$359,000

Estimated payment $3,138/month

Total Views 1,489
1 Bed
1 Bath
756 Sq Ft
$475 Price per Sq Ft

Highlights

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

About This Home

Experience elevated downtown living at 54 Rainey St. #415, a beautifully renovated 1-bedroom, 1-bathroom condo. This 756-square-foot home has been thoughtfully upgraded to offer both style and comfort. The sleek kitchen features updated appliances, designer cabinetry, and stylish lighting, creating a modern space ideal for cooking and entertaining. The spa-inspired bathroom boasts a walk-in shower, enhanced by elegant tile work and contemporary fixtures, providing the perfect retreat after a day of urban exploration. Step onto your private balcony to enjoy serene views, or head to the rooftop pool to take in stunning panoramas of downtown Austin and Lady Bird Lake. The building’s exceptional amenities include a fully equipped gym, 24-hour concierge service, and impeccably maintained common areas—all complemented by some of the most affordable HOA fees in the downtown area. Situated in the heart of the vibrant Rainey Street district, this condo is steps away from Lady Bird Trail, offering easy access to biking, running, and waterfront activities. Rainey Street’s eclectic mix of restaurants, bars, and coffee shops ensures that dining and nightlife options are always close at hand. The property’s prime location provides seamless access to I-35, East Austin, South Congress, and beyond, making it a perfect choice for those seeking the ultimate urban lifestyle. Whether you're catching fireworks from the rooftop, grabbing a morning coffee, or enjoying a peaceful stroll along the trail, this home is the ideal blend of modern sophistication and Austin charm. All values are approximate and to be verified.

Listing Agent

Matthew Cordova

Keller Williams Realty Brokerage Phone: (713) 447-7152 License #0741053 Listed on: 06/01/2026

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,872

Year Built

  • Built in 2005

Lot Details

  • North Facing Home

HOA Fees

  • $584 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking
  • Off-Street Parking
  • Community Parking Structure

Home Design

  • Slab Foundation
  • Concrete Roof
  • Concrete Siding

Interior Spaces

  • 756 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Flooring
  • Smart Thermostat

Kitchen

  • Open to Family Room
  • Electric Oven
  • Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Washer

Outdoor Features

  • Roof Top Pool
  • Terrace

Schools

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

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Water Connected
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 02030312400000

Community Details

Overview

  • Association fees include common area maintenance, ground maintenance
  • Firstservice Residential Association
  • Milago Condo Amd Subdivision
  • Community Lake

Amenities

  • Concierge
  • Sundeck
  • Community Barbecue Grill
  • Common Area
  • Business Center
  • Meeting Room
  • Lounge
  • Service Elevator
  • Package Room

Recreation

  • Park
  • Dog Park
  • Trails

Security

  • Building Security
  • On-Site Manager or Management
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,872

Year Built

Built in 2005

Lot Details

0 Sq Ft Lot

HOA Fees

$584 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 2005
  • Additional Parcels: No
  • Direction Faces: North
  • Directions: Cesar Chavez to Red River, left River Road, right on Rainey Street. Milago is on the right hand side. Guest parking available, get pass from front desk or there is street parking.
  • Disclosures: Seller Disclosure
  • Fencing: None
  • Garage Spaces: 1
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Levels: One
  • Living Area: 756
  • Other Structures: Bathroom
  • Special Listing Conditions: Standard
  • Attribution Contact: (713) 447-7152
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 7666.00
  • FEMA Flood Plain: No
  • Current Price Lot Size Squ: 1873.11
  • Current Price By Living Ar: 474.87
  • Current Price By Original : 1.00
  • List Price Lot Size Square: 1873.11
  • List Price By Living Area: 474.87
  • List Price By Original Lis: 1.00
  • Restrictions: Deed Restrictions
  • Tax Exemptions: Homestead
  • Unit Style: See Remarks
  • Outof Area School District: TX
  • ACT_HomeOfficeYN: 0
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Quartz Counters, Primary Bedroom on Main
  • View: City
  • Flooring: Wood
  • Accessibility Features: None
  • Appliances: Built-In Refrigerator, Dishwasher, Exhaust Fan, Microwave, Electric Oven, Washer, Electric Water Heater
  • Main Level Bedrooms: 1
  • Property Condition: Resale
  • Security Features: Building Security
  • Window Features: None
  • Laundry Location: Laundry Closet

