$1,603,095
RENTED SEP 20, 2024
2 Beds
2.5 Baths
2,418 Sq Ft
610 Sq Ft Lot

Last Sold March 12, 2021

Current estimated payment $11,096/month

Highlights

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

About This Home

As of September 2024

Experience unparalleled luxury in this stunning 2-bedroom, 2.5-bath condo, boasting panoramic views from three sides of the building that will simply take your breath away. Situated on the 11th floor, enjoy unbeatable views of the downtown skyline and Lady Bird Lake, placing you right in the heart of Austin’s vibrant offerings.

The chef’s kitchen is a culinary dream, featuring beautifully appointed appliances, a designer layout, a dedicated wine fridge, and ample storage space. The large, open entertaining area seamlessly extends to the balcony, providing a perfect spot to soak in the amazing views. Additionally, this condo includes a dedicated theater/media room—a rare find in downtown living!

The spacious primary bedroom is a retreat in itself, offering a luxury walk-in closet complete with a custom-built wardrobe storage system. No expense has been spared in ensuring top-tier comfort and style.

Beyond the condo’s exceptional features, the building itself offers world-class amenities such as a rooftop pool, a fully equipped gym, and many other exclusive features that set it apart.

Last Agent to Rent the Property

LaRhonda McBeth

Keyrenter Property Management Brokerage Phone: (512) 596-0055 License #0747985 Listed on: 07/03/2024

Last Renter's Agent

Trey Phillips

Moreland Properties License #0489531

Moreland Properties

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $28,326

Year Built

  • Built in 2005

Lot Details

  • Lake Front
  • West Facing Home
  • Gated Home

Parking

  • 2 Car Garage
  • Parking Storage or Cabinetry
  • Side by Side Parking
  • Secured Garage or Parking
  • Assigned Parking

Property Views

  • Panoramic

Home Design

  • Slab Foundation
  • Masonry Siding

Interior Spaces

  • 2,418 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Bookcases
  • Ceiling Fan
  • Double Pane Windows
  • Low Emissivity Windows
  • Entrance Foyer
  • Multiple Living Areas
  • Storage
  • Washer and Dryer

Kitchen

  • Breakfast Bar
  • Built-In Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • Double Vanity

Eco-Friendly Details

  • Sustainability products and practices used to construct the property include onsite recycling center
  • Energy-Efficient Appliances

Pool

  • Roof Top Pool
  • Spa

Outdoor Features

Schools

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

Utilities

  • Central Heating and Cooling System
  • Private Sewer
  • High Speed Internet

Listing and Financial Details

  • Security Deposit $4,837
  • Tenant pays for all utilities
  • The owner pays for association fees
  • 12 Month Lease Term
  • $75 Application Fee
  • Assessor Parcel Number 02030314060000

Community Details

Overview

  • Property has a Home Owners Association
  • 1,122 Units
  • Milago Condo Amd Subdivision
  • Property managed by Keyrenter Property Management
  • Lock-and-Leave Community

Amenities

  • Concierge
  • Rooftop Deck
  • Community Barbecue Grill
  • Community Kitchen
  • Lounge
  • Package Room
  • Community Storage Space

Recreation

  • Trails

Security

  • Card or Code Access

Condo Details

Home Type

Condominium

Est. Annual Taxes

$28,326

Year Built

Built in 2005

Lot Details

0

Parking

2

Rental Info

  • Owner Pays: Association Fees
  • Tenant Pays: All Utilities, See Remarks
  • Pets Allowed: No
  • Available Date: 2024-07-03
  • App Deposit Payable To: Keyrenter Property Management
  • App Fee Payable To: Keyrenter Property Management
  • Application Fee: 75
  • Application Policy: Best Qualified Application
  • Application Required: See Online App
  • First Month Rent Payable To: Broker
  • Max Numof Pets: 0
  • Monthly Pet Rent: 0
  • Pet Deposit: 0
  • Max Lease Months: 24
  • Online App Instructions: www.keyrenteraustin.com/apply
  • Online App Instructions Public: www.keyrenteraustin.com/apply
  • App Delivery To: www.keyrenteraustin.com/apply

