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ActiveMLS #7555409

54 Rainey ST # 920, Austin TX 78701

Austin, TX 78701 · Milago Condo Amd

Condominium for sale in Milago Condo Amd

1Bedrooms
1Bathrooms
750Square Ft
0.00Acres
1Garage
2005Year Built
Open Sun 12–3pmNew
1 / 24
$475,000

Overview

Property Description

Enjoy a front-row seat to Lady Bird Lake from this ninth-floor residence at Milago, where panoramic water views and abundant natural light create an inviting retreat in the heart of downtown Austin. Expansive windows frame the lake from nearly every room, while a private balcony extends the living space outdoors, offering a beautiful setting to take in the views and enjoy the waterfront surroundings. Streamlined for comfort and convenience, Unit 920 features an open, efficient floor plan that makes the most of its space and exceptional setting. Whether enjoyed as a full-time residence, weekend getaway or lock-and-leave retreat, the home offers an appealing balance of urban living and everyday comfort. Milago's amenities further enhance the experience, with a rooftop pool offering sweeping views of the lake and downtown skyline, a fitness center, concierge services and inviting common areas. Just outside the building, the Lady Bird Lake hike-and-bike trail invites morning walks, afternoon bike rides and easy access to Austin's waterfront parks and green spaces. In the other direction, the vibrant Rainey Street District offers an eclectic collection of restaurants, coffee shops and entertainment, all within easy walking distance. With its exceptional waterfront location, captivating lake views and proximity to downtown Austin's dining, entertainment and cultural destinations, Milago Unit 920 offers a distinctive opportunity to enjoy the best of Austin's urban and outdoor lifestyles.

Financial Info
Price
$475,000
$ / Sqft
$633
HOA
Yes - Mandatory / $622.22 / Monthly
HOA Name
Milago Condominiums
HOA Includes
Common Area Maintenance, Insurance, Landscaping, Maintenance Structure
Tax Rate
2.14486%
Est. Taxes
$7,009.73
Tax Year
2026
Exemptions
None
Legal Info
Address
54 Rainey ST # 920
County
Travis
City
Austin
State
TX
Zip
78701
Subdivision
Milago Condo Amd
Legal Description
UNT 920 MILAGO CONDOMINIUMS AMENDED PLUS .285 % INT IN COM AREA
Parcel
02030313610000
Interior Features
Floor
Vinyl
Num Living
1
Dining
1
Kitchen
Breakfast Bar, Granite Counters
Appliances
Dishwasher, Disposal, Microwave, Free-Standing Range, Refrigerator, Washer/Dryer Stacked
Laundry
In Unit
Master Bed
Primary Bedroom on Main, Walk-In Closet(s)
Master Main
Yes
Fireplace Description
None
Interior Features
Breakfast Bar, No Interior Steps, Primary Bedroom on Main, Track Lighting, Walk-In Closet(s), Granite Counters, Building Security, Key Card Entry, Prewired, Secured Garage/Parking, Security System, 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
750 / Public Records
Garages
1
Garage Desc
Reserved
Foundation
Slab
Roof
See Remarks
Construction
See Remarks
Acres
0.00
Lot Description
Back to Park/Greenbelt, Views
Restrictions
Covenant
Flood Plain
No
View
City, Lake, Panoramic, Park/Greenbelt, River
Water Access
Yes
Waterfront
Yes
Area
DT
Utility Info
Water
Public
Sewer
Public Sewer
Utilities
Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected
Heat
Central
A C
Central Air
Exterior Features
Fence
None
Exterior Features
Balcony, Boat Ramp, Covered, Patio
Pool On Property
Yes
Area Amenities
Bike Storage/Locker, Clubhouse, Concierge, Fitness Center, Garage Parking, Park, Pet Amenities

Price history

Days on market
$475,000
List price
0
Price reductions
Active
Since Oct 15, 2026
Property history1 event
DateEventPriceChange
Oct 16, 2026New Listing

Taxes

2026 Estimated Property Taxes

TCAD account 719686

Uses rates from the supplied 2026 TCAD package. The file does not identify adopted or proposed status.