Beds/Baths

  • Full Bathrooms: 1
  • Bedrooms: 1

Exterior Features

  • Exterior Features: Balcony
  • Roof: Concrete
  • Foundation: Slab
  • Patio And Porch Features: Terrace
  • Pool Features: Rooftop Pool
  • Private Pool: Yes
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 1
  • Parking Features: Covered, Guest, Off Street
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Water Connected
  • Heating: Central, Electric
  • Water Source: None
  • Cooling: Central Air, Electric

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Maintenance Grounds
  • Association Fee Frequency: Monthly
  • Association Fee: 584

Association/Amenities

  • Association Name: FirstService Residential
  • Association: Yes
  • Community Features: BBQ Pit/Grill, Business Center, Clubhouse, Common Grounds, Concierge, Conference/Meeting Room, Controlled Access, Covered Parking, Dog Park, Electronic Payments, Fitness Center, Garage Parking, Lake, Lounge, Nest Thermostat, Package Service, Park, Pool, Property Manager On-Site, Sundeck, Tenant Access Cargo Elevator, Trail(s)

Schools

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

Lot Info

  • Lot Features: See Remarks
  • Parcel Number: 02030312400000
  • Lot Size Acres: 0.0044
  • Lot Size Sq Ft: 191.66
  • Subdivision Name: Milago Condo Amd

Building Info

  • Construction Materials: Concrete
  • New Construction: No

Tax Info

  • Tax Year: 2026
  • Tax Annual Amount: 6872.28
  • Tax Filled Sqft Total: 756
  • Tax Rate: 2.04650000000000

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,603 $374,611 $142,298 $232,313
2023 $6,222 $509,450 $142,298 $367,152
2022 $9,530 $482,566 $142,298 $340,268
2021 $7,013 $322,177 $71,150 $251,027
2020 $6,617 $308,492 $51,227 $257,265
2018 $7,531 $340,166 $42,690 $297,476
2017 $7,051 $316,174 $42,690 $287,778
2016 $6,410 $287,431 $42,690 $265,782
2015 $4,363 $261,301 $42,689 $224,765
2014 $4,363 $237,546 $42,689 $194,857
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/15/2026 08/15/26 For Sale $359,000 0.0% $475 / Sq Ft
08/14/2026 08/14/26 Off Market -- -- --
07/09/2026 07/09/26 Price Changed $359,000 0.0% $475 / Sq Ft
06/01/2026 06/01/26 For Sale $359,000 0.0% $475 / Sq Ft
05/01/2025 05/01/25 Rented $2,295 0.0% --
04/26/2025 04/26/25 Under Contract -- -- --
04/03/2025 04/03/25 For Rent $2,295 0.0% --
11/30/2021 11/30/21 Sold -- -- -- View Prior Sale
10/10/2021 10/10/21 Pending -- -- --
09/24/2021 09/24/21 Price Changed $495,000 -3.9% $655 / Sq Ft
09/09/2021 09/09/21 Price Changed $514,900 -4.6% $681 / Sq Ft
09/02/2021 09/02/21 Price Changed $539,900 -2.7% $714 / Sq Ft
08/11/2021 08/11/21 For Sale $554,900 +66.9% $734 / Sq Ft
09/05/2018 09/05/18 Sold -- -- -- View Prior Sale
08/03/2018 08/03/18 Pending -- -- --
07/27/2018 07/27/18 For Sale $332,500 0.0% $440 / Sq Ft
07/03/2012 07/03/12 Rented $1,695 0.0% --
06/19/2012 06/19/12 Under Contract -- -- --
06/07/2012 06/07/12 For Rent $1,695 -- --
Source: Unlock MLS (Austin Board of REALTORS®)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed -- Austin Title Company
Special Warranty Deed -- None Available
Warranty Deed -- Independence Title Co
Vendors Lien -- Alamo Title Company
Vendors Lien -- Alamo Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $344,250 New Conventional
Previous Owner $207,000 Commercial
Previous Owner $153,600 Commercial
Source: Public Records

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 1844029

Unlock MLS (Austin Board of REALTORS®)

APN: 719560

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