$1,100,000
$50K PRICE DROP

Estimated payment $8,682/month

Total Views 4,323
3 Beds
2.5 Baths
1,956 Sq Ft
$562 Price per Sq Ft

Highlights

  • Concierge
  • Lake Front
  • Building Security
  • Mathews Elementary School Rated A
  • Fitness Center
  • 4-minute walk to Waller Beach at Town Lake Metropolitan Park

About This Home

You want VIEWS? This condo has VIEWS! The Milago Condominium is a jewell located on Lady Bird Lake and Trail. It has Downtown and lake VIEWS, 1956 sf, a large study/bedroom, 2 more bedrooms, 2 1/2 bathrooms and 2 balconies. Originally had it listed as a 2 bedroom but the huge study could certainly be a bedroom. Plenty of room to add a closet. It offers a modern living experience featuring an open-concept design with beautiful finishes, rare operable windows flooding the interiors with natural light creating a bright and airy feel. This unique unit has 2 private balconies with expansive views of Downtown Austin and Lady Bird Lake. The open kitchen has sleek contemporary cabinetry with soft-close cabinets and drawers perfect for everyday living and entertaining. Primary bedroom has its own balcony and huge spa-like bathroom and a large primary custom closet. The secondary bedroom has its own ensuite bath. The study is very large and can serve as a guest bedroom, office or media room. This is elevated living in downtown Austin with the serenity of living on the lake and trail blending the tranquility of nature with the conveniences of modern living. Milago offers luxury amenities such as the rooftop pool and spa, grills on the roof and on the 3rd floor terrace, a first floor lounge open to a ground level patio facing the lake and trail, a 3rd floor club room and fitness center, bike storage and lush green space all around the building. Milago offers modern connectivity to downtown Austin. With its proximity to Lady Bird Lake and Trail, downtown Austin and world-class restaurants and live music, this Milago Condominium offers an exceptional opportunity to experience the best of both worlds in one of Austin’s most treasured neighborhoods - The Rainey Street Historical District. This condo comes with 2 Reserved Parking spaces A106 and A107 and Storage Space #70. If you are looking for views, modern luxury and urban convenience...this is it!

Last Listed By

Joanne Flynn

Lux Haus Realty Brokerage Phone: (512) 770-6300 License #0421993 Listed on: 01/27/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,315

Year Built

  • Built in 2006

Lot Details

  • Lake Front
  • Northwest Facing Home
  • Landscaped
  • Many Trees

HOA Fees

  • $1,511 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Gated Parking
  • Secured Garage or Parking
  • Assigned Parking
  • Community Parking Structure

Property Views

  • Hills

Home Design

  • Brick Exterior Construction
  • Pillar, Post or Pier Foundation
  • Built-Up Roof
  • Stone Siding
  • Stucco

Interior Spaces

  • 1,956 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Storage
  • Stacked Washer and Dryer

Kitchen

  • Gourmet Kitchen
  • Breakfast Bar
  • Built-In Electric Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • Double Vanity
  • Hydromassage or Jetted Bathtub
  • Separate Shower

Home Security

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Spa
  • Covered patio or porch

Schools

  • Mathews Elementary School
  • O Henry Middle School
  • Austin High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 54 Rainey St #1018

Community Details

Overview

  • Association fees include common area maintenance, ground maintenance, maintenance structure, parking, security
  • Milago Condominium Association
  • Milago Condominium Subdivision
  • Lock-and-Leave Community
  • Community Lake

Amenities

  • Concierge
  • Rooftop Deck
  • Sundeck
  • Community Barbecue Grill
  • Common Area
  • Recycling
  • Business Center
  • Meeting Room
  • Lounge
  • Package Room
  • Community Mailbox
  • Community Storage Space

Recreation

  • Park
  • Trails

Security

  • Building Security
  • Resident Manager or Management On Site
  • Card or Code Access
  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,315

