Property – Smith Realty

54 Rainey St

Austin, TX 78701

Virtual Tour

$1,089,999

2 Beds

3 Baths

1956 SqFt

0.011 Acre

2 Cars

Year Built 2005

Property Description

IMPORTANT INFO/READ ALL REMARKS: You wont 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. You also won't find a condo at a better value! Recently remodeled CORNER UNIT in The Milago Condominiums is essentially a 3 bedroom...but since the 3rd bedroom (which is HUGE) doesn't have a closet, we've had to list it as a 2 bedroom, at a whopping 1956 square feet! The Milago is one of the best kept secrets in Austin condominium living. Bordering Waller Beach Metropark, 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.

Listed by Bramlett Residential

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Essential Information

MLS ID	ACT4111361
Status	Active
Days Active	783
Est. Tax	$22,240
Lot Size	0.011
Year Built	2005

Total Bedrooms	2
1st Floor Bedrooms	2
Full Baths	2
Half Baths	1
Square Feet	1,956
Price Per SqFt	$557.26

Map

Features

Garage Spaces	2
Fireplace(s)	0
Fireplace Info	None
Flooring	Tile, Wood
Stories	One
Pool	Yes
Courtesy of	Bramlett Residential (512) 850-5717

Community & Amenities

Subdivision	Milago Condo Amd
City	Austin
County	Travis
HOA	Somerset Association
HOA Fee	$1134 / Monthly
Water Front	Yes

Exterior

Roof	Concrete
Construction	Concrete, Glass
Foundation	Slab
Fencing	None

School Information

Elementary School	Mathews
Middle School	O Henry
High School	Austin

Other Information

Appliances	Built-In Electric Oven, Built-In Electric Range, Dishwasher, Disposal, Dryer, Electric Cooktop, ENERGY STAR Qualified Appliances, Exhaust Fan, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer
Heating	Central, Electric
Cooling	Ceiling Fan(s), Central Air, Electric
Exterior Features	Balcony, Dog Run
Lot Features	Back to Park/Greenbelt, Curbs, Near Public Transit, Public Maintained Road
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
Patio Features	Covered, Patio, Side Porch
Structures	None
Interior Features	Two Primary Baths, Two Primary Suties, Breakfast Bar, Built-in Features, Ceiling Fan(s), Chandelier, Corian Counters, Granite Counters, Quartz Counters, Elevator, Multiple Living Areas, Open Floorplan, Pantry, Primary Bedroom on Main, Recessed Lighting, Soaking Tub, Storage, Track Lighting, Two Primary Closets, Walk-In Closet(s), Washer Hookup
Courtesy of	Bramlett Residential(512) 850-5717
Fencing Features	None
Parking Features	Assigned, Attached, Common, Covered, Garage Door Opener, Gated, Guest, Lighted, Secured

Mortgage Calculator

This property is priced at $1,089,999.

If you put 20% down, $218,000, your loan amount would be: $871,999.

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