NOT LISTED FOR SALE

Estimated Value: $587,158 - $798,000

2 Beds
2 Baths
1,157 Sq Ft
305 Sq Ft Lot

Highlights

  • Concierge
  • Lake Front
  • Gated Parking
  • Mathews Elementary School Rated A
  • Fitness Center
  • 4-minute walk to Waller Beach at Town Lake Metropolitan Park

About This Home

As of May 2024

Large corner unit. Two bedrooms with two baths. 2 Reserved parking spaces and storage cage in parking garage. Great location at south end of Rainey St next to hike and Bike trail. Great amenities, including rooftop pool, weight room. Views from condo include Congress Ave bridge and river. Large balcony. Can apply and pay application fees online.

Last Agent to Rent the Property

Larry Park

Austin Residential Management Brokerage Phone: (512) 565-8203 License #0373415 Listed on: 12/15/2023

Last Renter's Agent

Teresa Miller

Engel & Volkers Austin License #0617850

Engel & Volkers Austin

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,840

Year Built

  • Built in 2005

Lot Details

  • Lake Front
  • Northwest Facing Home
  • Partially Fenced Property
  • Sprinkler System
  • Wooded Lot

Parking

  • 2 Car Garage
  • Gated Parking
  • Reserved Parking
  • Assigned Parking
  • Community Parking Structure

Property Views

  • Park or Greenbelt

Home Design

  • Slab Foundation
  • Concrete Siding

Interior Spaces

  • 1,157 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Double Master Bedroom
  • Two Primary Bathrooms
  • 2 Full Bathrooms

Home Security

Accessible Home Design

  • Stepless Entry

Outdoor Features

  • Outdoor Storage

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 $2,500
  • Tenant pays for all utilities
  • The owner pays for common area maintenance, management
  • 12 Month Lease Term
  • $75 Application Fee
  • Assessor Parcel Number 02030312940000

Community Details

Overview

  • Property has a Home Owners Association
  • 240 Units
  • Milago Condo Amd Subdivision
  • Property managed by Austin Residential Mgmt

Amenities

  • Concierge
  • Community Barbecue Grill

Recreation

Pet Policy

  • Pet Deposit $300
  • Dogs and Cats Allowed
  • Medium pets allowed

Security

  • Controlled Access
  • Gated Community
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$12,840

Year Built

Built in 2005

Lot Details

0

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Owner Pays: Common Area Maintenance, Management
  • Tenant Pays: All Utilities
  • Pets Allowed: Cats OK, Dogs OK, Medium (< 35 lbs)
  • Available Date: 2024-01-01
  • App Deposit Payable To: Broker
  • App Fee Payable To: Broker
  • Application Fee: 75
  • Application Policy: Best Qualified Application
  • Application Required: See Online App,TAR App
  • First Month Rent Payable To: Broker
  • Max Numof Pets: 2
  • Monthly Pet Rent: 0
  • Additional Pet Fee: 250
  • Pet Deposit: 300
  • Max Lease Months: 24
  • Online App Instructions: austinresidentialmanagement.com
  • Online App Instructions Public: austinresidentialmanagement.com
  • App Delivery To: 706-B W. Ben White Blvd #182 Austin, TX. 78704

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Year Built: 2005
  • Direction Faces: Northwest
  • Directions: Very south end of Rainey Street. Parking available on Rainey or on East Ave.
  • Disclosures: None
  • Fencing: Fenced, Partial
  • Garage Spaces: 2
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Lease Term: 12 Months
  • Levels: One
  • Living Area: 1157
  • Other Structures: Storage
  • Attribution Contact: (512) 565-8203
  • Attribution Contact: (512) 565-8203
  • FEMA Flood Plain: No
  • Unit Style: 1st Floor Entry,High Rise (8-13 Stories),Elevator
  • Complex Name: Milago
  • Smoking Inside YN: 0
  • Special Features: None

Interior Features

  • Interior Amenities: Two Primary Baths, Two Primary Suties, Breakfast Bar, Primary Bedroom on Main
  • View: City, Lake, Park/Greenbelt, River
  • Flooring: Wood
  • Fireplace Features: None
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Range, Exhaust Fan, Microwave, Refrigerator
  • Main Level Bedrooms: 2
  • Property Condition: Resale
  • Security Features: Smoke Detector(s)
  • Spa Features: None
  • Window Features: Window Coverings
  • ResoLivingAreaSource: PublicRecords
  • Laundry Location: In Hall
  • Num Dining: 1
  • Num Living: 1
  • Appliances Maintained: Cook Top,Dishwasher,Disposal,Dryer,Washer
  • Min Lease Months: 6
  • Num Other Level Beds: 0

