Landlord's Agent in 2025
Miguel Garcia
Metro 512 Realty
(512) 921-8640
16 Total Sales
Milago Condominiums 54 Rainey St Unit 518 Austin, TX 78701
Rainey Street Historic District Neighborhood
2
Beds
2
Baths
1,164
Sq Ft
305
Sq Ft Lot
Highlights
- Concierge
- Lake Front
- Building Security
- Mathews Elementary School Rated A
- Fitness Center
- 4-minute walk to Waller Beach at Town Lake Metropolitan Park
About This Home
As of February 2025Located within Austin’s Rainey Street District, walking distance to Austin’s Butler Hike trail, easy access to upscale dinning and entertainment, this beauty offers views of the most desirable city in America! Escape the busy city life in this Oasis located on the 5th floor at Milago. This spacious condo is a 2BED/2 BATH open floor plan for anyone looking to live in the heartbeat of Austin. Condo includes: 24 hour concierge service, 24 hour access to all amenities, stainless steel appliances, 2 reserved garage parking spots, and a private balcony.
Last Agent to Rent the Property
Metro 512 Realty Brokerage Phone: (512) 479-1300 License #0734903 Listed on: 01/07/2025
Last Renter's Agent
Metro 512 Realty Brokerage Phone: (512) 479-1300 License #0734903 Listed on: 01/07/2025
Condo Details
Home Type
- Condominium
Est. Annual Taxes
- $10,914
Year Built
- Built in 2006
Lot Details
- Lake Front
- Northeast Facing Home
- Mature Trees
- Wooded Lot
- Dense Growth Of Small Trees
Parking
- 2 Car Garage
- Assigned Parking
- Community Parking Structure
Home Design
- Slab Foundation
- Masonry Siding
- Stone Veneer
Interior Spaces
- 1,164 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Ceiling Fan
- Recessed Lighting
- Track Lighting
- Window Screens
- Washer
Kitchen
- Breakfast Bar
- Oven
- Free-Standing Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Granite Countertops
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Accessible Home Design
- Accessible Common Area
Outdoor Features
- In Ground Pool
Schools
- Mathews Elementary School
- O Henry Middle School
- Austin High School
Utilities
- Central Heating and Cooling System
- Vented Exhaust Fan
Listing and Financial Details
- Security Deposit $3,100
- Tenant pays for all utilities
- The owner pays for association fees
- Negotiable Lease Term
- $75 Application Fee
- Assessor Parcel Number 02030312660000
Community Details
Overview
- Property has a Home Owners Association
- 75 Units
- Milago Condo Amd Subdivision
- Community Lake
Amenities
- Concierge
- Picnic Area
- Common Area
- Recycling
- Community Kitchen
- Meeting Room
- Planned Social Activities
- Community Mailbox
- Community Storage Space
Recreation
- Park
- Trails
Pet Policy
- Pet Deposit $150
- Pet Amenities
- Dogs and Cats Allowed
- Breed Restrictions
- Small pets allowed
Security
- Building Security
- Resident Manager or Management On Site
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 7, 2025
Closed on
Dec 27, 2024
Sold by
Heffernan Brittney and Heffernan Cole
Bought by
Epic Dfw Commercial Properties Lp
Seller's Agent
Miguel Garcia
Metro 512 Realty
Buyer's Agent
Miguel Garcia
Metro 512 Realty
Views
15
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.97%
Purchase Details
Listed on
Feb 9, 2019
Closed on
May 1, 2019
Sold by
Scheinberg Mark and Scheinberg Tonya
Bought by
Heffernan Brittney and Heffernan Cole
Seller's Agent
Bryan Cady
DEN Property Group
Buyer's Agent
Brittney Heffernan
Brodsky Properties
List Price
$559,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.88%
Original Mortgage
$415,875
Interest Rate
4.2%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 2, 2011
