54 Rainey ST # 1020, Austin TX 78701

Austin, TX 78701 | Milago Condo

Ed's Opinion of Value

$277,641 Ed's Estimate: $508,685 $665,000
Lowest Comp Recommended List: $388,000 to $398,000 Highest Comp
The estimated value of this property is $508,685, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $388,000 and $398,000. Against 4 similar active listings in MILAGO CONDO, this price point lands at the 2nd least expensive of 4 comparable homes on the market. Right now, 4 similar properties are competing for buyers in MILAGO CONDO, listed between $419,500 and $665,000. Recent trends in MILAGO CONDO show home values have fallen 11% since 6 months ago. The most comparable recent sale is 360 Nueces ST # 2906, Austin TX 78701, with an adjusted value of $403,682; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group
1 Beds
1 Baths 1 Full
750 Sq Ft
0.0043 Acres
2005 Built
1 Garage

About This Property

Experience the ultimate Austin lifestyle in this breathtaking 10th-floor Luxury Waterfront Condo at Milago. Enjoy the convenience of 24-hour concierge service and high-end amenities, all while soaking in breathtaking panoramic views of Lady Bird Lake and the Austin skyline. This prime location places you within a short walking distance to the best dining and entertainment options, with direct access to the scenic Butler Trail. The interior features beautiful hardwood floors throughout, alongside a remodeled kitchen and bathroom. Step out onto your private balcony to take in the views. Recent upgrades include a microwave, dishwasher, and garbage disposal, all replaced in 2023, as well as the addition of a Nest Smart Thermostat and a Nest Wi-Fi Smoke Detector. The condo comes complete with a washer, dryer, and refrigerator. It also benefits from the lowest HOA fees for a high-end downtown unit, as noted in the HOA letter. Amenities abound, including a rooftop pool, hot tub, and fire pit, a business center, enhanced security, and an expansive terrace area on the 3rd floor equipped with grills and outdoor seating. Stay active in the fitness center or unwind in the clubroom and Wi-Fi lounge. For your convenience, there is dedicated bike storage and a reserved parking spot on level 2 of the garage (space 233). Don’t miss this opportunity to make this luxurious condo your new home!

Features

  • Breakfast Bar
  • Ceiling Fan(s)
  • Primary Bedroom on Main

Location

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Schools

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

Property Details

Property Type Residential
Flooring Tile, Wood
Cooling Central Air
Heating Central
Exterior Balcony
County Travis
MLS # 6636863

Parking

Garage 1 spaces

HOA & Community

HOA Fee $580 /Monthly
HOA Includes Common Area Maintenance, Trash

Tax Information

Annual Taxes $9,473 (2023)

Listing History

MLS# 6636863 - Updated Mar 22, 2026 106 days (367 CDOM)
May 9, 2025 Off Market
Mar 6, 2025 Price Change $418,000
Jan 1, 2025 Listed $439,000

Frequently Asked Questions About 54 Rainey ST # 1020, Austin TX 78701

When was 54 Rainey ST # 1020, Austin TX 78701 built?

54 Rainey ST # 1020, Austin TX 78701 was built in 2005.

How much does 54 Rainey ST # 1020, Austin TX 78701 cost?

54 Rainey ST # 1020, Austin TX 78701 sold on May 9, 2025. Contact us for sale price details.

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