NOT LISTED FOR SALE

Milago Condominiums 54 Rainey St Unit 1109 Austin, TX 78701

Rainey Street Historic District Neighborhood

Estimated Value: $577,000 - $786,000

2 Beds
2 Baths
1,164 Sq Ft
305 Sq Ft Lot

Last Sold July 23, 2013

Current estimated payment $4,356/month

Highlights

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

About This Home

As of December 2020

This spectacular condo is located at the intersection of excitement and serenity. On lady bird lake and Rainey st, it gives you the option to walk DT, run along the hike and bike trail, and enjoy the restaurants, food trucks, and bars on Rainey St. Animal friendly, comes with two reserved parking spots, luxury amenities, secure 24hr concierge desk in the lobby, exercise facility, WIFI lounge, & the stunning rooftop pool/spa.
-Storage cage available upon request.
-See tenant criteria.Comm. Features: Health Club Discount Sprinkler Sys:Yes

Last Agent to Rent the Property

David Shapiro

eXp Realty, LLC License #0665170 Listed on: 08/03/2020

eXp Realty, LLC

Last Renter's Agent

Non Member

Non Member License #785011

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,031

Year Built

  • Built in 2005

Lot Details

  • Lake Front
  • East Facing Home

Parking

  • 2 Car Garage
  • Reserved Parking
  • Community Parking Structure

Property Views

  • Panoramic

Interior Spaces

  • 1,164 Sq Ft Home
  • 1-Story Property
  • Laundry closet

Kitchen

  • Self-Cleaning Convection Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Home Security

Accessible Home Design

  • No Interior Steps
  • Stepless Entry

Pool

  • In Ground Pool
  • In Ground Spa
  • Fence Around Pool

Outdoor Features

  • Property is near a lake
  • Outdoor Grill

Schools

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

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Separate Meters
  • Separate Water Meter
  • Electric Water Heater
  • High Speed Internet
  • Phone Available

Listing and Financial Details

  • Security Deposit $2,450
  • Tenant pays for cable TV, electricity, internet, water
  • No Smoking Allowed
  • 12-Month Min and 24-Month Max Lease Term
  • Negotiable Lease Term
  • $60 Application Fee
  • Assessor Parcel Number 02030313940000

Community Details

Overview

  • Property has a Home Owners Association
  • High-Rise Condominium
  • Milago Condo Amd Subdivision

Amenities

  • Concierge
  • Elevator

Recreation

  • Dog Park
  • Trails

Pet Policy

  • Pets allowed on a case-by-case basis
  • $15 Monthly Pet Rent
  • 2 Pets Allowed

Security

  • Gated Community
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$10,031

Year Built

Built in 2005

Lot Details

0

Parking

2

Rental Info

  • Additional Pet Fee: 300
  • App Deposit Payable To: Owner
  • App Fee Payable To: GoForRent
  • Application Fee: 60
  • Application Policy: Best Qualified Application
  • Application Required: See Online App
  • First Month Rent Payable To: Owner
  • Furnished: Unfurnished
  • Max Lease Months: 24
  • Max Numof Pets: 2
  • Min Lease Months: 12
  • Monthly Pet Rent: 15
  • Security Deposit: 2450
  • Tenant Pays: Cable TV, Electricity, Internet, Water
  • Per Person: Yes
  • Per Pet: No
  • Pets Allowed: Yes, Negotiable
  • Renters Insurance Required: Yes

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Unit Style: High Rise (8-13 Stories), Elevator
  • Building Area Total: 1164.00
  • Restrictions: None
  • Year Built: 2005
  • Additional Pet Fee Description: Per Pet
  • Administrative Fee Payable To: Agent
  • Certified Funds: Yes
  • Direction Faces: East
  • Directions: I-35 Frontage Road South, turn right onto River Rd. Take the round about to the third exit (essentially a left turn). Visitor parking is the 2nd garage on the right. Ask the concierge for a parking pass. If no spots are available look for street parking.
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: None
  • Garage Spaces: 2.00
  • Guest Accommodation Description: None
  • Housing Vouchers: No
  • Lease Guarantor: Yes
  • Lease Term: Negotiable
  • Levels: One
  • Living Area: 1164.00
  • Property Panorama: No
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Interior Amenities: Elevator, No Interior Steps, Primary Bedroom on Main
  • Laundry Location: Laundry Closet
  • View: City, Panoramic
  • Flooring: Carpet, Tile, Wood
  • Fireplace Features: None
  • Num Dining: 1
  • Num Living: 1
  • Accessibility Features: None
  • Appliances: Convection Oven, Dishwasher, Disposal, Electric Cooktop, Electric Range, ENERGY STAR Qualified Appliances, Exhaust Fan, Microwave, Refrigerator, Self Cleaning Oven, Water Heater-Electric
  • Appliances Maintained: Dishwasher, Disposal, Dryer, Microwave Oven, Range/Oven/Stove, Refrigerator, Washer, Water Heater
  • Main Level Bedrooms: 2
  • Security Features: Smoke Detector(s)
  • Smoking Inside: No
  • Spa Features: Hot Tub, In Ground

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms: 2
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Balcony, Elevator, Lake, No Exterior Steps
  • Patio And Porch Features: Barbecue
  • Pool Features: Fenced, In Ground, Pool/Spa Combo
  • Private Pool: Yes
  • View: Yes
  • Water Body Name: Lady Bird Lake
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

