54 Rainey ST # 1218
Austin, TX, 78701
$1,083,999
2 Beds
2.5 Baths
1,956 SqFt
0.01 Acres
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IMPORTANT INFO/READ ALL REMARKS: You will not find a condo at a better value. Also…you will not find a downtown Austin condo with a better combo of: amenities, turn-key-updates, modern styling, unadulterated views, convenience, size…all in an exciting and peaceful location. Recently remodeled CORNER UNIT in The Milago Condominiums, this unit is a rare 3 bedroom (or, 2 bedrooms and an office) at a whopping 1956 square feet! The Milago is one of the best kept secrets in Austin condominium living. Bordering Waller Beach Metropark, and overlooking the new Mexican American Cultural Center, it’s is the only high rise with direct access to the Hike & Bike trail. You don’t even cross a street…you simply walk out the back door and BOOM…you’re there…standing along the edge of Lady Bird Lake. You have all the amenities you’d come to expect from living in a downtown high rise: Rooftop pool, 24 hour concierge, business center, top shelf gym, security, etc. Sitting at the quiet end of Rainey Street Historic/Entertainment District offers you a wide range of entertainment and dining options. The unit provides a modern “open concept floorplan”, and is move in ready, with a recently remodeled kitchen and master bath, along with other updates throughout. Truly a “turn key” option, this property offers TWO primary suites (with ensuite full baths), and a 3rd flex room directly off the main living area that can be utilized as a bedroom, office, yoga studio, media room, art studio. etc. You’re only limited by your imagination. The TWO (!) outdoor patios (one off the main living area, another off the 1st Primary Suite) offer unobstructed views of the entire Austin skyline and Lady Bird Lake. Two PRIME parking spaces that straddle the elevator access in the garage, are also included. Since the unit is 10 steps from the elevator, you can get from your 12th floor condo to your vehicle in less than 20 steps. Come see it! OWNER FINANCING will be considered. As will rate buy downs.

Property Details

Price:
$1,083,999
MLS #:
4111361
Status:
Active
Beds:
2
Baths:
2.5
Address:
54 Rainey ST # 1218
Type:
Condo
Subtype:
Condominium
Subdivision:
Milago Condo Amd
City:
Austin
Listed Date:
Mar 29, 2024
State:
TX
Finished Sq Ft:
1,956
ZIP:
78701
Lot Size:
479 sqft / 0.01 acres (approx)
Year Built:
2005
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Schools

School District:
Austin ISD
Elementary School:
Mathews
Middle School:
O Henry
High School:
Austin

Interior

Appliances
Built- In Electric Oven, Built- In Electric Range, Dishwasher, Disposal, Dryer, Electric Cooktop, E N E R G Y S T A R Qualified Appliances, Exhaust Fan, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer
Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Cooling
Ceiling Fan(s), Central Air, Electric
Flooring
Tile, Wood
Heating
Central, Electric

Exterior

Community Features
Bike Storage/ Locker, Business Center, Cluster Mailbox, Common Grounds, Concierge, Covered Parking, Curbs, Fitness Center, Garage Parking, Gated, Lock and Leave, Sidewalks, Storage, Tenant Access Cargo Elevator, Walk/ Bike/ Hike/ Jog Trail(s
Exterior Features
Balcony, Dog Run
Other Structures
None
Parking Features
Assigned, Attached, Common, Covered, Garage Door Opener, Gated, Guest, Lighted, Secured
Roof
Concrete

Financial

Buyer Agent Compensation
3.000%
HOA Fee
$1,134
HOA Frequency
Monthly
HOA Includes
Common Area Maintenance, Landscaping, Maintenance Structure, Parking, Security, Trash
HOA Name
Somerset Association
Taxes
$22,240

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54 Rainey ST # 1218
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