | Starting balance | Principal paid | Interest paid | Ending balance | Principal vs interest |
|---|---|---|---|---|---|
| 1 | $287,200 | $3,210 | $18,573 | $283,990 | |
| 2 | $283,990 | $3,425 | $18,358 | $280,565 | |
| 3 | $280,565 | $3,654 | $18,129 | $276,910 | |
| 4 | $276,910 | $3,899 | $17,884 | $273,011 | |
| 5 | $273,011 | $4,160 | $17,623 | $268,851 | |
| 6 | $268,851 | $4,439 | $17,345 | $264,412 | |
| 7 | $264,412 | $4,736 | $17,047 | $259,675 | |
| 8 | $259,675 | $5,053 | $16,730 | $254,622 | |
| 9 | $254,622 | $5,392 | $16,392 | $249,230 | |
| 10 | $249,230 | $5,753 | $16,031 | $243,477 |
- Year 1$283,990
- Principal paid
- $3,210
- Interest paid
- $18,573
- Starting balance
- $287,200
- Year 2$280,565
- Principal paid
- $3,425
- Interest paid
- $18,358
- Starting balance
- $283,990
- Year 3$276,910
- Principal paid
- $3,654
- Interest paid
- $18,129
- Starting balance
- $280,565
- Year 4$273,011
- Principal paid
- $3,899
- Interest paid
- $17,884
- Starting balance
- $276,910
- Year 5$268,851
- Principal paid
- $4,160
- Interest paid
- $17,623
- Starting balance
- $273,011
- Year 6$264,412
- Principal paid
- $4,439
- Interest paid
- $17,345
- Starting balance
- $268,851
- Year 7$259,675
- Principal paid
- $4,736
- Interest paid
- $17,047
- Starting balance
- $264,412
- Year 8$254,622
- Principal paid
- $5,053
- Interest paid
- $16,730
- Starting balance
- $259,675
- Year 9$249,230
- Principal paid
- $5,392
- Interest paid
- $16,392
- Starting balance
- $254,622
- Year 10$243,477
- Principal paid
- $5,753
- Interest paid
- $16,031
- Starting balance
- $249,230
Nearby
Courtesy of Keller Williams Realty · (512) 448-4111
Listings courtesy of ACTRIS as distributed by MLS GRID.