54 Rainey Street 1218, Austin

$1,083,999

2 Beds
3 Baths
1,956 Sqft
.01 Acre
2 Garages

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.

Essential Information
MLS® #4111361
Price$1,083,999
Bedrooms2
Bathrooms3.00
Full Baths2
Half Baths1
Square Footage1,956
Acres0.01
Year Built2005
TypeResidential
Sub-TypeCondominium
StatusActive Under Contract
Community Information
Address54 Rainey Street 1218
AreaDT
SubdivisionMilago Condo Amd
CityAustin
CountyTravis
StateTX
Zip Code78701
Amenities
AmenitiesConcierge
Garage Spaces2
GaragesGarage Door Opener
ViewCity, Lake, River
Is WaterfrontYes
WaterfrontLake Front
Has PoolYes
Utilities

Electricity Connected, Fiber Optic Available, Sewer Connected, Water Connected, Cable Connected, Phone Connected

Features

Common Grounds/Area, Community Mailbox, Sidewalks, Curbs, Bicycle Storage, Business Center, Concierge, Fitness Center, Gated, Storage Facilities, Trails/Paths

Parking

Attached, Garage, Garage Door Opener, Lighted, Assigned, Common, Covered, Gated, Guest, Secured

Interior
InteriorTile, Wood
HeatingCentral, Electric
FireplacesNone
# of Stories1
StoriesOne
Appliances

Dryer, Dishwasher, Electric Cooktop, Disposal, Microwave, Refrigerator, Washer, Built-In Electric Oven, Built-In Electric Range, ENERGY STAR Qualified Appliances, Exhaust Fan, Stainless Steel Appliance(s)

Exterior
Exterior FeaturesDog Run, Balcony
RoofConcrete
ConstructionConcrete, Glass
FoundationSlab
Lot Description

Backs to Greenbelt/Park, Near Public Transit

School Information
DistrictAustin ISD
ElementaryMathews
MiddleO Henry
HighAustin
Additional Information
Date ListedMarch 29th, 2024
Days on Market118
Listing Details
Office Contact(512) 850-5717
Property History
Price Reduced from $1,086,999 to $1,083,999
Price Reduced from $1,089,999 to $1,086,999
Price Reduced from $1,099,999 to $1,089,999
Price Reduced from $1,100,000 to $1,099,999
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The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from July 26th, 2024 at 11:30pm CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

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