
Milago Condominiums 54 Rainey St Unit 1203 Austin, TX 78701
Rainey Street Historic District NeighborhoodHighlights
- Concierge
- Fitness Center
- Spa
- Mathews Elementary School Rated A
- Gated with Attendant
- 4-minute walk to Waller Beach at Town Lake Metropolitan Park
About This Home
As of April 2025LOWEST PRICE ONE BEDROOM/ONE BATH + DEN (and per sqft) IN THE BUILDING AND IN IMMACULATE CONDITION! This property was rarely used as a secondary home. Discover Your Urban Oasis at Milago Condos in the heart of Downtown Austin. Milago was the first downtown waterfront building on Rainey Street. This meticulously cared for 865sqft one-bedroom, one-bath condo with a den offers the perfect blend of sophistication and comfort. With large windows to let in natural light and an open concept kitchen, living and dining, the property provides a tranquil escape from the bustling urban landscape. The community features many amenities including a rooftop pool and hot tub with grills overlooking Lady Bird Lake and the beautiful downtown skyline, a landscaped courtyard on the 3rd floor with additional grilling area, conference room, or entertain guests in the stylishly appointed clubroom. With a state-of-the-art fitness center and 24-hour concierge service, Milago ensures your easy living coupled with upscale amenities. Experience the best of Austin living right outside your door. Immerse yourself in the vibrant culture of Rainey Street, where eclectic dining, lively bars, and entertainment options abound. Explore the trails of Lady Bird Lake right outside your building, kayak or paddle on the lake, or catch a live music performance on Sixth Street – the possibilities are endless. Don't miss this rare opportunity to own a piece of Austin's dynamic lifestyle. Schedule your private tour of Milago Condos today and discover the urban oasis you've been searching for.
Last Agent to Sell the Property
eXp Realty, LLC Brokerage Phone: (512) 659-3898 License #0538540 Listed on: 02/06/2025

Property Details
Home Type
- Condominium
Est. Annual Taxes
- $9,359
Year Built
- Built in 2005
Lot Details
- East Facing Home
- Property is in excellent condition
HOA Fees
- $668 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Assigned Parking
- Community Parking Structure
Home Design
- Slab Foundation
- Masonry Siding
Interior Spaces
- 865 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Ceiling Fan
- Shutters
- Washer and Dryer
Kitchen
- Open to Family Room
- Free-Standing Electric Range
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
- Walk-In Closet
- 1 Full Bathroom
- Garden Bath
Schools
- Mathews Elementary School
- O Henry Middle School
- Austin High School
Utilities
- Central Heating and Cooling System
- Cable TV Available
Additional Features
- No Interior Steps
- Spa
Listing and Financial Details
- Assessor Parcel Number 02030314090000
Community Details
Overview
- Association fees include common area maintenance, security, trash
- Milago HOA
- Milago Condo Amd Subdivision
Amenities
- Concierge
- Community Barbecue Grill
- Meeting Room
- Community Mailbox
Recreation
Security
- Gated with Attendant
- Controlled Access
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Similar Homes in Austin, TX
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | -- | None Listed On Document | |
Interfamily Deed Transfer | -- | Trt | |
Special Warranty Deed | -- | Alamo Title Company |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $291,750 | New Conventional |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/11/2025 04/11/25 | Sold | -- | -- | -- |
03/10/2025 03/10/25 | Price Changed | $389,000 | -13.4% | $450 / Sq Ft |
02/06/2025 02/06/25 | For Sale | $449,000 | -- | $519 / Sq Ft |
Tax History Compared to Growth
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 | $9,359 | $575,983 | $162,623 | $413,360 |
2022 | $11,449 | $543,093 | $162,623 | $380,470 |
2021 | $8,749 | $401,961 | $81,312 | $320,649 |
2020 | $7,464 | $348,000 | $58,544 | $289,456 |
2018 | $7,970 | $360,000 | $48,788 | $311,212 |
2017 | $8,006 | $359,000 | $48,788 | $310,212 |
2016 | $7,850 | $352,000 | $48,788 | $303,212 |
2015 | $7,687 | $335,000 | $48,787 | $286,213 |
2014 | $7,687 | $329,743 | $48,787 | $280,956 |
Agents Affiliated with this Home
-
N
Seller's Agent in 2025
Noa Levy
eXp Realty, LLC
(512) 659-3898
1 in this area
23 Total Sales
-
E
Buyer's Agent in 2025
Elizabeth Green
eXp Realty, LLC
(512) 825-6002
1 in this area
6 Total Sales
About Milago Condominiums
Map
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 4535376

APN: 719736
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