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Year Built: 2005
  • Direction Faces: West
  • Directions: From Cesar Chavez, S on Red River, E on Driskill, S on Rainey. Milago is at the end of the street on the right. There is street parking in front, visitor parking in garage, or across the street in the public garage.
  • Disclosures: None
  • Fencing: Gate
  • Garage Spaces: 2
  • Green Energy Efficient: Appliances
  • Green Sustainability: Onsite Recycling Center
  • Lease Term: 12 Months
  • Levels: One
  • Living Area: 2418
  • Other Structures: None
  • Attribution Contact: (512) 596-0055
  • Attribution Contact: (512) 596-0055
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Unit Style: High Rise (8-13 Stories),Single level Floor Plan,Elevator,End Unit
  • Complex Name: Milago
  • Smoking Inside YN: 0
  • Move In Special Description: The owner will cover the New Tenant Orientation and Move-in fee, a $400 value. The owner will cover the New Tenant Orientation and Move-in fee, a $400 value.
  • Special Features: None

Interior Features

  • Interior Amenities: Two Primary Suties, Bookcases, Breakfast Bar, Built-in Features, Ceiling Fan(s), Granite Counters, Double Vanity, Entrance Foyer, Multiple Living Areas, Storage, Walk-In Closet(s)
  • View: City Lights, Downtown, Lake, Panoramic, Skyline, Water
  • Flooring: Tile, Wood
  • Accessibility Features: None
  • Appliances: Built-In Electric Oven, Dishwasher, Disposal, Electric Cooktop, Microwave, Refrigerator, Washer/Dryer, Wine Refrigerator
  • Main Level Bedrooms: 2
  • Property Condition: Resale
  • Security Features: Key Card Entry, Secured Garage/Parking
  • Window Features: Double Pane Windows, Low Emissivity Windows
  • ResoLivingAreaSource: PublicRecords
  • Laundry Location: In Unit,Laundry Closet
  • Num Dining: 1
  • Num Living: 1
  • Appliances Maintained: Dishwasher,Microwave Oven,Range/Oven/Stove,Refrigerator
  • Min Lease Months: 12

Beds/Baths

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

Exterior Features

  • Exterior Features: Balcony
  • Roof: See Remarks
  • Foundation: Slab
  • Pool Features: Rooftop Pool
  • Private Pool: Yes
  • Water Body Name: Lady Bird Lake
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

  • Total Covered Spaces: 2
  • Parking Features: Assigned, Side By Side, Storage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Private Sewer
  • Utilities: Electricity Available, High Speed Internet, Sewer Available, Water Available
  • Heating: Central
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Meter Description: Electric Separate,Gas Separate,Water Separate

Association/Amenities

  • Association: Yes
  • Community Features: BBQ Pit/Grill, Bike Storage/Locker, Concierge, Controlled Access, Fitness Center, Kitchen Facilities, Lock and Leave, Lounge, Package Service, Pool, Rooftop Lounge, Hot Tub, Storage, Walk/Bike/Hike/Jog Trail(s

Condo/Co-op/Association

  • Managed By: Property Manager
  • Management Company: Keyrenter Property Management

Schools

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

Lot Info

  • Lot Features: Level
  • Parcel Number: 02030314060000
  • Lot Size Acres: 0.014
  • Lot Size Sq Ft: 609.84
  • Subdivision Name: Milago Condo Amd

Building Info

  • Construction Materials: Masonry – All Sides
  • New Construction: No

Multi Family

  • Number Of Units Total: 1122
  • Management Co Phone: 512.596.2128

Tax Info

  • Tax Map Number: 1122
  • Tax Filled Sqft Total: 2418

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2021
Closed on
Mar 17, 2021
Sold by
Bernstein Sam and Bernstein Karen
Bought by
Ladybird Realty Llc
Seller's Agent
Audra Smith
AustinRealEstate.com
Buyer's Agent
Liz Chudej
Compass RE Texas, LLC
List Price
$1,649,000
Current Estimated Value
$1,603,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.74%

Purchase Details

Listed on
Feb 4, 2021
Closed on
Mar 12, 2021
Sold by
Simpson Wade and Mann Gordon T
Bought by
Bernstein Sam
Seller's Agent
Audra Smith
AustinRealEstate.com
Buyer's Agent
Liz Chudej
Compass RE Texas, LLC
List Price
$1,649,000