Sold by
Chorazy Chris and Chorazy Urszula
Bought by
Scheinberg Mark and Scheinberg Tonya
Purchase Details
Closed on
Jul 5, 2006
Sold by
Fairfield Rainey Lp
Bought by
Chorazy Chris
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
5.62%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Epic Dfw Commercial Properties Lp | -- | Heritage Title | |
| Heffernan Brittney | -- | Heritage Title | |
| Scheinberg Mark | -- | Alamo Title Company | |
| Chorazy Chris | -- | Alamo Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Heffernan Brittney | $415,875 | |
| Previous Owner | Chorazy Chris | $232,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/10/2025 02/10/25 | Rented | $3,100 | 0.0% | -- | |
| 02/03/2025 02/03/25 | Under Contract | -- | -- | -- | |
| 01/14/2025 01/14/25 | Price Changed | $3,100 | +0.2% | $3 / Sq Ft | |
| 01/14/2025 01/14/25 | Price Changed | $3,095 | +3.3% | $3 / Sq Ft | |
| 01/07/2025 01/07/25 | For Rent | $2,995 | 0.0% | -- | |
| 12/27/2024 12/27/24 | Sold | -- | -- | -- | View Prior Sale |
| 10/08/2024 10/08/24 | Price Changed | $599,000 | -4.9% | $515 / Sq Ft | |
| 09/09/2024 09/09/24 | Price Changed | $630,000 | -1.6% | $541 / Sq Ft | |
| 09/03/2024 09/03/24 | Price Changed | $640,000 | -1.5% | $550 / Sq Ft | |
| 08/06/2024 08/06/24 | Price Changed | $650,000 | -3.7% | $558 / Sq Ft | |
| 07/26/2024 07/26/24 | For Sale | $675,000 | 0.0% | $580 / Sq Ft | |
| 07/14/2023 07/14/23 | Rented | $3,300 | 0.0% | -- | |
| 06/26/2023 06/26/23 | Under Contract | -- | -- | -- | |
| 06/21/2023 06/21/23 | For Rent | $3,300 | -4.2% | -- | |
| 11/12/2022 11/12/22 | Rented | $3,445 | 0.0% | -- | |
| 11/12/2022 11/12/22 | Under Contract | -- | -- | -- | |
| 11/02/2022 11/02/22 | Price Changed | $3,445 | -0.1% | $3 / Sq Ft | |
| 10/25/2022 10/25/22 | For Rent | $3,450 | 0.0% | -- | |
| 05/01/2019 05/01/19 | Sold | -- | -- | -- | View Prior Sale |
| 03/07/2019 03/07/19 | Pending | -- | -- | -- | |
| 02/09/2019 02/09/19 | For Sale | $559,000 | 0.0% | $480 / Sq Ft | |
| 05/01/2012 05/01/12 | Rented | $2,200 | 0.0% | -- | |
| 04/19/2012 04/19/12 | Under Contract | -- | -- | -- | |
| 04/02/2012 04/02/12 | For Rent | $2,200 | -- | -- |
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 | $10,914 | $583,000 | $219,150 | $363,850 |
| 2023 | $10,914 | $648,853 | $219,150 | $429,703 |
| 2022 | $11,158 | $565,000 | $219,150 | $345,850 |
| 2021 | $12,695 | $583,218 | $109,575 | $473,643 |
| 2020 | $12,252 | $571,208 | $78,894 | $492,314 |
| 2018 | $11,513 | $520,000 | $65,745 | $454,255 |
| 2017 | $10,593 | $475,000 | $65,745 | $409,255 |
| 2016 | $10,668 | $478,337 | $65,745 | $412,592 |
| 2015 | $9,583 | $461,164 | $65,745 | $395,419 |
| 2014 | $9,583 | $402,700 | $65,745 | $336,955 |
Source: Public Records
Agents Affiliated with this Home
-
Miguel Garcia
-
David Brodsky
Seller's Agent in 2024
David Brodsky
Brodsky Properties
(512) 657-6694
1 in this area
80 Total Sales
-
Brittney Heffernan
Seller Co-Listing Agent in 2024
Brittney Heffernan
Brodsky Properties
(512) 963-9044
1 in this area
154 Total Sales
-
Gary Depinto
Buyer's Agent in 2024
Gary Depinto
Metro 512 Realty
(512) 217-6285
3 in this area
64 Total Sales
-
Leo Salazar
Buyer's Agent in 2023
Leo Salazar
Orchard Brokerage
(210) 391-4312
10 Total Sales
-
Joanne Flynn
Buyer's Agent in 2022
Joanne Flynn
Lux Haus Realty
(512) 633-7015
17 in this area
20 Total Sales
About Milago Condominiums
Map
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 8646430
APN: 719586
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