$685,000

Milago Condominiums 54 Rainey St Unit 412 Austin, TX 78701

Rainey Street Historic District Neighborhood

Estimated payment $5,574/month

Total Views 1,276
2 Beds
2 Baths
1,164 Sq Ft
$588 Price per Sq Ft

Highlights

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

About This Home

Refined urban living unfolds in this west-facing two-bedroom, two-bath residence designed for both style and ease. Rich wood floors ground the space with warmth, while gleaming granite countertops and a thoughtfully appointed kitchen, complete with under-cabinet lighting and sleek stainless steel appliance set the tone for timeless sophistication. A stacked washer and dryer round out the modern comforts.
Milago’s amenities read like a greatest-hits album of downtown luxury: a rooftop terrace crowned with a pool, hot tub, and BBQ grills; a fully equipped fitness center; an elegant club room; a ground-floor lounge and patio; and the peace of mind that comes with 24/7 concierge service.
Set in the heart of the Rainey Street District and just steps from Lady Bird Lake, this location puts Austin’s best within effortless reach from neighborhood essentials to celebrated dining and rooftop cocktails. Spend your evenings immersed in the city’s energy or your mornings along the hike-and-bike trail, paddle-board in hand. It’s all right outside your door.

Listing Agent

Sherene Mayner

Womack Real Estate LLC Brokerage Phone: (512) 689-9324 License #0643368 Listed on: 01/30/2026

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,539

Year Built

  • Built in 2005

Lot Details

  • Waterfront
  • West Facing Home

HOA Fees

  • $965 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Electric Gate
  • Secured Garage or Parking
  • Guest Parking
  • Reserved Parking
  • Assigned Parking
  • Community Parking Structure

Property Views

  • Park or Greenbelt

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Membrane Roofing
  • Stucco

Interior Spaces

  • 1,164 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Window Screens

Kitchen

  • Breakfast Bar
  • Electric Range
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Stacked Washer and Dryer

Home Security

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Spa

Schools

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

Utilities

  • Central Heating and Cooling System
  • Private Water Source
  • Private Sewer
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 02030312370000

Community Details

Overview

  • Association fees include common area maintenance, landscaping, ground maintenance, maintenance structure, security, trash
  • Milago Condominiums Association
  • Milago Condo Amd Subdivision
  • Lock-and-Leave Community

Amenities

  • Concierge
  • Community Barbecue Grill
  • Courtyard
  • Common Area
  • Recycling
  • Meeting Room
  • Package Room
  • Community Mailbox

Recreation

  • Trails

Security

  • 24-Hour Security
  • Card or Code Access
  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,539

Year Built

Built in 2005

Lot Details

292 Sq Ft Lot

HOA Fees

$965 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 2005
  • Direction Faces: West
  • Directions: From I-35 exit Cesar Chavez, go W on Cesar Chavez, L(south) on Red River, L(east) on Davis, R(south) on Rainey. Milago is on right side after roundabout
  • Disclosures: Seller Disclosure
  • Fencing: None
  • Garage Spaces: 2
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Levels: One
  • Living Area: 1164
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Attribution Contact: (512) 689-9324
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 12539.16
  • FEMA Flood Plain: No
  • Current Price Lot Size Squ: 2347.10
  • Current Price By Living Ar: 588.49
  • "Current Price By Original ": 1.00
  • List Price Lot Size Square: 2347.10
  • List Price By Living Area: 588.49
  • List Price By Original Lis: 1.00
  • Restrictions: Deed Restrictions
  • Tax Exemptions: None
  • Unit Style: High Rise (8-13 Stories)
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Ceiling-High, Granite Counters, Kitchen Island, No Interior Steps, Open Floorplan, Walk-In Closet(s)
  • View: City, Downtown, Lake, Park/Greenbelt
  • Flooring: Tile, Wood
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Electric Range, Refrigerator, Washer/Dryer Stacked
  • Main Level Bedrooms: 2
  • Property Condition: Resale
  • Security Features: 24 Hour Security, Building Security, Fire Alarm, Fire Sprinkler System, Key Card Entry, Secured Garage/Parking
  • Window Features: Screens, Window Coverings
  • Laundry Location: Laundry Closet

Beds/Baths

  • Full Bathrooms: 2
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Balcony
  • Roof: Membrane
  • Foundation: Slab
  • Patio And Porch Features: None
  • Pool Features: None
  • Private Pool: No
  • Water Body Name: Lady Bird Lake
  • Waterfront Features: Waterfront
  • Waterfront: Yes

Garage/Parking

  • Total Covered Spaces: 2
  • Parking Features: Assigned, Covered, Electric Gate, Gated, Guest, Reserved
  • Total Parking Spaces: 2

Utilities

  • Sewer: Private Sewer
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Heating: Central
  • Water Source: Private
  • Cooling: Central Air

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Landscaping, Maintenance Grounds, Maintenance Structure, Security, Trash
  • Association Fee Frequency: Monthly
  • Association Fee: 964.98

Association/Amenities

  • Association Name: Milago Condominiums
  • Association: Yes
  • Community Features: BBQ Pit/Grill, Bike Storage/Locker, Clubhouse, Cluster Mailbox, Common Grounds, Concierge, Conference/Meeting Room, Controlled Access, Courtyard, Covered Parking, Electronic Payments, Fitness Center, Garage Parking, Gated, High Speed Internet, Lock and Leave, Package Service, Pool, Recycling Area/Center, Hot Tub, Trail(s)

Schools

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

Lot Info

  • Lot Features: None
  • Parcel Number: 02030312370000
  • Lot Size Acres: 0.0067
  • Lot Size Sq Ft: 291.85
  • Subdivision Name: Milago Condo Amd

Building Info

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

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 12539.16
  • Tax Filled Sqft Total: 1164
  • Tax Rate: 1.98180000000000

Map

About Milago Condominiums

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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
2025 $12,539 $612,717 $219,150 $393,567
2023 $14,634 $808,868 $219,150 $589,718
2022 $13,961 $706,925 $219,150 $487,775
2021 $12,695 $583,218 $109,575 $473,643
2020 $11,711 $546,008 $78,894 $467,114
2018 $11,535 $520,984 $65,745 $455,239
2017 $11,383 $510,400 $65,745 $447,915
2016 $10,348 $464,000 $65,745 $398,255
2015 $8,193 $436,000 $65,745 $370,255
2014 $8,193 $370,311 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/30/2026 01/30/26 For Sale $685,000 +19.3% $588 / Sq Ft
02/26/2018 02/26/18 Sold -- -- -- View Prior Sale
01/26/2018 01/26/18 Pending -- -- --
01/04/2018 01/04/18 For Sale $574,000 -- $493 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Cash Sale Deed -- None Available
Warranty Deed -- Alamo Title Company
Special Warranty Deed -- Alamo Title Company
Source: Public Records

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 6426082

Unlock MLS (Austin Board of REALTORS®)

APN: 719557

Texas Travis County Austin 78701 Rainey Street Historic District

54 Rainey St Unit 412, Austin, TX

For Sale

Condos

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Unlock MLS (Austin Board of REALTORS®) Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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Sherene Mayner
Listing Agent
Sherene Mayner
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Womack Real Estate LLC
(737) 399-2455
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