Purchase Details

Listed on
Jan 4, 2017
Closed on
Apr 10, 2017
Sold by
Stanger Dianna
Bought by
Simpson Wade and Mann Gordon T
Seller's Agent
Catherine Hanrahan
Lawrence Hanrahan
Buyer's Agent
Audra Smith
AustinRealEstate.com
List Price
$1,700,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.84%

Purchase Details

Listed on
Mar 14, 2013
Closed on
Jun 26, 2013
Sold by
Allen Traci Torbert and Torbert Traci
Bought by
Stanger Dianna
Seller's Agent
Scott Ungar
Ungar & Company
Buyer's Agent
Catherine Hanrahan
Lawrence Hanrahan
List Price
$1,148,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.31%
Original Mortgage
$875,000
Interest Rate
3.41%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 14, 2013
Closed on
Jun 7, 2013
Sold by
Whitacre Gregory C and Whitacre Ann C
Bought by
Allen Daron and Allen Traci
Seller's Agent
Scott Ungar
Ungar & Company
Buyer's Agent
Catherine Hanrahan
Lawrence Hanrahan
List Price
$1,148,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$875,000
Interest Rate
3.41%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 19, 2009
Sold by
Khanams Family Management Llc
Bought by
Torbert Traci and Allen Daron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
4.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 9, 2006
Sold by
Fairfield Rainey Lp
Bought by
Khanams Family Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$418,000
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Ladybird Realty Llc -- None Available
Bernstein Sam -- Heritage Title
Simpson Wade -- Independence Title Co
Stanger Dianna -- None Available
Allen Daron -- Heritage Title
Torbert Traci -- None Available
Khanams Family Management Llc -- Alamo Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Allen Daron $875,000
Previous Owner Torbert Traci $850,000
Previous Owner Khanams Family Management Llc $418,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2024 09/20/24 Rented $5,375 0.0% --
09/19/2024 09/19/24 Under Contract -- -- --
09/05/2024 09/05/24 Price Changed $5,375 -0.9% $2 / Sq Ft
08/09/2024 08/09/24 Price Changed $5,425 -4.0% $2 / Sq Ft
07/31/2024 07/31/24 Price Changed $5,650 -2.6% $2 / Sq Ft
07/03/2024 07/03/24 For Rent $5,800 +0.9% --
02/13/2023 02/13/23 Rented $5,750 0.0% --
02/08/2023 02/08/23 Under Contract -- -- --
11/02/2022 11/02/22 Price Changed $5,750 -27.7% $2 / Sq Ft
10/12/2022 10/12/22 For Rent $7,950 0.0% --
03/12/2021 03/12/21 Sold -- -- --
02/25/2021 02/25/21 Pending -- -- --
02/04/2021 02/04/21 For Sale $1,649,000 -3.0% $682 / Sq Ft
04/10/2017 04/10/17 Sold -- -- --
03/12/2017 03/12/17 Pending -- -- --
03/10/2017 03/10/17 Off Market -- -- --
01/14/2017 01/14/17 For Sale $1,700,000 +48.1% $703 / Sq Ft
06/26/2013 06/26/13 Sold -- -- --
06/07/2013 06/07/13 Pending -- -- --
05/09/2013 05/09/13 For Sale $1,148,000 0.0% $475 / Sq Ft
05/03/2013 05/03/13 Pending -- -- --
04/20/2013 04/20/13 Price Changed $1,148,000 -4.2% $475 / Sq Ft
03/14/2013 03/14/13 For Sale $1,198,000 -- $495 / 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 $28,326 $1,387,161 $455,153 $932,008
2023 $30,081 $1,662,629 $455,153 $1,207,476
2022 $34,446 $1,744,158 $455,153 $1,289,005
2021 $28,438 $1,306,486 $227,577 $1,078,909
2020 $30,629 $1,428,000 $163,856 $1,264,144
2018 $30,711 $1,387,132 $136,547 $1,250,585
2017 $23,662 $1,061,000 $136,547 $924,453
2016 $24,645 $1,105,070 $136,547 $968,523
2015 $24,028 $1,143,674 $136,546 $1,007,128
2014 $24,028 $1,009,661 $136,546 $873,115
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 7617219

Unlock MLS (Austin Board of REALTORS®)

APN: 719732