Beds/Baths

  • Full Bathrooms: 2
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Balcony, No Exterior Steps
  • Roof: See Remarks
  • Foundation: Slab
  • Patio And Porch Features: None
  • Pool Features: None
  • Private Pool: No
  • Water Body Name: Lady Bird Lake
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air
  • Meter Description: See Remarks

Association/Amenities

  • Association: Yes
  • Community Features: BBQ Pit/Grill, Bike Storage/Locker, Concierge, Controlled Access, Covered Parking, Fitness Center, Garage Parking, Gated, Pool

Condo/Co-op/Association

  • Managed By: Property Manager
  • Management Company: Austin Residential Mgmt
  • Management Co Rep: Larry Park

Schools

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

Lot Info

  • Lot Features: Sprinkler - Automatic, Trees-Medium (20 Ft - 40 Ft)
  • Parcel Number: 02030312940000
  • Lot Size Acres: 0.007
  • Lot Size Sq Ft: 304.92
  • Subdivision Name: Milago Condo Amd

Building Info

  • Construction Materials: Concrete
  • New Construction: No

Multi Family

  • Number Of Units Total: 240
  • Management Co Phone: (512) 565-8203

Tax Info

  • Tax Map Number: 623
  • Tax Filled Sqft Total: 1157

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2009
Sold by
Hidalgo Espartaco Diaz
Bought by
Thekkumkara Thomas and Thekkumkara Mary
Current Estimated Value
$692,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,800
Interest Rate
4.97%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Thekkumkara Thomas -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thekkumkara Thomas $261,054
Closed Thekkumkara Thomas $268,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2024 05/01/24 Rented $2,850 0.0% --
04/18/2024 04/18/24 Under Contract -- -- --
04/14/2024 04/14/24 Price Changed $2,850 -1.7% $2 / Sq Ft
03/28/2024 03/28/24 Price Changed $2,900 -3.2% $3 / Sq Ft
03/19/2024 03/19/24 Price Changed $2,995 0.0% $3 / Sq Ft
03/19/2024 03/19/24 For Rent $2,995 -9.2% --
03/13/2024 03/13/24 Off Market $3,300 -- --
12/15/2023 12/15/23 For Rent $3,300 0.0% --
06/01/2023 06/01/23 Rented $3,300 0.0% --
04/24/2023 04/24/23 Under Contract -- -- --
03/06/2023 03/06/23 For Rent $3,300 +37.5% --
12/20/2017 12/20/17 Rented $2,400 -4.0% --
11/21/2017 11/21/17 Under Contract -- -- --
11/21/2017 11/21/17 Price Changed $2,500 -7.4% $2 / Sq Ft
10/30/2017 10/30/17 Price Changed $2,700 -3.4% $2 / Sq Ft
10/05/2017 10/05/17 Price Changed $2,795 -3.5% $2 / Sq Ft
09/25/2017 09/25/17 Price Changed $2,895 -1.9% $3 / Sq Ft
08/29/2017 08/29/17 For Rent $2,950 +3.5% --
08/22/2014 08/22/14 Rented $2,850 +1.8% --
08/09/2014 08/09/14 Under Contract -- -- --
07/01/2014 07/01/14 For Rent $2,800 0.0% --
08/01/2012 08/01/12 Rented $2,800 +1.8% --
07/19/2012 07/19/12 Under Contract -- -- --
06/29/2012 06/29/12 For Rent $2,750 -- --
Source: Unlock MLS (Austin Board of REALTORS®)

Tax History Compared to Growth

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
2023 $12,840 $709,707 $217,658 $492,049
2022 $11,978 $606,500 $217,658 $388,842
2021 $13,117 $602,600 $108,830 $493,770
2020 $12,462 $581,000 $78,357 $502,643
2018 $12,066 $545,000 $65,298 $479,702
2017 $11,574 $519,000 $65,298 $453,702
2016 $11,574 $519,000 $65,298 $453,702
2015 $10,964 $492,000 $65,297 $426,703
2014 $10,964 $469,344 $65,297 $404,047
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 3425580

Unlock MLS (Austin Board of REALTORS®)

APN: 719616