2026 taxing entities, rates per $100, taxable values and estimated taxes
Taxing EntityRate per $100Taxable ValueEstimated Tax
AUSTIN COMM COLL DIST0.103400$330,482$341.72
AUSTIN ISD0.925200$330,482$3,057.62
CITY OF AUSTIN0.524017$330,482$1,731.78
TRAVIS COUNTY0.375845$330,482$1,242.10
TRAVIS COUNTY HEALTHCARE DISTRICT0.118023$330,482$390.04
Ordinary property tax estimate2.046485$6,763.26

Informational estimate, not a tax bill or taxes paid. Exemptions and tax ceilings can make taxes differ from the combined rate multiplied by one taxable value. PID assessments and other special charges are excluded; collector coverage has not been established.

Source: Travis County

Historical Tax Summary

Annual taxes billed are the Tax Imposed amounts reported in the latest available Travis Tax Office statement. Exemptions and tax ceilings may prevent combined rate × taxable value from equaling the billed amount. Other collectors or assessments may not be included.

YearAppraised ValueCombined Rate per $100Annual Taxes Billed
2025—2.046485$7,259.15
2024—1.981814$9,047.42
2023—1.809247$9,733.05
2022—1.974923$10,048.71
2021—2.176679$9,128.99
2020—2.226665$7,943.24

Source: Travis County

Combined rates exclude PID placeholder rates. Historical amounts reflect the statement’s snapshot and may change after later corrections; they do not describe payment status. Appraisal values come from the legacy CAD source.

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

List price $475,000
Down payment
Stays 20% if you change the price
Note rate, not APR
From this listing’s tax record
*Estimated only (1% of price / yr)

Estimated monthly payment

$3,382 / mo

20% down · 6.50% interest · 30-year fixed

Estimated monthly payment $3,382

Principal & interest
$2,402
Property taxes
$584
Homeowners insurance
$396

*PITI only

These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal vs interest
1$380,000$4,247$24,575$375,753
2$375,753$4,532$24,290$371,221
3$371,221$4,835$23,987$366,386
4$366,386$5,159$23,663$361,226
5$361,226$5,505$23,318$355,722
6$355,722$5,873$22,949$349,848
7$349,848$6,267$22,556$343,582
8$343,582$6,686$22,136$336,895
9$336,895$7,134$21,688$329,761
10$329,761$7,612$21,210$322,149
  • Year 1$375,753
    Principal paid
    $4,247
    Interest paid
    $24,575
    Starting balance
    $380,000
  • Year 2$371,221
    Principal paid
    $4,532
    Interest paid
    $24,290
    Starting balance
    $375,753
  • Year 3$366,386
    Principal paid
    $4,835
    Interest paid
    $23,987
    Starting balance
    $371,221
  • Year 4$361,226
    Principal paid
    $5,159
    Interest paid
    $23,663
    Starting balance
    $366,386
  • Year 5$355,722
    Principal paid
    $5,505
    Interest paid
    $23,318
    Starting balance
    $361,226
  • Year 6$349,848
    Principal paid
    $5,873
    Interest paid
    $22,949
    Starting balance
    $355,722
  • Year 7$343,582
    Principal paid
    $6,267
    Interest paid
    $22,556
    Starting balance
    $349,848
  • Year 8$336,895
    Principal paid
    $6,686
    Interest paid
    $22,136
    Starting balance
    $343,582
  • Year 9$329,761
    Principal paid
    $7,134
    Interest paid
    $21,688
    Starting balance
    $336,895
  • Year 10$322,149
    Principal paid
    $7,612
    Interest paid
    $21,210
    Starting balance
    $329,761
First 10 of 30 years

Nearby

Courtesy of Compass RE Texas, LLC · (512) 575-3644

Listings courtesy of ACTRIS as distributed by MLS GRID.