Seller's Agent in 2025
Michael McNamra
West and Swope Ranches
(512) 940-0543
6 Total Sales
Last list price
Milago Condominiums 54 Rainey St Unit 314 Austin, TX 78701
Rainey Street Historic District Neighborhood
2
Beds
2
Baths
1,164
Sq Ft
$594/mo
HOA Fee
Highlights
- Concierge
- Lake Front
- Two Primary Bedrooms
- Mathews Elementary School Rated A
- Fitness Center
- 4-minute walk to Waller Beach at Town Lake Metropolitan Park
About This Home
As of June 2021A true gem right in the heart of the Rainey District! Fantastic 2-bedroom, 2-bath lakefront condo on the 3rd floor of the Milago! Water-facing and just steps from Ladybird Lake, the hike-and-bike trail, restaurants, bars, and all the fun and convenience that downtown Austin has to offer. Ready for move-in with many recent updates including new flooring, interior paint, lighting and ceiling fans, kitchen backsplash and range. Open light-filled space with huge private patio and easy access to common spaces and walking/running/biking trail. Well-lit kitchen offers stainless appliances, crisp granite countertops, a center island, and lots of cabinetry for storage. Primary bedroom with ensuite bath, double vanities, oversized soaker tub, separate shower, and a large walk-in closet with built-ins. Secondary bedroom can easily duo as a home office or second living space. Great Milago amenities include pool, gym, club room and WiFi lounge. Two assigned spots in the private Milago parking garage. Easy lock-and-leave! All appliances convey, including washer/dryer and frig. This is urban Austin living at its best!
Last Agent to Sell the Property
Michael Spickes
eXp Realty, LLC License #0504854 Listed on: 05/14/2021
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $12,750
Year Built
- Built in 2005
Lot Details
- Lake Front
- West Facing Home
- Gated Home
- Property is in good condition
HOA Fees
- $594 Monthly HOA Fees
Parking
- 2 Car Garage
- Garage Door Opener
- Assigned Parking
Property Views
Home Design
- Slab Foundation
- Concrete Roof
- Masonry Siding
Interior Spaces
- 1,164 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Bar
- Ceiling Fan
- Blinds
- Prewired Security
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Electric Range
- Free-Standing Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Granite Countertops
- Disposal
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Double Master Bedroom
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Schools
- Mathews Elementary School
- O Henry Middle School
- Austin High School
Additional Features
- No Interior Steps
- Uncovered Courtyard
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 02030312160000
Community Details
Overview
- Association fees include insurance, landscaping, sewer, trash
- Milago Association
- Milago Condo Amd Subdivision
- Lock-and-Leave Community
Amenities
- Concierge
- Community Barbecue Grill
- Courtyard
- Common Area
- Business Center
- Lounge
- Community Mailbox
Recreation
Security
- Controlled Access
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 14, 2021
Closed on
Jun 17, 2021
Sold by
54 Rainey 314 Llc
Bought by
Burke Lauren and Burke Jon
Seller's Agent
Michael Spickes
eXp Realty, LLC
Buyer's Agent
Megan Willis
Compass RE Texas, LLC
List Price
$609,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.27%
Original Mortgage
$366,300
Outstanding Balance
$331,639
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$310,916
Purchase Details
Listed on
Jun 12, 2017