  • Total Covered Spaces: 2.00
  • Parking Features: Covered, Garage, Reserved

Utilities

  • Sewer: Public Sewer
  • Utilities: Internet-Cable, Other, Phone Available, See Remarks
  • Heating: Central
  • Meter Description: Electric Separate, Water Separate
  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

  • Managed By: Owner

Association/Amenities

  • Association: Yes
  • Community Features: Bike Storage/Locker, Concierge, Dog Park, Fitness Center, Garage Parking, Gated, High Speed Internet, Walk/Bike/Hike/Jog Trail(s

Fee Information

  • Administration Fee: 250

Schools

  • School District: Austin ISD
  • School District: Austin ISD
  • Elementary School: Mills
  • Middle School: O Henry
  • High School: Austin
  • Elementary School: Mills
  • High School: Austin
  • Middle/Junior School: O Henry

Lot Info

  • Lot Features: None
  • Parcel Number: 02030313940000
  • Lot Size Acres: 0.0070
  • Lot Size Sq Ft: 304.92
  • Subdivision Name: Milago Condo Amd

Building Info

  • Construction Materials: None

Tax Info

  • Tax Filled Sqft Total: 1164

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2013
Closed on
Jul 23, 2013
Sold by
Williams Meghan Quinn and Williams Christopher
Bought by
Bennett Jamin
Seller's Agent
Christopher Matthews
Austin Home Seekers
List Price
$399,900
Current Estimated Value
$664,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.44%
Original Mortgage
$312,400
Outstanding Balance
$227,832
Interest Rate
3.99%
Mortgage Type
Commercial
Estimated Equity
$436,219

Purchase Details

Closed on
Jan 28, 2008
Sold by
Knisely Brad B
Bought by
Quinn Meghan Elizabeth and Knisely Meghan Quinn

Purchase Details

Closed on
Sep 26, 2006
Sold by
Fairfield Rainey Lp
Bought by
Knisely Brad B and Knisely Meghan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,630
Interest Rate
5.87%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bennett Jamin -- Austin Title Company
Quinn Meghan Elizabeth -- None Available
Knisely Brad B -- Alamo Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bennett Jamin $312,400
Previous Owner Knisely Brad B $238,630
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/16/2020 12/16/20 Rented $2,349 0.0% --
11/16/2020 11/16/20 Price Changed $2,349 -2.1% $2 / Sq Ft
09/29/2020 09/29/20 Price Changed $2,399 -2.1% $2 / Sq Ft
08/24/2020 08/24/20 Price Changed $2,450 -2.0% $2 / Sq Ft
08/13/2020 08/13/20 Price Changed $2,500 -2.0% $2 / Sq Ft
08/03/2020 08/03/20 For Rent $2,550 +4.1% --
08/11/2017 08/11/17 Rented $2,450 0.0% --
07/24/2017 07/24/17 Price Changed $2,450 -3.0% $2 / Sq Ft
07/15/2017 07/15/17 Price Changed $2,525 -3.8% $2 / Sq Ft
06/02/2017 06/02/17 Price Changed $2,625 -5.4% $2 / Sq Ft
05/05/2017 05/05/17 For Rent $2,775 0.0% --
07/10/2016 07/10/16 Rented $2,775 -2.6% --
07/08/2016 07/08/16 Under Contract -- -- --
05/23/2016 05/23/16 For Rent $2,850 0.0% --
07/23/2013 07/23/13 Sold -- -- -- View Prior Sale
06/16/2013 06/16/13 Pending -- -- --
06/08/2013 06/08/13 For Sale $399,900 -- $344 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Tax History Compared to Growth

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
2025 $10,031 $583,217 $219,150 $364,067
2023 $9,245 $616,858 $0 $0
2022 $11,075 $560,780 $0 $0
2021 $11,097 $509,800 $109,575 $400,225
2020 $10,851 $505,900 $78,894 $427,006
2018 $10,782 $487,000 $65,745 $421,255
2017 $10,303 $462,000 $65,745 $396,255
2016 $9,779 $438,500 $65,745 $372,755
2015 $8,779 $435,827 $65,745 $381,183
2014 $8,779 $396,206 $65,745 $330,461
Source: Public Records

Agents Affiliated with this Home

  • David Shapiro

    Landlord's Agent in 2020

    David Shapiro

    eXp Realty, LLC

    (512) 893-7330

    1 in this area

    64 Total Sales

    David Shapiro
    Section Image

  • N

    Tenant's Agent in 2020

    Non Member

    Non Member

  • George Vance McGee

    Buyer's Agent in 2017

    George Vance McGee

    Austin Silent Market

    (512) 789-0900

    28 Total Sales

    George Vance McGee
    Section Image
  • Christopher Matthews

    Seller's Agent in 2013

    Christopher Matthews

    Austin Home Seekers

    (512) 703-7416

    2 in this area

    147 Total Sales

    Christopher Matthews
    Section Image
See All Agents

About Milago Condominiums

Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 2000074

Unlock MLS (Austin Board of REALTORS®)

APN: 719721

Texas Travis County Austin 78701 Rainey Street Historic District

54 Rainey St Unit 1109, Austin, TX

This home is located at 54 Rainey St Unit 1109, Austin, TX 78701 since 03 August 2020 and is currently priced at $664,051. This property was built in 2005. 54 Rainey St Unit 1109 is a home located in Travis County with nearby schools including Mathews Elementary School, Austin High School, and City School.

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