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Off market
  • $773,500

    54 Rainey St APT 922, Austin, TX 78701

    2beds
    1,212sqft
    Condominium
    Built in 2005
    -- sqft lot
    $773,500 Zestimate®
    $638/sqft
    $3,522 Estimated rent

    Home value

    $773,500

    $727,000 - $820,000

    $3,522/mo

    Zestimate® history
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    What's special

    Welcome to Milago Unit 922, a spacious 2-bedroom, 2-bath residence offering breathtaking panoramic views of Downtown Austin and Lady Bird Lake. Ideally positioned at the tranquil end of Rainey Street, this premier condo blends peaceful lakeside living with immediate access to Austin's most vibrant dining and entertainment district. This home underwent a comprehensive $150,000 remodel in 2017, completed through a thorough six-month renovation process. Enhancements include new hardwood flooring throughout, reconfigured walls and closets for improved functionality, custom pocket doors, and fully updated bathrooms with new toilets, showers, and modern finishes. The kitchen was completely redesigned with all-new appliances, cabinetry, and countertops, creating a refined, timeless space ideal for everyday living and entertaining. Designed for modern living, the residence features oversized windows with automatic power shades, abundant natural light throughout and seamless indoor-outdoor connection highlighting city and lake views BONUS FEATURES include two premium GROUND LEVEL parking spaces, a dedicated storage unit, refrigerator, and stackable washer/dryer—all included for your convenience. The Milago Condominiums recently completed its first building-wide assessment since original construction, funding major capital improvements including roof replacement and elevator upgrades. The seller has already paid the full assessment for Unit 922, offering peace of mind and value to the next owner. Additionally, the building will soon begin a refresh of common areas and hallways, further enhancing the community's appeal and long-term value. Milago residents enjoy resort-style amenities, including: - Rooftop pool & spa with grilling stations - 2nd-floor fitness center and club room - 1st-floor resident lounge and landscaped outdoor patio - 24-hour concierge service

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Source: Kuper Sotheby's International Realty,MLS#: 4202725

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Features
    • Has basement: No
    Interior area
    • Total structure area: 1,212
    • Total interior livable area: 1,212 sqft

    Property

    Parking
    • Total spaces: 2
    Details
    • Parcel number: 719688

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Condition
    • Year built: 2005
    • Major remodel year: 2005

    Community & neighborhood

    Location
    • Region: Austin

    Price history

    DateEventPrice
    3/3/2026Listing removed$800,000$660/sqft
    Source: Kuper Sotheby's International Realty #4202725 Report a problem
    2/27/2026Listing removed$4,150$3/sqft
    Source: Unlock MLS #5910542 Report a problem
    1/29/2026Contingent$800,000$660/sqft
    Source: Unlock MLS #4202725 Report a problem
    1/29/2026Pending sale$800,000$660/sqft
    Source: Kuper Sotheby's International Realty #4202725 Report a problem
    1/20/2026Listed for rent$4,150$3/sqft
    Source: Unlock MLS #5910542 Report a problem
    1/19/2026Price change$800,000-3%$660/sqft
    Source: Kuper Sotheby's International Realty #4202725 Report a problem
    8/21/2025Price change$825,000-5.7%$681/sqft
    Source: Unlock MLS #4202725 Report a problem
    8/6/2025Listed for sale$875,000$722/sqft
    Source: Kuper Sotheby's International Realty #4202725 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,803 -7.3%$548,259 -12.9%
    2024$9,499 -22.7%$629,413 -21.6%
    2023$12,285 -3.4%$802,482 +10%
    2022$12,718 $729,529 +10%
    2021-- $663,208 +3.2%
    2020$13,061 +3.6%$642,644
    2019$12,602 -4.5%$642,644 +4.5%
    2018$13,195 $614,882 +3.2%
    2017$13,195 +65%$595,990 +7.3%
    2016$7,995 $555,667 -1.1%
    2015$7,995 $561,970 +22.5%
    2014$7,995 $458,629 +10%
    2013-- $416,935 +10%
    2012-- $379,032 +9.2%
    2011-- $346,969 -2.5%
    2010-- $355,706 -21%
    2009-- $450,540 +6.1%
    2008-- $424,618 +10%
    2007-- $386,016 +424.1%
    2006-- $73,651

    Find assessor info on the county website

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $773,500
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    Estimated market value
    $773,500