Year Built

Built in 2006

Lot Details

0

HOA Fees

$1,511 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 2006
  • Additional Parcels: No
  • Direction Faces: Northwest
  • Directions: At the south end of Rainey St on the right. Guest Garage to the right of the front entrance.
  • Disclosures: Seller Disclosure
  • Fencing: None
  • Garage Spaces: 2
  • Green Energy Efficient: Windows
  • Green Sustainability: None
  • Levels: One
  • Living Area: 1956
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Attribution Contact: (512) 770-6300
  • ETJ Extra Territorial Jurdn: See Remarks
  • Estimated Taxes: 12107.00
  • FEMA Flood Plain: See Remarks
  • Restrictions: Covenant,See Remarks
  • Tax Exemptions: See Remarks
  • Unit Style: High Rise (8-13 Stories),Single level Floor Plan,Elevator,End Unit
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), High Ceilings, Quartz Counters, Double Vanity, Open Floorplan, Primary Bedroom on Main, Stackable W/D Connections, Storage, Walk-In Closet(s)
  • View: City, Downtown, Hill Country, Lake, Skyline, See Remarks
  • Flooring: Tile, Wood
  • Accessibility Features: See Remarks
  • Appliances: Built-In Electric Oven, Built-In Electric Range, Built-In Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer/Dryer Stacked, Electric Water Heater
  • Main Level Bedrooms: 3
  • Property Condition: Resale
  • Security Features: Building Security, Fire Alarm, Fire Sprinkler System, Key Card Entry, Secured Garage/Parking, Smoke Detector(s)
  • Window Features: Blinds, Window Coverings, Window Treatments
  • ResoLivingAreaSource: Builder
  • Laundry Location: In Hall,Laundry Closet
  • Num Dining: 1
  • Num Living: 2

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms: 3

Exterior Features

  • Exterior Features: Balcony
  • Roof: Built-Up
  • Foundation: Pillar/Post/Pier
  • Patio And Porch Features: Covered
  • Pool Features: See Remarks
  • Private Pool: No
  • Water Body Name: Lady Bird Lake
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

  • Total Covered Spaces: 2
  • Parking Features: Assigned, Garage, Gated
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, See Remarks
  • Heating: Central, Electric
  • Water Source: Public
  • Cooling: Central Air, Electric

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Maintenance Grounds, Maintenance Structure, Parking, Security
  • Association Fee Frequency: Monthly
  • Association Fee: 1511

Association/Amenities

  • Association Name: Milago Condominium
  • Association: Yes
  • Community Features: BBQ Pit/Grill, Bike Storage/Locker, Business Center, Cluster Mailbox, Common Grounds, Concierge, Conference/Meeting Room, Controlled Access, Curbs, Electronic Payments, Fitness Center, Garage Parking, Gated, Lake, Lock and Leave, Lounge, Package Service, Park, Pool, Property Manager On-Site, Recycling Area/Center, Rooftop Lounge, Hot Tub, Storage, Street Lights, Sundeck, Trail(s)

Schools

  • Elementary School: Mathews
  • High School: Austin
  • Middle/Junior School: O Henry
  • Junior High Dist: Austin ISD

Lot Info

  • Lot Features: Landscaped, Level, Many Trees, Views
  • Parcel Number: 54 Rainey St #1018
  • Subdivision Name: Milago Condominium
  • Special Assessment: No

Building Info

  • Construction Materials: Brick, Stone, Stucco
  • New Construction: No

Tax Info

  • Tax Year: 2024
  • Tax Rate: 1.98180000000000

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $12,315 $948,640 $0 $0
2022 $21,846 $862,400 $0 $0
2021 $17,065 $784,000 $183,945 $600,055
2020 $19,441 $906,400 $132,441 $773,959
2018 $18,841 $851,000 $110,367 $740,633
2017 $17,618 $790,000 $110,367 $679,633
2016 $16,771 $752,000 $110,367 $641,633
2015 $14,822 $710,000 $110,367 $599,633
2014 $14,822 $663,280 $110,367 $552,913
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2025 04/06/25 Price Changed $1,100,000 -4.3% $562 / Sq Ft
01/27/2025 01/27/25 For Sale $1,150,000 +41.1% $588 / Sq Ft
10/15/2020 10/15/20 Sold -- -- --
09/25/2020 09/25/20 Off Market -- -- --
09/15/2020 09/15/20 Price Changed $815,000 -1.2% $417 / Sq Ft
08/21/2020 08/21/20 For Sale $825,000 +13.2% $422 / Sq Ft
11/21/2013 11/21/13 Sold -- -- --
11/12/2013 11/12/13 Pending -- -- --
10/07/2013 10/07/13 Price Changed $729,000 -1.5% $373 / Sq Ft
09/17/2013 09/17/13 Price Changed $740,000 -1.3% $378 / Sq Ft
08/23/2013 08/23/13 For Sale $750,000 -- $383 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Heritage Title
Warranty Deed -- Itc
Special Warranty Deed -- Alamo Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $548,250 New Conventional
Previous Owner $424,200 Commercial
Previous Owner $50,000 Commercial
Source: Public Records

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Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 9115496

Unlock MLS (Austin Board of REALTORS®)

APN: 719708