Closed on
Oct 11, 2017
Sold by
Otte Patrick T and Otte Janet K
Bought by
54 Rainey 314 Llc
Seller's Agent
Deep Nasta
Deep In The Heart of Tx Realty
Buyer's Agent
Michael Spickes
eXp Realty, LLC
List Price
$549,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.14%
Purchase Details
Listed on
Jun 12, 2017
Closed on
Sep 15, 2017
Sold by
George Ariane
Bought by
Otte Patrick T and Otte Janet K
Seller's Agent
Deep Nasta
Deep In The Heart of Tx Realty
Buyer's Agent
Michael Spickes
eXp Realty, LLC
List Price
$549,900
Purchase Details
Listed on
Aug 31, 2012
Closed on
Sep 27, 2012
Sold by
Taylor Katrina and Taylor Jeff
Bought by
George Ariane
Seller's Agent
Nicole Popov
eXp Realty, LLC
Buyer's Agent
Kevin Burns
Urbanspace
List Price
$349,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.05%
Purchase Details
Closed on
May 30, 2006
Sold by
Fairfield Rainey Lp
Bought by
Le Katrina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,856
Interest Rate
6.5%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | Heritage Title | |
| Vendors Lien | -- | Alamo Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $366,300 | New Conventional | |
| Previous Owner | $225,856 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/22/2025 09/22/25 | For Sale | $735,000 | +20.7% | $631 / Sq Ft |
| 06/18/2021 06/18/21 | Sold | -- | -- | -- |
| 05/20/2021 05/20/21 | Pending | -- | -- | -- |
| 05/14/2021 05/14/21 | For Sale | $609,000 | +11.2% | $523 / Sq Ft |
| 09/15/2017 09/15/17 | Sold | -- | -- | -- |
| 08/30/2017 08/30/17 | Pending | -- | -- | -- |
| 08/02/2017 08/02/17 | Price Changed | $547,500 | -0.4% | $470 / Sq Ft |
| 07/13/2017 07/13/17 | For Sale | $549,900 | 0.0% | $472 / Sq Ft |
| 07/03/2017 07/03/17 | Off Market | -- | -- | -- |
| 06/28/2017 06/28/17 | For Sale | $549,900 | 0.0% | $472 / Sq Ft |
| 06/16/2017 06/16/17 | Pending | -- | -- | -- |
| 06/12/2017 06/12/17 | For Sale | $549,900 | +57.2% | $472 / Sq Ft |
| 09/27/2012 09/27/12 | Sold | -- | -- | -- |
| 09/01/2012 09/01/12 | Pending | -- | -- | -- |
| 08/31/2012 08/31/12 | For Sale | $349,900 | -- | $301 / Sq Ft |
Source: Unlock MLS (Austin Board of REALTORS®)
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 |
|---|---|---|---|---|
| 2025 | $12,750 | $577,317 | $219,150 | $358,167 |
| 2023 | $12,750 | $760,868 | $219,150 | $541,718 |
| 2022 | $14,252 | $721,625 | $219,150 | $502,475 |
| 2021 | $13,056 | $599,818 | $109,575 | $490,243 |
| 2020 | $12,432 | $579,608 | $78,894 | $500,714 |
| 2018 | $12,261 | $553,784 | $65,745 | $488,039 |
| 2017 | $12,156 | $545,060 | $65,745 | $479,315 |
| 2016 | $11,339 | $508,424 | $65,745 | $442,679 |
| 2015 | $10,452 | $496,528 | $65,745 | $430,783 |
| 2014 | $10,452 | $439,206 | $65,745 | $373,461 |
Source: Public Records
Agents Affiliated with this Home
-
Michael McNamra
-
M
Seller's Agent in 2021
Michael Spickes
eXp Realty, LLC
-
Stacy Spickes
S
Seller Co-Listing Agent in 2021
Stacy Spickes
eXp Realty, LLC
(512) 517-8206
1 in this area
37 Total Sales
-
Megan Willis
Buyer's Agent in 2021
Megan Willis
Compass RE Texas, LLC
(512) 923-7619
1 in this area
24 Total Sales
-
Deep Nasta
Seller's Agent in 2017
Deep Nasta
Deep In The Heart of Tx Realty
(512) 698-5406
2 Total Sales
-
Nicole Popov
Seller's Agent in 2012
Nicole Popov
eXp Realty, LLC
(512) 293-1608
66 Total Sales
About Milago Condominiums
Map
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 2143591
APN: 719535
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